ReadON Joins Forces with Manta Network to Enable zkSBTs for Enhancing Its Content Ecosystem
Mar 28th, Singapore — Manta Network, the fastest zero-knowledge layer one protocol focused on on-chain privacy, is pleased to welcome ReadON to the Manta Ecosystem becomes the Social-Fi partner on the Manta Network’s upcoming NFT Private Offering (NPO) platform to start collaboration on social-fi privacy jointly. With the NPO platform, ReadON will adopt zkSBT to not only preserve users’ on-chain engagement, but also be completely controlled by users.
ReadON is a decentralized content platform with an incentive mechanism for consumers, curators, creators, as well as promoters. It aims to provide a one-stop solution to obtain the best Web3 information, build a low barrier product to guide 1 billion people to Web3 and develop a fair and open creator economy and an efficient Web3 marketing solution.
ReadON creates a distinct distribution model that allows the community to upvote and curate content, enabling users to effectively access high-quality content. By leveraging the zkSBT/zkNFT functionality offered through NPO, ReadON will let experienced, knowledgeable, and influential users on different topics gain voting power to cast their judgment on curators through the Topic-Bound zkNFT mechanism. With the help of the True-Read technology, content consumers’ reading behavior can also change curators’ ratings.
Through the partnership with Manta’s NPO platform, Manta Network will work with ReadON to better attract and bring more creators and curators into the Web3 world and enrich the on-chain content ecosystem. In the future, ReadOn will also launch plug-ins to help creators readily claim their ownership of content they produce on Web2 media and social media platforms, such as Medium.
Kenny Li, cofounder of Manta Network, said, “We’re excited to start empowering users in the ReadON ecosystem with Manta’s zkSBTs, which offer a walletless, on-chain privacy experience that integrates seamlessly.”
Troy Hua, cofounder and CTO of ReadON, said, “For a long time, we have been looking for solutions for on-chain social data. NPO stands out and turns out to be the perfect answer to that. Everyone is talking about privacy and we can finally implement it in a decentralized and verifiable way. ”
Manta Network’s NFT Private Offering, or NPO, is a decentralized launchpad for zkNFT/zkSBTs. It combines zero-knowledge technology with NFTs, enabling private minting and verification. With NPO, users can easily mint NFTs and SBTs while maintaining the privacy of their crypto assets. By leveraging Manta Network’s zkAddress tooling, NPO enables users to mint NFT/SBT on their zkAddress while using public addresses’ tokens to pay for the minting fee. By using Proof Keys, zkSBTs can be verified through mobile applications without the direct need for wallet signatures or verification. Deploying a Manta zkSBT does not require deep technical knowledge or understanding of cryptography. Manta Network has abstracted away the complexity and delivered an easy experience for any developer to understand and use zkSBTs.
About Manta Network:
Manta Network is the zero-knowledge layer 1 blockchain with the fastest prover speed and most decentralized trusted setup that brings programmable privacy to web3. Its suite of core products and technologies, including zkNFTs and MantaPay, offers user-friendly access to powerful ZK-enabled use cases. The project is created by a team of experienced founders from prestigious institutions, including Harvard, MIT, and Algorand. The team began its research on Zero Knowledge Proofs in 2019 during a cross-border payment research project under the MIT Digital Currency Initiative with the Monetary Authority of Singapore. Manta Network has received investments from many of the top web3 investment funds, including Binance Labs and Polychain Capital. It has grown through participation in the best web3 accelerators, including Alliance DAO and Berkeley Blockchain Xcelerator. Manta Network is poised to bring the next generation of web3 users and usher in a new chapter of privacy-focused web3 applications.
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ReadON is a decentralized content distribution platform that has created an incentive mechanism for consumers, curators, and creators, along with a unique Topic-bound NFT design. ReadON seeks to help users efficiently and freely access valuable content and break information silos. ReadON was the winner of the Solana Riptide Global Hackathon and Arweave Web3 Infra Hackathon. Its mobile application, ReadON DAO, is released already on both iOS and Android.