Manta Network MANTA ICO (Token Sale) Review And MANTA Token Analysis | CryptoRank.io
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Manta Network [MANTA]

 
On 5 watchlists
Token:
Ended 13 Nov
Token Sale
$ 28.80M
Fundraising Goal
Not Rated
Interest Rate

Manta Network is the plug-and-play privacy-preservation protocol built to service the entire DeFi stack.

Manta Network MANTA IDO Review

IDO is ended: 10 Nov — 13 Nov 2021

IDO price

$ 0.360

Raised

$ 28,800,000

Lock-up

100% will be vested over 96 weeks on a linear block-by-block basis

Tokens For Sale

80,000,000

Manta Network [MANTA] Moon Spreadsheet

Manta Network [MANTA] trading levels.

Token economics

Total Raised

$ 28,800,000

Initial values

FDMC: $ 360,000,000

Token allocation

Total supply:
1,000,000,000
Public sale:
80,000,000
(8.00%)

Additional links

About ICO Manta Network

Manta Network is focused on building a better Web 3.0 with privacy guarantees designed from the first principle: applying cutting-edge cryptographic constructions such as zkSNARKs to deliver end-to-end privacy guarantees for blockchain applications. The project delivers this guarantee while prioritizing interoperability, ease-of-use, high performance and auditability. Manta Network is the only ZK-Snark Privacy Layer for Web3 built on Polkadot. It focuses on the important but unsolved privacy issue, and works hard to achieving its goal of providing privacy solutions to the whole DeFi world.

The Manta token ($MANTA) is a utility token that rewards the token holders with a redeem mechanism on the Manta Pay and Manta Swap usage fees. Beside facilitating the consensus mechanism that underpins Manta Parachain Chain by staking, $MANTA has a burn function. Moreover, token also has a governance function and extended function.