Manta Foundation

Building the Largest Modular L2 | Updates on @MantaNetwork Foundation & Governance

[Manta Foundation @FoundationManta]

The Manta Foundation is delighted to announce its strategic investment in @blocksense_ a successful applicant in our $50 million EcoFund. 🎉

We join notable supporters such as @a16zcrypto, @SeliniCapital, @TykheBV, @mhventures, and others.

Learn more:
https://t.co/5eXq0cWqMQ

[🤓Kenny @superanonymousk]

Do you notice what’s so beautiful about this chart?

@MantaNetwork demonstrates the lowest cost ratio; in other words, all the work we have done around modularity and multiDA (saving our users $2m in gas fees in the first month) is shining!!

Our cost is only 18% of our revenue. This powerful profit margin is what makes it possible for Manta to be the first L2 to confidently pass revenue back to its users.

Critics may point out that our revenue is not comparatively high—you’re absolutely right. The modular DA we have in place allows us to cut costs significantly. In the first month of enabling this, we cut gas fees by $2m. Since then, our transactions on-chain have skyrocketed, user activity and eco projects continue to grow the network activity, and amazingly—our costs still remain extremely low. Despite that, our profit margins are still the best.

This is a very proud moment. Congrats to all the hard work from the core Manta team in making this happen, and thanks to the entire community and ecosystem projects who continue to support us.

Manta is making real change and challenging the status quo for L2 performance.

[Manta Network (🔱,🔱) @MantaNetwork]

In addition, the Manta Foundation @FoundationManta will allocate 10M $MANTA tokens (1% of total supply) over the next four years for rewards to the most active Gas Gainers.

We’re upping the stakes so that your on-chain activity is rewarded generously!

[Manta Foundation @FoundationManta]

''There’s thoroughness and intentionality in the program design and implementation [...] There is also a strong level of support and resources given to grantees." - @arlery on the Manta Foundation.

Read the full report to learn why YOU should apply for the Manta Foundation EcoFund https://t.co/zacYusEjR7. 👇

[mashal (@ ETHconf 🗽) @arlery]

🚨 SO. MAJOR Announcement. 🚨

We've just published our 2024 State of Web3 Grants Report. 180 pages of insights and research. 20 pages of takeaways. 13 programs. 5 grants tools.

Read the report here: https://t.co/DJ2MpbIgBc

Produced by: Grant Innovation Lab at @metagov_project:
@bbeats1 @arlery @anke_g_liu @0xyNaMu @feemschats @GrendelMarco @velefante22 @hazel0184 @MorleySheen @b3nedictvs

Grants Programs: @ethereum @dfinity @ensdomains @0xPolygonEco @0xMantle @MantaNetwork @OctantApp @PublicNouns @solana @StellarOrg @rootstock_io @AaveGrants

Grants Tooling: @karmahq_ @hatsprotocol @hypercerts @metricsgarden @OSObserver

Co-funded by: @ensdomains @dfinity @0xMantle @MantaNetwork @OctantApp @rootstock_io

Designed by: @aesopsolo

We'll be walking folks through the takeaways at a bunch of events starting with @mcon_world and following through to @EFDevcon

(takeaways doc link in the next tweet)

[L2 Space @Layer2_Space]

💰 @FoundationManta building the Largest Modular L2 has recently announce strategic investment in @Blocksense_

🌐 The #MantaFoundation invested in
#BlockSense due to its innovative solutions for blockchain challenges, like data infrastructure and oracle services.

🔽VISIT
https://t.co/635H2xJ7HT
#Layer2Space

[Manta Foundation @FoundationManta]

#MantaNeverStops

[Shubham Bhandari @shubhamb126]

#MantaNeverStops

[Shubham Bhandari @shubhamb126]

"Reminder"
@FoundationManta is still investing!!

[Manta Foundation @FoundationManta]

The Manta Foundation is delighted to announce its strategic investment in @blocksense_ a successful applicant in our $50 million EcoFund. 🎉

We join notable supporters such as @a16zcrypto, @SeliniCapital, @TykheBV, @mhventures, and others.

Learn more:
https://t.co/5eXq0cWqMQ

[Manta Foundation @FoundationManta]

If you’re looking to receive funding and deploy on @MantaNetwork, apply for the Manta Foundation $50 million EcoFund.

Visit https://t.co/oL5syUde2d to get started.

https://t.co/WHShTqTLNr

[Manta Network (🔱,🔱) @MantaNetwork]

🔱 The Manta Foundation is excited to announce the opening of the Manta Foundation EcoFund, a $50 million pool that includes direct investment and our Ecosystem Grants Program.

Looking to build on Manta? Apply today:

👉 https://t.co/FpNxpI1sCe

[Manta Foundation @FoundationManta]

Congratulations to the @blocksense_ team on securing a successful seed round. 🎉

The Manta Foundation is excited to support Blocksense on its journey and looks forward to seeing secure and scalable data feeds on #MantaPacific.

[Blocksense Network 🏴‍☠️ @blocksense_]

1/9 We are very happy to share that we’ve secured a seed round led by @permutation_co, with participation from @a16zcrypto’s CSX, @notscottmoore’s @publicworksfm, @TykheBV, @gametheorizing’s @SeliniCapital, @mhventures and the stellar guys of @daedalus_angels.

[Blocksense Network 🏴‍☠️ @blocksense_]

1/9 We are very happy to share that we’ve secured a seed round led by @permutation_co, with participation from @a16zcrypto’s CSX, @notscottmoore’s @publicworksfm, @TykheBV, @gametheorizing’s @SeliniCapital, @mhventures and the stellar guys of @daedalus_angels.

[Crypto Fundraising #StandWithUkraine 🇺🇦 @Crypto_Dealflow]

App for airdrop farming @DropNest_xyz received funding from @mantanetwork. Amount is not disclosed.
https://t.co/amkMbDfO1g

[Dropnest @DropNest_xyz]

We are glad to be part of @MantaNetwork @FoundationManta EcoFund!

This investment will allow us to deliver our commitment to advance user inclusivity and simplify the Web3 experience across airdrops, staking, yield, bitcoin and much more.

LFG 🚀

[Manta Foundation @FoundationManta]

The Manta Foundation is delighted to announce its strategic investment in Nest layer @DropNest_xyz, a successful applicant in our $50 million EcoFund. 🎉

Learn more:
https://t.co/HL3ysybVon

[Manta Foundation @FoundationManta]

If you’re looking to receive funding and deploy on @MantaNetwork, apply for the Manta Foundation $50 million EcoFund.

Visit https://t.co/oL5syUde2d to get started.

https://t.co/WHShTqTLNr

[Manta Network (🔱,🔱) @MantaNetwork]

🔱 The Manta Foundation is excited to announce the opening of the Manta Foundation EcoFund, a $50 million pool that includes direct investment and our Ecosystem Grants Program.

Looking to build on Manta? Apply today:

👉 https://t.co/FpNxpI1sCe