Manta Network Joins Cyberport’s Incubation Program to Drive Innovation in Digital Tech
Manta Community, a number one modular blockchain for zero-knowledge (ZK) functions, has introduced its inclusion in Cyberport, Hong Kong’s premier digital know-how flagship and entrepreneurship incubator. Managed by the Hong Kong Cyberport Administration Firm Restricted, a wholly-owned entity of the Hong Kong SAR Authorities, Cyberport is a extremely selective program that serves as a launchpad for progressive tech startups.
🇭🇰 @MantaNetwork joins Hong Kong’s unique digital know-how flagship and incubator, Cyberport.
Manta continues its dedication to growth in Asia by way of this program. With sources from HK’s Cyberport, Manta will set up a powerful native presence.https://t.co/OWVpj5MLxz
— Manta Community (🔱,🔱) #MantaRenewParadigm (@MantaNetwork) April 15, 2024
Manta Community’s entry into Cyberport signifies a strategic transfer in direction of increasing its footprint within the Asian Web3 ecosystem. With Cyberport’s in depth sources and help, Manta Community goals to discover and develop real-world functions in finance, training, and different conventional sectors, successfully bridging the hole between Web2 and Web3 applied sciences.
Kenny Li, cofounder of Manta Community, expressed gratitude for Cyberport’s help, stating, “Cyberport has been very beneficiant in sharing its sources to push Manta in the correct course for strategic development in Hong Kong and higher Asia. We’re honored to be accepted into this prestigious program, particularly as a showcase of our dedication to growth in Hong Kong.”
Facilitating Web3 Adoption with Core Applied sciences
Manta Community brings to the desk its core applied sciences, together with Manta AI, to facilitate the adoption of novel use instances for conventional companies in Hong Kong and past. The corporate’s modular L2 ecosystem, Manta Pacific, is designed for EVM-native ZK functions and dApps, promising low-cost and high-quality person experiences. By leveraging Manta’s Common Circuits for ZK-as-a-Service and Celestia’s information availability for modularity, Manta Pacific provides a great atmosphere for ZK-enabled functions, paving the way in which for progressive options in varied industries.
Based by a workforce of skilled professionals from prestigious establishments reminiscent of Harvard, MIT, and Algorand, Manta Community has garnered investments from prime Web3 funding funds together with Binance Labs and Polychain Capital. The corporate has additionally participated in famend Web3 accelerators like Alliance DAO and Berkeley Blockchain Xcelerator. Manta Community is poised to usher within the subsequent era of Web3 functions with a concentrate on zero-knowledge applied sciences, marking a brand new chapter within the evolution of the digital panorama.
The Cyberport program will span over two years, specializing in analysis and improvement in addition to basic development initiatives. Starting in Hong Kong, this system goals to develop Manta Community’s attain throughout the remainder of Asia. Manta Community plans to work intently with regulators to construct sustainable and long-term use instances, with this system set to conclude in 2025.
