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 revolutionary tech startups.

Manta Community’s entry into Cyberport signifies a strategic transfer in the 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 fitting path for strategic progress in Hong Kong and larger 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 circumstances 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 consumer experiences. By leveraging Manta’s Common Circuits for ZK-as-a-Service and Celestia’s knowledge availability for modularity, Manta Pacific gives an excellent atmosphere for ZK-enabled functions, paving the way in which for revolutionary options in numerous industries.

Based by a crew of skilled professionals from prestigious establishments similar to Harvard, MIT, and Algorand, Manta Community has garnered investments from high 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 deal with 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 common progress 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 circumstances, with this system set to conclude in 2025.