Manta Network
MANTA
$0.91

Sector

Layer 2

Exchange Debut

2024-01-18

Market Cap

338,439,968

Maxim Supply

1,000,000,000

Circulating Supply

372,949,612

Circ. Supply(%)

37.29%
Manta Network - logo

Manta Network

MANTA

Price

$0.91

Market Cap

Sector

Exchange Debut

338,439,968
2024-01-18

Volume 24h

High 24h

Low 24h

38219448
0.922904276131
0.863633538529

Change 24h

Change 7d

Change 30d

0.0238
-10.9652
-12.6075

Maxim supply

Circulating supply

Circulating supply(%)

1,000,000,000
372,949,612
37.29%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Manta Network-MANTA cryptocurrency:

 

Manta Network-MANTA emerges as a distinctive project in the crypto landscape, aiming to redefine privacy and scalability within blockchain applications. Through its dual-network structure, Manta Pacific and Manta Atlantic, the project leverages Ethereum’s Layer 2 for ZK applications and introduces the fastest ZK Layer 1 chain on Polkadot, focusing on programmable identities. With a comprehensive fundamental analysis of the Manta Network-MANTA cryptocurrency yielding an overall score of 7.73 out of 10, this review delves into the project’s strengths and areas for improvement across various critical dimensions, setting the stage for a nuanced understanding of its potential and challenges.

SOCIAL & MASS MEDIA: Score 7.60 out of 10

Manta Network-MANTA displays a strong presence on social media, marked by its exceptional ability to attract followers and engage communities, as evidenced by perfect scores in follower attraction and chat group sizes. However, the relatively low community activity on social media pages suggests an opportunity for enhanced engagement strategies to foster more vibrant interactions. The project’s media presence and administrator activities indicate a solid foundation for building visibility and maintaining communication channels with its audience.

AUDIT & SECURITY: Score 7.45 out of 10

The project’s commitment to security is evident through its audit results and transparency, with an above-average score reflecting a robust approach to safeguarding user interests. High liquidity on exchanges underscores the project’s financial health and investor confidence. While the audit results show room for improvement, the overall score highlights Manta Network’s dedication to maintaining a secure and trustworthy platform.

TOKENOMICS: Score 6.50 out of 10

The token economy of Manta Network presents a mixed picture. The project’s decentralization efforts, indicated by a high score in monetary mass centralization, contrast with concerns over its inflationary model. Addressing the inflation rate could enhance the token’s long-term value proposition and economic sustainability, marking an essential area for strategic adjustments.

ECOSYSTEM DEVELOPMENT: Score 7.80 out of 10

Manta Network’s ecosystem development is on a promising trajectory, with significant achievements and plans for new developments. The scores reflect the project’s ability to meet its objectives and its commitment to continuous innovation. This aspect is crucial for keeping the platform relevant and competitive in the rapidly evolving blockchain space.

TEAM & DEVELOPERS: Score 5.80 out of 10

The team behind Manta Network, while experienced, faces challenges in terms of developer strength. Expanding the team of software developers could accelerate project development and innovation. Strengthening the team is essential for tackling ambitious technical goals and ensuring the platform’s growth.

PRODUCT & UTILITY: Score 9.00 out of 10

Manta Network excels in product utility, offering significant value through its unique features and token use cases within the ecosystem. This high score underscores the project’s success in creating practical and impactful applications, positioning it as a leader in its niche of privacy-preserving blockchain solutions.

PARTNERS & INVESTORS: Score 9.25 out of 10

The project boasts strong support from partners and investors, reflecting confidence in its vision and execution capabilities. The perfect score for the quality of partners, combined with a high investor rating, highlights Manta Network’s solid foundation and potential for sustained growth.

Fundamental analysis of the Manta Network-MANTA cryptocurrency – The final conclusion

The fundamental analysis of the Manta Network-MANTA cryptocurrency reveals a project with strong foundations, notable for its innovative approach to privacy and scalability in blockchain technology. Despite its exemplary scores in product utility, partnerships, and investor confidence, the project faces challenges in community engagement, tokenomics, and team expansion. Addressing these areas could significantly enhance its market position and investor appeal. Given its overall score of 7.73 out of 10, Manta Network-MANTA presents a compelling investment opportunity with manageable risks. The project’s ability to innovate and adapt will be crucial in navigating the dynamic crypto market and realizing its full potential. With strategic improvements, Manta Network could solidify its standing as a leading player in the blockchain privacy and scalability domain.

What is Manta Network-MANTA?

 

Exploring Manta Network

Manta Network merges cutting-edge tech with web3’s potential. It splits into two parts: Manta Pacific and Manta Atlantic. Manta Pacific, based on Ethereum, cuts costs and scales up for ZK apps. On the other hand, Manta Atlantic speeds through Polkadot. It brings new identity tech to web3.

Backing and Growth

Top minds from Harvard and MIT started Manta Network. It got backing from giants like Binance Labs. Also, it grew with help from top accelerators. This mix of support and brainpower makes it a key player in web3’s future.

Impact on Web3

The network’s dual approach makes deploying ZK apps easier. So, the fundamental analysis of the Manta Network-MANTA cryptocurrency shows big potential. It could lead web3 into a new phase, focusing on privacy and efficiency.

In short, Manta Network is pivotal for web3’s growth. Its simple yet powerful setup could shape the future of online privacy and blockchain tech.

Fundamental analysis of the Manta Network-MANTA cryptocurrency

Manta Network-MANTA performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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