Manta Founder Kenny Attends Davos: How Privacy L2 Projects Can Make Their Voice on the Global Stage

Kenny, the founder of Manta Network, delivered a speech at the Davos Forum in Switzerland, discussing the future development direction of Web3 alongside industry leaders such as Blockchain Founders Fund and Animoca Brands. This forum participation marks a strategic showcase of Manta Network on a global scale and also reflects the increasing attention to privacy-focused L2 projects in the current market.

Manta on the Davos Stage

The strategic significance of participating in the forum

Choosing to speak at Davos, a top global forum, indicates the project’s international strategic layout. The Davos Forum gathers global political, business, and technological leaders. For crypto projects, participating in such forums means striving for mainstream recognition and international attention. Kenny represented the project in the Web3 session, speaking alongside other industry leaders, demonstrating Manta’s position within the ecosystem.

What is Manta Network

Manta Network is a modular blockchain ecosystem with a core focus on privacy protection. The project uses zero-knowledge proof (ZKP) technology to enable privacy features. Originally launched as a privacy layer on Polkadot (Manta Atlantic), it later evolved into an independent L2 solution. According to the latest information, the project combines ZK L2, Celestia DA, Polygon zkEVM, and other technology stacks, positioning itself to provide privacy and modular blockchain infrastructure.

Market Response and Ecosystem Progress

Price Performance

According to recent news, MANTA experienced a significant surge on January 21. On the Bybit exchange, it increased by 21.21% in the past hour, with reports indicating a 12-15% rise over 24 hours, jumping from around 0.07 to approximately 0.086, with trading volume surpassing $30-40 million. This rally is related to Kenny’s participation in the Davos Forum, ecosystem updates, and other factors.

Recent Project Developments

In addition to attending Davos, Manta Network has made several recent progress:

  • Completed the 9th round of Manta CeDeFi user snapshot, with rewards available for claiming since January 21
  • Organized an AMA session with the Indonesian community to discuss the project roadmap and future outlook
  • Developing the SUPERFORTUNE feature upgrade, with more details to be announced later

These updates demonstrate the project’s active ecosystem building and community engagement.

Summary

Kenny’s participation in the Davos Forum highlights an important step in the project’s internationalization strategy. Coupled with recent price increases, ecosystem updates, and community activities, it reflects growing market interest in this privacy + modular L2 project. However, from a market perspective, the long-term performance of such projects still depends on real-world application deployment and ecosystem development. Future focus should be on the project’s specific business progress following its international forum participation and the actual effects of technical upgrades.

MANTA-4,17%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)