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Through this strategic partnership, the KALP Decentra Foundation and MantaNetwork intend to transform the implementation of RWA-based smart contracts and asset-backed tokens. This integration will enhance the liquidity, security, and efficiency of digital transactions and facilitate innovation in blockchain technology.
🌊 We're thrilled to welcome @Kalp_Official to the #MantaNetwork ecosystem!
— Manta Network (🔱,🔱) Meme-ta Szn (@MantaNetwork) September 6, 2024
This integration strengthens RWAs on #MantaPacific, offering our community enhanced access to asset-backed tokens. https://t.co/ALKiskC0YS
The Kalp Decentra Foundation is a non-profit organization that is working toward the objective of creating an inclusive ecosystem called Kalp. This ecosystem will enable global inclusion and the democratization of modern technologies. Specifically developed for the regulated tokenization and subsequent liquidity of RWAs and real-world use cases, the Kalp ecosystem is a new method that provides a decentralized, comprehensive digital public infrastructure that complies with regulatory requirements.
More About this Strategic Partnership Between Manta & Kalp
Manta Network is the multi-modular ecosystem for zero-knowledge (ZK) applications. Manta Pacific is the unique L2 ecosystem on Ethereum for EVM-native ZK applications. It offers ZK applications deploying solidity in a scalable and cheap gas-fee environment. It was designed to provide an unparalleled experience for the next generation of Web3 application creation and adoption using zero-knowledge cryptography.
It can support more than 200 active apps on the network and has unmatched stability. Manta Network provides the best-in-class environment for decentralized apps focused on scaling to a worldwide user base, together with a suite of tools to design and deploy applications swiftly.
Using the Manta Network’s blockchain, the Kalp Decentra Foundation will lead the deployment of smart contracts associated with RWA. Kalp will also play a vital role in a first for the blockchain industry by easing the migration of asset-backed tokens to the Manta network. As a result of the partnership, Kalp’s RWA users will have access to liquidity via Manta’s network. Simultaneously, it will strengthen the value proposition, enhance the user experience, and make the process easier for clients dealing with physical assets.
The strategic partnership allows a post-deployment Ask Me Anything (AMA) session to involve the community with considerable technical support from Manta Network. With these collaborations, the companies aim to raise smart contracts’ applications and highlight their use cases in the Manta ecosystem.