Through this strategic partnership, KALP Decentra Foundation and MantaNetwork aim to transform the implementation of RWA-based smart contracts and asset-backed tokens. This integration will improve the liquidity, security and efficiency of digital transactions and facilitate innovation in blockchain technology.
🌊 We are happy to welcome @Kalp_Official to the #MantaNetwork ecosystem!
This integration strengthens the RWAs on #MantaPacific and provides our community with improved access to asset-backed tokens. https://t.co/ALKiskC0YS
— Manta Network (🔱,🔱) Meme-ta Szn (@MantaNetwork) September 6, 2024
The Kalp Decentra Foundation is a non-profit organization working towards the goal of creating an inclusive ecosystem called Kalp. This ecosystem will enable global inclusion and the democratization of modern technologies. The Kalp ecosystem was developed specifically for the regulated tokenization and subsequent liquidity of RWAs and real-world use cases. It is a new method that provides a decentralized, comprehensive digital public infrastructure that meets legal requirements.
More about this strategic partnership between Manta and 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 provides ZK applications that deploy robustness in a scalable and low-cost environment with gas costs. It is designed to provide an unparalleled experience for the next generation of Web3 application creation and adoption using zero-knowledge cryptography.
It supports more than 200 active apps on the network and has unparalleled stability. Manta Network provides a best-in-class environment for decentralized apps aimed at scaling to a global user base, along with a suite of tools to quickly design and deploy applications.
Using the Manta Network blockchain, the Kalp Decentra Foundation will lead the implementation of smart contracts related to RWA. Kalp will also play a crucial role in a first for the blockchain industry by facilitating the migration of asset-backed tokens to the Manta Network. As a result of the collaboration, Kalp’s RWA users will have access to liquidity through the Manta network. At the same time, it will strengthen the value proposition, improve the user experience and make the process easier for customers dealing with physical assets.
The strategic partnership will enable a post-implementation Ask Me Anything (AMA) session, engaging the community with significant technical support from Manta Network. With these collaborations, the companies aim to expand the applications of smart contracts and showcase their use cases in the Manta ecosystem.