Mantle logo
WebsiteBybit Launchpad

Mantle (MNT)

IDO

Mantle is the first modular layer-2 blockchain, combining hyperscale performance with security from Ethereum. Mantle powers whatever builders can dream.

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Overview

Project industryBlockchain Infrastructure / Layer-2 / Web 3.0
Product typeTechnology
WhitepaperMantle White Paper Open

What is Mantle

Mantle is a Layer 2 (L2) blockchain that’s built on top of Ethereum. It is a scaling solution for Ethereum that is being incubated and developed by the BitDAO community. There were various different proposals and questions about potentially creating a BitDAO chain earlier in the year.

To understand this in context, BitDAO is a decentralized autonomous organization (DAO) that has a multi-billion dollar treasury — it is the largest treasury in the world when measured by hard assets, and the second largest when measured by all assets. This DAO is creating a number of different initiatives and it has been funding a number of different projects to accelerate web3 and the Ethereum ecosystem. And through that time, there’s been a lot of demand and questions for how we can create a strategic thread to bring these different projects together — to create cross-pollination between communities and projects that have been building in the BitDAO ecosystem and to truly continue to innovate.

Mantle is an L2 network. It uses $BIT as both its governance token and gas token, where $BIT is swapped for ETH for settlement back to Ethereum. So it derives security from Ethereum. It has a number of innovations that surpass the current L2 landscape and allows us to achieve lower gas fees, faster transaction times, and to create a common thread for the data ecosystem and better incentives. We’re accelerating the development of L2s.

Details

IDO (Bybit Launchpad): Jul 06, 2023 - Jul 11, 2023
Total tokens for sale: 5,000,000 MNT

Legal

Blockchain Platform: Ethereum
Registration year: 2022
Office address: United States, mainland China, Singapore, Quebec (Canada), Ontario (Canada), North Korea, Cuba, Iran, Uzbekistan, Russian-controlled regions of Ukraine (currently including the Crimea, Donetsk, and Luhansk regions), Syria, or any other jurisdictions in which we may determine from time to time to terminate the services at our sole discretion (the “Excluded Jurisdictions”).

Token info

Ticker: MNT
Token standard: ERC-20

Mantle Roadmap

1
June 2022

Original proposal for a BitDAO chain

2
August 2022

Proposal to create a BitDAO chain as a modular L2

3
November 2022

The unveiling of Mantle

4
Q1 2023

Mantle Testnet launch

5
Coming Soon

Mantle Mainnet launch

Network upgrades (EIP-3074) & ecosystem building

Project team

Arjun Krishan Kalsy
Arjun Krishan Kalsy
Head of Ecosystem
Arjun Krishan Kalsy linkedin
Shubham Bhandari
Shubham Bhandari
Growth (Gaming Lead)
Shubham Bhandari linkedin
Igneus Terrenus
Igneus Terrenus
Communications & Business Development
Igneus Terrenus linkedin
Francesca Tay
Francesca Tay
Head of Marketing
Francesca Tay linkedin

Social media

Mantle web-siteMantle RedditMantle MediumMantleYouTubeMantle TelegramMantle LinkedInMantle TwitterMantle DiscordMantle Github

MVP

MVP URL

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