Manta Foundation, the team behind Manta Network (MANTA), has launched a multi-million dollar ecosystem fund.
According to the information provided by BWEnews, Manta Foundation, $50 million launched an ecosystem fund. It was noted that the fund will be spent on applications, developments and innovations specific to Manta Network.
Many before altocin project had initiated similar funds to encourage production on the ecosystem. Manta, recently Manta CeDeFi He managed to attract the attention of whales by launching a product called.
Manta CeDeFi, Ceffu MirrorX corporate using technology central finance (CeFi) income and funding rate generate arbitrage income.
The price could not rise
The negative course of the cryptocurrency market prevented this positive news from being reflected in the MANTA price.
According to CoinGecko data, in the last 24 hours 7% MANTA, which has lost value, at the time of writing from $1.40 is being traded.