The announcement by Manta Network that Capx will shortly join the Manta Pacific ecosystem provides more information on the potential release of a prize pool for specific activities. This means that Manta Network will now support the internet’s incentive layer.
Because it can connect two distinct markets—crypto projects and community development—Capx is a great prospect for development. Since the announcement makes it clear that support is only available for nascent cryptocurrency projects, projects that appear on the list are probably in the early stages of development. Additionally, Capx’s ability to apply the IOU token paradigm supports all of this.
It is described as a zk Rollup that is based on Polygon CDK and uses Fully Homomorphic Encryption, or FHE, to protect sensitive user data. The mechanism that improves incentive and token distribution equity is the same one.
Members have been treated to another amazing offering at a time when the community is thrilled to see this revolution: a reward pool of 100,000 xCAPX tokens. At MantaFest, Manta Network will be the only entity facilitating the provision of DeFi and entertainment events.
Capx and Manta Network have partnered especially for Manta Fest. This will have a strong and linked stage that will undoubtedly benefit the community members and the Polygon CDK Ecosystem.
Wave 1 (DeFi & GameFi) participants will get tokens from the reward pool. The amount and value of their contributions will be used to calculate their actual pool share. More events with bigger prizes are planned in addition to the 100,000 xCAPX award pool during Manta Fest.
That being said, it’s crucial to remember that there is enough incentive money available to support a wider range of earning opportunities. This implies that future developments may exceed current projections and provide participants with greater rewards.
Quests listed on the official website can be completed to win a portion of the prize pool. The reward pool size varies depending on the quest. For example, the prize pool for Relative Onboarding Quest is 150k, whereas the reward pool for Create a Wager is 200k. By creating an account on Manta, users can track more quests.
DropX’s announcement that it is now a part of Manta Pacific before the present cooperation with the company. Through this integration, projects and people may now distribute tokens throughout the ecosystem more easily and affordably, enabling token redemption and connection. Additionally, Manta Pacific and OmniBTC have teamed up to execute a few promotions. Members of the Manta ecosystem feel more confident when they receive support from OmniBTC.