MNT Mantle

Mantle Network (MNT) is a layer-two chain on Ethereum which recently launched its mainnet alpha. It uses optimistic rollups to enable faster and cheaper transactions, meaning it bundles many transactions together and executes them off-chain, while still verifying them on-chain. This way, Mantle can process faster and cheaper transactions, while still being compatible with Ethereum.

BitDAO created the project Mantle. BitDAO debuted in June 2021 with a $230 million private sale sponsored by famous investors like Peter Thiel, Founders Fund, Pantera Capital, Dragonfly Capital, and others.

The founders of BitDAO are Ben Zhou and Daniel Yan, who are also the co-founders and executives of Bybit. Ben Zhou is a former forex trader and a serial entrepreneur in the crypto space. He has a BS in Computer Science from Fudan University. Daniel Yan is a former hedge fund manager and a co-founder of Tencent-backed fintech company Matrixport.