ReadON & Manta Network: Boosting the Content Ecosystem with zkSBTs

We are thrilled to announce that ReadON has partnered with Manta Network to become a Social-Fi collaborator on their upcoming NFT Private Offering (NPO) platform. NPO uses zero-knowledge proof technology (zkSBT/zkNFT) to enable users to privately mint and verify NFTs on-chain, thereby ensuring the privacy of their encrypted assets. By integrating Manta Network’s zkAddress tool, users can mint NFT/SBT on their zkAddress and pay for the minting fees using tokens from a public address.

The collaboration between ReadON and Manta Network aims to enhance user security and trust while participating in on-chain activities, as well as attract more creators and curators to the Web3 world to build a vibrant ecosystem of on-chain content together. We believe that this partnership will create more opportunities and possibilities for the development of the Social-Fi field.

Web 3.0’s decentralized social media empowers users with ownership over their data, a significant shift from web 1.0’s passive acceptance and web 2.0’s monopolistic control. In this network, anonymity and privacy protection of personal data are crucial. ReadON, a decentralized content distribution platform with a unique incentive mechanism, enables each digital identity to assume different roles such as consumer, creator, and curator. As users assume different roles in diverse scenarios, their demands for data privacy vary.

🔸 Social Connections

Social relations are formed by who I follow, what topics I care about, what type of content I like, and more. The publicization of social relations makes users vulnerable to privacy breaches, which inhibits their social behavior and affects the functionality and interactivity of social networks. To avoid this, ReadON will utilize Manta’s zkSBTs to empower users to decide the level of information disclosure, giving users a stronger sense of trust.

🔸 Content Creation

As ReadON’s user base continues to grow, more people are concerned about their speech or creative content being seen. Anonymously publishing one’s thoughts and creative content is a necessary requirement. To address this, ReadON can seamlessly integrate the on-chain privacy experience provided by Manta Network, using privacy-protected methods to empower users to verify their published content and claim ownership of it.

🔸 Community Governance

Privacy protection is also an important issue in community governance. The immutable and public nature of blockchain data is inherently contradictory to privacy. For example, when voting on a social network, once a user’s wallet address is leaked, they face the risk of being exposed, which also affects the accuracy and fairness of the voting results. By utilizing the zkSBT/zkNFT functions provided by NPO, ReadON will unlock more possibilities for voting and governance, solving scenarios that require the transmission of privacy information. Users can evaluate curators by binding themes through the zkNFT mechanism, without worrying about the risk of exposure.

By collaborating with Manta Network, we will gradually refine the dimensions of user profiles, providing a more trusted, flexible, and privacy-focused social experience. This will attract more creators and curators to enter the Web3 world, stimulating high-quality content creation and enriching the on-chain content ecosystem.

About ReadON

ReadON is a decentralized content distribution platform that has created an incentive mechanism for consumers, curators, and creators, along with a unique Topic-bound NFT design. ReadON aims to onboard millions of users onto Web3, while helping them efficiently and freely access valuable content and break information silos. As user growth increases, we plan to gradually expand our focus to the creator ecosystem.

ReadON was the winner of the Solana Riptide Global Hackathon, Arweave Web3 Infra Hackathon and CyberConnect&BNBChain Web3 Social Hackathon. ReadON’S mobile application, ReadON DAO, is released already on both iOS and Android.

About Manta Network

Manta Network is the zero-knowledge layer 1 blockchain with the fastest prover speed and most decentralized trusted setup that brings programmable privacy to web3. Its suite of core products and technologies, including zkNFTs and MantaPay, offers user-friendly access to powerful ZK-enabled use cases. The project is created by a team of experienced founders from prestigious institutions, including Harvard, MIT, and Algorand. The team began its research on Zero Knowledge Proofs in 2019 during a cross-border payment research project under the MIT Digital Currency Initiative with the Monetary Authority of Singapore. Manta Network has received investments from many of the top web3 investment funds, including Binance Labs and Polychain Capital. It has grown through participation in the best web3 accelerators, including Alliance DAO and Berkeley Blockchain Xcelerator. Manta Network is poised to bring the next generation of web3 users and usher in a new chapter of privacy-focused web3 applications.

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