2023 Recap
Nata Network launched its private zero-knowledge rollup to mainnet and has since processed over 34,200 private transactions for 11,600 unique addresses, totaling over $3M in volume. This was accomplished without VC funding, allowing the team to focus solely on creating the ultimate crypto privacy network for a multichain future.
In order to reach more users on other chains, Nata Router was launched as a mobile friendly app. Rather than isolating users to a specific chain’s privacy set, Nata Router combines all users, across all chains, into one massive global privacy set. This was made possible by leveraging LayerZero’s cross-chain communication protocol and Aztec’s privacy technology. Nata Router provides an experience familiar to DeFi users as it functions similar to a cross-chain bridge with the added benefit of privacy.
2024 and Beyond
Once the major routes for private cross-chain bridging of DAI, USDT, and ETH are supported, a native token for Nata Network called NATA will be added. The NATA token will follow the xERC20 token standard, allowing the token to be easily minted and burned across chains. Users will be able to deposit and withdrawal NATA privately using the Nata Network, paying zero network fees.
The formation of the Nata DAO, governed by the NATA token, is required to decentralize smart contract ownership and upgrade capability. The DAO will be responsible for passing proposals to incorporate the latest technology to stay competitive in the market and to use the DAO’s treasury to maximize protocol growth.
The Nata Network earns revenue by transaction fees and interest earned from supplying a portion of deposits on Aave. After each rollup block, interest and fees will be collected and used to buy NATA on the open market, then distributed back to DAO members who have chosen to lock their tokens. This lock mechanism will allow members to collect a portion of the protocol’s revenue in exchange for their governing efforts.
Smart Contract Audits
To ensure the safety of the funds on Nata Network’s smart contract’s before releasing control to the Nata DAO, the team is raising funds to cover multiple independent audits through the NATA token private sale. High quality audits are expensive, seeing as the founder of Gearbox Protocol spent $600,000 USD. Any remaining private sale funds will be used to seed the initial NATA liquidity pool at token launch.
Why it Matters
Privacy is a human right, and in its current state the majority of chains are fully public. As this new wave of crypto users come on-chain and current users become more aware and require privacy, the value of privacy apps will quickly grow.
Coingecko ranks the crypto privacy sector 30th by market cap, which is incredibly undervalued for how important on-chain privacy is. Nata Network is poised to capture this growing demand for private transactions.
Join the Private Sale
-
Follow this guide to create a Nata Network account at NataRouter.com or NataNetwork.io.
-
Get zkETH or zkDAI on the Nata Network account.
-
Join the private sale.
All U.S. persons are restricted from the Private Sale. If you need help or have questions, join the Discord.
Disclaimer
ALL THE MATERIALS AND INFORMATION ABOVE ARE NOT PROVIDED TO PERSONS WHO ARE CURRENTLY OR ORDINARILY LOCATED OR RESIDENT IN THE UNITED STATES OR ITS TERRITORIES, REGARDLESS OF THE USER’S IP ADDRESS. NONE OF TOKENS HAVE BEEN OR WILL BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED, OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OR OTHER JURISDICTION OF THE U.S. TOKENS MAY NOT BE OFFERED, SOLD, OR DELIVERED WITHIN THE U.S. TO, OR FOR THE ACCOUNT OR BENEFIT OF, RESTRICTED PERSONS AS DEFINED BELOW. NO OFFERS, SALES, RESALES, OR DELIVERIES OF ANY OF OUR TOKEN PRODUCTS MAY BE MADE IN OR FROM ANY JURISDICTION (INCLUDING THE U.S.), EXCEPT IN CIRCUMSTANCES THAT WILL RESULT IN COMPLIANCE WITH ANY APPLICABLE LAWS AND REGULATIONS. THE TERM “RESTRICTED PERSON” INCLUDES, BUT IS NOT LIMITED TO, ANY NATURAL PERSON RESIDING IN, OR ANY FIRM, COMPANY, PARTNERSHIP, TRUST, CORPORATION, ENTITY, GOVERNMENT, STATE OR AGENCY OF A STATE, OR ANY OTHER INCORPORATED OR UNINCORPORATED BODY OR ASSOCIATION, ASSOCIATION OR PARTNERSHIP (WHETHER OR NOT HAVING SEPARATE LEGAL PERSONALITY) THAT IS ESTABLISHED AND/OR LAWFULLY EXISTING UNDER THE LAWS OF, A JURISDICTION IN WHICH SUCH OFFER, SALE, AND/OR PURCHASE OF ANY OF OUR TOKEN PRODUCTS IS UNLAWFUL, PROHIBITED, OR UNAUTHORIZED).