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Merlin Chain, the main Bitcoin Layer-2 (BTC L2) ecosystem, is proud to announce the launch of Merlin’s Journey, an ecosystem grant program designed to assist and empower builders who contribute to the adoption and development of Merlin Chain. With a complete of 210 million $MERL tokens allotted for this system, Merlin Chain goals to domesticate user-centric, modern, and Bitcoin native functions, thereby accelerating the expansion of the BTC L2 ecosystem.
Merlin Chain has achieved vital milestones over the previous 12 months, boasting the most important Complete Worth Locked (TVL), essentially the most builders, and essentially the most strong neighborhood amongst BTC L2 tasks. To additional invigorate the ecosystem, Merlin’s Journey welcomes modern and devoted builders from across the globe to use for grants in 5 key classes: Consumer Expertise Pioneer, BTC Native Property Innovator, Merlin Visibility Trailblazer, Ecosystem Engagement Chief, and Bitcoin Innovation Pathfinder.
Merlin’s Journey gives a complete assist bundle for chosen tasks, together with:
- Funding: Every venture might be rewarded as much as 1,000,000 $MERL for every milestone achieved, with a complete of 210,000,000 $MERL allotted for this system.
- Networking: Entry to investor relations, ecosystem partnerships, developer networks, media sources, influencers, and native communities.
- Technical Help: 24/7 technical help, infrastructures & instruments, safety audits, and workshops.
- Advertising Help: AMAs, on-line & offline occasions, and ecosystem campaigns.
- Technique & Product Recommendation: Common opinions on product milestones, development methods, enterprise mentoring, and market insights.
The applying course of for Merlin’s Journey is now open and can proceed on a rolling foundation. tasks ought to submit a pitch deck that features their proposal, product progress & roadmap, staff background, and different important particulars. The Merlin Chain Ecosystem Group will evaluate functions and choose tasks for interviews, which is able to embrace a 30-minute on-line pitch & product demo, adopted by a Q&A session.
Along with the Merlin Chain Ecosystem Group’s evaluation, the Merlin Group will play a pivotal position within the decision-making course of. All grant functions might be shared on a public platform, inviting constructive suggestions from different tasks and companions. A voting mechanism can even be launched sooner or later, permitting the neighborhood to vote for his or her favourite tasks utilizing $MERL tokens.
Chosen tasks might be introduced on a rolling foundation, adopted by a PR schedule that features social media promotion, highlight articles, and AMAs. The Merlin Group will distribute the $MERL grants in phases based mostly on achieved milestones whereas offering steady assist for the event and development of the ecosystem tasks.
Talking on the event, a consultant of Merlin Chain famous “We imagine that the Bitcoin ecosystem has immense potential to foster boundless modern functions for BTC Hodlers,” “By launching Merlin’s Journey, we intention to assist and collaborate with passionate builders and enthusiastic people who share our imaginative and prescient of constructing Bitcoin enjoyable once more.”
For extra details about Merlin’s Journey and to use for the grant program, please go to the Merlin’s notion web page.
About Merlin Chain
Merlin Chain is a local Bitcoin Layer2 dedicated to empowering Bitcoin’s native belongings, protocols, and merchandise on Layer1 by way of its Layer2 community. Merlin Chain integrates a ZK-Rollup community, decentralized oracle community, and on-chain BTC fraud proof modules. With over 3.5 billion TVL locked inside 30 days of its mainnet launch, Merlin Chain is backed by Bitmap Tech, a premier OG staff with an total market cap exceeding $500 million.
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