MerlinStarter activates not only the MerlinChain ecosystem, but also the entire Bitcoin ecosystem and its assets. With Bitcoin entering a period of rapid growth, the Layer 2 ecosystems of Merlin Chain and Rune have each experienced explosive growth. Taking advantage of this momentum, Merlin Chain’s Total Value Locked (TVL) has successfully exceeded 3 billion USD, making Bitcoin the first asset launch platform.
Merlin Chain is a ZKRollup Bitcoin Layer 2 network that supports native Bitcoin assets. In Merlin Chain, Bitcoin occupies more than 50% of the TVL and inherits the security of Bitcoin by using the Polygon CDK framework for development. The success of Merlin Chain can be attributed to its value inheritance from Bitcoin. In the competitive and crowded BTC L2 era, how to solidify Merlin Chain’s leading advantage becomes the starting point for MerlinStarter.
Currently, the MerlinStarter launch platform has over 1 million interactions from Merlin Chain addresses. As the name suggests, MerlinStarter aims to become the best launchpad for Merlin Chain and even the entire Bitcoin ecosystem. By following the principles of Fair Launch and Community First, MerlinStarter aims to grow and strengthen the Bitcoin and Merlin ecosystems.
MerlinStarter’s goal is to establish Merlin Chain’s ecosystem advantage and make it the top ecosystem for BTC. As the native launch platform and BTC L2 accelerator on Merlin Chain, MerlinStarter is responsible for the development of the ecosystem’s first batch of projects.
Following Merlin Chain’s principle of transparency, MerlinStarter has already announced that it will conduct an airdrop. Star Points will serve as the airdrop certificate for future MerlinStarter tokens. During the token issuance process, users can exchange Star Points for tokens based on the number of points they hold. Star Points can also be used to gain early access to the airdrop whitelist of launchpad projects and to acquire project tokens.
This efficient approach, similar to ZKFair, provides a quick and effective way to attract customers within a limited time frame. It also helps to understand MerlinStarter’s position in Merlin Chain. MerlinStarter acts as the native ecosystem accelerator for Merlin Chain and directly connects projects with Merlin Chain and Bitcoin.
Due to Bitcoin’s unique UTXO mechanism, its ecosystem cannot directly utilize Bitcoin as a platform for complex interactions. Therefore, Merlin Chain acts as an intermediary to bridge the gap between developers and Bitcoin. MerlinStarter, as an IDO launchpad and BTC L2 accelerator, further enhances this role.
The IDO Launchpad focuses on promoting innovation within the Merlin Chain ecosystem by precisely targeting traffic sources, including mainstream Bitcoin asset types such as BRC-20, BRC-420, ERC-20, ERC-404, Bitmap, and Atomicals.
The BTC L2 Accelerator is Merlin Chain’s flagship program. Selected projects not only receive financial support but also benefit from technical assistance, traffic generation strategies, marketing expertise, human resources support, and tokenomics design.
Under these influences, MerlinStarter has built a large collaborative network, including BTC ecosystem DeFi protocols like Mineral and the token launch of DEX protocol MerlinSwap on Merlin Chain.
MerlinStarter not only provides project launch services but also aims to connect assets on Merlin Chain, accelerate their circulation efficiency using standardized formats, and even integrate the entire Bitcoin ecosystem into Merlin Chain, allowing billions of people worldwide to enjoy the financial freedom and revolution brought by Bitcoin.
Specifically, MerlinStarter’s Launchpad can be divided into public and private launchers, and projects can choose from various modules such as oversubscription, weighted distribution, first-come-first-served, and airdrops for configuration.
The Public Launchpad mainly adopts the oversubscription method, allocating funds based on the user’s fundraising ratio through weighted distribution or random lottery. Excess funds will be refunded, and both fundraising and refunds will be carried out through smart contracts.
The Private Launchpad is primarily implemented through a whitelist mechanism. MerlinStarter divides the whitelist into Alpha and Beta categories. The Alpha whitelist ensures exclusivity, allowing users with Alpha whitelist status to subscribe to project tokens within a specified time range, with a fixed limit. The Beta whitelist operates on a first-come, first-served basis. If the number of allocations from the Beta whitelist exceeds the available token purchase quota, the users who confirm the transaction on the chain first will complete the token purchase.
It can be seen that MerlinStarter’s mechanism design revolves around accelerating project development in the Bitcoin ecosystem, which is in its exploratory phase. Before MerlinStarter, the BTC ecosystem was in a chaotic and disorganized growth stage. Now, MerlinStarter aims to introduce the commonly used launchpad model into this period, leveraging the dynamic and potential-rich Merlin Chain to truly promote the growth and prosperity of various Bitcoin asset protocols, continuing into the next bull market.
After introducing the basics of MerlinStarter, it is necessary to discuss the various components that play a role in MerlinStarter. Strictly speaking, in addition to the positioning of the IDO platform and accelerator, MerlinStarter has three main functions:
Star Launchpad: It serves as the function of the IDO accelerator and aims to become the primary asset launcher on Merlin Chain.
StarDrop: It is a native market solution customized for Merlin Chain, providing a comprehensive one-stop market solution for early-stage projects and pushing them into the hands of over 100,000 real users.
Star Accelerator: It serves as the function of the BTC L2 accelerator and provides the most mature incubation services in the industry for selected projects.
MerlinStarter not only aims to provide initial funding for cryptocurrency projects but also strives to provide multidimensional value to its users and participants.
Star Launchpad: The asset launch platform for project assets
Star Launchpad is an important member of the MerlinStarter ecosystem. As an IDO platform, its core function is to help emerging projects successfully launch on Merlin Chain. It not only provides funding for projects but also offers them a platform to gain sufficient exposure and attention in the early stages, attracting early investors and community interest.
As the main asset launch platform on Merlin Chain, Star Launchpad introduces new projects to investors through a carefully planned channel, helping these projects achieve their first public fundraising in the market.
StarDrop: A complete one-stop market solution
Working in conjunction with Star Launchpad is StarDrop, a market solution tailored for Merlin Chain. The main task of StarDrop is to ensure that projects receive full support in terms of market positioning and market entry. By pushing new projects to over 100,000 real users, StarDrop helps these projects establish early reputations to overcome the early market adoption stage.
StarDrop aims to shorten the time it takes for projects to go from concept to realization, from development to success, by providing support in marketing, social media strategies, and user engagement.
Star Accelerator: Providing the most mature incubation services for projects
In addition to providing initial funding and market solutions for projects, another key component of MerlinStarter is Star Accelerator. This component serves as the function of the BTC L2 accelerator and focuses on providing comprehensive incubation for selected projects.
From technical consultation, business model establishment, compliance guidance, to network expansion packages and establishing partnerships, Star Accelerator not only provides the necessary funding and resources for projects but also offers industry contacts and opportunities for selected projects to help them make breakthroughs in the Bitcoin ecosystem and stand out in the competitive market.
In this way, MerlinStarter’s three components work together to support the successful launch and development of projects. For retail participants, this is not just a plan to participate in early-stage projects but also an opportunity to deeply engage in the transformation and growth of the Bitcoin ecosystem.
MerlinStarter helps Merlin Chain gain an advantage in the BTC L2 competition. Merlin Chain empowers projects launched on MerlinStarter, enabling effective interaction between the two and promoting the prosperity of the broader Bitcoin ecosystem.
Within the Merlin Chain ecosystem, projects are numerous but in a scattered state. MerlinStarter organizes and regulates them, forming an effective behavioral body. MerlinStarter selectively brings projects online on Merlin Chain, providing guidance and follow-up services.
In its development, MerlinStarter has already established partnerships with 100+ Bitcoin projects, 300+ KOLs, and numerous media outlets and communities. Its Twitter account already has over 100,000 followers, and a single tweet can reach over a million impressions.
With RWA in full swing, Ondo leading the way, and MakerDAO steadily progressing towards its EndGame roadmap, the Bitcoin ecosystem has now introduced Minera, the first native BTC DeFi project based on BRC-420 that issues RWA tokens. It introduces the positive externality of Bitcoin mining and establishes a sustainable income-generating DeFi model.
Specifically, $MNER is a Layer 2 treasury token based on Mineral and the BRC-20 standard. It is supported by real-world assets (RWA), primarily in the form of Bitcoin hash rate.
Over time, the Minera treasury will benefit from stable net income generated by Bitcoin mining and other RWA, income from cross-project collaborations, and higher net income from newly acquired RWA. MerlinStarter will collaborate with Mineral to launch an airdrop campaign, distributing 40,000 $MNER tokens, with the project covering all gas fees, consistent with Merlin Chain’s style.
In addition, the exploration of on-chain DEX trading continues. MerlinSwap is now officially collaborating with MerlinStarter to conduct a large-scale airdrop. MerlinSwap is a disruptive DEX platform and ranks first in TVL, trading volume, and DAU among BTC DEX platforms.
MerlinSwap, built on the powerful Merlin Chain and using the DL-AMM liquidity algorithm, enables quick and efficient asset swaps to maximize capital efficiency and optimize returns. MerlinSwap also provides a user interface similar to centralized exchanges, greatly improving the usability of on-chain products and accelerating the transition and migration of users to BTC DeFi.
Furthermore, MerlinSwap introduces breakthrough technologies such as limit orders and stronger gas fee efficiency, giving users more control and benefits during the trading process. MerlinSwap will issue $MP tokens as its governance token. To accelerate the adoption of MerlinSwap, MerlinStarter will allocate 0.2% of its token supply, totaling 42 million $MP tokens, for an exclusive airdrop campaign, selecting a total of 5,000 winners.
Importantly, MerlinSwap will also be the first IDO project on MerlinStarter, validating MerlinStarter’s appeal within the Merlin community.
There are also hidden benefits waiting to be claimed. The Magic Book event is still ongoing, allowing users to receive token airdrops and whitelist access for upcoming IDO projects. Users can participate in whitelist activities released on Twitter and engage in the #MerlinSpellBook topic in the Telegram community. Starting at 9 PM every night, two questions will be asked, and the first five users to answer correctly will receive whitelist access. A total of 10 whitelist spots will be granted each night.
Overall, MerlinStarter aims to promote the growth of Merlin Chain and the entire Bitcoin ecosystem. It is designed as a launch platform and accelerator dedicated to innovating project launches and development.
With the achievement of reaching the fundraising target within a minute during the first IDO program, surpassing a total amount of 230 million USD with participation from over 20,000 addresses, and an oversubscription rate of 185 times, MerlinStarter’s appeal has been fully demonstrated.
As BTC L2 ignites a frenzy in the BTC ecosystem, development has become disorderly. To further attract funds and developers, someone needs to step forward and guide the market’s development, which is where the launchpad comes in.
With the principle of airdrops and community-first, MerlinStarter closely collaborates with Bitcoin Layer 2 solutions, aiming to optimize asset circulation and strengthen Merlin Chain’s position as the leading ecosystem in BTC.
After a rapid surge, MerlinStarter has established a vast partnership network, providing market solutions, technical support, and funding for its launched projects. By connecting the BTC ecosystem <> MerlinChain ecosystem <> MerlinStarter ecosystem, MerlinStarter relies on Merlin Chain’s development, serving as a bridge for the entire BTC ecosystem’s growth. MerlinStarter activates not only the MerlinChain ecosystem but also the entire Bitcoin ecosystem and its assets.
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