[PRESS RELEASE – New York, United States, February 5th, 2024]
Merlin Chain, the local Bitcoin Layer2, introduced a spherical of investment from 24 traders together with OKX Ventures, ABCDE, Foresight Ventures and Arkstream Capital.
Merlin Chain trade in a local scaling resolution that integrates ZK-Rollup community, decentralized oracle community, and on-chain BTC fraud-proof modules. It’s dedicated to empowering Bitcoin’s local property, protocols, and merchandise on Layer1, to Produce Bitcoin Amusing Once more.
Merlin Chain is constructed by way of Bitmap Tech, a premier OG crew boasting an general marketplace cap exceeding $500 million. The BRC-420 “Blue Box” assortment underneath Bitmap Tech has turn into certainly one of the most up to date Ordinals property, going from an inscription price of $0.15 to an ATH flooring value of $34,000, achieving the third greatest marketplace cap following BAYC and CryptoPunks.
As a powerful believer in Bitcoin for a few years, Bitmap Tech, the crew in the back of Merlin Chain, is terribly dedicated to the improvement of the Bitcoin ecosystem, and seeks to deliver extra customers and property to Bitcoin thru their paintings, instead than serving alternative ecosystems within the title of Bitcoin.
This lift allows the crew to proceed enriching the ecosystem, and boosting the whole liquidity. Thus far, Merlin Chain has constructed an impressive DApp ecosystem, and is making plans for additional enlargement.
Merlin Chain is ready to founding its mainnet this era. Following the founding, Merlin Chain plans to host a number of staking occasions and distribute its governance token thru a “fair launch”, aiming to praise actual customers and developers.
About Merlin Chain
Merlin Chain is a Bitcoin Layer2 that integrates ZK-Rollup community, decentralized oracle community, and on-chain BTC fraud evidence modules. Merlin Chain is dedicated to empowering Bitcoin’s local property, protocols, and merchandise on Layer1 thru its Layer2 community, to Produce Bitcoin Amusing Once more. Merlin Chainis is a subsidiary product form of Bitmap Tech, a premier OG crew boasting an general marketplace cap exceeding $500 million. The BRC-420 “Blue Box” assortment underneath Bitmap Tech has turn into certainly one of the most up to date property on Ordinals.
Customers can get started following Merlin Chain’s Twitter for extra updates.
Touch
Jeff
Merlin Chain
bitmap@bitmap.tech
Binance Isolated $100 (Unique): Usefulness this hyperlink to check in and obtain $100 independent and 10% off charges on Binance Futures first past (phrases).
