Merlin Chain Unveils Merlin’s Adventure Grant Program to Boost Bitcoin Layer-2 Innovations

• Merlin Chain is set to revolutionize the Bitcoin Layer-2 ecosystem with its newly launched grant program, Merlin’s Adventure.
• Over 210 million $MERL tokens have been earmarked to incentivize builders and innovative developers within the BTC Layer-2 space.
• “We aim to support and collaborate with passionate builders and enthusiastic individuals who share our vision of making Bitcoin fun again,” said a Merlin Chain representative.

Unlock the Potential of Bitcoin Layer-2 with Merlin’s Adventure: Apply Now for Ecosystem Grants Worth 210 Million $MERL Tokens

Merlin’s Adventure: Pioneering Growth in the BTC L2 Ecosystem

Singapore, June 20, 2024 – In a significant move to advance the Bitcoin Layer-2 (BTC L2) ecosystem, Merlin Chain has unveiled Merlin’s Adventure—an ecosystem grant program aimed at encouraging the development of user-centric and innovative Bitcoin-native applications. With 210 million $MERL tokens allocated, this initiative seeks to accelerate the growth and adoption of the BTC L2 ecosystem.

Milestones and Community Engagement

Over the past year, Merlin Chain has secured its position as a leading BTC L2 project, with the largest Total Value Locked (TVL), a substantial developer base, and a robust community. Merlin’s Adventure is a continuation of this growth, offering grants in five key categories: User Experience Pioneer, BTC Native Assets Innovator, Merlin Visibility Trailblazer, Ecosystem Engagement Leader, and Bitcoin Innovation Pathfinder.

Each selected project will receive up to 1,000,000 $MERL per milestone achieved. Beyond funding, projects will benefit from comprehensive networking, technical support, marketing initiatives, and strategic advice from the Merlin Chain Ecosystem Team.

Comprehensive Support for Builders

Merlin’s Adventure isn’t just about financial aid; it provides a full spectrum of support to ensure projects can thrive. This includes:

1. Funding: Up to 1,000,000 $MERL tokens per milestone, totalling 210,000,000 $MERL for the program.
2. Networking: Connections with investors, ecosystem partnerships, and media resources.
3. Technical Support: Around-the-clock technical assistance, infrastructure tools, security audits, and dedicated workshops.
4. Marketing Support: AMAs, online and offline events, and ecosystem-wide campaigns.
5. Strategy & Product Advice: Regular milestone reviews, growth strategies, business mentoring, and market insights.

Application and Selection Process

The application process for Merlin’s Adventure is now open, and submissions are reviewed on a rolling basis. Prospective projects should provide a detailed pitch deck outlining their proposal, product progress, roadmap, and team background. The Merlin Chain Ecosystem Team will assess applications and conduct interviews, including a 30-minute online pitch and product demo, followed by a Q&A session.

The Merlin Community will play a critical role in the selection process. All applications will be published on a public platform for community feedback. A voting system will soon be introduced, allowing the community to vote using $MERL tokens.

Continuous Development and Community Involvement

Successful applicants will be announced on a rolling basis. They will receive PR support, including social media promotions, spotlight articles, and AMAs. The $MERL grants will be distributed in stages contingent on milestone achievements, with ongoing support from the Merlin Team to ensure sustained project growth.

Conclusion

Merlin’s Adventure represents an ambitious initiative to innovate and expand the Bitcoin Layer-2 ecosystem. By offering substantial financial support and comprehensive resources, Merlin Chain is committed to fostering a dynamic environment for builders and developers. Interested parties are encouraged to visit the Merlin notion page for more information and to apply for the grant program.