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Home ยป AMA: Seizing the Potential Participation Opportunities of Merlin, the Leader, Amidst the Onslaught of BTC Layer 2
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AMA: Seizing the Potential Participation Opportunities of Merlin, the Leader, Amidst the Onslaught of BTC Layer 2

Mar. 22, 20243 Mins Read
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AMA: Seizing the Potential Participation Opportunities of Merlin, the Leader, Amidst the Onslaught of BTC Layer 2
AMA: Seizing the Potential Participation Opportunities of Merlin, the Leader, Amidst the Onslaught of BTC Layer 2
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The Merlin Chain AMA, hosted by Dyson Zone, took place on Wednesday (20th) and invited various guests to share potential participation opportunities in the leading project Merlin.
(Previous Summary: BTC Stablecoin Protocol “bitSmiley” Collaborates with Bitcoin Layer2, Merlin Mainnet Adds bitDisc-Black NFT)
(Background Supplement: Merlin Ecological Leader Launchpad Platform “MerlinStarter” First IDO Project “MerlinSwap” Launches on 3/25)
Amidst the boom of Bitcoin Layer2, the Merlin Chain AMA, hosted by Dyson Zone, took place on Wednesday (20th) and invited guests including BitmapTech, a founder of Merlin Chain, crypto KOL 0xcryptowizard, Merlin Starter project team, Merlin Swap project team, and JZ invest to discuss how to seize the potential participation opportunities in the leading project Merlin.
Among them, the invited guests shared the uniqueness of BTC Layer2 construction and how they were inspired by the development of Ethereum Layer2. With the Bitcoin halving, they discussed the impact of Bitcoin as an underlying asset on the DeFi market.
The first Launchpad platform in the Merlin Chain ecosystem, “MerlinStarter,” shared how the platform achieves a win-win situation for projects and users and the key points in finding and evaluating new projects. Additionally, Merlin Swap, as the first project, shared in the AMA their expectations for support from the BTC incubator and how these expectations differ from past initial coin offering (IDO) platforms.
The first IDO project on the Merlin Chain
In this AMA, MerlinSwap also announced that they will distribute 1.26 billion governance tokens $MP for IDO (6% of the total supply) from 3/25 to 3/27. Unlike previous IDOs where participants could only use underlying assets or stablecoins, users can participate using $BTC, $M-BTC, $HUHU, and $VOYA, with $MP priced at $0.001.


MerlinSwap, the top-ranked Bitcoin DEX in terms of TVL, trading volume, and Daily Active Users (DAU)
How the IDO platform creates a “win-win” situation
At the end of the AMA, MerlinStarter stated that they are committed to creating a win-win situation for both project teams and users. To achieve this goal, MerlinStarter conducts in-depth research on projects, particularly in evaluating various aspects of the projects. They consider factors such as whether there is venture capital (VC) support, entry price, and technical capabilities.
However, MerlinStarter emphasizes that their most important goal is to protect the community fund while maintaining their role in ecosystem development.
Regarding future opportunities for Bitcoin, MerlinStarter pointed out that based on current trading volume and Total Value Locked (TVL), Bitcoin has tremendous demand. In the face of such a market environment, they state that they will not be a barrier for young teams to enter the Merlin ecosystem. In fact, MerlinStarter is willing to provide market marketing assistance to any interested and capable new teams to connect with potential investors.


Related Reports
Bitcoin Layer2 Surges Across the Board! STX Soars 27% in a Single Day, CKB Rises 300% in a Month
Will Bitcoin Layer2 Have a Major Breakthrough? In-depth Analysis of Ecological Development, On-chain Applications, and Scaling Solutions
Bitcoin Layer2 Ecosystem Inventory: What are the Important Projects of Stacks and Lightning Network

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