New York, United States, February fifth, 2024, Chainwire
Merlin Chain, the native Bitcoin Layer2, introduced a spherical of funding from 24 traders together with OKX Ventures, ABCDE, Foresight Ventures and Arkstream Capital.
Merlin Chain presents 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 native belongings, protocols, and merchandise on Layer1, to Make Bitcoin Enjoyable Once more.
Merlin Chain is constructed by Bitmap Tech, a premier OG group boasting an total market cap exceeding $500 million. The BRC-420 “Blue Field” assortment underneath Bitmap Tech has turn into one of many hottest Ordinals belongings, going from an inscription value of $0.15 to an ATH flooring worth of $34,000, reaching the third largest market cap following BAYC and CryptoPunks.
As a powerful believer in Bitcoin for a few years, Bitmap Tech, the group behind Merlin Chain, is extraordinarily dedicated to the event of the Bitcoin ecosystem, and seeks to deliver extra customers and belongings to Bitcoin via their work, fairly than serving different ecosystems within the identify of Bitcoin.
This increase allows the group to proceed enriching the ecosystem, and boosting the general liquidity. Thus far, Merlin Chain has constructed a strong DApp ecosystem, and is planning for additional growth.
Merlin Chain is about to launch its mainnet this week. Following the launch, Merlin Chain plans to host a bunch of staking occasions and distribute its governance token via a “truthful launch”, aiming to reward actual customers and builders.
About Merlin Chain
Merlin Chain is a Bitcoin Layer2 that integrates ZK-Rollup community, decentralized oracle community, and on-chain BTC fraud proof modules. Merlin Chain is dedicated to empowering Bitcoin’s native belongings, protocols, and merchandise on Layer1 via its Layer2 community, to Make Bitcoin Enjoyable Once more. Merlin Chainis is a subsidiary product line of Bitmap Tech, a premier OG group boasting an total market cap exceeding $500 million. The BRC-420 “Blue Field” assortment underneath Bitmap Tech has turn into one of many hottest belongings on Ordinals.
Customers can begin following Merlin Chain’s Twitter for extra updates.
Contact
JeffMerlin Chainbitmap@bitmap.tech
