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Project Merlin (MRLN) emerges as a pioneering force in the blockchain landscape, offering a comprehensive ecosystem that integrates crowdfunding, freelancing, governance, and launchpad services. Launched in Q3 2025, it is crafted by a diverse team operating across Europe and the Middle East. This modular Web3 ecosystem supports blockchain startups through every stage, from funding to community engagement, leveraging both EVM and SVM chains, including networks like Polygon and Solana.
Central to Project Merlin are its four core platforms: Crowdfunding, GIG Freelance Marketplace, Community Engagement, and IDO Launchpad. These platforms provide a seamless Web3 framework for idea submission, evaluation, funding, execution, and community growth. The ecosystem is powered by the $MRLN token, which facilitates a reward-based economic model promoting long-term participation and equitable value distribution.
The Crowdfunding platform utilizes Raven Messages for structured proposal submissions, offering up to 25,000 USDC in $MRLN value to selected projects. The Camelot and Excalibur Grant Systems further support projects with $100,000 monthly distributions and strategic funding decisions. Community engagement is enhanced through the Vote2Earn mechanism, where NFT holders earn points redeemable for $MRLN tokens.
Project Merlin’s DAO-controlled cross-chain bridge ensures secure $MRLN transfers, maintaining a capped total supply. Revenue streams include submission fees, NFT royalties, and service fees from platforms like Freelify.io. NFTs play a crucial role in governance, offering discounted proposal fees and access to exclusive opportunities.
What is the technology behind Project Merlin?
Project Merlin, a next-generation blockchain ecosystem, is a marvel of modern technology, integrating advanced features like ZK-Rollups, decentralized oracles, and DAO governance. This ecosystem, launched in Q3 2025, is designed to facilitate crowdfunding and project submissions, while also serving as a Layer 2 solution on the Bitcoin network. It operates on both Ethereum Virtual Machine (EVM) and Solana Virtual Machine (SVM) chains, seamlessly integrating with networks such as Polygon, Arbitrum, Optimism, BNB Smart Chain, Base Network, Avalanche, and Solana.
The technology behind Project Merlin is modular and decentralized, empowering entrepreneurs, investors, and communities. It combines blockchain infrastructure with DAO-driven governance, offering a comprehensive Web3 framework. This framework supports the entire lifecycle of blockchain startups, from idea submission and evaluation to funding, execution, and community growth. The ecosystem is built around four core platforms: Crowdfunding, GIG Freelance Marketplace, Community Engagement, and IDO Launchpad.
Crowdfunding within Project Merlin is facilitated through Raven Messages, where startups submit proposals for funding. This process involves a structured submission and voting mechanism executed on-chain via smart contracts. Projects that are selected can receive up to 25,000 USDC in MRLN value, divided between claimable tokens and service credits for Merlin ecosystem tools. The Camelot and Excalibur Grant Systems further enhance this by distributing significant MRLN funds to selected projects through decentralized voting.
Security is a paramount concern in blockchain technology, and Project Merlin addresses this through its DAO-controlled, mint-and-burn cross-chain bridge. This bridge ensures that MRLN’s total supply remains capped, supporting secure and auditable transfers between chains. By leveraging ZK-Rollups, Project Merlin enhances scalability and privacy, allowing for efficient transaction processing without compromising security.
The Vote2Earn mechanism is another innovative feature, rewarding community members who participate in governance votes. By holding a Project Merlin NFT, members earn points that can be redeemed for MRLN tokens, provided the DAO treasury exceeds 30% of the total supply. This mechanism not only incentivizes participation but also ensures transparent governance.
Revenue generation within Project Merlin is multifaceted, arising from Raven Message submission fees, NFT royalties, and service fees from platforms like Freelify.io, Taskium.io, and Funddex.io. These revenues are stored in the Merlin Treasury, funding grants, covering operational expenses, and rewarding community members. The NFT layer plays a crucial role, as community NFTs are essential for DAO participation, offering discounted proposal fees and access to token airdrops and partner presales.
The $MRLN token is central to Project Merlin’s ecosystem, serving as a utility asset for governance participation, reward distribution, NFT purchases, and platform-specific features. This token, alongside the ecosystem’s emphasis on regulatory alignment, transparent governance, and cross-chain interoperability, provides a robust infrastructure for Web3 startups, contributors, and investors.
What are the real-world applications of Project Merlin?
Project Merlin (MRLN) emerges as a versatile platform designed to support blockchain startups through a comprehensive suite of services. Its ecosystem is structured around four core platforms: Crowdfunding, GIG Freelance Marketplace, Community Engagement, and IDO Launchpad. These platforms collectively provide a robust framework for the entire lifecycle of blockchain projects, from idea inception to execution and community growth.
The Crowdfunding platform utilizes Raven Messages, where startups can submit proposals for funding. These proposals undergo a two-stage voting process, facilitated by smart contracts, ensuring transparency and community involvement. Successful projects can receive up to 25,000 USDC in MRLN value, which includes claimable tokens and service credits within the Merlin ecosystem.
Project Merlin also features the Camelot and Excalibur Grant Systems. The Camelot Grant distributes $100,000 worth of MRLN monthly to selected projects via a decentralized voting process. The Excalibur Grant empowers the community to vote on strategic proposals, such as new platform integrations or significant funding decisions, fostering a participatory governance model.
The Vote2Earn mechanism incentivizes community engagement by allowing NFT holders to earn points through governance participation. These points can be converted into MRLN tokens, provided the DAO treasury holds more than 30% of the total supply. Rewards are distributed quarterly, promoting active involvement in the ecosystem's governance.
Additionally, Project Merlin operates a DAO-controlled cross-chain bridge, ensuring secure and auditable transfers of MRLN across EVM and SVM networks. This bridge maintains the token's capped supply through a mint-and-burn mechanism, enhancing its cross-chain interoperability.
Revenue streams for Project Merlin include submission fees, NFT royalties, and service fees from platforms like Freelify, Taskium, and Funddex. These funds are allocated to the Merlin Treasury, supporting grants, operational expenses, and community rewards. The NFT layer within Project Merlin plays a crucial role in governance and rewards, offering discounted proposal fees and access to exclusive benefits.
What key events have there been for Project Merlin?
Project Merlin, a next-generation blockchain ecosystem, emerged in Q3 2025, designed to revolutionize the crowdfunding landscape for blockchain startups. Developed by an international team with operations in Europe and the Middle East, it offers a comprehensive suite of interconnected platforms that support the entire lifecycle of blockchain projects. This modular Web3 ecosystem operates on both EVM and SVM chains, integrating networks like Polygon, Arbitrum, Optimism, BNB Smart Chain, Base Network, Avalanche, and Solana.
The ecosystem's core platforms include Crowdfunding, GIG Freelance Marketplace, Community Engagement, and IDO Launchpad. These platforms provide a seamless framework for idea submission, evaluation, funding, execution, and community growth. Project Merlin is powered by its native utility token, MRLN, which introduces a reward-based economic model to encourage long-term participation and transparent governance.
One of the standout features of Project Merlin is its Crowdfunding via Raven Messages. This allows startups to submit proposals and seek funding through a structured submission and voting process. Proposals undergo two stages—shortlist and final voting—executed on-chain via smart contracts. Successful projects can receive up to 25,000 USDC in MRLN value, divided between claimable tokens and service credits for Merlin ecosystem tools.
The Camelot and Excalibur Grant Systems further enhance the ecosystem's funding capabilities. The Camelot Grant distributes $100,000 worth of MRLN monthly to four selected projects through a decentralized and automated voting process. Meanwhile, the Excalibur Grant empowers the community to vote on strategic proposals, such as new platform integrations or high-impact funding decisions.
Project Merlin also incorporates a Vote2Earn mechanism, where community members holding a Project Merlin NFT earn points for participating in governance votes. These points are redeemable for MRLN tokens if the DAO treasury exceeds 30% of the total supply, with rewards distributed quarterly based on participation levels.
The Project Merlin Bridge, a DAO-controlled, mint-and-burn cross-chain bridge, ensures that MRLN's total supply remains capped. This bridge supports EVM and SVM networks, facilitating secure and auditable transfers between chains.
Revenue generation within the ecosystem is achieved through Raven Message submission fees, NFT royalties, and service fees from platforms like Freelify.io, Taskium.io, and Funddex.io. These revenues are stored in the Merlin Treasury and used to fund grants, cover operational expenses, and reward community members.
Project Merlin's NFT layer plays a crucial role in governance and the reward system. Community NFTs are essential for DAO participation, offering discounted proposal fees and granting access to token airdrops and partner presales. A 7.5% royalty fee on all secondary NFT sales supports ecosystem sustainability.
The MRLN token serves as a utility asset for governance participation, reward distribution, NFT purchases, and platform-specific features. Project Merlin emphasizes regulatory alignment, transparent governance, and cross-chain interoperability, providing a unified infrastructure for Web3 startups, contributors, and investors.
Who are the founders of Project Merlin?
Project Merlin (MRLN) emerges as a modular Web3 ecosystem, crafted by the innovative minds of Hakan Bektas, Cagri Imal, and Iqbal Singh. This project, initiated through a collaboration between the British Government and four major UK banks, has had a varied impact on the banking sector. The founders, with diverse backgrounds in technology and finance, have played pivotal roles in shaping the ecosystem's decentralized framework. Their vision integrates blockchain infrastructure with DAO-driven governance, fostering a comprehensive environment for blockchain startups. The ecosystem's design supports various chains, including Polygon and Solana, enhancing its cross-chain interoperability.
The live Project Merlin price today is $0.014860 USD with a 24-hour trading volume of $1,908,176 USD. We update our MRLN to USD price in real-time. Project Merlin is down 0.30% in the last 24 hours. The current CoinMarketCap ranking is #2219, with a live market cap of $921,292 USD. It has a circulating supply of 62,000,000 MRLN coins and a max. supply of 800,000,000 MRLN coins.