Learn about MerlinChain in one article

Author: Loon, Inscription Researcher Source: X, @Web3Loon

MerlinChain Official Twitter: https://twitter.com/MerlinLayer2

< p style="text-align: left;">MerlinChain official website: https://merlinchain.io

Founder’s official tweet: https://twitter.com/BitmapTech

Founders Project official website:  https://bitmap.tech

Merlin Chain Features

< p style="text-align: left;">- Use MPC multi-signature solution to keep funds safe

- Support Bitcoin native wallets and addresses

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- Bring multiple Dapps to join when going online, including DEX, cross-chain bridge, etc.

- Integration ZK-Rollup network, decentralized oracle network, and on-chain BTC fraud prevention module

BitmapTech development timeline

- June 17, 2023: rcsvio posted the first tweet and released RCSV.io

- 2023 July 15: Released Recursive BBS, recursive forum, recording text on the chain

- July 17, 2023: Released BRC-420 protocol , LEGO used to implement Ordinals

- July 20, 2023: Brand renamed to Recursiverse

;">- July 31, 2023: A Bitmap ExplorerBitmap.Game was released

- September 19, 2023: BRC-420 was launched Marketed and deployed the first protocol asset BRC-420

- October 26, 2023: BRC-420 was recommended by @L1Fxyz

- November 3, 2023: BRC-420 released DLC function

- November 2023 15th: Announcement of Bitmap token swap

- December 13, 2023: BRC-420 connected to Bitget wallet

- December 18, 2023: Blue Box breaks through 10,000 US dollars

- December 19, 2023: BRC-420 receives Enter OKX wallet

- December 26, 2023: The brand is upgraded to Bitmap Tech again

- December 27, 2023: This song about NFTs (Music Box) is online

- January 19, 2024: Officially announced Bitcoin Layer 2 - Merlin Chain

- January 26, 2024: Launch of Merlin Chain test bridge

- January 27, 2024: izumi launches Merlin Chain test network swap @MerlinSwap

- February 4, 2024: ABCDELabs] announces investment in BitmapTech

- February 5, 2024: Merlin Chain opened Launchpad on the Ally platform, releasing 1% of the governance token $MERL

- February 8, 2024: Merlin's Seal staking is officially launched

- February 9, 2024: OKX_Ventures announces investment in BitmapTech

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- February 10, 2024: Merlin Chain’s first Launchpad event ends

- 2024 February 18, 2020: bitsmiley_labs announced cooperation with Merlin Chain

Merlin Chain token

$MERL - Official governance token

- The total amount is 2.1 billion. The tokens will be gradually released through 7 activities. Each period will release Different shares of tokens

- First activity:

  - February 5th - February 11th, 2024

  - Earn points by participating in activities on the Laucnhpad platform, and the points determine the Merlin that can be purchased Share of tokens, the more points you have, the more $MERL you can buy.

  - Token release: 1% (21 million)

  - Participation address: https://launchpad.ally.build/zh-CN/details?id=1

- Second event ：

  - From February 8, 2024

  ; - Merlin's Seal, share 20% of $MERL by pledging BTC/ETH/USDT/Ordinals/Atomicals and other assets.

  - Release tokens: 20% (420 million)

  - Participation address: https://merlinchain.io/bridge/staking

  - Event details: https://medium.com/@merlinchaincrypto/merlins-seal-merlin-chain-%E4%B8%BB% E7%BD%91%E8%B4%A8%E6%8A%BC%E6%B4%BB%E5%8A%A8%E5%BC%80%E5%90%AF-bcb230440ec7)

$Huhu - The biggest local dog

- The second deployed token on the Merlin chain, with the largest transaction volume Meme and local dog, the current market value is close to 8.5 million.

-Total amount of tokens: 2.1 billion

-Online time: February 5

- Transaction address: https://merlinswap.org/trade/swap

-K line: https ://ave.ai/token/0x7a677e59dc2c8a42d6af3a62748c5595034a008b-merlin?from =Default

$VOYA - The First Fair Launch Inscription

- The first inscription on the Merlin Chain will be distributed 100% to the early supporters of the Merlin Chain.

- Total amount of tokens: 10 million

- Collection time: February 21 16:00 pm - 11:00 am on February 23

- Collection address: https://merlinswap.org/airdrop

- Event details: https:/// /mirror.xyz/0x378300746800525CD74964683ec3e496909DB5D7/mdshOx0TjvbSgi27vkQ7ixHQhWteZjX95H2s0rTwB8s

Merlin Chain slot

There is no place for the overall output of information. For example, information such as product progress, activity plans, token distribution, etc., many of the key information of the project do not have official announcement tweets, and can only be known from different accounts and KOLs, making it difficult for Xiaosan to understand the information. "Abstract account" technology, "ZK-Rollup" technology, "decentralized oracle network" technology, "MPC multi-signature solution" technology, etc. are all core technologies in this project, but there are currently no specific technical details disclosed, and some are also There is no real-life product to experience, and I look forward to experiencing it as soon as the product is launched. Judging from the known investment status of the project and the market-making capabilities of the project party, it is still worth participating in the early Merlin Chain.