Chainwire, New York, USA, February 5, 2024
Merlin Chain, native Bitcoin Layer2, announced Funding round from 24 investors including OKX Ventures, ABCDE, Foresight Ventures and Arcstream Capital.
Merlin Chain provides a native scaling solution that integrates the ZK-Rollup network, a decentralized oracle network, and an on-chain BTC anti-fraud module. We are committed to enhancing Bitcoin's native assets, protocols, and products at Layer 1 and making Bitcoin fun again.
Merlin Chain is built by Bitmap Tech, a top-notch OG team with a collective market capitalization of over $500 million. BRC-420”blue boxBitmap Tech's collection has become one of Ordinals' most popular assets, rising from a registration cost of $0.15 to an ATH floor of $34,000, reaching the third-largest market capitalization behind BAYC and CryptoPunks.
Bitmap Tech, the team behind Merlin Chain, has been a strong believer in Bitcoin for many years and is very passionate about developing the Bitcoin ecosystem, rather than servicing other ecosystems. Through its work, it aims to bring more users and assets to Bitcoin. Bitcoin name.
This raise will allow the team to continue to strengthen its ecosystem and increase overall liquidity. So far, Merlin Chain has built a strong DApp ecosystem and plans further expansion.
Merlin Chain plans to launch its mainnet this week. After launch, Marlin Chain plans to host numerous staking events and distribute governance tokens through a “fair launch” with the aim of rewarding real users and builders.
About Marlin Chain
Merlin Chain is a Bitcoin Layer2 that integrates the ZK-Rollup network, decentralized oracle network, and on-chain. BTC Anti-fraud module. Merlin Chain is committed to powering Bitcoin's native assets, protocols, and products on Layer 1 through the Layer 2 network to make Bitcoin fun again. Merlin Chainis is a subsidiary product line of his OG team, Bitmap Tech, whose collective market capitalization exceeds $500 million. The BRC-420 “Blue Box” collection under Bitmap Tech has become one of Ordinals’ most popular assets.
Users can start following Merlin Chain twitter For further updates.
contact
jeff
marlin chain
bitmap@bitmap.tech
Source: the-blockchain.com
