What is Project Merlin (MRLN)?

Project Merlin is a modular and decentralized ecosystem that enables entrepreneurs, investors, and communities to develop Web3 projects. Combining crowdfunding, GIG freelance marketplace, community engagement, and IDO launchpad platforms, this system covers all stages from idea submission to funding and community growth. Supported by the $MRLN token, the platform eliminates reliance on third-party tools through solutions like Freelify, Taskium, and Funddex. With its multi-chain compatibility with EVM and SVM chains, it offers a transparent and secure infrastructure. Transforming users into active stakeholders through the Vote2Earn mechanism and DAO governance, Project Merlin aims to create a fair, secure, and self-sustaining digital environment.

Project Merlin (MRLN) Key Features

Project Merlin offers innovative features that set it apart in the Web3 ecosystem:

1. Modular Ecosystem

Integrates crowdfunding, freelance marketplace, community engagement, and IDO launchpad to provide a comprehensive Web3 solution.

2. DAO-Based Governance

The community shapes the platform’s future through $MRLN tokens and Community NFTs.

3. Vote2Earn Mechanism

Users earn points and $MRLN rewards through voting and participation.

4. Multi-Chain Compatibility

Supports BNB SmartChain, Arbitrum, Polygon, Optimism, Solana, Avalanche, and Base for both EVM and SVM chains.

5. Self-Sustaining Economy

Platform revenues are used to fund new ventures and reward participants.

6. Transparent and Secure Infrastructure

Smart contracts, time-locks, and Merlin Spirit AI ensure transparency and security.

7. NFT Integration

Community NFTs provide governance, discounted fees, and revenue-sharing benefits.

How Does Project Merlin (MRLN) Work?

Project Merlin offers an integrated ecosystem to support the development of Web3 projects:

1. Crowdfunding and IDO Launchpad: Entrepreneurs submit projects via Raven Message and secure funding through community votes.

2. Freelance Marketplace: Freelify and Taskium provide access to a talent pool.

3. Community Engagement: Vote2Earn enables users to earn rewards through voting.

4. Multi-Chain Bridge: Project Merlin Bridge facilitates $MRLN token transfers across EVM and SVM chains.

5. Merlin Spirit AI: Ensures process continuity with AI-based evaluation when voting is incomplete.

6. Hybrid Funding: Camelot and Excalibur Grant systems support projects through DAO and community votes.

7. Transparent Governance: Smart contracts and Custodial Wallets ensure secure and traceable transactions.

The platform redistributes its revenues through the Merlin Treasury to new projects and the community, creating a self-sustaining economy.

Project Merlin (MRLN) Benefits to Stakeholders

• Entrepreneurs: Bring projects to life with funding, talent, and community support.

• Investors: Benefit from ecosystem growth through $MRLN tokens and NFTs.

• Community: Participates in governance and earns Vote2Earn rewards.

• Developers: Open infrastructure offers opportunities to build new modules and applications.

Project Merlin (MRLN) Tokenomics

Project Merlin operates with the $MRLN token:

• Token Name: Merlin ($MRLN)

• Token Type: Utility Token

• Total Supply: 800 million MRLN

• Distribution:

  • Treasury: 30% (8-month lock, 40-month linear vesting)

  • Liquidity: 18% (1-month lock, 16-month linear vesting)

  • Grants: 15% (8-month lock, 30-month linear vesting)

  • Operations: 7% (1-month lock, 40-month linear vesting)

  • Development Team: 8% (5-month lock, 50-month linear vesting)

  • Marketing: 5% (1-month lock, 25-month linear vesting)

  • D/CEX Community: 5% (5-month lock, 4-month linear vesting)

  • Seed Sale: 5%

  • Public Sale: 4%

  • Airdrop: 2% (6-month lock, 8-month linear vesting)

  • Advisors: 1% (4-month lock, 12-month linear vesting)

  • Staking Pool: 1% (3-month lock, 8-month linear vesting)

• Use Cases:

  • Governance: DAO voting and NFT purchases.

  • Funding: Grants and platform services.

  • Rewards: Vote2Earn and airdrops.

  • Microtransactions: Profile customization and premium features.

Project Merlin (MRLN) Roadmap

Project Merlin follows a phased plan to strengthen the Web3 ecosystem:

• Q3 2025: Token Generation Event (TGE), beta launch of Camelot Grant and Freelify.io, NFT sales, and DAO activation.

• Q4 2025: Beta launch of Taskium.io and Funddex.io, first full DAO voting cycle, and year-end airdrop.

• 2026 and Beyond: Full ecosystem integration, addition of new platforms, and cross-chain bridge expansion.

Project Merlin (MRLN) Investors and Partners

Project Merlin is supported by investors and partners including BNB Chain, DAO Maker, ChainGPT, OKX, Coin Terminal Spores, Kommunitas, Skale, Veoma Ventures, Google Cloud, and Sequence. Additionally, the platform is backed by $3.2 million in funding (seed: $1.6 million, public sale: $1.6 million), establishing a solid financial foundation.

Merlin Team

Project Merlin is led by an experienced team. Co-founder and CEO Hakan Bektaş drives the project with strategic vision, while co-founder and COO Çağrı İmal manages operational processes. CTO Iqbal Singh develops the technical infrastructure, and CMO Nazım Karaalp shapes marketing strategies. Legal counsels Elif Hilal Umucu and Suna Dönder ensure regulatory compliance, while advisor Mete Ali Başkaya provides strategic support.

Official Links

• Website
• X (Twitter)
• Whitepaper

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Key Intraday Levels for Bitcoin

The BTC/USDT pair has dropped 5.87% in the past 24 hours and is currently trading at $95,709. Bitcoin (BTC) has lost the previously identified support at $97,362, leading to a significant correction. If it rebounds, the resistance level to watch is $97,362, while the support levels are $94,703 and $93,138.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Ethereum (ETH): The ETH/USDT pair has dropped 8.69% over the last 24 hours and is currently trading at $3,361. Resistance levels for ETH are $3,440 and $3,535, while the support levels are $3,290 and $3,217.

SPX6900 (SPX): The SPX/USDT pair has gained 0.94% in the last 24 hours and is trading at $1.44. Resistance levels are $1.453 and $1.56, while support levels are at $1.34 and, if the decline deepens, $1.24.

Helium (HNT): The HNT/USDT pair has lost 5.58% in the past 24 hours and is trading at $5.87. Resistance levels for HNT are $5.91 and $6.25, while support levels are $5.72 and $5.45.

Shiba Inu (SHIB): The SHIB/USDT pair has dropped 10.14% in the last 24 hours and is currently trading at $0.00002167. Resistance levels for SHIB are $0.00002192 and $0.00002312, while support levels are $0.00002133 and $0.00002052.

Trending Coins

The most trending coins in the crypto market over the past 24 hours include Sonic SVM (SONIC), Virtuals Protocol (VIRTUAL), and Hyperliquid (HYPE). The top gainers are Sonic SVM (SONIC), QuantixAI (QAI), and Ultima (ULTIMA), while the biggest losers are Swarms (SWARMS), Horizen (ZEN), and CHEX Token (CHEX).

Bitcoin Liquidation Map

On the 12-hour liquidation map for Bitcoin, notable liquidations are seen at $96,696 on the upside, totaling $34.48M, and at $94,818 on the downside, also with $34.48M.

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How Does Sonic Work?

Sonic is built on HyperGrid, a framework developed specifically for Solana. HyperGrid offers a customizable and scalable infrastructure while maintaining full compatibility with Solana. Thanks to Sonic’s technology, both game developers and application creators can seamlessly execute their business logic on-chain.

Advantages Sonic Provides to Users

• With its SVM-based infrastructure, Sonic delivers the fastest and most economical on-chain gaming experience compared to competing chains.
• SonicX facilitates the migration of users from popular platforms like TikTok into the web3 world.
• With its HyperGrid framework and ECS-based tools, Sonic offers a robust toolkit for game developers.
• Sonic provides a native infrastructure that supports growth, traffic, payments, and settlement processes for games.

Supporters and Investors

Sonic has attracted investments from notable firms such as BITKRAFT Ventures, Galaxy Ventures, Sanctor Capital, OKX Ventures, Mirana Ventures, and Republic. Partners include prominent names like Solana, Blockchain Game Alliance, Backpack, Helius, Pyth, Raydium, and MoonPay.

Token Details and Tokenomics

The $SONIC token powers the Sonic ecosystem. Key use cases for the token include:

• It can be used for payments and other transactions within the platform.
• Users can participate in the network and earn rewards.
• Token holders have the right to participate in decision-making regarding the platform’s future.

$SONIC Token Distribution

• Total Supply: 2,400,000,000 $SONIC
• Initial Circulating Supply: 15%

Distribution Breakdown

• 30% – Ecosystem and Community
• 7% – Initial Claims
• 20% – Sonic HyperGrid Rewards
• 20% – Foundation
• 8% – Early Supporters
• 15% – Investors

Sonic SVM stands out with its visionary approach, combining high speed, low costs, and seamless integration between web2 and web3 worlds. Aiming to revolutionize gaming economies, this project is poised to become a prominent name in the future thanks to its strong technological foundation and widespread community support.

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This network makes transactions on Ethereum faster and cheaper. The Solana Virtual Machine (SVM) executes transactions quickly. Like other Ethereum Layer-2 solutions, the network bundles transactions and sends them to Ethereum. This way, it benefits from Ethereum‘s security while offering the speed of Solana.

The Eclipse Foundation announced the integration of projects like Orca, Save, and others during the launch. The network includes 60 decentralized applications and service providers. These projects serve in sectors such as DeFi, gaming, and user apps. CEO Vijay Chetty mentioned that developers would be able to scale their DApps like never before.

The project combines Ethereum‘s decentralization and its over $500 billion in on-chain assets with the speed and low transaction fees of Solana. It provides a perfect platform by using the best features of both networks. The network bridges the gap between the Solana and Ethereum communities.

The project, which completed a $50 million Series A funding round led by Placeholder and Hack VC, raised a total of $65 million. The network holds great potential by combining the strengths of both ecosystems.

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