Welcome to Project Merlin
These docs are a guide for members and non-members alike. If you want to understand what Project Merlin does, how to get involved or how to join, you're in the right place.
Last updated
These docs are a guide for members and non-members alike. If you want to understand what Project Merlin does, how to get involved or how to join, you're in the right place.
Last updated
Project Merlin is a next-generation Crowdfunding DAO with a mission to benefit individuals within the community. The DAO governance mechanism has been redesigned with Project Merlin and termed DAO v2 . Through this innovative governance structure, individuals not only achieve their dreams but also receive rewards for supporting fellow community members in achieving theirs. With this reward mechanism named Vote 2 Earn, we ensure the proper development of the blockchain ecosystem within the community.
Project Merlin enables projects and individuals, especially in the web3 and GameFi fields, to find initial funding for their envisioned projects and dreams.
Funding can be obtained in three ways:
Direct Community Support: Teams developing projects or individuals with dreams can introduce their projects or dreams and receive direct support from the community by filling out a form called Raven Message.
Camelot Support: Project Merlin inputs are accumulated directly in the Camelot Treasury. These inputs consist of NFT sales, application fees, and other funding supports. The funds accumulated in the Camelot Treasury are also supported by the Merlin Treasury and are divided into a total of 8 offers in 4 different categories. Developed projects or dreams to be realized are evaluated by the Project Merlin community, and funding is provided based on this decision
Grant Support: Project Merlin evaluates all applications that can be adapted to the web3 ecosystem, especially GameFi projects, and submits them to the community for approval. These projects can be funded from the Grant pool allocated within the Merlin Treasury.
The Project Merlin ecosystem is a fully community-controlled DAO. Its decentralized structure means handing over control of over $16.8 million in funds to the community. By becoming part of the Project Merlin community, you'll have a decisive role in managing this fund, and that's just the beginning.
Here are some privileges of being part of the Project Merlin Community:
1.) Participate in proposal evaluation stages and receive shares of up to 10% from the fund.
2.) Own Collection NFTs and receive a share of 3% of the fund.
3.) Apply for funding and request directly from the treasury.
4.) Determine the winning candidate in Camelot Proposals and receive a share from a reward pool consisting of crypto tokens from other web3 projects supported by Project Merlin.
These are just some opportunities the Project Merlin community enjoys. Remember, the opportunities are not limited to these.
Now you know a little bit about Project Merlin, but you're ready to take your First Steps🐾
