Technical Details
Last updated
Last updated
Project Merlin's technical infrastructure is built on an Ethereum (EVM)-based blockchain and operates on multiple blockchain networks including Polygon, Avax, BNB Smart Chain, Arbitrum, Zksync, Telos, Skale, and Optimism. These networks were selected considering their reliability, transaction fees, use cases, community support, and industry position, offering universal accessibility and low transaction costs to the project.
Security is a top priority, and before the full version is released the project will undergo at least two audits by independent auditing firms. Continuous monitoring and support will ensure 24/7 security audits, protecting the system from external interventions.
NFTs can be purchased using Merlin Tokens, and NFT owners are rewarded with Merlin Tokens for completing tasks or based on the NFT's features. This process provides NFT owners with a continuous earning opportunity, promoting a circular ecosystem. Multi-blockchain support is facilitated through the use of oracles and cross-chain bridges. These integrations, in collaboration with third-party service providers, deliver reliability and global access.
Project Merlin, as an innovative platform that contributes to the future of decentralised finance and governance, uses the advantages of blockchain technology's transparency, security, and efficiency to address existing problems in DAO and crowdfunding ecosystems. The platform creates an accessible and sustainable ecosystem that meets the needs of users and project owners, creating a fairer and more accessible financing and project development environment for everyone.