# Welcome to Project Merlin

This GitBook will guide you through how Project Merlin works, how to use its features, and how you can benefit as a member of the community.

***

<mark style="color:green;">**Project Merlin**</mark>  is a decentralized Web3 ecosystem built to help startups grow and communities participate in decision-making.

We believe that building in Web3 should be simple, fair, and community-driven. That’s why we’ve created a modular platform where people can:

* Submit and fund startup ideas
* Work or hire through freelance tools
* Join decentralized voting
* Discover new projects early and support their growth.
* Launch and support new projects

Whether you're an entrepreneur, developer, investor, or simply someone curious about Web3, Project Merlin gives you the tools to get involved and make an impact.

All activities in Project Merlin are powered by our native token: **$MRLN**.

***

## ![](/files/wA41qU19iGj1hMDLg4nF)What is <mark style="color:green;">Project Merlin</mark>?

{% embed url="<https://youtu.be/ojSuwCe5Sbw>" %}

Project Merlin is a modular, decentralized ecosystem that empowers entrepreneurs, investors, and communities by combining blockchain infrastructure with DAO-driven governance. Built around four core platforms Crowdfunding, GIG Freelance Marketplace, Community Engagement, and IDO Launchpad it offers an end-to-end Web3 framework covering idea submission, evaluation, funding, execution, and community growth.

Powered by its native utility token $MRLN, Project Merlin introduces a reward-based economic model that encourages long-term participation, transparent governance, and equitable value distribution. With functional extensions such as **Freelify**, **Taskium**, and **Funddex**, the ecosystem eliminates dependence on fragmented third-party tools, providing seamless access to talent, funding, and services in a single unified platform.

> *Our mission is to create a fair, secure, and self-sustaining digital environment where blockchain ventures thrive, community voices are heard, and decentralized technologies reach their full potential. As a strong advocate for Web3 decentralization, Project Merlin supports the transition from traditional centralized systems to community-led, transparent governance empowering users while minimizing systemic bias in the digital economy.*

***

## 💡What do we do?

Project Merlin brings together the most important parts of Web3 into a single platform. We:

1. **Help startups raise funds from the community:** Founders can submit their project ideas through our system, and the community decides which ones receive funding using a fair, transparent voting process.
2. **Allow anyone to vote on which projects should be supported:** Every community member with an NFT can participate in governance by reviewing startup proposals and voting on them directly on-chain.
3. **Reward users for their participation through a point-based system (Vote2Earn):** We believe active users deserve to be rewarded. Our Vote2Earn system gives points for each voting action, which can be converted into $MRLN tokens.
4. **Offer freelance and task tools for talent and project execution:** Through our platforms like Freelify and Taskium, startups can hire skilled contributors and manage their work without leaving the ecosystem.
5. **Provide a launchpad for new Web3 tokens:** Projects that successfully complete funding and development can launch their own tokens through our built-in IDO launchpad.

All of this happens within a secure, decentralized environmentfully controlled by the DAO, not by a central authority.

{% hint style="info" %}
While Project Merlin does all this, community members participating in the processes also earn **Merlin Tokens** and tokens from other projects. Keep reading to learn what you can gain by joining the Project Merlin community filled with earning opportunities.
{% endhint %}

***

## 🎁What is in it for you?

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, no matter your background, Project Merlin offers real opportunities and rewards:

1. **Founders**\
   You can submit your startup idea, get direct community support, and access funding without relying on venture capital or external platforms.
2. **Community members**\
   By voting on proposals and participating in governance, you earn $MRLN tokens while shaping which projects move forward.
3. **Freelancers**\
   You can join funded projects and earn tokens for completing tasks, all with transparent contracts and without intermediaries.
4. **Early supporters**\
   Get access to exclusive presales, NFT drops, and bonus rewards by simply staying active and supporting the ecosystem.
5. **Everyone**\
   All assets stay in your wallet. You don’t need to trust anyone with your funds, everything is managed by smart contracts, not people.

Project Merlin is built to include you in every part of the process, from decisions to rewards.

## 🐾First Steps 🐾

Now you know a little bit about Project Merlin, but you're ready to take your First Steps🐾

{% content-ref url="/pages/5m3BjwF1erUjUOqgyTD5" %}
[First Steps](/projectmerlin/getting-started/first-steps)
{% endcontent-ref %}


# First Steps

## Social Media Chanels

We're glad you made it here.

Our crowdfunding service is universal and open to everyone. As part of our community, you have a say in how this service is provided and to whom, and you also receive a share of the funds distributed through rewards. To learn about these opportunities and stay updated on current announcements and events, you should first follow us on these channels;

<figure><img src="/files/aCIkHZSnYFPJJ3QOu5vy" alt=""><figcaption></figcaption></figure>

&#x20;          Join us on [**Telegram** <img src="/files/D70ePIoUMCL7SdErYsdJ" alt="" data-size="line">](<https://t.me/ProjectMerlin >)   -   Follow us on [**Twitter** ![](https://www.gstatic.com/youtube/img/watch/social_media/twitter_1x_v2.png)](https://twitter.com/projectmerlinio)   -   Join us on[ **Discord** ![](https://www.gstatic.com/youtube/img/watch/social_media/discord_1x.png)](https://discord.gg/projectmerlin)

&#x20;

&#x20;       Follow us on [**Medium** ![](https://www.gstatic.com/youtube/img/watch/social_media/medium_1x.png)](https://projectmerlin.medium.com)   -   Follow us on [**Telegram** <img src="/files/D70ePIoUMCL7SdErYsdJ" alt="" data-size="line">](https://t.me/ProjectMerlinio)    -   Subscribe us on [**YouTube** <img src="/files/H14lMMZ0IzgGW8HAKRMq" alt="" data-size="line">](https://www.youtube.com/@ProjectMerlinio)

{% hint style="info" %}
Remember, if you want to conduct a technical review, you can always access the [**whitepaper**](https://projectmerlin.io/assets/pdf/Project%20Merlin%20Whitepaper.pdf) from here.
{% endhint %}

***

> Now that you have learned and followed information and announcement sources, you are ready to move on to the next step.

## Time to Meet Project Merlin

Everything has a purpose, and so does Project Merlin. To learn what Project Merlin's Purpose is, you should check out the next section.

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[What Is the Purpose?](/projectmerlin/getting-started/what-is-the-purpose)
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# What Is the Purpose?

The purpose of **Project Merlin** is to support the transition from traditional, centralized systems to decentralized Web3 structures by giving entrepreneurs all the tools they need in one ecosystem.

Through the **Project Merlin DAO**, we provide **Kick Starter-style grants** to help founders start their journey. Using **Freelify**, they can build the technical team they need. With **Taskium**, they can grow an engaged community. Through **Funddex**, they can secure their first early investments.

Over time, we will add more platforms under the same ecosystem—covering every requirement a startup might have during its growth. This way, founders can develop and scale their projects without relying on any external services. Everything they need will be available within the Project Merlin ecosystem.

<div data-full-width="false"><figure><img src="/files/6iXqWDFULYOkBZPs9tb0" alt="" width="375"><figcaption></figcaption></figure></div>

### 📌What should you do?

Below you will find how you can take part in the Project Merlin ecosystem—whether you are a **founder**, **community member**, **freelancer**, or **investor**. Each platform offers different opportunities and roles.

Now, visit The Crystal Cave page and check out the Raven Messages there.

### 🏛 Project Merlin DAO

**a. Startup**

If you are a founder, the best way to start is by introducing your idea to the Project Merlin community.\
Fill out our **Raven Message** application form to present your project and mission. Through this form, you can collect community support and funding.\
If the community votes for your project, it can move to the **Camelot Proposal** stage—where being selected guarantees you a **$25,000 grant in MRLN tokens**.

**b. DAO Community Member**

If you want to join the Project Merlin DAO, you must first own a **Project Merlin Community NFT**.\
This NFT gives you access to tasks within the DAO, voting rights in both **Camelot** and **Excalibur** Proposals, and the ability to earn points.\
At the end of each quarter, these points give you a share of the community rewards.

### 💼 Freelify.io

**a. Service Provider (Freelancer)**

If you work in the blockchain space as a freelancer—developer, designer, or any Web3-specific service provider—Freelify.io connects you directly with projects that need your skills.\
Create your profile, showcase your abilities, and set your service rates. Payments are in crypto, available 24/7, with no regional restrictions.\
Every month, Freelify generates **$20,000 worth of guaranteed job opportunities** within its ecosystem—meaning less competition and more Web3-focused clients.

**b. Startup**

If you are building a blockchain project and need technical talent, Freelify.io is your trusted freelance marketplace for one-time or long-term hires.\
You can pay in both crypto and traditional methods, accessing a pool of verified professionals to support your project’s growth.

### 🎯 Taskium.io

#### &#x20;**a. Startup**

Need to grow your community?\
With Taskium.io, you can create **task-based reward campaigns** that encourage people to follow, share, and support your project.\
Use “Pop-Tasks” or “Spaces” to increase brand awareness, build trust, and engage potential supporters through fun and rewarding activities.

**b. Hunter**

If you want to support Web3 projects early and benefit from their rewards, Taskium.io is your hunting ground.\
It hosts reward-based community activities for early-stage startups and established projects.\
Complete simple tasks to earn rewards and airdrops—**zero risk, pure participation**.

### 💰 Funddex.io

**a. Startup**

If you are an early-stage startup with your MVP/DEMO and documents ready, Funddex.io helps you secure the funding you need for a strong launch.\
Unlike centralized launchpads with varying and often high listing fees, Funddex.io offers a **fair and transparent standard for everyone**.\
Raise your investment without spending most of it on listing fees—get real support from the community.

**b. Investor**

Invest early in promising projects and maintain your profit advantage when they list.\
Funddex.io’s **fair listing policy** ensures transparent and accurate information about each project.\
No secret backroom deals—every investor gets equal rights and equal access to opportunities.

> If you want to learn more about Project Merlin, you can check Whitepaper.

{% embed url="<https://projectmerlin.io/assets/pdf/Project%20Merlin%20Whitepaper.pdf>" %}


# Project Merlin DAO

Project Merlin DAO (Decentralized Autonomous Organization) is the core governance layer of the ecosystem.

The **Project Merlin DAO** is the decision-making heart of the ecosystem.\
It is a **decentralized governance system** where both founders and community members work together to decide **which projects get funded, how resources are allocated, and how the ecosystem grows**.

**Purpose**\
The DAO exists to give power back to the community and to make sure that startups in the Web3 space can get the funding, support, and visibility they need, without relying on centralized gatekeepers.

**Mission**\
To create a fair, transparent, and community-driven funding environment where Web3 projects can thrive, and where every participant, whether a builder or supporter, benefits from their contribution.

**Vision**\
To become the most trusted decentralized grant and decision-making platform for Web3 innovation, enabling anyone, anywhere, to launch and scale projects entirely within the Project Merlin ecosystem.

***

**Who benefits and how?**

**For Startups (Founders):**

* **Funding:** Access to community-driven grants through **Camelot** and **Excalibur** Proposals
* **Visibility:** Present ideas to an active, engaged community that can amplify your reach
* **Support:** Gain access to other Project Merlin platforms like **Freelify**, **Taskium**, and **Funddex** to hire talent, build community, and secure early investments
* **Guaranteed Rewards:** Selected startups in Camelot Proposals receive a **$25,000 value package** (MRLN tokens + ecosystem service credits)

**For Community Members:**

* **Voting Power:** Decide which startups receive funding and which platform changes should be made
* **Rewards:** Earn **Vote2Earn points** for every voting action, convert these points into MRLN tokens at the end of each quarter
* **Exclusive Access:** Participate in early presales, airdrops, and rewards from funded startups
* **Influence:** Shape the future of the ecosystem by supporting projects you believe in

***

**How it works at a high level**

1. **Application:** Startups submit a **Raven Message**—their project proposal—to the DAO.
2. **Review and Voting:** Community members (with a Project Merlin Community NFT) vote in a structured, on-chain process.
3. **Selection:** Top projects move to the final proposal stage and are selected for funding.
4. **Distribution:** Grants are distributed via smart contracts to ensure transparency and fairness.
5. **Rewards:** Community members receive MRLN tokens based on their Vote2Earn points.

***

**What does the DAO distribute?**

* **To Startups:**\
  Funding in MRLN tokens and service credits for ecosystem platforms (Freelify, Taskium, Funddex)
* **To Community Members:**\
  MRLN token rewards every quarter, plus potential perks like early access to project launches, presales, and airdrops

***

💡 **In short:**\
The Project Merlin DAO is not just a voting system—it is a **full-cycle Web3 accelerator** powered by its community.\
Founders get **funding, visibility, and tools**.\
Community members get **influence, rewards, and opportunities**.\
The entire process is **transparent, on-chain, and decentralized**.

{% embed url="<https://dao.projectmerlin.io>" %}


# The Crystal Cave

<figure><img src="/files/8BFEobSSWjtY1kTDu5Rm" alt=""><figcaption></figcaption></figure>

The Crystal Cave is a mystical place where aspiring projects and dreams awaiting realization are listed. Here, you can discover many projects and goals that can inspire you. These projects and goals are not only waiting for direct support from the community but also evaluated by editors.

An editor can create a proposal consisting of up to 20 Raven Messages with similar goals. If the proposal is approved by senators and the community, one of the candidates included in the proposal earns the right to receive a share from the funds accumulated in the Camelot Treasury.

## How Can You List a Project or Dream in The Crystal Cave?

You need to fill out an application form called Raven Message.

{% embed url="<https://dao.projectmerlin.io/create-raven-message>" %}

For more detailed information about this, you should check out the next section.

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[Raven Message](/projectmerlin/getting-started/raven-message)
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# Raven Message

Raven Message is an innovative platform where users can solicit funding by announcing their projects, dreams, or needs to a broad community.

A **Raven Message** is the official project submission form in the Project Merlin DAO.\
It is the first step for any startup to **introduce their idea, collect community donations, and get selected for DAO funding**.

By submitting a Raven Message, founders can:

* Present their project, mission, and roadmap to the community
* Collect voluntary donations from supporters for 30 days
* Enter the DAO voting process for a **$25,000 grant package** (MRLN tokens + service credits)

<figure><img src="/files/OBxAJuL3D1DG8bpSySn6" alt="" width="375"><figcaption></figcaption></figure>

### Why is it important? (Benefits)

**For Startups:**

* **Visibility:** Your project becomes visible to the entire Project Merlin ecosystem and beyond.
* **Funding:** Collect donations for 30 days directly from the community—no intermediaries.
* **Grant Opportunity:** After the donation phase, your project can join up to **3 DAO proposal cycles** (Camelot) for a chance to win $25,000 in value.
* **Cross-chain Support:** Donations can come from multiple blockchains thanks to the Custodial Wallet system.

**For the Community:**

* **Early Access:** Discover and support startups at an early stage.
* **Engagement:** Vote on which projects deserve DAO funding.
* **Rewards:** Earn Vote2Earn points when participating in proposal voting.

***

### How it works – Step by step

1. **Prepare Your Proposal**
   * Define your project name, mission, goals, roadmap, and funding target in USDC value.
   * Add visuals, team details, and other supporting materials to build trust.
2. **Submit Your Raven Message**
   * Go to the Project Merlin platform and fill out the Raven Message form.
   * Pay the submission fee in **MRLN tokens** (see “What does it cost?” below).
3. **30-Day Donation Period**
   * Your project will be live for 30 days.
   * Community members can donate in MRLN tokens via their Custodial Wallets.
   * If your funding goal is reached, donations become claimable after the campaign ends.
   * If the goal is not met, donations are refundable to supporters.
4. **DAO Proposal Stage**
   * After the donation phase, your project automatically enters the **Camelot Proposal** pre-selection process.
   * You have up to **3 opportunities** (cycles) to be selected.
   * Selection is based on community voting in both shortlist and final proposal rounds.
5. **Grant Award**
   * If selected, you receive **$25,000 in value**:
     * $10,000 worth of MRLN tokens (claimable)
     * $15,000 in service credits (non-withdrawable) to use on Freelify, Taskium, and Funddex.

***

### What does it cost?

Submitting a Raven Message requires a **submission fee in MRLN tokens** equal to **100 USDC** in value.\
This fee:

* Helps filter out spam submissions
* Supports the DAO Treasury
* Keeps the process sustainable for the community

***

### What happens after submission?

* Your project becomes visible to the community for 30 days.
* You can collect donations, gain visibility, and build early support.
* Even if you do not win in your first Camelot Proposal attempt, you can join **two more cycles** (maximum of three in total).
* Each cycle gives you a new chance to secure the $25,000 DAO grant package.

***

💡 **In summary:**\
A Raven Message is more than an application—it’s your **entry ticket** into the Project Merlin ecosystem, giving you funding opportunities, visibility, and community backing in a fully transparent, decentralized process.


# Camelot Proposal

The **Camelot Proposal** is the **core monthly grant program** of the Project Merlin DAO.\
It is designed to fund the **most promising Web3 startups** through a **fully on-chain, task-based, and community-driven selection process**.

Unlike many other grant programs where decisions are made by a small internal team or a private committee, Camelot is **100% run by the DAO community**—every vote is recorded on-chain and every winner is chosen by active members holding a **Project Merlin Community NFT**.

***

### **🔹 Key Features**

1. **Recurring Monthly Funding**
   * Every month, **four startups** are selected to receive funding.
   * Each winner gets a **$25,000 value package**:
     * $10,000 worth of MRLN tokens (claimable)
     * $15,000 worth of non-withdrawable service credits to spend on **Freelify**, **Taskium**, and **Funddex**.
2. **Multiple Chances for Startups**
   * A startup can participate in up to **three monthly Camelot cycles** after submitting a Raven Message.
   * This means even if you don’t win in the first month, you still have two more opportunities without paying a new submission fee.
3. **Structured Two-Stage Voting**
   * **Stage 1 – Shortlist Voting:**\
     Startups are grouped into shortlists of five projects. These are assigned randomly to community members via smart contracts. Members rank them on-chain.
   * **Stage 2 – Final Proposal Voting:**\
     The top-ranked startups from the shortlists move into one of four final proposals. Community members vote again to select the monthly winners.
4. **AI Fallback for Fairness**
   * If no community member votes on a shortlist after three attempts, the **Merlin Spirit AI** steps in to rank projects based on predefined, confidential criteria—ensuring no proposal is left unprocessed.
5. **Cross-Chain Voting Access**
   * Even though voting smart contracts are deployed on Arbitrum, members can vote from any supported blockchain using their Custodial Wallet.
   * This removes the need for manual bridging and makes participation easier.

***

### **🎯 Advantages Over Other DAO Grant Programs**

* **Completely On-Chain:** Every vote, ranking, and funding decision is transparent and verifiable by anyone.
* **No Centralized Filtering Bias:** Shortlists are random, and the community—not a private team—decides winners.
* **Guaranteed Funding Allocation:** Every month, exactly four winners are funded—no delays, no skipped months.
* **Service Credits + Tokens:** Startups get both liquidity (tokens) and practical resources (credits) to execute their plans immediately.
* **Vote2Earn Rewards for Voters:** Voters are not just volunteering—they earn points for every action, which are later converted into MRLN tokens.

***

### **🗳 Who Votes and What Motivates Them?**

* **Voters:** Only holders of a **Project Merlin Community NFT** can vote.
* **Voting Method:** Voters receive assigned shortlists and final proposals in their Custodial Wallet. They rank projects directly on-chain.
* **Motivation:**
  * Earn **Vote2Earn points** for each completed voting task (+5 for shortlist votes, +10 for final votes, plus matching bonuses).
  * These points are converted into **MRLN token rewards** every quarter if the DAO Treasury exceeds 30% of the total supply.
  * Gain early insights into upcoming startups and potential presale opportunities.

***

### How it works – Step by step

1. **Shortlist Creation**
   * All eligible startups from the Raven Message pool are grouped into **shortlists of 5 projects**.
   * Each shortlist is assigned to a community member via a smart contract.
2. **Shortlist Voting**
   * Community members vote **on-chain** through their Custodial Wallets.
   * They rank the projects in their shortlist based on preference.
   * If a member doesn’t vote within 7 days, the shortlist is reassigned (up to 2 more times).
   * If no one votes, the **Merlin Spirit AI** finalizes the ranking.
3. **Final Proposal Stage**
   * Top-ranked projects from each shortlist move to **four final proposal lists**, each containing **20 startups**.
   * Community members vote again—this time to select the winner from each proposal list.
4. **Selection of Winners**
   * Four startups (one from each final proposal) are declared winners for the month.

***

💡 **In short:**\
Camelot Proposal is **more than a grant program**—it’s a **fully decentralized, recurring funding engine** where the community has real power, startups have multiple chances, and participation is rewarded.\
It blends transparency, inclusivity, and practical utility in a way that sets it apart from most DAOs in Web3.


# Excalibur Proposal

The **Excalibur Proposal** is Project Merlin DAO’s **strategic decision-making and high-impact funding process**.\
It is designed for:

* Larger, one-off grants for selected startups (**Excalibur Grant**)
* Major platform-level governance decisions (**Excalibur Governance Proposal**)

While Camelot is a recurring monthly grant program open to all qualified startups, Excalibur focuses on **special cases**—projects or decisions that require significant community attention, higher funding, or long-term strategic alignment.

***

### Purpose & Benefits

**Purpose:**\
To give the DAO the ability to fund strategic projects and make big-picture decisions that shape the entire ecosystem.

**Benefits for Startups (Excalibur Grant):**

* Opportunity to secure **future-bound grant agreements** with the DAO
* Priority access to the community’s attention and resources
* Selection through both Core Team review and community voting—ensuring quality and alignment

**Benefits for the Community (Excalibur Governance):**

* Power to vote on **key platform changes** such as:
  * Adding new ecosystem platforms
  * Allocating special budgets for events or campaigns
  * Changing operational mechanics
  * Introducing new governance rules
* Influence over strategic partnerships and DAO treasury usage
* Earn **Vote2Earn points** for participation, similar to Camelot

***

### How it works – Step by step

#### **A. Excalibur Grant (Funding Component)**

1. **Application**
   * Startups apply through the **Excalibur Grant Submission Form** (not Raven Message).
   * This form is specifically for projects aiming for strategic, high-impact funding rather than the regular monthly grants.
   * A submission fee in **MRLN tokens** equivalent to **100 USDC** is required to complete the application.
2. **Core Team Review**
   * All submitted proposals go through a **manual review** by the Project Merlin Core Team.
   * The review checks **strategic alignment, project readiness, and long-term potential**.
3. **Conditional Agreement**
   * Selected applicants sign a **future-binding grant agreement** that becomes active only if the project wins the community vote.
4. **Community Voting**
   * Holders of Project Merlin Community NFTs vote **Yes / No / Abstain** on each Excalibur Grant proposal.
   * Voting takes place on-chain via the DAO’s governance interface.
5. **Grant Award**
   * If approved, the project receives funding from the **Merlin Grant Pool**.
   * The funding amount is determined in the proposal and may be supplemented by the DAO Treasury if needed.
6. **Frequency**
   * A maximum of **one Excalibur Grant per quarter** is allowed.
   * It may not occur every quarter—only when qualified proposals are submitted and pass review.

#### **B. Excalibur Governance Proposal (Decision Component)**

1. **Proposal Creation:**
   * Originates from the Core Team or from community suggestions posted in the DAO forum.
2. **Voting Process:**
   * Community NFT holders vote on-chain.
3. **Execution:**
   * Approved proposals are binding for the Project Merlin team.
4. **Examples of Decisions:**
   * Adding a new platform like a DeFi lending module
   * Changing reward formulas for Vote2Earn
   * Allocating budget for special events

***

### Advantages over Other DAO Governance Models

* **Dual Purpose:** Handles both funding and high-level governance in one mechanism.
* **Quality Control:** Includes an initial Core Team review for strategic alignment, unlike purely open proposals that can flood the system.
* **Binding Decisions:** Approved governance proposals must be implemented—ensuring community votes have real impact.
* **Reward Incentives:** Voters earn Vote2Earn points, turning governance participation into a rewarding activity.

***

### Rewards & Distribution

* **For Startups (Excalibur Grant winners):**\
  Funding from the Merlin Grant Pool (amount varies depending on the proposal and budget).
* **For Community Members:**
  * Vote2Earn points for each voting action.
  * Points are converted into MRLN tokens quarterly if the Treasury exceeds 30% of total supply.
  * Priority access to presales or token/NFT rewards from winning projects.

***

💡 **In short:**\
The Excalibur Proposal is the DAO’s **strategic sword**—used when the community needs to make **high-impact funding decisions** or **shape the future direction of the ecosystem**.\
It complements Camelot’s recurring grants by focusing on **quality over quantity**, ensuring that the DAO’s biggest moves are deliberate, well-reviewed, and truly community-driven.


# Excalibur Grant Program

The **Excalibur Grant Program** is Project Merlin DAO’s most **exclusive and high-value funding track**, designed for startups that are strategically important for the ecosystem and have the potential for large-scale impact.

Unlike the monthly Camelot grants, the Excalibur Grant is **not open to every startup**—only to those that meet stricter criteria, demonstrate exceptional readiness, and align closely with the DAO’s long-term vision.

***

### 🎯 Purpose

To provide **exclusive, high-value support** to standout startups that can significantly grow the Project Merlin ecosystem and create sustainable value for the community.

***

### 🔹 Key Benefits for Startups

1. **Access to the Merlin Grant Pool**
   * Funding comes directly from the **Merlin Grant Pool**, separate from the regular Camelot budget.
   * This allows for **larger funding amounts** and more flexible use of resources.
2. **Exclusive for Selected Startups**
   * Only startups that pass **Core Team strategic review** and gain community approval are admitted.
   * This exclusivity increases credibility and visibility across the Web3 space.
3. **Deeper Community Engagement**
   * Winning projects get priority exposure to the Project Merlin DAO community.
   * Special AMA sessions, dedicated promotion campaigns, and cross-platform visibility.
4. **Airdrop & Presale Whitelists**
   * DAO members who vote for the winning Excalibur Grant project may get **whitelisted for the project’s token presale** or **receive airdrops** from that project.
5. **High-Value Investment Opportunities**
   * Funding packages can exceed **$500,000 USD** in combined grants, sponsorships, and investment commitments.
   * Access to early-stage private investment rounds facilitated through Funddex.
6. **Corporate Sponsorships & Credits**
   * Partnerships with leading tech companies enable winning projects to receive:
     * **Google Cloud Credits**
     * **AWS Activate Program Credits**
     * **MongoDB Atlas Credits**
     * Other ecosystem partner benefits
   * These credits can save startups **tens of thousands of dollars** in infrastructure costs.

***

### 🔹 Key Benefits for the Community

* **Direct Influence:** Members decide which startups deserve high-value strategic funding.
* **Special Access:** Voters for winning projects may receive presale allocations, airdrops, or early-access privileges.
* **Reward Boost:** Participation earns Vote2Earn points, contributing to quarterly MRLN rewards.
* **Exclusive Opportunities:** Be part of early investment rounds alongside institutional backers.

***

### 📅 Frequency & Selection

* **Maximum of one Excalibur Grant per quarter**
* Selection process:
  1. **Application** via Excalibur Grant Submission Form
  2. **Core Team Review** for strategic alignment
  3. **Community Voting** by NFT holders
  4. **Funding Award** from the Merlin Grant Pool and potential sponsor contributions

***

💡 **In short:**\
The Excalibur Grant Program is **the elite tier** of Project Merlin’s funding ecosystem—designed to give exceptional startups the resources, visibility, and partnerships they need to scale globally while keeping the DAO community deeply involved in their journey.


# Project Merlin Ecosytem

Project Merlin is a complete Web3 ecosystem that combines four powerful platforms, each designed to address a critical need for blockchain startups and the communities that support them.

* **Project Merlin DAO** – This is the core governance and funding center of the ecosystem. It allows startups to apply for grants, gain visibility, and receive funding through transparent, community-driven processes. DAO members vote on which projects to support, and successful proposals receive financial backing directly from the DAO Treasury.
* **Freelify.io** – A specialized freelance marketplace for the blockchain industry. Here, startups can find experienced developers, designers, marketers, and other professionals. Payments can be made in cryptocurrency or by credit card, making it easy for projects to hire globally without restrictions. Freelancers gain access to consistent, Web3-focused job opportunities and monthly grant-funded job postings.
* **Taskium.io** – A task-based community engagement platform that helps projects grow their audience and increase brand awareness. Startups can create reward-based campaigns, where participants complete simple tasks to earn rewards, whitelists, or airdrops. This helps projects quickly build trust and visibility while rewarding active supporters.
* **Funddex.io** – A fair and transparent launchpad combined with a decentralized exchange (DEX). Startups can raise funds for their token launches, list their tokens instantly, and secure liquidity without hidden deals or unfair allocation systems. Investors benefit from early access to vetted projects and a secure, equal-opportunity investment environment.

All four platforms are designed to work together seamlessly. A startup can enter the ecosystem through the DAO, hire talent via Freelify.io, build a strong community using Taskium.io, and finally launch and trade their token on Funddex.io.

The mission is simple but powerful: **to give startups every tool they need to succeed in one ecosystem, and to reward the community for being an active part of that journey.**

### Business Model – Revenue Flow

Project Merlin’s business model is designed to be **self-sustaining and growth-focused**.\
Each platform in the ecosystem — **Project Merlin DAO, Freelify.io, Taskium.io, and Funddex.io** — generates revenue through its own operations:

* **DAO** – Submission fees for grant applications, token-based voting fees, and sponsorships.
* **Freelify.io** – Service fees on completed transactions between freelancers and startups.
* **Taskium.io** – Campaign hosting fees and token deposit requirements for reward pools.
* **Funddex.io** – Listing fees, liquidity provisioning fees, and a small transaction fee on trades.

***

### **Revenue Distribution**

1. **DAO Treasury Allocation** – The majority of all platform revenues flow directly into the DAO Treasury.
2. **Startup Support** – Funds are used for grants, strategic investments, and liquidity support for promising projects.
3. **Community Rewards** – Active participants, NFT holders, and Vote2Earn contributors receive periodic rewards from surplus Treasury funds.
4. **Operational Costs** – A small portion covers platform maintenance, development, and security.

This creates a **continuous reinvestment cycle**: platform activity generates revenue → revenue funds startups and community → funded startups create more ecosystem activity → and the cycle repeats.

***

### **Why It’s Attractive**

* **One Ecosystem, Multiple Revenue Streams** – Diverse income sources reduce dependency on any single platform or market trend.
* **Aligned Incentives** – The more active the community and startups are, the larger the Treasury grows, benefiting everyone involved.
* **Scalable Model** – As more startups join and succeed, platform usage — and therefore revenue — increases exponentially.
* **Community Ownership** – Revenue is redistributed to both the builders (startups) and the supporters (community), fostering loyalty and long-term engagement.


# Freelify.io

The Web3-Exclusive Freelance Marketplace

**Freelify.io** is a freelance marketplace built exclusively for blockchain and Web3 projects, connecting startups with skilled professionals in development, design, marketing, and more.\
Its mission is to replace the slow, high-fee, and Web3-unfriendly structure of traditional freelance platforms with **instant crypto payments**, **lower costs**, and **secure work processes** tailored for the Web3 industry.

***

#### **Purpose & Benefits**

* **For Startups:** Quickly and securely build your technical team with professionals who understand the Web3 space.
* **For Freelancers:** Get hired by global Web3 projects that need your skills in blockchain, design, development, or marketing.
* **For the DAO Ecosystem:** Every transaction contributes revenue to the Project Merlin DAO Treasury, funding grant programs and reward pools.

***

#### **Payment System**

**How Freelancers Get Paid**

* All payments are made in **cryptocurrency** (MRLN, USDT, USDC, etc.).
* Funds are released instantly to the freelancer’s wallet once the work is approved.
* No banking delays—earnings can be withdrawn **24/7**.

**How Clients Pay**

* Pay in **cryptocurrency** (MRLN, USDT, USDC, etc.) directly from a wallet.
* Or pay via **credit card**, making Freelify.io accessible even to clients who don’t hold crypto.

***

#### **Advantages of Freelify.io**

**1. Web3-Focused**

* Unlike general platforms like Upwork or Fiverr, Freelify.io is purpose-built for Web3 projects, with tailored filtering, payment methods, and workflows.

**2. Lower Fees, Higher Earnings**

* Traditional freelance platforms can take up to 20% in fees—Freelify.io offers much lower rates so you keep more of what you earn.

**3. DAO-Backed Revenue Model**

* A significant share of Freelify.io’s revenue goes to the **Project Merlin DAO Treasury**.
* These funds support **Camelot & Excalibur grant pools**, **Vote2Earn rewards**, and ecosystem growth initiatives.

**4. Guaranteed Work Opportunities**

* Each month, Freelify.io generates **$20,000 worth of MRLN token job requests** funded by the DAO, giving freelancers consistent work opportunities.

***

#### **Key Differences from Competitors**

* 100% **Web3-exclusive** marketplace (competitors are Web2-first).
* **Instant crypto payouts** (competitors often hold funds for weeks).
* **DAO-backed revenue sharing** (competitors keep all platform profits).
* **Built-in grant opportunities & ecosystem support** (competitors only provide job listings).
* **Dual payment options**—crypto and credit card (rare in competing platforms).


# Taskium.io

Task-Based Community Engagement Platform

**Taskium.io** is a Web3-native platform that helps startups grow their communities through **reward-based tasks**. It empowers projects to directly incentivize user engagement while giving participants (hunters) a fair and transparent way to earn rewards for supporting early-stage startups.

***

#### **Purpose & Benefits**

* **For Startups:** Build strong, active, and loyal communities by rewarding users for completing meaningful tasks such as following social channels, sharing announcements, or joining product betas.
* **For Hunters:** Gain early access to projects, complete simple tasks, and earn rewards in tokens, NFTs, or whitelists—all with zero investment risk.
* **For the Ecosystem:** Every campaign fuels awareness for DAO-backed startups, strengthening the overall Project Merlin ecosystem.

***

#### **Key Features**

**1. Standard Campaigns**

* Create detailed, multi-step task campaigns to drive awareness, engagement, and conversions.
* Customizable task verification options, including manual checks or automated proof systems.

**2. Pop-Task (Instant Task Mode)**

* A **fast-track campaign format** where startups can launch up to **three simple tasks** without creating a full campaign space.
* Rewards are **pre-deposited in tokens** to guarantee payouts instantly after task completion.
* Ideal for quick promotional pushes, product announcements, or urgent community calls-to-action.

**3. AI-Powered Task Matching&#x20;*****(Upcoming)***

* Intelligent matching of tasks to the most relevant and active community members.
* Predictive reward allocation—ensuring your budget reaches the most engaged and high-value participants.
* AI-driven analytics to measure campaign performance and suggest optimization strategies.

***

#### **Why Taskium.io is More Effective**

* Designed specifically for **Web3 growth needs**—all campaigns and verification systems are blockchain-compatible.
* Offers both **short-term instant impact** (Pop-Task) and **long-term growth strategies** (standard campaigns).
* **No wasted budget**—pre-deposited rewards ensure only verified completions are paid.
* Supports **multi-chain reward distribution** in MRLN, USDT, USDC, and partner tokens.
* Integrated **whitelist and airdrop allocation tools** for projects preparing token launches.

***

#### **Payment & Reward Flow**

**For Startups:**

* Deposit campaign rewards in tokens (MRLN, USDT, USDC, or other supported assets).
* Set task requirements and verification rules.
* Monitor real-time progress via the campaign dashboard.

**For Hunters:**

* Complete tasks such as social follows, article reads, beta testing, or AMA participation.
* Once verified, rewards are **instantly distributed** to your connected wallet.

***

#### **Ecosystem Impact**

* Campaign revenues feed into the **Project Merlin DAO Treasury**, supporting **Vote2Earn rewards, grant funding, and ecosystem expansion**.
* Helps DAO-backed startups gain market traction faster, increasing the success rate of funded projects.


# Funddex.io

The Fair & Transparent Web3 Launchpad + DEX

**Funddex.io** is a hybrid **launchpad and decentralized exchange (DEX)** built to give startups and investors a **fair, transparent, and community-driven** fundraising environment.\
Unlike conventional launchpads with hidden deals and unpredictable fees, Funddex.io operates under **equal rights for all participants**, ensuring startups get real support and investors access vetted opportunities.

***

#### **Purpose & Benefits**

* **For Startups:** Raise early-stage funding through a fair and transparent system, backed by the Project Merlin DAO community.
* **For Investors:** Access exclusive early-stage projects with equal participation rights and no hidden agreements.
* **For the Ecosystem:** Launchpad fees contribute directly to the **DAO Treasury**, powering grants, rewards, and ecosystem growth.

***

#### **Key Features**

**1. Fair Launch Policy**

* No private backroom deals—every participant has the same investment terms.
* Startups are vetted by the DAO community before listing.

**2. Multi-Chain Launchpad**

* Supports token launches on multiple EVM-compatible chains including BNB Chain, Arbitrum, Polygon, and more.

**3. Integrated DEX for Instant Liquidity**

* Projects listed on Funddex.io gain **immediate liquidity** via the built-in DEX.
* Supports **MRLN, USDT, USDC, and partner tokens** for trading pairs.

**4. Equal Access for All**

* Allocation limits ensure no single investor dominates a round.
* Community whitelists give active DAO members priority access.

***

#### **Advantages Over Traditional Models**

* **Transparent Listing Fees:** No unpredictable launchpad pricing—standardized and fair for all startups.
* **DAO-Backed Exposure:** Projects gain direct support from the Project Merlin community and ecosystem tools.
* **Liquidity Security:** A portion of raised funds is locked for liquidity to prevent early dump risks.
* **Investor Protection:** Community-voted project selection reduces the risk of low-quality launches.

***

#### **Payment & Funding Flow**

**For Startups:**

* Pay a standardized listing fee in MRLN tokens.
* Deposit a portion of raised funds for liquidity lock.
* Launch your token sale with guaranteed exposure to the DAO community.

**For Investors:**

* Participate in token sales directly via connected wallet.
* Trade instantly on Funddex.io’s DEX after launch.
* Earn from early access to vetted projects.

***

#### **Ecosystem Impact**

* Launchpad and DEX revenues contribute to the **Project Merlin DAO Treasury**.
* Strengthens funded startups, increases token utility, and keeps liquidity within the ecosystem.


# Technical Details

Project Merlin's technical infrastructure is designed as a multi-chain, interoperable ecosystem, supporting both EVM (Ethereum Virtual Machine) and SVM (Solana Virtual Machine) networks. The platform currently operates on Polygon (EVM), Avalanche (EVM), Base Network (EVM), BNB Smart Chain (EVM), Arbitrum (EVM), Optimism (EVM), and Solana (SVM). These networks were selected for their reliability, low transaction fees, strong community support, wide adoption, and strategic use cases, ensuring that Project Merlin remains universally accessible and cost-efficient for users worldwide.

<figure><img src="/files/Qc68BAvfO6eRQLwvYLzV" alt=""><figcaption></figcaption></figure>

> 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.


# Governance Structure

The **governance model** of Project Merlin is designed to ensure that decision-making is **transparent**, **community-driven**, and **efficient**.\
It combines **DAO-based voting**, **task-based participation**, and **on-chain execution** to create a fair and inclusive ecosystem.

<figure><img src="/files/lWsONv1iZo27cie5JzFR" alt="" width="375"><figcaption></figcaption></figure>

### 1. Core Principles

Project Merlin’s governance is built on three core principles:

1. **Decentralization** – No single entity controls the ecosystem.
2. **Transparency** – All proposals, votes, and results are publicly recorded on-chain.
3. **Merit-Based Rewards** – Active participants are rewarded based on measurable contributions.

***

### 2. Key Governance Components

#### **a. Project Merlin DAO**

The central decision-making body where Community NFT holders vote on proposals that shape the ecosystem.\
The DAO decides on:

* Which startups receive funding (Camelot & Excalibur Grants)
* Ecosystem budget allocations
* Platform improvements and feature priorities
* Strategic partnerships and integrations

#### **b. Community NFTs**

Owning a Community NFT is **mandatory** to participate in governance.\
NFT holders:

* Gain voting rights in all DAO proposals
* Earn rewards through the Vote2Earn program
* Receive exclusive benefits such as presale whitelists and airdrops

#### **c. Vote2Earn (V2E) System**

A gamified governance incentive program:

* Members earn points for voting on proposals and completing assigned governance tasks.
* Points are converted into MRLN token rewards every quarter, provided the DAO Treasury exceeds 30% of the total token supply.

#### **d. Proposal Types**

* **Camelot Proposal** – Early-stage funding grants of $25,000 in MRLN tokens.
* **Excalibur Proposal** – Exclusive grant program for high-potential startups, with funding exceeding $500,000 and additional partnership benefits.

***

### 3. Governance Workflow

1. **Proposal Submission**
   * Startups submit funding requests via **Raven Message** (for Camelot) or **Grant Submission Form** (for Excalibur).
   * Submission fees are paid in MRLN tokens.
2. **Shortlisting Phase**
   * DAO members review and vote on proposals.
   * Proposals with the highest votes move to the final stage.
3. **Final Voting**
   * DAO members vote again to select winners.
   * Votes are weighted equally—every NFT holder has the same power.
4. **Funding & Execution**
   * Approved proposals receive grants directly from the DAO Treasury.
   * Funds are disbursed on-chain to ensure transparency.
5. **Rewards Distribution**
   * DAO members earn V2E points for participation.
   * Points are converted into MRLN rewards every quarter.

***

### 4. Benefits of the Governance Model

* **Equal Voice** – Every NFT holder has equal voting power, preventing centralization.
* **Transparent Process** – All actions are verifiable on-chain.
* **Incentivized Participation** – Members are rewarded for being active, not just for holding assets.
* **Startup Support** – Funding is allocated based on community decision, ensuring projects meet real user demand.
* **Scalability** – The system can integrate future proposal types and new decision-making modules without disrupting current operations.

***

### 5. Mission & Vision of Governance

* **Mission** – Empower the global Web3 community to collaboratively build, fund, and scale projects through a fair and transparent governance model.
* **Vision** – Create the world’s most effective DAO-driven ecosystem, where **every vote counts**, **every participant benefits**, and **every decision is community-led**.


# Vote to Earn

Project Merlin is a multi-chain Web3 platform that redefines DAO governance and crowdfunding.\
Its **Vote2Earn (V2E)** mechanism rewards community members for actively participating in governance decisions, rather than simply holding tokens or NFTs.

By voting on proposals such as **Camelot** and **Excalibur Grants**, NFT holders influence funding decisions and earn **MRLN token rewards** based on their engagement.\
This model ensures governance remains transparent, merit-based, and driven by active contributors.

<figure><img src="/files/0igb4i0QINDt4s0v9cOv" alt="" width="375"><figcaption></figcaption></figure>

### 🗳 How It Works – Vote2Earn (V2E) Mechanism

1. **Eligibility**
   * Hold at least **one Project Merlin Community NFT**.
   * Participate in at least one governance vote during the quarter.
2. **Voting Opportunities**
   * Proposals include **Camelot Grants**, **Excalibur Grants**, and operational DAO decisions.
   * Each vote earns **Vote2Earn Points**.
3. **Additional Contributions**
   * Members may complete DAO-assigned governance tasks for **bonus points**.
4. **Quarterly Assessment**
   * At the end of each quarter, the DAO Treasury is reviewed.
   * If holdings exceed **30% of total token supply**, rewards are distributed.
5. **Reward Distribution**
   * Points are converted into **MRLN tokens** proportionally.
   * Payouts are sent on-chain directly to eligible wallets.
   * Maximum reward per member is capped at **3× the average floor price** of the Community NFT for that quarter.

### Governance Impact

The **Vote2Earn** mechanism transforms governance from a passive right into an active, rewarding experience.\
Instead of limiting decision-making to a small group of insiders, Project Merlin ensures that **every Community NFT holder has a real voice** in shaping the ecosystem’s future.

Every vote cast on proposals—whether it’s a **Camelot Grant** deciding which startup receives $25,000 in funding, or an **Excalibur Grant** awarding over $500,000 in combined benefits—directly influences how the DAO’s resources are allocated.\
This means your participation has a measurable, on-chain impact on which ideas succeed, which teams get funded, and how the ecosystem evolves.

The model is **merit-based**: those who contribute the most through voting and completing governance tasks are the ones who earn the most rewards. All voting data is recorded transparently on the blockchain, ensuring fairness and accountability at every step.

By linking influence with measurable contributions, Vote2Earn creates a **governance system that is transparent, inclusive, and truly community-driven**—turning active members into stakeholders in the project’s success.

***

### Benefits for the Ecosystem

The Vote2Earn system creates a win-win dynamic for **both the community and the DAO**:

#### For Community Members

* **Real Influence** – Your vote directly determines which projects receive funding, partnerships, and growth opportunities.
* **Tangible Rewards** – Earn MRLN tokens every quarter based on your participation level. The more you engage, the more you benefit.
* **Exclusive Access** – Gain priority access to airdrops, presales, and special ecosystem events available only to active governance participants.
* **Recognition** – Build a reputation within the DAO as a trusted contributor and decision-maker.

#### For the DAO

* **Higher Engagement** – More members actively participate in decision-making, leading to better-informed outcomes.
* **Better Decisions** – Proposals are evaluated by a wide and diverse group, improving decision quality.
* **Sustainable Growth** – Rewards are only distributed when the DAO Treasury is healthy, protecting long-term stability.
* **Stronger Community Bonds** – Members feel ownership of the ecosystem, making them more loyal and committed over time.


# NFTs (Non-Fungible Tokens)

**Project Merlin Community NFTs** are your **membership keys** to the heart of the ecosystem—the **DAO (Decentralized Autonomous Organization)**.

Owning one isn’t just an option—it’s the **only** way to unlock **full participation** in Project Merlin’s decision-making, reward systems, and exclusive opportunities.

These NFTs go far beyond being simple digital collectibles. They are **functional, utility-driven assets** that serve as your personal access pass to:

* **Voting power** in all DAO proposals—decide which startups receive funding and how the ecosystem evolves.
* **Reward eligibility** through the Vote2Earn program—earn points for participation and convert them into MRLN tokens every quarter.
* **Special privileges** like presale whitelists, airdrops, and early access to new platform features or partner campaigns.

In short, a Project Merlin Community NFT is more than proof of ownership—it is your **seat at the table**, your **voice in governance**, and your **gateway to rewards** in a growing global Web3 ecosystem.

<figure><img src="/files/tasgpw4WQzdUl4nczgcS" alt=""><figcaption></figcaption></figure>

### Why do you need one?

Owning a Community NFT unlocks:

* **Voting Rights in the DAO**\
  Participate in **Camelot** and **Excalibur** Proposals, decide which startups get funded, and influence major platform decisions.
* **Access to Vote2Earn Rewards**\
  Earn points for every completed voting task. These points are converted into **MRLN token rewards** every quarter if the Treasury holds more than 30% of the total supply.
* **Priority Access**\
  Get whitelisted for presales, airdrops, and exclusive partner campaigns from projects funded by the DAO.
* **Community Recognition**\
  Your NFT acts as a badge of membership—showing you are part of the decision-making group shaping the future of the ecosystem.

***

### How NFTs are used in the Vote2Earn (V2E) mechanism

1. **Eligibility**
   * Only users who **own and link** a Project Merlin Community NFT to their platform account can earn Vote2Earn points.
   * Linking is done via your connected wallet.
2. **Earning Points**
   * **Shortlist Vote:** +5 points
   * **Final Vote:** +10 points
   * **Matching Bonus:** Up to +35 points per shortlist for accuracy
   * **Extra Tasks:** Points for completing reassigned tasks
3. **Quarterly Rewards**
   * At the end of each quarter, all points are calculated.
   * If the DAO Treasury holds more than 30% of the total MRLN supply, the **excess tokens** are distributed among NFT holders proportionally to their points.
   * Formula:

     ```
     mathematicaKopyalaDüzenleReward per Point = (Excess Treasury Tokens) / (Total Points)
     ```
4. **Claiming Rewards**
   * Rewards can be claimed once they exceed **10 USDC worth of MRLN**.
   * Claims are made via the Project Merlin platform, and tokens are sent to your chosen blockchain network.

***

### Transfer Rules

* **One Account Per Cycle**\
  An NFT can only be linked to **one account** during a voting cycle.
* **Mid-Cycle Transfers**\
  If you sell or transfer your NFT during an active cycle, the new owner must wait until the next cycle to activate their community status.
* **Rewards Ownership**\
  Rewards earned in a cycle stay with the account that held the NFT during that cycle.

***

### How to get a Community NFT

1. **Primary Sale**
   * Buy directly from Project Merlin during official NFT sale events.
   * Pay with MRLN tokens or other accepted cryptocurrencies.
2. **Secondary Market**
   * Purchase from other users via the **official Project Merlin NFT Marketplace** at **nft.projectmerlin.io**.
   * All trades are on-chain, and ownership is instantly updated.
3. **Royalties**
   * Every secondary sale includes a **7.5% royalty fee**, which supports the DAO Treasury and community reward pools.

***

### Why they matter

Community NFTs are **the gateway to influence and rewards** in the Project Merlin ecosystem.\
Without one, you can still explore the platform—but you **cannot vote, earn Vote2Earn rewards, or access exclusive presales and airdrops**.

Owning a Community NFT means:

* You have a **say** in where the ecosystem’s resources go
* You can **earn** from your participation
* You are **recognized** as part of the core decision-making group

***

💡 **In short:**\
A Project Merlin Community NFT is your ticket to **governance, rewards, and exclusive opportunities** in a global Web3 ecosystem—backed by transparent, on-chain processes and a thriving community.


# NFT Marketplace

Project Merlin offers a comprehensive NFT Marketplace for buying, selling, and trading NFTs. The platform provides community members and external participants the opportunity to purchase, sell, and exchange Community, Editor, and Senator NFTs.

<table data-view="cards" data-full-width="true"><thead><tr><th align="center"></th><th align="center"></th></tr></thead><tbody><tr><td align="center"><mark style="color:green;"><strong>Transparency and Security</strong></mark></td><td align="center">All transactions are recorded using blockchain technology, ensuring the highest level of transparency and security.</td></tr><tr><td align="center"><mark style="color:orange;"><strong>Royalty System</strong></mark></td><td align="center">A 7.5% royalty is taken from the sale amount on secondary market NFT sales, contributing to the project's sustainability. This system helps support NFT creators and the project's long-term growth.</td></tr><tr><td align="center"><mark style="color:yellow;"><strong>Easy Access &#x26; Broad User Base</strong></mark></td><td align="center">The Marketplace features a user-friendly interface, allowing users of various levels to easily access and trade NFTs. Additionally, the platform's broad user base offers a wide market for NFTs.</td></tr></tbody></table>

Project Merlin's NFT ecosystem and Marketplace support the platform's democratic, transparent, and community-focused structure. Community, Editor, and Senator NFTs allow users to play active roles on the platform, direct projects, and contribute to the platform's future. Sponsorship NFTs represent an innovative way to provide financial support and gain visibility on the platform.

The NFT Marketplace provides a secure, fair, and accessible environment for digital asset transactions, contributing to the growth of users and projects. By leveraging NFT technology, Project Merlin maximises the opportunities offered by blockchain, supporting community participation, project financing, and the platform's overall sustainability.


# NFT Auction

NFT Auction Feature Between Community Members

In addition to the NFT Marketplace, Project Merlin offers the NFT Auction feature, allowing users the opportunity to sell their NFTs to other community members. To access the NFT Auction platform, users can visit the dedicated section on the Project Merlin website: [www.projectmerlin.io/NFT/Auction ](<https://docs.projectmerlin.io/projectmerlin/about-the-dao/nfts-non-fungible-tokens/www.projectmerlin.io/NFT/Auction >)\
This platform specifically presents NFTs suitable for resale, catering to users interested in participating in auctions.

### Key Features of NFT Auction Feature

**NFT Sales via Auction:** \
NFTs are exclusively sold through the NFT auction system. Instead of a fixed price, the auction allows for competitive bidding among potential buyers. The starting price for the auction is determined by the current owner (the NFT holder).

**Bid Visibility and Listing:** \
Once an NFT is listed for auction, it becomes visible to potential buyers. Bidders can place their offers by submitting bids on the NFT they are interested in acquiring. The auction listing displays the highest bid amount at any given time.

**Non-Removal of NFTs:** \
Once an NFT has received a bid in the auction, it cannot be removed from the auction listing. This ensures transparency and fairness throughout the bidding process.

**Auction Duration:** \
When an NFT receives a bid, a countdown timer of 48 hours begins. During this period, potential buyers have the opportunity to submit higher bids to secure ownership of the NFT. At the end of the 48-hour timeframe, the auction concludes.

**Highest Bidder Becomes the New Owner:** \
At the conclusion of the auction, the user who has submitted the highest bid within the 48-hour period becomes the new owner of the NFT. They are granted ownership rights and all associated privileges tied to that specific NFT.

**NFT Expiration:** \
When a Senator or an Editor NFT expires, the user loses access to its associated features. It's important to keep track of the validity period of the NFT to make the most of its capabilities. However, when the NFT loses its feature, it remains as a souvenir and can be sold at the marketplace. The fact that NFT has lost its property does not mean that it is worthless. It may have other uses in the future.


# Merlin Token ($MRLN)

The Utility Token Powering the Project Merlin Ecosystem

**Merlin Token (MRLN)** is the **native utility token** of the Project Merlin ecosystem.\
It is designed **exclusively** to enable access to services, participate in governance, and unlock platform-specific features within Project Merlin’s multi-chain infrastructure.

MRLN is **not** intended as a financial investment or speculative asset.\
Instead, it serves as the **functional currency** that connects all four core platforms—**Project Merlin DAO, Freelify.io, Taskium.io, and Funddex.io**—into a unified Web3 environment.

By holding and using MRLN, participants can:

* Submit proposals and applications for startup funding.
* Vote on ecosystem decisions through the **Vote2Earn** mechanism.
* Access exclusive community benefits, NFT ownership rights, and gated services.
* Pay for products and services offered within the Project Merlin ecosystem.

This structure ensures that the token’s demand is based on **real, recurring utility** rather than external market speculation.

***

### 1. Governance & Participation

MRLN acts as the **access key** to Project Merlin’s governance system.

* **Voting Rights:** Community NFT holders use MRLN to actively participate in voting on **Camelot** and **Excalibur Grant** proposals, DAO policies, and ecosystem upgrades.
* **Proposal Submission:** Startups must pay application fees in MRLN to submit their projects for funding consideration, ensuring that applicants are committed and serious.
* **On-Chain Record:** All governance actions are transparently recorded on the blockchain, protecting fairness and accountability.

***

### 2. Grants & Startup Support

* **Raven Message Funding:** Startups can collect community contributions in MRLN for up to **30 days**, gaining early supporters and resources.
* **Grant Disbursement:** Approved Camelot and Excalibur Grants are distributed entirely in MRLN, reinforcing its role as the funding currency of the ecosystem.
* **Quality Control:** By requiring MRLN for submissions, only prepared and committed teams participate in funding rounds.

***

### 3. Rewards & Incentives

* **Vote2Earn (V2E):** Community members earn quarterly MRLN rewards based on their voting activity and contribution level.
* **Taskium Engagement:** Users completing promotional or community-building tasks on Taskium.io can earn MRLN rewards.
* **Ecosystem Loyalty Benefits:** Active members can access exclusive NFT drops, presales, and gated events using MRLN.

***

### 4. Service Payments & Marketplace Currency

* **Freelify.io Payments:** MRLN can be used to hire blockchain-focused freelancers or pay for services in the marketplace.
* **Funddex.io Participation:** Investors can join early-stage fundraising rounds using MRLN.
* **NFT Purchases:** Community NFTs, which are required for governance participation, can be purchased with MRLN.

***

### 5. RavenU Business Model & Token Sustainability

The **RavenU Business Model** ensures MRLN’s utility is **sustained by real platform demand**:

* **Service-Driven Demand:** Fees, NFT sales, and marketplace transactions require MRLN.
* **Ecosystem Recycling:** A share of platform revenue is directed back to the DAO Treasury in MRLN, funding grants and rewards.
* **Cross-Platform Integration:** MRLN works across all Project Merlin platforms, ensuring every user action strengthens the token’s role in the ecosystem.

***

### 6. Summary of MRLN Utilities

**For Startups:**

* Access to funding, community exposure, and DAO support.
* Payment method for technical services and promotional campaigns.

**For Community Members:**

* Voting rights in key ecosystem decisions.
* Rewards for active participation and task completion.
* Access to exclusive NFTs, events, and early-stage opportunities.

**For the Ecosystem:**

* A unified, service-based token economy.
* Sustainable demand through utility-driven use cases.
* Transparent, on-chain record of governance and funding flows.


# Tokenomics

Introducing **Project Merlin Tokenomics**<img src="/files/ONC12tCiCIDlSTS5j29L" alt="" data-size="line">, your guide to understanding the distribution and allocation of Merlin **(MRLN)** tokens. Our mission is to foster a fair and sustainable ecosystem that nurtures the advancement and expansion of the Project Merlin.

<figure><img src="/files/BDJoT9dncMNBKT5fFrMS" alt="" width="375"><figcaption></figcaption></figure>

### **Tokenomics**

The total supply of **$MRLN** is fixed at **800,000,000 tokens**, with no future minting. Distribution is designed to ensure sustainable growth, market stability, and long-term ecosystem development.

***

#### **Seed Sale (5%)**

* **Total token amount:** 40,000,000
* **Token amount released at token generation event (TGE):** 10%
* **Cliff:** 3 months after TGE
* **Vesting:** Linear over 9 months

***

#### **Public Sale (4%)**

* **Total token amount:** 32,000,000
* **Token amount released at TGE:** 100%
* **Cliff:** None
* **Vesting:** None

***

#### **Stake Pool (1%)**

* **Total token amount:** 8,000,000
* **Token amount released at TGE:** 0%
* **Cliff:** None
* **Vesting:** Linear over 8 months

***

#### **Operations (7%)**

* **Total token amount:** 56,000,000
* **Token amount released at TGE:** 0%
* **Cliff:** 1 month after TGE
* **Vesting:** Linear over 40 months

***

#### **Marketing (5%)**

* **Total token amount:** 40,000,000
* **Token amount released at TGE:** 0%
* **Cliff:** 1 month after TGE
* **Vesting:** Linear over 25 months

***

#### **Dev Team (8%)**

* **Total token amount:** 64,000,000
* **Token amount released at TGE:** 0%
* **Cliff:** 5 months after TGE
* **Vesting:** Linear over 50 months

***

#### **Grants (15%)**

* **Total token amount:** 120,000,000
* **Token amount released at TGE:** 0%
* **Cliff:** 8 months after TGE
* **Vesting:** Linear over 30 months

***

#### **Merlin Treasury (30%)**

* **Total token amount:** 240,000,000
* **Token amount released at TGE:** 0%
* **Cliff:** 8 months after TGE
* **Vesting:** Linear over 40 months

***

#### **Liquidity (18%)**

* **Total token amount:** 144,000,000
* **Token amount released at TGE:** 25%
* **Cliff:** 1 month after TGE
* **Vesting:** Linear over 16 months

***

#### **D/CEX Community (5%)**

* **Total token amount:** 40,000,000
* **Token amount released at TGE:** 60%
* **Cliff:** None
* **Vesting:** None

***

#### **Airdrop (2%)**

* **Total token amount:** 16,000,000
* **Token amount released at TGE:** 0%
* **Cliff:** 3 months after TGE
* **Vesting:** Linear over 8 months

***

**Maximum Supply: 800,000,000 MRLN**

**Initial Supply: 96,000,000 MRLN**\
\
**Initial Market Cap (w/o Liq):** $3,000,000 USD

**Initial Market Cap:** $4,800,000 USD<br>


# Team

The Minds Behind the Magic

<table data-view="cards" data-full-width="true"><thead><tr><th align="center"></th><th align="center"></th><th align="center"></th><th align="center"></th></tr></thead><tbody><tr><td align="center"><img src="/files/Gkixln5rdIM2gvYNpIdB" alt="" data-size="original"></td><td align="center"><strong>Hakan Bektaş</strong></td><td align="center">Co-Founder - CEO</td><td align="center"><a href="https://www.linkedin.com/in/bektashakan/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/lTfJ2VrfvygXC3S9OOmc" alt="" data-size="original"></td><td align="center"><strong>Çağrı İmal</strong></td><td align="center">Co-Founder - COO</td><td align="center"><a href="https://www.linkedin.com/in/cagriimal/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/VuUT0tF8n5zdrWXa8baZ" alt="" data-size="original"></td><td align="center"><strong>Iqbal Singh</strong></td><td align="center">Chief Technology Officer</td><td align="center"><a href="https://www.linkedin.com/in/iqbalsinghbhatti/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"></td><td align="center"><img src="/files/47WNMkmLDaUZj3AWtHTY" alt="" data-size="original"></td><td align="center"></td><td align="center"></td></tr><tr><td align="center"><img src="/files/r48eo8X4uEnn2Wo8OBRx" alt="" data-size="original"></td><td align="center"><strong>Nazım Karaalp</strong></td><td align="center">Chief Marketing Officer</td><td align="center"><a href="https://www.linkedin.com/in/nazım-karaalp-a35331160/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"></td><td align="center"><img src="/files/wuhQmzbCjPwUqBSEvlZG" alt="" data-size="original"></td><td align="center"></td><td align="center"></td></tr></tbody></table>

***

<table data-view="cards"><thead><tr><th align="center"></th><th align="center"></th><th align="center"></th><th align="center"></th></tr></thead><tbody><tr><td align="center"><img src="/files/E5aWQ0LYXOoKCesAQNrA" alt="" data-size="original"></td><td align="center"><strong>Mete Ali Baskaya</strong></td><td align="center">Academic Advisor</td><td align="center"><a href="https://www.linkedin.com/in/metealibaskaya/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/xzRMLrJ8eiqo4G0AT7jV" alt="" data-size="original"></td><td align="center"><strong>Elif Hilal Umucu</strong></td><td align="center">Legal Counsel</td><td align="center"><a href="https://www.linkedin.com/in/elif-hilal-umucu/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/wfyhQHW42Kt5fI7cY0xQ" alt="" data-size="original"></td><td align="center"><strong>Suna Dondar</strong></td><td align="center">Legal Counsel</td><td align="center"><a href="https://www.linkedin.com/in/av-suna-döndar-5a1b3020a/"><strong>Linkedin</strong></a></td></tr></tbody></table>

***

<table data-view="cards"><thead><tr><th align="center"></th><th align="center"></th><th align="center"></th><th align="center"></th></tr></thead><tbody><tr><td align="center"><img src="/files/glp6TYUWYnvWs34ylvGK" alt="" data-size="original"></td><td align="center"><strong>Kubilay Serbest</strong></td><td align="center">Growth Marketing Manager</td><td align="center"><a href="https://www.linkedin.com/in/kubilay-serbest/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/etahVmqeQrJXG5aYkYC4" alt="" data-size="original"></td><td align="center"><strong>Hasan Mumcu</strong></td><td align="center">Community Manager</td><td align="center"><a href="https://www.linkedin.com/in/hasannmumcu/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/eNoCMUtHn0IIxJrnBqcN" alt="" data-size="original"></td><td align="center"><strong>Onur Yücel</strong></td><td align="center">Developer Team Lead</td><td align="center"><a href="https://www.linkedin.com/in/yasin-onur-yücel-2023de/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/LO7YbCj9y4OjnAv5duTg" alt="" data-size="original"></td><td align="center"><strong>Muharrem Ozel</strong></td><td align="center">Art Director</td><td align="center"><a href="https://www.linkedin.com/in/mahoni/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/U4aGVk34lCDDZIZyjqwP" alt="" data-size="original"></td><td align="center"><strong>Queen Williams</strong></td><td align="center">Public Relations Director</td><td align="center"></td></tr><tr><td align="center"><img src="/files/3XlEpvBIxg3NhHhHcg5W" alt="" data-size="original"></td><td align="center"><strong>Jigyasa Malhotra</strong></td><td align="center">Project Coordinator</td><td align="center"><a href="https://www.linkedin.com/in/jigyasa-malhotra-729476146/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/22R7WAa5pA5rbL8vHRLz" alt="" data-size="original"></td><td align="center"><strong>Malkeet Singh</strong></td><td align="center">Blockchain Solution Architect</td><td align="center"><a href="https://www.linkedin.com/in/malkeet-singh-4b2ba1153/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/qsmYVuUmjfuOesBddfp9" alt="" data-size="original"></td><td align="center"><strong>MUNISH SANGRA</strong></td><td align="center">Sr. Content Strategist</td><td align="center"><a href="https://www.linkedin.com/in/munishsangra/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/nZ4nUQl8mu87NcoVAkwL" alt="" data-size="original"></td><td align="center"><strong>ASHUTOSH MAURYA</strong></td><td align="center">Sr. Software Developer</td><td align="center"><a href="https://www.linkedin.com/in/ashutosh-kumar-1363b0162/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/uOY9UrPizUbGgxnMVs7r" alt="" data-size="original"></td><td align="center"><strong>AKSHAY GARG</strong></td><td align="center">Sr. DevOps Engineer</td><td align="center"><a href="https://www.linkedin.com/in/akshay-garg-20ba03152/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/rubpRwpjlL1qsAL55h1I" alt="" data-size="original"></td><td align="center"><strong>MANISH JINDAL</strong></td><td align="center">QA Engineer</td><td align="center"><a href="https://www.linkedin.com/in/manish-jindal-57a009114/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/zPFARcLuK0zi7FDvTkB0" alt="" data-size="original"></td><td align="center"><strong>RIDHIM RAIZADA</strong></td><td align="center">Software Developer</td><td align="center"><a href="https://www.linkedin.com/in/ridhim-singh-raizada-811832116/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/DjQ3ZvKZ8u7QTc9aorEo" alt="" data-size="original"></td><td align="center"><strong>DEEPAK MINHAS</strong></td><td align="center">Software Developer</td><td align="center"><a href="https://www.linkedin.com/in/deepak-thakur-64b13524b/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/PpnLvlD2EUZl1x3CYUVi" alt="" data-size="original"></td><td align="center"><strong>ERGIN YANAR</strong></td><td align="center">Artist</td><td align="center"><a href="https://www.linkedin.com/in/erginyanar/"><strong>Linkedin</strong></a></td></tr><tr><td align="center"><img src="/files/66LvKem1Jc2CyiRAiOds" alt="" data-size="original"></td><td align="center"><strong>ANIL KUMAR</strong></td><td align="center">UX/UI Developer</td><td align="center"><a href="https://www.linkedin.com/in/anil-kumar-037a85223/"><strong>Linkedin</strong></a></td></tr></tbody></table>


# Roadmap

<figure><img src="/files/yNvucZ6vdK6ZsgTBk1U3" alt="" width="375"><figcaption></figcaption></figure>

### **Q1 – Q4 2023** – **Research & R\&D Phase**

* Project Merlin **R\&D phase initiated**.
* **Research & conceptualisation** of the ecosystem structure, governance model, and technical framework.
* Early **business model design** and value proposition validation.

***

### **Q1 – Q4 2024** – **Foundation & Development**

* **Smart contract development** for DAO governance, Vote2Earn, and grant systems.
* **Company establishment** in compliance with applicable regulations.
* **Legal compliance framework** setup.
* **Consulting and business development** partnerships established.
* **Team building** with experienced blockchain developers, business strategists, and legal advisors.

***

### **Q1 2025** – **Core Infrastructure Setup**

* **NFT implementation** for DAO access and Vote2Earn eligibility.
* **Cross-chain Testnet integration** to support multi-chain token operations.
* **Governance setup** with initial DAO structure and voting framework.
* **Seed sale round** to fund platform development.
* **Strategic partnerships** with blockchain infrastructure providers and Web3 communities.
* Initial **campaign launches** for community engagement.

***

### **Q2 2025** – **Security & Bridge Beta**

* **Security audit** of smart contracts by top blockchain audit firms.
* **Beta launch of Project Merlin Bridge** for secure, multi-chain MRLN transfers.

***

### **Q3 2025** – **Public Launch & Core Platforms**

* **TGE (Token Generation Event)** and initial token circulation.
* Launch of **Camelot Grant**, providing $25,000 MRLN grants to startups.
* **Freelify.io Beta Release** – a Web3-focused freelance marketplace.
* **NFT Sales & DAO Activation** – Community NFTs enabling governance participation.
* **DEX Listing** on Arbitrum & BNB Chain.
* **DAO Submission Portal** for Raven Message applications.

***

### **Q4 2025** – **Ecosystem Expansion**

* Launch of **Taskium.io Beta** – task-based community engagement platform.
* Launch of **Funddex.io Beta** – early-stage investment platform.
* First **full DAO governance cycle** (Camelot & Excalibur voting).
* **Global community events**, charity campaigns, and Vote2Earn reward distribution.
* **Year-End Airdrop** for active DAO participants and NFT holders.

***

### **2026 & Beyond** – **Growth & Integration**

* **Full launch** of Taskium.io and Funddex.io with MRLN integration.
* **Cross-chain bridge expansion** to additional EVM and non-EVM networks, including Solana.
* **Increased grant pool** through ecosystem-generated revenue.
* New **platform launches** to provide every service a Web3 startup needs under one ecosystem.
* Continuous **DAO-led upgrades** based on community voting.

{% hint style="info" %}
Community decisions will guide the next part of the roadmap. Therefore, we will not have a specific roadmap other than marketing and developments. All decisions will be taken together with our DAO.
{% endhint %}

{% hint style="info" %}
It is important to note that community decisions will heavily influence the future direction of the roadmap. This means that specific details beyond marketing and development are not provided, as the decision-making process will be collaborative with the Project Merlin.
{% endhint %}


# Audit

The audit process will be started when smart contract developments are completed soon.


# SWOT Analysis

Project Merlin is a Web3 initiative that stands out as a next-generation decentralised autonomous organisation (DAO) and a decentralised crowdfunding ecosystem. Drawing inspiration from the legends of Merlin and King Arthur, it adopts a community-centric paradigm that rewards its community members. It rewards its community through the Vote To Earn (V2E) mechanism while also establishing a robust funding system with a dual treasury model. Project Merlin allows its users to fully manage the DAO mechanism through roles assigned via NFTs, aiming for fair and transparent governance. This SWOT analysis examines the threats, strengths, weaknesses, and opportunities to reveal Merlin's position in the market and its disruptive potential in decentralised technological ecosystems.

<figure><img src="/files/fLr6w0g12oEH1pLKgyjH" alt="" width="300"><figcaption></figcaption></figure>

### Strengths:

* Innovative governance model with NFT-defined roles and V2E strategy.
* Utilises blockchain for broad reach, transparency, and fairness.
* Dual treasury system ensures sustainability and financial security.
* Diverse funding mechanisms ensure financial stability.
* Incentives and rewards enhance community commitment.

### Weaknesses:

* Complexity for new users.
* Need for additional guidance on tokenomics, governance, and NFT rules.
* Vulnerability to cryptocurrency market volatility.
* Regulatory uncertainties pose compliance risks.

### Opportunities:

* Expansion into governance and cloud surfing.
* Targeting the Web3 market in technology and gaming sectors.
* Partnerships and integrations for growth.
* Success of third-party projects can increase visibility.

### Threats:

* Competition from simpler variations of Project Merlin.
* Potential replication of distinctive features by competitors.
* Risk of losing users to market leaders transitioning to Web3.
* Security breaches undermining user trust.


# Built with ♥ by Project Merlin

<div data-full-width="true"><figure><img src="/files/L0e4UHoV0qMMPPwjNjSW" alt=""><figcaption></figcaption></figure></div>