In today’s rapidly evolving Web3 ecosystem, truly decentralized innovation needs more than just hype — it needs infrastructure. That’s exactly what Project Merlin delivers: a community-powered platform where ideas get funded, voted on, and brought to life — all governed transparently on the blockchain.
As someone who follows both tech and tokenomics closely, I found Merlin to be more than just a DAO. It’s a Web3-native incubator, fully built around fairness, participation, and real-world rewards.
🚀 How It Works: The Merlin Formula
Project Merlin simplifies the funding journey through three main tools:
Raven Message – This is where it starts. You submit your project idea directly to the community.
Camelot Proposal – Strong ideas are voted on by NFT-holding community members. If you win, your project receives real funding from the treasury.
Grant Program – Selected builders, especially in GameFi and DeFi, can receive direct grants from the protocol.
What impressed me most? Every stage is permissionless yet secure, and all votes and funds are managed through audited smart contracts.
💰 Why It Matters: Real Incentives, Not Just Talk
Project Merlin isn’t just about helping creators — it rewards the community too.
A massive $16.8M treasury is community-controlled.
Users who vote can earn up to 10% in MRLN tokens.
Special NFTs (Editor and Senator) offer voting rights and passive income based on participation.
If your project wins, you keep your funding. If it doesn’t, contributors get their funds back after 90 days — all automated.
🪙 MRLN Tokenomics: Designed for Sustainability
Merlin’s native token, MRLN, powers the ecosystem:
Total Supply: 800M tokens
Initial Market Cap: ~$260K
Distribution:
45% for Grants and Community Treasury
13% for Team & Advisors (long vesting)
5% Public Sale
2% Airdrops
15% for Ops, Marketing & Legal
Everything is laid out with clear vesting schedules, ensuring no unfair dumps and long-term trust.
🧱 Multi-Chain, Fully Audited, Battle-Ready
Merlin runs on Ethereum but also supports: Polygon, Arbitrum, Optimism, Avalanche, and BNB Chain.
Security-wise, it’s no joke:
Fully audited by firms like Certik and Hacken
2FA/3FA enabled platform
Cold/hot wallet separation
Built-in DDoS protection
Immutable governance through NFTs
