Merlin's Onchain Summer

Recorded: July 1, 2024 Duration: 0:41:18
Space Recording

Full Transcription

Hello, everybody.
We'll begin in just a moment or so, just getting our last speaker on.
related assets, such as Bitcoin itself,
Ordinals, BRC20, and now Ruins.
And in February, we have about 2 to 3 billion TVL.
In March, we got more.
And right now, we have about 1.5, 1.8 billion TVL
staying on chain.
We still have the most BRC20 and Ruins assets
than any other chain except Bitcoin layer one.
We are here to bring this innovation to these assets.
We do love the community of Bitcoin layer one assets.
And we want more users to come here
to use the apps such as DAX, Perch, Lending Protocol, Bridges.
And we want to make sure more users
will love the spirit of Bitcoin layer one assets.
And yeah, I'm glad to be here
with all those great builders and projects.
And thank you, guys.
And I'm definitely excited to learn more
about everything going on with Bitcoin,
Bitcoin Ordinals, et cetera.
It's all very exciting.
So thank you for that, Jeff.
Let's go right on to Jay from Unicross.
What's up, what's up?
I'm glad to be here.
I'm Jay from Unicross.
And Unicross is building a suite of functions
for Merlin currently.
And currently, we have Inscribe, Launchpad, Marketplace,
and also something that we launched pretty recently,
which is our bridge for Runes BRC20
and Ordinals NFTs.
And also our Phantom,
which allows to swap of different asset protocols on Merlin.
So think of things like swapping from NFTs to tokens,
BRC20s to Runes, and so forth.
And I'm very excited to be here to talk to you guys
about Merlin on Chain Summit.
Very cool.
Thank you, Jay.
And let's go right on to DC from Bitgenie.
Hey, guys.
DC from Bitgenie.
Bitgenie is a one-stop platform
that is incubated by the Woo Innovation Hub.
And we have products like AM and Dex.
We have also a single token staking
that focus on Runes, Ordinals,
and any trending Bitcoin ecosystem assets.
And for the past months,
we also launched our dedicated YouTube channel
and our Telegram bots
that have potentially well-launched
a Predictive Market on Merlin Chain.
And we're actively building our ecosystem
together with Merlin Chain
to just acquire users for all kinds of chains.
Looking forward to seeing more.
And I always love a good YouTube channel,
especially for crypto.
It's fun to get people learning.
So I appreciate the effort there.
It's a tougher space, especially.
And continuing on next to Dimitri from Artoshi.
Thank you for having me here.
I'm Dimitri.
I'm CEO and co-founder of Artoshi.
Artoshi, it's a Web3 utility hub
that is exactly for BTC L2 chains.
Now we support seven of them,
including Merlin.
And on our platform, on our portal,
you can buy NFTs from different collections.
You can mint it.
We aggregate NFTs from different marketplaces on Merlin.
We also have a launchpad
to launch your own NFT collection.
And we add domains on merlin.merl.
You can buy your unique Web3 ID using our service.
So I'm excited to build on Merlin.
We like your product, your solution.
So glad to be here.
I feel the same.
And definitely always exciting
when things work so well together.
And of course, last but not least,
let's go to Andre from Rubik.
Hey, guys.
So, yeah, my name is Andre.
I'm part of the Rubik team.
Originally, Rubik was founded in 2020.
And right now,
we are building a cross-chain tech aggregator
for user and apps.
We aggregate more than 80 blockchains and testnets.
We enable swap of nearly all assets in the networks.
And we also provide quite the best trades
comparing to different protocols
because we aggregate a lot of them.
Right now, there are more than 220 DEXs integrated
and more than 60 bridges.
So we keep high liquidity
and faster production speeds
due to these integrations.
Our main focus right now
is to add new emerging chains
that's often not presented on giant DEXs
and on giant cross-chain aggregators
or on-chain aggregators.
So we ensure that our users
have access to the latest
and most in-demand networks.
Our project also was selected
in the top growth programs
like Sony Incubation Program,
Consensus Scale Program,
and others.
We're also glad to build on Maryland.
We've been there
since the start.
We also hosted our own campaign on Galaxy
with other projects.
And we're happy to be here.
And I'm happy you're here as well.
Definitely appreciate you taking the time
and some very exciting stuff
you guys are working on.
Let's go back.
Let's dial it back towards Merlin
and kind of get into
what we're here for
around the on-chain summer.
Would you be able to go over
sort of your portion of this campaign,
the tasks that are involved,
just to begin?
Hello, Jeff.
Oh, you want me to begin?
Because like...
Yes, apologies.
I wasn't sure if my mic
picked up there then.
Yeah, let's just begin
with going back to you, Jeff.
From Merlin.
Yeah, I mean, I don't...
Like, we are the chain,
so we don't have any proportion
in the tasks.
But I mean, I can talk about,
like, why do we design
this kind of mechanism
for all these kind of...
Exactly, yeah.
Yeah, yeah.
So for sure.
So Merlin on-chain summer
is the first event
when we, you know,
we've been doing
after the main launch.
And it won't be the last.
Actually, you know,
starting in July,
we'll be having
similar events every month.
The reason we are doing this
is because we want
to build liquidity
for all these assets.
Right now,
if you see like
a thousand different
layer twos out there,
most of them
are just ghost chains.
they don't have any users.
They don't have any,
active trading peers.
People would love
to go to, you know,
see a centralized exchange
And, you know,
based on what we see here,
Bay, Solana,
they're doing a great job
because they actually
build the liquidity
for all these peers.
And so users
would love to come here
and to trade.
And the same thing
with Bitcoin.
if you want to trade
all these assets
on Bitcoin layer one,
that's fine.
But, you know,
if you want to sell them,
you have to list them
and wait for somebody to buy.
if you want to buy a lot,
it costs you like
lots of gas fee to do so.
If you want to buy something,
something like Bitmap,
when it's cheap,
if you want to spend
like $10,000 on that,
you have to do
like multiple transactions.
It's very slow.
The gas fee is high.
So we want this kind
of experience on Merlin.
And, you know,
in order to do that,
we have to build liquidity
from zero.
And that's something
most chains would not
like to do.
if you look at other chains
about BRC20 and Merlin,
it's very hard for them
to convince users
to bridge over these assets
and bring liquidity to the LP.
And that's what
we're trying to do here.
So that's why we set up,
the transaction numbers,
the active addresses,
to make sure
all these protocols
are trying to grow
this kind of influence
over the Bitcoin layer one users
and make sure
the users can start
trying doing
this kind of thing.
bridge over,
create LP,
start trading.
And to be honest,
I think the first event
is kind of,
beyond my expectation.
Right now,
we have about like
400 million trading volume.
We have lots of users
trading perps
and spots on Merlin.
I think right now,
40 million US dollar valued,
US dollar valued,
BRC20 and ruins on chain.
So we want to expand that.
in the near future,
we'll have similar events.
so this event,
in my point of view,
I think it's very successful
and I will let,
other projects to talk about
like how they,
deliver this kind of result.
Of course,
not a problem.
I appreciate
the beginning words
and everything you guys do.
And I'm definitely excited
with hearing those numbers
as well as many others.
It is tough
get people
like you mentioned
and a lot aren't willing
to do the work.
So it is always nice to see
when we are doing the work
and it pays off.
So I appreciate that.
And congratulations
on those numbers as well.
Let's go right on to
Jay from Unicross.
Just to start,
if you can kind of cover
your portion of the campaign,
what users can expect,
what kind of tasks
they can expect.
so for our part,
it's pretty straightforward.
what users can expect
Basically,
just use our platform.
That's a very easy way
to put it.
you can trade,
you can swap
different asset protocols.
currently,
we have three swaps available
for our phantom,
which is bitmaps
to bitmap token,
xmonkey to monkey token,
and also we have
which is a token
that was launched
on our platform
earlier this year.
and you can swap
BRC20s to runes.
And one of the
interesting things
about Rufi actually
it was the first concept
to be like
between two different
protocols,
BRC20 to a
runes protocol.
these activities
that you do
on our platform,
whether it's in
our marketplace
or on phantom,
you can earn points,
points which can
eventually become
our platform tokens
when we actually
have our TGE.
But one thing
very interesting
about these points
during this summer,
these points
are actually
diminishing
in rewards.
And what I mean
by that is
the earlier
that you start
getting the points,
the better it is
periodically
we're going to be
reducing the rewards
we really value
supporters
who are here
since the beginning
or even supporters
who are just
joining us
as much as
R&L's grown
a bunch of
not even a year
Bitcoin layer 2
this growth
it's still
relatively
very early
compared to
what we can
the massive
that we have
on the entire
Bitcoin market cap.
I completely agree
and I really like
it's an interesting
way to do it
to have the
points diminished
over time.
I think that
it's very fun
to kind of
go the early
the worm route.
Definitely
from your end.
And my last
question for you
when it comes
completing this
and you know
using your
what's the
experience
coming out
The experience
I would like
let's break
for people
who actually
were onboarded
from ordinals
I would like
experience
the smoothness
different chains
exorbitant
when doing
transactions
I've heard
smart contracts
experience
downloading
and hopefully
experience
essentially
to experience
for people
experience
knowing that
you're farming
it's just so
straightforward
the platform
think a lot
about phantom
where it's
really something
something that
we've really
been looking
forward to
one of the
first products
that we launched
on phantom
was bitmap
building on
for a long
been talking
tokenizing
for easier
finally here
we're just
really excited
that a lot
of our users
now this is
that's one
thing that I've
really want
everyone to
experience
and smooth
and I think
everybody should
experience that
especially when
looking to get
more exposure
to a specific
that convenience
it goes a long
way when it
comes to an
introduction
especially in
the crypto
space and we
have all these
new people
joining us
hearing about
these different
things they
understand right
that smoothness
that you're
talking about
is going to
in the long
appreciate
board with
definitely
your portion
what users
can expect
New Merlin's
Rune Summer
any amount
or provide
any tokens
supported tokens
are eligible
for rewards
which is our
native token
called wish
additional rewards
in Merle token
from Merlin
officially
with their
telegram chat
this prediction
periodically
group stage
distribute
very different
lightweight
or you know
prediction
kind of ways
with their
we're also
looking forward
to the next
event from
Merlin Chain
and we'll be
we'll be the
who you know
more you know
kind of our
native tokens
or you know
additional tokens
we actually
did a little
prediction stuff
around the
euros as well
always fun
everybody can
kind of get
I appreciate
and my next
question for you
kind of what
is the experience
you would like
users to have
coming out
there's a huge
although like
brought a lot
of attention
from outside
but I think
we you know
these obligations
to just provide
like a one
click or two
just imagine
or Binance
Smart Chain
can actually
just you know
if they see
if they see
this event
or Twitter
or Telegram
if they want
to participate
all they need
is just one
at Bitjany
this mission
because currently
this is super
like I try
to kind of
it's already
you can think
about like
as probably
the masters
all the crypto
still have
hard to find
how to buy
so you need
to navigate
for Bitfolio
there's still
those users
so I think
yeah in short
we want to build
but we want
that actually
close that
or seamless
like predict
that is our
it's it's tough
but simple
and at the end
of the day
and I'm looking
forward to what
you guys are
doing there
appreciate you
taking the
time to be
involved in
something like
this I think
important and
fun process
in the bigger
picture so
thank you for
and of course
going on now
to Dimitri
from Artoshi
let's begin
same question
portion of
the campaign
expect there
quite easy
of course we
have a few
social tasks
our Twitter
our Telegram
stop where
users can do
stuff with
blockchains
features of
our website
and register
it's quite
some money
because of
added some
prize here
people who
our platform
I appreciate
everybody as
well would
appreciate
always fun
domains are
an interesting
and exciting
place that
evolving across
so my next
question for
you of course
what is the
experience you'd
like users to
have coming
out of this
there are a
blockchains
blockchains
appear every
BTC ecosystem
there are a
blockchains
some services
like bridges
like swaps
marketplaces
and aggregator
like domain
name service
decided that
to different
blockchains
and propose
blockchain
for example
they really
do a great
they don't
infrastructure
around this
blockchain
blockchains
creating it
then provide
honest our
for blockchain
because they
stop where
where they
blockchains
to communicate
with different
blockchains
because that's
your words
easier for
blockchain
like Merlin
main focus
and at the
simply make
I appreciate
what you guys
it's a great
looking forward
from Rubik
same beginning
just going
what users
can expect
when we were
choosing the
we considered
really different
but we decided
everything as
simple as it
is on Rubik
there's two
straightforward
complete a
cross-chain
or on-chain
using Merlin
and second
Rubik Twitter
two simple
daily tasks
which user
can complete
of the day
daily tasks
were designed
engagement
are encouraged
to complete
using Merlin
it could be
either swap
integrated
our cross-chain
familiarize
demonstrates
can complete
cross-chain
to showcase
that we always
have some news
integrations
when we can
started off
just being
as complicated
as possible
it's been an
exciting time
everything
come together
has always
been something
think that
the experience
would like
coming out
that simplicity
is crucial
free space
the simplicity
our platform
not really
around the
a platform
which will
the networks
your assets
or anything
successful
integrations
with different
blockchains
improvement
which will
quite soon
integration
which will
participating
everything
participate
appreciate
as everyone
and looking
forward to
collaborative
and support
final words
from everybody
you'd like
back to you
those listening
yeah I think
Bitcoin Layer 2
thing that
people expected
that before
people expected
old and old
before last
fairly new
and building
a new thing
that's why
great builders
to come here
and create
innovative
but personally
in Ordenos
that's why
keep building
we'll still
have these
similar events
in September
the Ordenos
in September
in Singapore
related assets
ecosystems
I couldn't
agree more
especially
just in the
people did
not expect
something like
just crazy
just shows
the spirit
definitely
appreciate
and appreciate
you taking
experiences
learn something
didn't know
might earn
wouldn't have
are my final
for everyone
for listening
and you've
great speakers
on the stage
if everyone
everyone here
actually does
have a lot
it's always
of amazing
regardless
appreciate
since last
that creates
opportunity
ecosystems
the products
for people
for people
applications
appreciate
definitely
especially
that you're
definitely
regardless
definitely
appreciate
especially
influencers
I completely
and everybody
listening to
the future
recording of this
make sure to give
everybody a follow
super amazing
very smart
definitely worth
appreciate the final
words Dimitri
going on to
let's hear it
any final updates
any final words
for those listening
from your end
I go a little
and shared
our updates
follow our
we are constantly
releasing different
and especially
in the summer
so you don't
want to miss
we're also
constantly
collaborating
with other
FICO system
this collaboration
often results
getting air drops
it's really
good to keep
we're doing
really appreciate
the invitation
to this program
to this campaign
and we hope
to collaborate
with Merlin
in the future
I appreciate
the final words
looking forward
to what's to come
and for all those
listening today
that will be
of our discussion
I appreciate
you all joining
I appreciate
everyone taking
Jeff and Merlin
especially
for putting
everything together
with Merlin's
looking forward
to the multitude
that are to come
just bigger
and overall
introduction
larger ecosystem
might not be
and all the
exciting things
that are to come
I think the
when it comes
and you know
what I love
is connection
and I think
that users
kind of definitely
get that as well
so with that
we will close
out for today
thank you all
for listening
give everyone
every campaign
that's going
every single
speaker here
looking forward
to everyone's
thank you again
and we'll see
you next time
thank you guys