MerlinStarter

Merlin Starter is an Initial DEX Offering (IDO) launchpad and accelerator operating on the Merlin Chain, a Bitcoin Layer 2 network. Founded in 2023, the platform launched in early 2024 and is dedicated to supporting the growth of native assets within the Bitcoin ecosystem by providing a platform for new projects to launch and raise capital. Merlin Starter is a product of Star Labs, which is also developing Star Layer, a liquidity and restaking solution.

The company's core services include an IDO launchpad and a Bitcoin Layer 2 project accelerator. The launchpad facilitates the issuance of new crypto assets, supporting multiple token protocols like BRC-20, ERC-20, and BRC-420. It offers various launch methods, including oversubscribed lotteries and airdrops, and features an insurance protocol to protect investors from potential losses. The accelerator provides comprehensive support to pre- and post-launch projects, offering consultancy in technical development, marketing, and tokenomics design.

Merlin Starter generates revenue through flexible listing fees from projects conducting IDOs on its launchpad. It operates within the Merlin Chain ecosystem, which leverages technologies like ZK-Rollup and a decentralized oracle network to enhance Bitcoin's capabilities. The native token of the platform is $MSTAR, which is used for exclusive access to IDO pools, staking rewards, and participation in airdrops. The project has attracted capital from backers including Spicy Capital and Blockchain Founders Fund.

The leadership team includes co-founders 'Star', an entrepreneur with a background in both Web2 and Web3 accelerator programs, and 'Archi', who has experience advising multiple Web3 projects. They are joined by a Head of Operations and a Head of Development with extensive experience in the tech and crypto industries. It has been noted that Merlin Starter has rebranded to Star AI.

Keywords: Bitcoin Layer 2, IDO launchpad, project accelerator, Merlin Chain, native asset issuance, token launch, crypto fundraising, BRC-20, MSTAR token, Star Labs, decentralized applications, tokenomics, crypto staking, asset circulation, ZK-Rollup, blockchain accelerator, Web3, DeFi, initial dex offering, crypto incubation