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Bybit Web3 has revealed the upcoming issuance of Airdrop Arcade for the Bitcoin Layer 2 Season.
According to the announcement, this event would showcase the Web3 collaboration between Bybit Web3 and Merlin Chain, which aims to give away 100,000 MERL tokens. The event is said to run from March 18, 2024, 10 AM UTC to April 18, 2024, 10 AM UTC.
Bybit CEO Ben Zhou stated:
“We’re thrilled to partner with Merlin Chain, one of the key players in the burgeoning Layer 2 space.” “This airdrop is a fantastic opportunity for our users to explore the potential of Bitcoin Layer 2 and be a part of a thriving ecosystem!”
The airdrop is a great chance for users to learn about Bitcoin scalability while also being able to be active participants in the thriving network. Bybit is the first crypto exchange to collaborate with Merlin Chain for an airdrop to promote retail investors’ activities.
Merlin Chain has staked out a position as one of the power players among the Ordinals, and their extremely pricey set of BRC-420 “Blue Box” has topped the charts in terms of valuation. Merlin Chain uses zk-Rollup technology, thereby integrating a decentralized oracle model and on-chain Bitcoin fraud proof modules.
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