NFTScan and Merlin Protocol Reached a strategic partnership, and will carry out deep cooperation on NFT data
Recently, the NFT data infrastructure NFTScan has reached a strategic partnership with Merlin Protocol, and the two parties will conduct deep cooperation at the level of NFT source data. NFTScan NFT API will provide professional NFT asset data services for the interaction of Merlin Protocol products.
The Merlin developer team plans to launch 4 protocols and products of NFTFi, which are Merlin Lease Pool (a leasing liquidity pool), Hash NFT (NFTs of Bitcoin Hash Rate income), Ming Rewards Oracle (an oracle of Bitcoin Hash Rate income) and WNFT protocol. Among them, Hash NFT will become the first practical application of the capitalization of Bitcoin Hash Rate. It is also a typical representative for high-quality assets to improve freedom through NFT technology.
About Merlin Protocol
Merlin Protocol introduces quality off-chain assets into the Web3 world through price oracles and NFT technology. The Merlin developer team has extended the ERC-721 standard and implemented an NFT leasing liquidity pool protocol based on Automated Market Maker, which can automatically match leasing orders without intermediaries, solving the issue of low utilization of capital in the NFT market, and satisfying the basic needs of holders of high-quality NFT asset to increase the utilization.
NFTScan is the largest NFT data infrastructure in Asia. It currently supports 9 blockchain networks including Ethereum, BNBChain, Polygon, Arbitrum, Optimism, Solana, Avalanche, Moonbeam and PlatON. As of November 2022, NFTScan is providing professional NFT API data services for 100+ financial technology companies of the new generation.