$POND Marlin’s one-sentence introduction is that it meets the project’s data processing needs. It has a good background and may come in the next free voice. You can learn about it in advance.
With the prosperity of Web3 applications, the overall decentralization and data privacy of DApp applications have also become the focus. At the same time, the integration of AI and various scenarios has also caused many decentralized applications to encounter problems in coordinating network data calculation, processing and result verification. Faced with the increasing market demand for various transaction and data communication scenarios, Marlin Protocol can make up for the corresponding shortcomings and become a potential focus.
The main goal of Marlin Protocol is to expand decentralized computing through scalable coprocessors, including the use of zero-knowledge proof (ZKP) and TEE trusted execution environment to achieve the security and privacy of DApp data processing in distributed networks, ensuring the decentralized performance of core computing. Currently, most blockchains are difficult to meet the problems caused by large-scale data processing, which is also the main advantage of Marlin.
Marlin received $3 million in seed round financing in 2019, with Binance Labs, Arrington XRP, Electric Capital and NGC participating in the investment. It also received financing from Cabin VC in 2020 and DWF Labs in 2023. The amounts of the two investments were not disclosed.
Marlin tokens $POND have a total of 10 billion, of which 8 billion are currently in circulation. The market circulation has a low selling pressure, with a circulation market value of $170 million, ranking 263rd, and has been listed on well-known exchanges such as Binance and Coinbase. Users can get $POND rewards by running Marlin nodes and staking, and holders can participate in online voting.