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What is MERL? What is MERL coin

MERL combines blockchain, AI, and VR to create a metaverse platform that enhances learning, fosters a global community, and rewards learners with its native MERL Coin.

Oct 15, 2024 at 06:05 pm

What is MERL?

Definition:
MERL stands for Metaverse Ecological Resources for Learning. It is a multi-chain metaverse ecosystem that combines blockchain technology, artificial intelligence (AI), and virtual reality (VR) to create an immersive learning experience.
Goals:
MERL aims to:
- Enhance learning outcomes through interactive simulations and realistic experiences.
- Empower learners to develop 21st-century skills, such as critical thinking, problem-solving, and collaboration.
- Foster a global community of educators and learners.

What is MERL Coin?

Definition:
MERL Coin is the native cryptocurrency of the MERL ecosystem. It serves various purposes within the platform:
Functions:
- Transaction Medium: For purchasing virtual assets, rewards, and services within the metaverse.
- Staking: Users can stake MERL Coins to earn rewards and participate in governance.
- Community Governance: MERL Coin holders have voting rights on platform decisions.
- Education Rewards: Learners are rewarded with MERL Coins for completing courses and demonstrating progress.
Key Features:
- Ethereum ERC-20 token standard.
- Maximum supply of 10 billion MERL Coins.
- Deflationary mechanism: A portion of MERL Coins used in transactions is automatically burned, reducing the circulating supply.

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