Marlin Protocol

Protocol

Marlin Protocol is a blockchain based Content Delivery Network (CDN) which aims to solve high cost and scalability issues many publishers face. As a bigger picture they plan on building protocols for decentralized Mobile Edge Computing (MEC).

Marlin Protocol ICO Review


Marlin’s current focus is on developing decentralized Content Delivery Network through the use of blockchain technology – Blockchain nodes and miners, Master nodes and Relay nodes.

Blockchain nodes and miners: they process payments and verify transactions in a trust less way and perform additional checks listed below which are needed for CDN.

  • Proof of Availability – makes sure that master nodes are online and available at all times. It’s a protocol which penalizes unavailable node and awards the node that replaces it.
  • Augmented Proof of Storage-Time – protocol that is responsible for verifying that master nodes are storing certain amount of data over required period of time.

Master nodes: used for storage and as a bandwidth provider, they guarantee data availability and persistence. They are responsible for routing requests and assigning tasks to relay nodes.

Relay nodes: they act as a caching layer between viewers and master nodes.

Problems Marlin protocol is trying to solve include:

  • High loads during peak times: p2p content distribution between users who are close to each other and are requesting the same content will solve this issue that traditional systems face due to their nature.
  • Last mile delivery: some third world regions suffer from poor performance as scaling is difficult due to many risks and high costs. Marlin technology will instantly improve this.
  • High cost of current CDN and storage solutions: both upfront costs and especially scaling costs required for building new physical servers. It is estimated that Marlin can bring down the cost of CDN services up to 90% in the ideal case.
  • Scaling: scaling is a complicated and a costly task for current CDN implementations. In the Marlin ecosystem as the demand for bandwidth rises so will rise the amount of peers themselves who will be incentivized for participating in the network through LIN tokens.
  • DDoS and similar attacks: due to the nature of blockchain protocol, these attacks aren’t feasible since there is no single point of failure – there are no central nodes.

Make sure to check Marlin’s whitepaper, it is nicely written and contains lots of technical explanation and network details.

CDN will be the first anchor application that they will release and it can be seen as one of the fundamental building blocks for making decentralized Mobile Edge Computing a reality.

Partnerships

You can see that Marlin listed many partnerships on their website but without specific information. We reached out to their staff and got more info on the current state of their partnerships.

Their partnerships can be divided in several sectors:

  • Content publishers: these include Clip, TVF, and Gamedex. Their pilot partners and first customers of Marlin CDN. Several other deals with content publishers are currently in the making.
  • Video streaming solutions providers: Wistia and Cincopa provide video streaming solutions that they are integrating with their product offering.
  • Data centers: BitRiver capital and Servers.global run colocation data centers (50+ PoPs over 5 continents) and will help bootstrap their network with master nodes. Again, there are a few more such partners that they are finalizing deals with.
  • Blockchain partnerships: they signed partnership with CREDITS platform, you can read about it here.
  • Hardware OEM’s: these are currently in the works and are yet to be announced. Keep an eye on their announcements.
Competitors

All leading content delivery network providers, including Akamai, Amazon and Rackspace. Marlin’s biggest advantage will be much lower price – up to 90% lower.

In the blockchain space there is only one partial competitor in the top 100 and that is Theta Token. But Theta Token is focusing solely on video delivery industry. There is also another CDN project which is in the ICO stage as well – NOIA Network. In the decentralized mobile edge computing space where they plan to build protocols for dApps/publishers to utilize network and computing resources they don’t have any direct competition as of yet.


Competitors median market cap: 100,000,000 $
Hype
3172   131   17  
Hype tools used:
Nothing

There doesn’t appear to be much hype building around this project so far, they have moderate amount of telegram members and no tweets as of yet. We were told the marketing and press releases will start after the announcement of crowdsale details.

Hard cap
40,000,000 $ (~438,465 ETH)
ICO supply
3,500,000,000
Total supply
10,000,000,000
Token % for public
35%
Bonus

Strategic private investors got the highest bonus of 25%.

Token distribution

LIN token distribution:

  • 30% Network Rewards,
  • 20% TGE,
  • 20% Reserve,
  • 15% Pre-sales,
  • 10% Team,
  • 5% Partners.
Allocation of funds

Use of Proceeds for Marlin protocol:

  • 45% R&D,
  • 23% Sales & Marketing,
  • 11% Partnerships,
  • 9% Operations,
  • 6% Legal,
  • 6% Misc.
Team

During my interaction with Marlin team they proved to be quick and responsive to inquiries and provided valuable insights. Their core team is All-Star quality and they are experts in their fields.

Siddhartha Dutta | CEO | Bachelors from the Indian Institute of Technology. Previously worked as a core developer at Zilliqa and as a software engineer at Microsoft. He was also a research intern at Adobe where he filled 2 patents.

Pratyaksh Sharma | Co-Founder & CTO | Bachelors from the Indian Institute of Technology and Masters from Stanford University. He worked as a software engineer internet at Facebook and Pinterest. Previously he worked as a research intern at ETH Zürich and a GSoC at Python Software Foundation.

Prateesh Goyal | Co-Founder | Bachelors from the Indian Institute of Technology. Ph.D. candidate at the Massachusetts Institute of Technology. Previously he worked as a research intern at the Institute of Science and Technology Austria and as a researcher at ETH Zürich.

Syam Sundar | COO | Masters from the National Institute of Engineering. Founded Phantom Labs and Requittal Technologies, which are both firms with blockchain technology in focus.

Roshan Raghupathy | Blockchain Architect | Bachelors from the Indian Institute of Technology. Worked as a software development intern at Microsoft. Previously a lead backend engineer at Cityflo.

Amol Agrawal | Lead Developer | Bachelors from the Indian Institute of Technology. He worked at Microsoft, first as an intern and then asa a software development engineer. He also worked as a software engineer at Two Roads Tech.

Adit Kabra | Chief Cryptographer | Bachelors from the Indian Institute of Technology. Previously he was a research and development internet at American Express and an analyst at Goldman Sachs.


Advisors

Marlin protocol currently has 7 highly educated and experienced advisors.

Hari Balakrishnan | He received his Ph. D. from UC Berkeley in 1998 and a BTech in 1993 from IIT Madras. Between 2000 and 2003, he helped devise the key algorithms for Sandburst Corporation. In 2006 he was an advisor to Meraki. Currently he is the Fujitsu professor of computer science at MIT and a director of MIT’s Center for Wireless Networks and Mobile Computing.

Ethan Fast | Bachelors from the University of Virginia. Ph.D. from the Stanford University. Previously he worked at Microsoft as a visiting researcher. He is a Co-Founder of City of Zion and NEX.

Prabhakar Reddy | Masters from Harvard Business School. He worked as a CEO of Virtualize, nFusion and Dramatize. He was a partner at Singularity Ventures and an investor at Accel Partners that focuses on blockchain.

Ravi Netravali | Bachelors from Columbia University. He is a Ph.D. student at MIT in the Networks and Mobile Systems Group. He will start teaching at UCLA in 2019.

Chhavi Upadhyay | Masters from Stanford University. She was a program manager at Nvidia. She was a co-founder of Vdopia INc and a CEO of ClusterUP Inc. She worked at Nutanix as a head of engineering strategy and operations.

David Archibald | Previously he worked as an information assurance security officer at US Army. He spent a lot of time at MAxCDN at various positions: support engineer, network operations manager, director of operations, VP of operations and senior information security engineer. He was a senior information security engineer at StackPath. Currently he is a senior security assessment engineer team leader at Technicolor.

Sohail Khan | Bachelors from the Indian Institute of Technology. He worked at Jones Lang LaSalle at various positions: consultant, assistant manager and manager. He was a business intern ad L’Oréal. Currently he is working at The Viral Fever as a head of partnerships.

Project development started in Q4 2017, when blockchain wasn’t in the design. In Q1 2018 core team was formed, whitepaper was written and blockchain prototyping began. In Q2 code integration started and first partnerships were made. For Q3 2018 they have a testnet launch and in Q4 the mainnet should be launched, code should be made open-source and there should be a public launch with low volume streaming apps. In 2019 they are predicting to add some additional features, such as better models and interoperability with other blockchains.

Project phase

Currently testnet is under development, they have a demo and a technical whitepaper. These are currently mostly used for their internal testing and for conversation with their partners.

Whitelist start
TBA
Private sale start
TBA
Presale start
TBA
Crowdsale start
TBA
Token distribution
TBA

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Marlin Protocol is a blockchain based Content Delivery Network (CDN) which aims to solve high cost and scalability issues many publishers face. As a bigger picture they plan on building protocols for decentralized Mobile Edge Computing (MEC).

Expected ROI
Reveal
ICO starts in
TBA


Token Metrics
Hard cap
40,000,000 $
(~438,465 ETH)
ICO supply
3,500,000,000
Total supply
10,000,000,000
Token
LIN