The first NFT asset Spellbook of MerlinStarter opened trading on the Element platform at 14:00 (SGT) with an opening price that rose from 0.00000420 BTC to 0.1BTC. The current floor price is stable at 0.015BTC, with a highest increase of about 24000 times. Market data shows that the first round of MerlinStarter's IDO has set a record for the largest IDO in blockchain history, with a total fundraising of approximately $500 million. It is reported that the platform has already had over 1 million Merlin Chain addresses interacting.