Merit Circle MC Price

What is Merit Circle (MC)?

Merit Circle: Revolutionizing Gaming Through DAO Innovation

In the ever-evolving landscape of blockchain gaming, Merit Circle stands out as a leading Decentralized Autonomous Organization (DAO) with a mission to redefine the gaming industry. Founded by Marco Van Den Heuvel in 2021. At the intersection of capital, expertise, and players, Merit Circle aims to maximize value accrual across different games in the metaverse, offering potentially life-changing income opportunities for gamers.

The Merit Circle DAO operates on a unique infrastructure designed to stimulate growth, with layers including the MainDAO, SubDAOs, and Vaults. The MainDAO facilitates governance, generates yield farming income, maintains the MC token price, and supports development of SubDAOs. These SubDAOs represent Merit Circle's activities in specific play-to-earn games, such as Axie Infinity, each with its own earning strategies and NFT development initiatives.

One standout feature is Merit Circle's commitment to supporting gamers through a scholarship program, with over 500 scholars already engaged in Axie Infinity. The platform has attracted significant revenues, benefiting the DAO, players, and liquidity providers. As Merit Circle expands its focus to new opportunities in the metaverse, it boasts an impressive list of partners, including DeFiance Capital, Spartan Group, Yield Guild Games, and more.

The native cryptocurrency of the platform is the MC token, with a total supply of 1 billion. MC token holders play a crucial role in platform governance, participating in DAO decisions and voting on proposals through the Merit Circle forum and dedicated Snapshot voting platform. Additionally, MC can be staked via the staking portal for extra rewards.

The Merit Circle ecosystem goes beyond gaming investments, with a commitment to incubating games through its gaming studio. Edenhorde, an example of a game incubated within Merit Circle DAO, exemplifies the platform's dedication to supporting non-Web3.0 games transitioning into the space.

The MC token's utility extends to the Sphere marketplace, Merit Circle's NFT platform, where players can trade, buy, and sell NFTs for use within games. The platform's expansive vision is to integrate blockchain technology into gaming, enabling players to have actual ownership and transforming games into community-owned assets.

In summary, Merit Circle's four verticals—investments, gaming, studios, and the Sphere marketplace—form a comprehensive ecosystem that adds value to the DAO and the MC token. With a commitment to innovation, creativity, and community support, Merit Circle is at the forefront of the gaming revolution, propelling the industry to new heights through blockchain technology.

What is unique about Merit Circle (MC)?

Merit Circle stands out for revolutionizing the gaming industry through its Decentralized Autonomous Organization (DAO), fostering growth, supporting gamers with a scholarship program, and offering a comprehensive ecosystem that integrates blockchain technology.

Who are the founders of Merit Circle (MC)?

Merit Circle (MS) was founded by Marco van den Heuvel.

Who are the backers/investors of Merit Circle (MC)?

Merit Circle has garnered support from industry-leading names and backers, including DeFiance Capital, Spartan Group, Yield Guild Games, and other angel investors who contributed to its $4.5 million seed round.

Where can I buy Merit Circle (MC)?

You can buy Merit Circle (MC) on Kraken, Uniswap V2 (Ethereum) cryptocurrency exchanges.