Merit Circle (MC)

Last updated 27/06/2022

Official Website: https://meritcircle.io/

What is Merit Circle (MC)?

A decentralized autonomous organization (DAO) called Merit Circle (MC) is working to transform the gaming industry by fostering the play-to-earn (P2E) economy. For the majority of people, playing video games is currently only a simple hobby. However, with the rise of P2E, the project seeks to create a new era of gameplay where users will be able to make money while enjoying their favorite games.

The ERC-20 Merit Circle token, otherwise known as the MC token, is utilized for governance, rewards, and as a play-to-earn market index. The Merit Circle DAO's primary use case for the MC token is to decentralize governance, decision-making, development, and management. MC token holders submit and/or vote on ideas to accomplish this.

Merit Circle has been in development since July 2021 and launched on 4th of November 2021 with a massive community following from the start.

Merit Circle (MC) currently supports the following:

The most popular play-to-earn game with the biggest trading volume is Axie Infinity. As a Pokémon-inspired universe where anyone may earn tokens through skillful gameplay and contributions to the environment, Axie Infinity describes itself as such. Players can fight, gather, raise, and create a land-based empire for their pets in this game.
A fighting fantasy author-written open-world multiplayer online role - playing game (MMORPG) is called Vulcan Verse. Players in the VulcanVerse can own property in the form of Non-Fungible Tokens (NFTs).
Sidus Heroes - first ever WebGL, AAA-level, play-to-earn, NFT and MMORPG.
Elfin Kingdom - a unique play-to-earn platform that seamlessly fuses DeFi and GameFi into one gaming metaverse. Elfin Kingdom is a free-to-play game on the Binance Smart Chain (BSC) that only requires a wallet for one to start exploring.

Merit Circle is special because it brings together money, knowledge, and players, including investors, platform managers, and, of course, gamers. Merit Circle expands its treasury by holding a variety of assets (game-related NFTs) and early-stage financial investments in Play-to-Earn games, in addition to profit-sharing with "scholars". The project could potentially provide life-changing income for some of the gamers engaging with it.

Additionally, Merit Circle has a long number of notable business associates, including DeFiance Capital, Spartan Group, Yield Guild Games, and others. Leading figures in the sector, like these, have complimented Merit Circle for creating a scalable operating procedure that can successfully attract, onboard, and retain new members. DeFiance Capital's Arthur stated that Merit Circle "will be among the top guilds that will be kingmakers in this realm," according to DeFiance.

Team

Marco van den Heuvel - Co-Founder, CEO.
Freek Caron - Growth Manager.
Mark Borsten - COO at Merit Circle / Partner at Flow Ventures.
Omar Ramirez - Product Manager.
Shashwat Ashiya - Head of Governance.
Tommy Quite - CFO at Merit Circle / GP at Flow Ventures.
Mick de Graaf - Solidity Developer.
Rainier Gomez - Head of Community.
Thale Sonnemans - Head of Operations.

Merit Circle is a Decentralized Autonomous Organization, which means that there is no central entity making decisions. These are made via votes from owners of MC token.

Merit Circle (MC) Marketplace

The Merit Circle Marketplace is positioned to overcome the flaws of conventional NFT marketplaces and set an industry standard by introducing our very own marketplace for gaming NFTs.

All games that use NFT technology will have a spot in the marketplace. Instead of making broad assumptions, we will be able to create a marketplace with the needs of game developers and their audience in mind by utilizing our vast library of games and collaborative community.

In summary, the NFT market will:

Become the dominant marketplace for in-game assets.
Allow the DAO's portfolio companies (and beyond) to seamlessly launch NFT collections and present their assets in a customizable way.
Will improve the user experience for the collector, creators, traders and gamers.
Will become a significant revenue source for the Merit Circle DAO.

Where to Store Merit Circle (MC)

Popular among traders and gamers - Trust Wallet - a multi-currency mobile wallet that enables users to simultaneously store a variety of digital assets in one place. Beginner friendly mobile wallet may be appropriate for users looking for a convenience and accessible app, with trusted security and backup options.

Another option where you can store your Merit Circle (MC) is in MetaMask, a leading browser wallet extension popular amongst DeFi platforms and highly praised by developers. Users can integrate with the network’s Liquidity Mining pools by connecting to your MetaMask wallet.

Where to Buy and Sell Merit Circle (MC)

You can Buy & Sell Merit Circle (MC) by heading over to the Buy Coins page of our website. Merit Circle (MC) is available on BC Bitcoin trading against major fiat currencies: GBP and EUR. Buying $MC has never been easier, simply place your order and provide your wallet address. Once your payment arrives Merit Circle (MC) will be sent directly to your wallet.

If you choose to Sell Merit Circle (MC) you can send us the coins and receive a payment to your bank account. Details and valuation can be found on our Sell Coins page.

Merit Circle (MC) Resources:

Website: https://meritcircle.io/

Block Explorer: https://etherscan.io/token/

Twitter: https://twitter.com/MeritCircle_IO

Medium: https://medium.com/@meritcircle

Gitbook: https://meritcircle.gitbook.io/merit-circle/

Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers responsibility to complete their own research and due diligence.