About Merit Circle
The Merit Circle DAO is an ever-evolving digital ecosystem built by a global community to ensure the future of gaming. With a strong foundation in the web3 space, we are committed to integrating the endless possibilities of blockchain technology with the latest in gaming to create the next generation of immersive gaming experiences. Activities by the Merit Circle DAO can be divided into four verticals, each with their own respective product. Collectively, they form an ecosystem that adds value to the DAO and, thereby, the $MC token. Merit Circle investments: Since its creation, the DAO has invested in countless projects across the web3 landscape and worked hard to create a resilient treasury that’s able to weather the shifting tides of the industry. In order to continue supporting the growth of the DAO, we are committed to optimally running the treasury to ensure we have the resources to support our growth. Merit Circle gaming: The Merit Circle DAO would not exist without the gaming industry. While we look towards expansion across our ecosystem, we will continue to scale-in games that are engaging and well-designed. Setting our sights on disrupting the dated practices set by the industry, we will be focusing on advancing our gaming infrastructure to ensure it is both entertaining and rewarding for gamers. Merit Circle studios: As an organization at the forefront of gaming, the Merit Circle DAO is determined to contribute to the industry on a much larger scale. Through our studios vertical, we can unleash our creativity and take a hands-on approach in building new games and incubating innovative projects. As the DAO has expanded, so too has our knowledge and experience of the industry, which we aim to leverage while growing this space. Sphere marketplace: The explosive growth of the NFT space in the web3 industry exposed some clear areas for improvement that prevent it from reaching a broader audience. With our vast amount of in-house knowledge and experience in gaming, we are committed to making our NFT marketplace Sphere the best fit for gamers.
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Market Stats
Market Cap
$927.18K
-2.02%
FDV
$927.18K
Circ. Supply
12M MC
Max Supply
12M MC
Total Supply
670M MC
Diluted Valuation
$930.30K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$4.07K
-83.8%
Volume (7D)
$29.23K
Volume (30D)
$142.52K
All time high
$10.70
Price Change (1Y)
-95.92%
Additional details
Market details
MC vs markets
↘ 97.52%
MC vs BTC
↘ 97.57%
MC vs ETH
↘ 97.43%
Tags
gaming
binance-launchpool
governance
play-to-earn
+3
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x949D48EcA67b17269629c7194F4b727d4Ef9E5d6 | |
BNB Smart Chain | 0x949D48EcA67b17269629c7194F4b727d4Ef9E5d6 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0780 | ↘ 3.78% |
1 Day | $0.0809 | ↘ 3.78% |
1 Week | $0.0930 | ↘ 16.31% |
1 Month | $0.10 | ↘ 23.77% |
1 Year | $1.91 | ↘ 95.92% |
FAQ
Merit Circle is a decentralized autonomous organization (DAO) that focuses on the play-to-earn (P2E) economy in the gaming industry. It strives to create a new era of gameplay where users can be compensated by playing games they love, transforming gaming from a simple hobby into a potential source of compensation. Merit Circle currently supports Axie Infinity, a popular monster-battling play-to-earn game, and intends to support other games like Star Atlas, Illuvium, and Hash Rush. The project launched on November 4, 2021, and has been in development since July 2021. Despite its young age, it has gained a community.
Merit Circle operates at the intersection of capital, expertise, and players, representing investors, platform managers, and gamers. It aims to maximize value accrual across different games in the metaverse. The compensation that the project has the potential to provide can translate into potentially life-changing benefits for some of the gamers engaging with it. Merit Circle also has a scholarship program for gamers, with over 500 scholars currently playing Axie Infinity. The project was audited by Quantstamp, a security assessment firm in the industry, ensuring the safety of the Merit Circle network.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#3926
Contributors
14
Posts
14
% About Merit Circle
0.002%
Hold times
0 days
X (Twitter)
78.95% bullish
Sentiment
4.7 ★
Highlights
14 unique individuals are talking about Merit Circle and it is ranked #3,926 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Merit Circle has an average sentiment score of 4.7 out of 5. Finally, Merit Circle is becoming less newsworthy, with 0 news articles published about Merit Circle.
On Twitter, people are mostly bullish about Merit Circle. There were 83.33% of tweets with bullish sentiment compared to 5.56% of tweets with a bearish sentiment about Merit Circle. 16.67% of tweets were neutral about Merit Circle. These sentiments are based on 38 tweets.
On Reddit, Merit Circle was mentioned in 3 Reddit posts and there were 4 comments about Merit Circle. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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