PRESS RELEASE. Merit Circle is a decentralized autonomous organization (DAO) with a mission to maximize value accrual across different games in the metaverse. Merit Circle is creating a platform at the intersection of capital (investors), expertise (platform and managers) and players (gamers).
Merit Circle is not an entirely new concept. Brought to you by the founders of the Axie 420 scholarship and incubated by Flow Ventures. Flow Ventures has committed to realizing Merit Circle’s vision and providing the team with all the necessary resources. This marriage equips Merit Circle with years of combined experience and expertise.
With over 500 scholars currently playing Axie Infinity and running elaborate breeding cycles, significant revenues are already streaming into the Circle of Merit, benefitting the liquidity providers, the Merit Circle DAO and the players. The returns often translate into life-changing income and their first access to global financial infrastructure for the latter group.
Now, Merit Circle will not only focus on Axie Infinity. The team will continue to search for opportunities in the metaverse through new games, new revenue models and yet to be discovered concepts. Merit Circle will remain at the forefront of innovation and invite anyone to accompany them to ride along.
Drawing the Merit Circle
The Merit Circle founders announced: “Through forming our identity, we laid our focus on three key pillars; gaming, cryptocurrency and investing. We were looking to build a brand that gave space for the creative expression of the gaming industry, but one that could also stand alone, be trusted and feel inherently strong enough to inspire confidence, faith and belief.”
“We didn’t want our brand to feel like just gaming; it’s not just cryptocurrency, it’s not just investing; we’re doing something that speaks powerfully to any of these audiences without feeling too overwhelming towards one side or the other. We wanted to speak the language of each group. Therefore, with pride, we’re bringing you the Merit Circle; ‘an organic group of individuals who are rewarded through shared interests and skills.’”
With 1.5 million monthly Twitter views, 24,000 followers on Twitter and over 6,000 members on Discord, Merit Circle is thrilled to start with a blast. Merit Circle is privileged to enjoy the support of many industry leaders that the founders will soon reveal.
The world’s experiencing a revolution of the play-to-earn economy in the metaverse. Merit Circle is aiming to become the largest circle that will allow anyone to grasp the available opportunities. Merit Circle will be leveraging the DAO’s brand and collaboratively invest in scholarships, purchase lands, invest in these economies and educate the community.
“Together, we’re building the metaverse,” the Merit Circle founders added. “With the support of multiple noteworthy investors and advisors knee-deep into the play-to-earn gaming ecosystem, there’s nothing that can stop us. Within the next couple of weeks, we’ll slowly unravel what we’re building and what each and any of you can expect. The $MC token will be at the heart of our DAO. More information about that to follow as well.”
To stay up to date on the adventure, follow Merit Circle in these channels:
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