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What Is Merit Circle – New Concept For “Play-To-Earn” Gaming?


In 2021, blockchain-based play-to-earn games simply exploded. Projects like Axie Infinity delivered massive growth for investors and it soon became clear that blockchain gaming or GameFi was the next big thing. In 2022, we are likely to see more investments towards new more exciting play-to-earn games.

Merit Circle wants to be part of this GameFi revolution. The DAO is on a mission to completely transform the blockchain gaming industry through NFT and metaverse integrations. The DAO is the subject of our post today. We are going to look at what it is, how everything works, and also give you an expert analysis of its investment potential.

What is Merit Circle DAO?

Merit Circle is a decentralized autonomous organization or DAO that is hoping to completely transform play-to-earn gaming. The DAO is looking to integrate gaming into the metaverse as well and give users access to a wide range of immersive games. Whether its first-person shooting games, battle royals, MMORPGs, or anything else, Merit Circle wants to unlock play-to-earn games and give access to as many people as possible.

Gaming DAO

Merit Circle (DAO) has also evolved significantly since it started. At first, it aimed to become a lucrative gaming guild with a diversified portfolio of play-to-earn games under its belt. But to enhance the sustainability of the DAO, Merit Circle decided to evolve.

Instead of just being an organization that invests in Play-to-earn games and recruits gamers, Merit Circle wanted to play a key role in the play-to-earn revolution by getting actively involved in the development of futuristic games. This includes the development of its own gaming platforms. The aim is to create multiple verticals where revenues for the DAO can be diversified in the long run.

Merit Circle – Governance and Backers

Merit Circle is a decentralized autonomous organization and as such, it means there is no single entity or person who is responsible for the governance of the organizations. All decisions are made and supported by holders of the DAO token which is called MC.

Merit Circle has also managed to raise money from several key investors within the Play-to-Earn space. The DAO raised around $4.5 million in its initial seed funding round. Most of this money was raised from key strategic partners and reputable venture capital firms.

DeFinance Capital, Spartan Group, Yield Guild Games, and Dialectic are some of the major names. There were also several angel investors drawn largely from the play-to-earn sector. This includes investments from people who were involved in Axie, Illuvium, and other play-to-earn games.

Merit Circle Strategic Partnerships

Merit Circle has also been making several moves to bring top-rated play-to-earn and play-to-win games into its ecosystem. This includes games like MetalCore, a massive online multiplayer game that has both play-to-earn and play-to-win elements.

Other games that have come under the Merit Circle DAO include Drunk Robots, Planet Mojo (a novel metaverse related game), and MOBA Fight of the Ages. There have also been efforts to bring NFT and DeFi partners as well.

The partnership with Flair Finance in particular is quite strategic. This is a decentralized escrow protocol that will make it easier for NFT sales to be completed safely and openly. The project also has an integrated NFT launchpad called Flair Angels.

Is Merit Circle DAO A Good Investment?

Now that we have given you some background on what Merit Circle is and how it works, the next thing you must be wondering is whether indeed this is a good investment or not. We have the details below, starting with a brief explanation of its MC token.

What Is the MC Token?

Every DAO is governed using a native governance token. It is the holders of these tokens that can influence the decisions the DAO makes. For Merit Circle, the governance token is called MC. Owners of this coin have voting rights within the organization. This gives them the power to make critical decisions concerning the DAO. Holders of MC are also entitled to certain rewards including revenues generated by the organization.

MC Token Vesting Schedule

The MC vesting schedule is designed to put the community first. For all community-based incentives, there will be no cliff period and vesting will be done over 36 months. A cliff period is basically the amount of time that must pass before a token is released or distributed. However, token allocation is strictly based on approved governance proposals.

As for the team and advisors, the vesting period is 42 months. Initially, it was placed at 36 months but a 6-month extension was approved. The aim was to show the long-term commitment and dedication of the team and advisors towards the project. No cliff period will be applied for the team and advisors.

Merit Circle Gaming

Early investors on the other hand will get 36 months vesting with a 6-month cliff period. Liquidity rewards will attract a cliff period of 12 months but will be vested over 36 months too. As for retroactive rewards, vesting will be done over 18 months.

Why does Merit Circle DAO Look Good?

Several key reasons make Merit Circle DAO a very interesting project from an investor’s point of view. We have listed some of them below:

Diversified Model

After the boom of play-to-earn in 2021, most gaming DAOs that emerged focused largely on accumulating promising games under their portfolio. There was also the idea of recruiting players to play in those games and earn on behalf of the DAO. But this only created organizations that were susceptible to the headwinds of the crypto markets.

Merit Circle is now taking a different, more diversified approach. The DAO is getting actively involved in shaping the future of play to earn by launching its games and launching new futuristic platforms that will diversify revenue.

Excellent Backing

Merit Circle has attracted many notable venture capital firms and other big-name players in the Play-to-Earn space. Some of the people involved with the early development of Axie are in fact part of this DAO.

Merit Circle has also raised nearly $4.5 million from major VC or venture capital firms. This clearly shows that there is something unique here. Besides, there also seems to be a lot of commitment from the team and advisors to stay in the long term. So, this is not just a project that will be here for a few months and die. It is built to deliver long-term value to investors.

The Play-To-Earn Revolution

Play-to-earn and play-to-win are expected to continue growing soon. In 2022 for example, several key games are expected to come out and the number of daily active users on play-to-earn platforms is surging.

We are also seeing increased integration of NFTs and metaverse experiences in play-to-earn. This industry has the potential to deliver so much value in the future and Merit Circle is likely to benefit from this growth.


Decentralized Autonomous organizations or DAOs are creative ways to get involved in many blockchain projects. Merit Circle DAO offers investors the chance to explore the possibility of the high-potential play-to-earn sphere.

The DAO is innovatively structured to offer value for investors and looks very ambitious in its vision. It is by far one of the most promising gaming DAOs right now and it is surely worth your consideration.

We hope this information will help you in your investment process, but this is not investment advice. Every investment carries risk, especially in this industry, so DYOR before making a decision.


Matt is a Certified Financial Planner® and investment advisor based in Columbia, South Carolina. He writes personal finance and investment advice for The Ascent and its parent company The Motley Fool, with more than 4,500 published articles and a 2017 SABEW Best in Business award. Matt writes a weekly investment column ("Ask a Fool") that is syndicated in USA Today, and his work has been regularly featured on CNBC, Fox Business, MSN Money, and many other major outlets. He’s a graduate of the University of South Carolina and Nova Southeastern University, and holds a graduate certificate in financial planning from Florida State University.

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