Merit Circle DAO and NFT Gaming Guild | Pros, Cons, and Getting Started

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Merit Circle is a play-to-earn gaming guild that follows a decentralized autonomous organization (DAO) governance structure. Its goal is to create new opportunities for crypto and gaming enthusiasts to earn as they play and build the metaverse together.

It accomplishes this through making investments in play-to-earn games and by distributing the DAO’s game assets to its global community of players, developers, and contributors. The platform the team is constructing offers guild gaming opportunities, educational content, and many other resources that a player could require to start their career in the play-to-earn gaming sector.

How does Merit Circle work?
The Merit Circle DAO is made up of a primary DAO that oversees multiple subDAOs that act as pieces of the larger gaming ecosystem puzzle and extend over the play-to-earn industry. The DAO is maintained by several independent individuals and organizations through DAO governance, giving $MC token holders influence over decision-making.

The DAO is vertically-integrated and consists of four verticals – Merit Circle Investments, Studios, Gaming, and Marketplace. Each vertical can exist alone with its own line of products and goals, but when joined together, they create an ecosystem that makes the Merit Circle DAO a powerful influence over the entire play-to-earn industry.

The Merit Circle DAO has worked hard to build a durable treasury made up of venture, token, NFT, and yield-farm operations ever since its creation. It has made several investments in different initiatives throughout the sector.

All of this with the goal of creating opportunities for players, developers, and contributors to earn rewards and work together to build the metaverse.

Merit Circle scholarships
As part of a rewards-sharing scheme, Merit Circle offers scholarships to new players. The DAO buys non-fungible token (NFT) assets and leases them to new players so they may begin playing and earning in-game tokens without having to invest any money.

In Merit Circle, players can become scholars by either (1) going through an application process or (2) waiting for a Merit Circle event or giveaway to be announced and for new slots to be opened.

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2 سال پیش در تاریخ 1401/05/11 منتشر شده است.
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