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.
Trading Insights
Searched
3
Market Stats
Market Cap
£989.52K
3.96%
FDV
£989.52K
Circ. Supply
12M MC
Max Supply
12M MC
Total Supply
670M MC
Diluted Valuation
£989.31K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£1.71K
-3.03%
Volume (7D)
£24.70K
Volume (30D)
£89.09K
All time high
£7.99
Price Change (1Y)
-93.89%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Merit Circle has increased by 5.81% in the last hour and increased by 5.87% in the past 24 hours. Merit Circle’s price has also risen by 13.39% in the past week. The current price is £0.0831 per MC with a 24-hour trading volume of £1.71K. Currently, Merit Circle is valued at 98.96% below its all time high of £7.99. This all-time high was the highest price paid for Merit Circle since its launch.
The current circulating supply of Merit Circle is 11,906,525.341 MC which means that Merit Circle has as total market cap of £989,518.12.
Market details
MC vs markets
↘ 96.25%
MC vs BTC
↘ 96.69%
MC vs ETH
↘ 93.91%
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 | £0.0831 | ↗ 5.87% |
1 Day | £0.0784 | ↗ 5.87% |
1 Week | £0.0722 | ↗ 13.39% |
1 Month | £0.0543 | ↗ 51.01% |
1 Year | £1.41 | ↘ 93.89% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
The Merit Circle platform is a DAO (decentralized autonomous organization) that creates earning opportunities for people who are expanding the metaverse. DAO refers to decentralized social organizations described by rules encrypted as a transparent computer program. More precisely, the platform hosts several educational and scholarship opportunities and provides resources to aspiring gamers in the metaverse.
Moreover, Merit Circle aims to revolutionize gaming and educate players. Additionally, the DAO comprises a platform for gamers to earn revenue by participating in games in the play-to-earn model. Additionally, the network provides competitive in-game resources to the players. Also, the platform hosts classes and offers educational content for players to improve their performance. At present, 20 games are available on the Merit Circle DAO. Also, every profit earned by the player is split into two parts. More precisely, the platform keeps 30% of the profit and distributes the remaining share to the gamer as a reward.
In addition, the DAO is developing a platform covering everything a player requires or wants to know. Hence, Merit Circle aims to provide gamers with a place where they can easily switch between games and see their in-game statistics. Also, with the use of the platform, users can conveniently access their finances without quitting the ongoing game.
Additionally, Merit Circle includes the main DAO controlling several sub-DAOs that help in the expansion of the play-to-earn sector. Moreover, various individuals enable the governance of the platform’s protocol supported by the MC token holders.
MC token is a governance token of Merit Circle that holders can use to contribute to the decision-making of the DAO. Governance tokens refer to cryptocurrencies that grant voting rights to the holders. Besides this, users can state MC tokens for a substantial amount of the coins.
The Merit Circle released its platform in the fourth quarter of 2021.
We update our Merit Circle to GBP currency in real-time. Get the live price of Merit Circle on Coinbase.
The current market cap of Merit Circle is £989.52K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Merit Circle is £7.99. This all-time high is highest price paid for Merit Circle since it was launched.
Over the last 24 hours, the trading volume of Merit Circle is £1.71K.
Assets that have a similar market cap to Merit Circle include $COPPER, A Fork in the Road, Brett's cat, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Merit Circle is 12 million.
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Legal
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