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
$976,617.33
-1.07%
FDV
$976,617.33
Circulating Supply
11,906,525.341 MC
Max Supply
11,906,525.341 MC
Total Supply
669,811,161 MC
Diluted Valuation
$967,393.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$61.96
Volume (7D)
$425.61
Volume (30D)
$1,704.38
All time high
$10.70
Overall Price Change (1Y)
-0.97%
Additional info about Merit Circle
Recent trends
The price of Merit Circle has increased by 0.09% in the last hour and decreased by 0.65% in the past 24 hours. Merit Circle’s price has also fallen by 0.26% in the past week. The current price is $0.0816 per MC with a 24-hour trading volume of $61.96. Currently, Merit Circle is valued at 99.24% below its all time high of $10.70. 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 $976,617.33.
Market details
MC vs markets
↘ 97.71%
MC vs BTC
↘ 97.93%
MC vs ETH
↘ 94.66%
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 | $0.0816 | ↘ 0.65% |
1 Day | $0.0822 | ↘ 0.65% |
1 Week | $0.0818 | ↘ 0.26% |
1 Month | $0.0915 | ↘ 10.78% |
1 Year | $3.03 | ↘ 97.30% |
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.
Merit Circle aims to change the gaming industry by developing the play-to-earn economy. It provides a platform where gamers can be compensated while playing their favorite games. This not only enhances the gaming experience but also provides an opportunity for gamers to gain new skills that will be in high demand as employers expand into the crypto metaverse. Merit Circle also intends to support other games in the metaverse, providing more opportunities for gamers to be compensated. Furthermore, it has a list of partners, including DeFiance Capital, Spartan Group, Yield Guild Games, and more, which could lead to more use cases in the future.
Merit Circle was launched on November 4, 2021, but it has been in development since July 2021. Despite its young age, it has gained a community and has become a known player in the play-to-earn gaming space. It currently supports Axie Infinity, a popular monster-battling play-to-earn game, and intends to support other games in the future. Merit Circle has also accumulated $4.5 million during its seed round with the support of its partners and a number of angel investors. The project has been audited by Quantstamp, ensuring the safety of its network.
We update our Merit Circle to USD currency in real-time. Get the live price of Merit Circle on Coinbase.
The current market cap of Merit Circle is $976.62K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Merit Circle is $10.70. 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 $61.96.
Assets that have a similar market cap to Merit Circle include BIB, X Project, Capybara, 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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Social stats
Popularity in posts
#3096
Contributors
49
Posts
53
% About Merit Circle
0.006%
Hold times
0 days
X (Twitter)
41.18% bullish
Sentiment
5.0 ★
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.
Highlights
49 unique individuals are talking about Merit Circle and it is ranked #3,096 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 100 out of 5. Finally, Merit Circle is becoming less newsworthy, with 0 news articles published about Merit Circle.
On Twitter, people are mostly neutral about Merit Circle. There were 41.72% of tweets with bullish sentiment compared to 1.32% of tweets with a bearish sentiment about Merit Circle. 58.28% of tweets were neutral about Merit Circle. These sentiments are based on 29 tweets.
On Reddit, Merit Circle was mentioned in 23 Reddit posts and there were 24 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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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. 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. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.