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Merit CircleMC
Rank: 178
221 Watchlists
GameFi
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Contracts/Blockchains:

Ethereum

Merit Circle Price

$ 0.420
1.62

0.0000255

Low
High

$ 0.462

$ 0.413

About Merit Circle

Merit Circle is a game guild DAO focusing on maximizing yield across play-to-earn games and the metaverse.
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Merit Circle Live Chart
The Merit Circle to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
MC Price Statistics
Market Cap
$ 132,176,433
Ƀ 8,033
FDMC
$ 281,026,419
ATH Market Cap
$ 3,706,612,921
24h Trade Volume
$ 6,952,525
Ƀ 422.53
Circ. Supply
MC 314,757,346
(46.99%)
Total Supply
MC 669,811,161
Max Supply
MC 669,811,161
All Time High
$ 11.78
(02 Dec 2021)
From ATH
-96.4%
From ATL
+10.4%

MC to USD Converter

MC
USD

MC - USD Price Change

PeriodChangeChange (%)HighLow
24H$ 0.00669+1.62%$ 0.462$ 0.413
7D-$ 0.00773-1.81%$ 0.462$ 0.380
14D-$ 0.0375-8.2%$ 0.462$ 0.380
1M-$ 0.307-42.2%$ 0.773$ 0.380
3M-$ 0.288-40.7%$ 0.903$ 0.380
6M-$ 0.579-58%$ 1.39$ 0.380
YTD-$ 4.44-91.4%$ 5.54$ 0.380
1Y-$ 8.53-95.3%$ 11.78$ 0.380
Load Annual Price

Merit Circle Markets

ExchangePairLast PriceChange (24H)High (24h)Low (24h)SpreadVolume (24h)

Merit Circle Live Info Today

Merit Circle functions as a decentralized autonomous organization (DAO) that hopes to be able to influence the direction of blockchain gaming. It aims to help build the metaverse by investing in play-to-earn games and encouraging the use of its products across the globe.

The platform’s native cryptocurrency is the MC token. It has a total supply of 1,000,000,000.

What are Merit Circle’s key features and how does it work?

The Merit Circle DAO has a unique infrastructure designed to stimulate growth. It consists of several layers and elements. At the top of the structure is the MainDAO. The MainDAO’s objective is to facilitate governance of the entire ecosystem, generate yield farming income, provide soft floor MC token price, and ensure support and development of subDAOs.

SubDAOs are found in the second layer of the Merit Circle platform. Each subDAO represents Merit Circle’s activities in specific play-to-earn games. For example, a subDAO for Axie Infinity exists. A subDAO is designed to ensure the scaling of the game it represents, develop NFTs for the game, and maximize earning strategies. Profits from each subDAO are reinvested into the entire ecosystem and can be put towards operations in a different subDAO, or overall platform maintenance.

Vaults are the next layer crucial to Merit Circle’s operation. Vaults are linked to subDAOs and represent strategies that each subDAO can use in order to generate the most profits. Vaults are specific to each subDAO. This is because each game will have different earning mechanics and therefore require a different set of strategies in order to maximize returns.

Since NFTs are often used in blockchain gaming, Merit Circle has developed its own marketplace where players can trade, buy, and sell NFTs for use within games.

What is noteworthy about Merit Circle?

As part of Merit Circle’s products and services, the platform also incubates games via its very own gaming Studio. It helps non-Web3.0 games to transition into the space, as well as, allows Merit Circle’s own creations to be developed and receive support. Edenhorde is an example of a game incubated from within the Merit Circle DAO.

What can MC be used for?

The MC token has several use cases within the Merit Circle ecosystem. First and foremost, the MC token plays a vital role in platform governance. Holding even one MC token means that the owner can take part in the DAO. Anyone can submit proposals in the Merit Circle forum to be further discussed. Token holders are then entitled to vote on proposals, to either accept or reject them. An example vote could be on deciding how MC treasury funds will be used. Votes take place on Merit Circle’s dedicated Snapshot voting platform.

MC can also be staked via the staking portal. This allows holders to earn extra rewards on their MC tokens.

Where can you buy MC?

MC is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Binance, Gate.io, Huobi Global, and Pancake Swap. The price of MC will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for MC market prices, please view the price charts on this page.

Merit Circle's current price is $ 0.420, it has increased +1.62% over the past 24 hours.

Merit Circle's All Time High (ATH) of $ 11.78 was reached on 2 Dec 2021, and is currently -96.4% down.

The current circulating supply of Merit Circle is 314.76 Million tokens, and the maximum supply of Merit Circle is 669.81 Million.

Merit Circle’s 24 hour trading volume is $ 6.95 Million.

Merit Circle's current share of the entire cryptocurrency market is 0.02%, with a market capitalization of $ 132.18 Million.

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