#1 - Welcome to Merit Circle!
Let's reflect on what we've achieved so far but, more importantly, look ahead to what's yet to come.
The past few months have been a real whirlwind. Since July, we have grown exponentially and now we're just days away from officially launching our DAO. In this first edition of our newsletter, we reflect on what we've achieved so far but, more importantly, look ahead to what's yet to come.
Merit Circle newsletter
We are more than happy to have you here, in this first edition of our newsletter. Bi-monthly, we’ll share an update on our DAO’s activities; what games we’re currently playing, which games are coming up and what you can expect to see in the upcoming months. So, what have we been up to lately?
Key takeaways
We (Merit Circle Limited) raised $4.5 million in our seed round
We partnered with 6 promising projects
We are opening a Balancer Liquidity Bootstrapping Pool on the 2nd of November
We are hiring!
Support from the finest
What started as a one-man operation with Axie 420 has expanded into the broad, decentralized autonomous organization (DAO) that is Merit Circle today.
As operations increased and more scholars arrived, we also grew in terms of people, too. Over the course of a few weeks, we gathered a team of 11 full time employees spread across Europe, Africa and the Philippines, and we’re not done yet. We’re still talking to talented folks around the world and any one of them could, potentially, be the next Merit Circle superstar.
The closure of our seed funding round was another huge step. In early October, we announced that we’d raised $4.5 million from a series of established venture capitalists and strategic partners within the play-to-earn industry and beyond.
Now, with funding secured and our daily operations up and running, we are more than ready to write the next chapter in the Merit Circle story.
Newly formed partnerships
Since Merit Circle launched, we have been in constant contact with founders from other reputable projects and upcoming metaverses. These conversations have led to the creation of a strong set of partnerships that we’re more than delighted to share with you:
Please follow the specific links to read about each partnership. We don't just partner with every game there is, we partner with the finest of the finest to build a long-term sustainable relationship.
Upcoming public round
We are, and will continue to be, a community-first project. The fundamental element is decentralization and this can only be achieved through a widespread distribution of the governance token.
Therefore, we are proud to announce that we will be hosting our Balancer Liquidity Bootstrapping Pool (BLBP) starting on the 2nd of November 2021 to give everyone (except for Prohibited Persons, as defined in the below linked articles) the opportunity to participate in the sale.
If you want to find out more about our BLBP or participate in this upcoming round, please read the following articles:
NFT rewards
As we are active in an industry that revolves around NFTs, we feel it’s only right to release our very own Merit Circle NFTs as a reward to the top-200 contributors who participate in the public round. We will reveal more information regarding this drop in due course as we are still in the early stages of the design process.
A bright future ahead
We are on a mission to become a dominant player in the play-to-earn industry. Given the open friendliness of this space, we want to achieve this by collaborating with established names and grow together to develop the industry and onboard the next generation of gamers.
In the coming months we will be increasing our current scholarship program to ensure we meet our target of onboarding thousands of scholars across multiple games. With each partnership, we unlock new possibilities and more opportunities for scholars.
What’s more, we are actively recruiting a range of talent to join our team and help us achieve our goals:
Head of community
Head of education
Content writer (with knowledge of gaming/crypto)
Senior game designer / Game creative director
If you want to join the Merit Circle family and believe you are the right person for any of the vacancies above, please apply here
We are now just days away from launching the MC token to the public and officially bringing the Merit Circle DAO to life. It’s exciting, humbling and motivating to see so many people eager to start contributing.
Together, we’re building the metaverse!
Thank you, you’ll hear from us again soon!