What is MC?

Merit Circle is a decentralised autonomous organisation (DAO) focused on investment in the metaverse, blockchain gaming and play to earn (P2E) games. The DAO utilises its funds to purchase non-fungible tokens (NFTs) in P2E games and rents them out to players, charging a fee on any in-game earnings they may receive. This fee is then distributed to holders of the MC token. Holders of MC can stake their tokens for yield and also have access to in-game rewards and discounts from Merit Circle’s platform partners. Furthermore, MC acts as the governance token for Merit Circle and provides holders the ability to vote on governance decisions.