Buy Merit Circle (MC)
What is Merit Circle?
Merit Circle is a decentralised autonomous organisation (DAO) dedicated to enhancing yields in play-to-earn games and the metaverse. It aims to support gamers and developers by integrating blockchain technology into gaming, offering true ownership of in-game assets.
How does Merit Circle work?
Merit Circle operates on the Ethereum blockchain, using a decentralised governance model. The MC token allows holders to participate in decision-making processes within the DAO. It supports the gaming ecosystem by providing scholarships, managing a treasury with in-game assets, and offering NFT markets through platforms like Sphere.
What are the potential use cases for Merit Circle?
- Play-to-Earn Games: Supporting games that allow users to earn cryptocurrency by playing.
- NFT Marketplace: Operating a platform for trading NFTs and in-game assets.
- Beam Network: Provides blockchain solutions for gaming, offering true asset ownership and decentralised transactions.
- Community and Education: Offering educational opportunities and scholarships to gamers, fostering a community-driven governance model.
What is the history of Merit Circle?
Founded in July 2021 by Marco van den Heuvel, Merit Circle originated from the Axie 420 Scholarship Program. It expanded beyond Axie Infinity, quickly developing its DAO structure and governance model. Significant achievements include the migration to BEAM tokens, the introduction of a new staking module, and its integration in the wider blockchain gaming industry.
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Frequently Asked Questions (FAQs)
What is the current price of Merit Circle (MC)?
The Merit Circle price is $0.49890593 AUD, representing a -0.08% from the day prior.
Where is the best place to buy Merit Circle (MC) in Australia?
The best place to buy Merit Circle (MC) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Merit Circle (MC) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Merit Circle (MC)?
The trading volume of Merit Circle (MC) is $3.8K AUD in the last 24hrs, representing a -0.08% from the day prior.
How can I buy Merit Circle (MC)?
Merit Circle (MC) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Merit Circle (MC)?
The current market cap of Merit Circle (MC) is $3.9M AUD.
Can I convert Merit Circle (MC) to cash?
Yes - With Coinstash you can convert your Merit Circle (MC) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Merit Circle (MC) are there?
The current circulating supply of Merit Circle (MC) is 11.9M.
Is Coinstash a safe place to buy Merit Circle (MC) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Merit Circle (MC) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.