Merit Circle (MC) Price

Merit circle is a decentralized autonomous organization (DAO). It invests in making money while playing games and takes advantage of NFT by lending the Dao's NFT assets to players. Through collaboration, education and tools, players can increase their game revenue. From 2022 Q1, players and managers will start playing games through the merit circle dashboard, providing them with a merit circle meta game experience, a game with challenges and rewards on top of the native games they are playing. This allows players to play both games at the same time and make profits at the same time. MC is the governance token of merit circle Dao. There are the following current and planned use cases: Governance: MC token holders (mortgage tokens) can vote on network governance decisions. Play to earn index: each MC token represents a part of the maindao vault. Through MC token, users can access multiple NFT games in various subdaos, which will be used as an index of the industry of earning while playing. Pledge: MC token holders can pledge their MC tokens or uniswap LP tokens in the merit circle platform to obtain MC rewards. Preemptive NFT experience: MC token holders can preemptively experience the native NFT from merit circle and the NFT issuance from platform partners. Platform rewards: in the future, MC token holders will be eligible for platform rewards and product discounts based on their MC holdings. The project raised $4.5 million in seed sales and sold 140625000 MC (14.06% of the total token supply). Dao has raised $105.5 million in the balancer liquidity bootstrapping pool through copperlaunch and sold 4102000 MC tokens (4.10% of the total token supply). The funds raised are in the Dao vault.