Merit Circle closes $4.5M seed round to revolutionize the P2E gaming industry
Summary
Merit Circle announced a $4.5 million seed round to expand its play-to-earn gaming DAO. The company says the capital will help scale operations, onboard more scholars, and broaden its presence across multiple blockchain games. It also highlights backing from venture firms, strategic partners, and gaming industry figures, along with partnerships tied to Axie Infinity, Star Atlas, Illuvium, Hash Rush, and Nyan Heroes. The article positions Merit Circle as a growing participant in the web3 gaming economy and says it will prepare for upcoming game launches and token-related community activity.
Funding
Amount
$4.5M
Total raised
Date
October 7, 2021
Announcement date
Investors
Dialectic, Maven 11 Capital, Digital Currency Group, Spartan Group, DeFiance Capital, Mechanism Capital
Lead investors
Company
meritcircle.io
Funded company
Classifications
industries
No industries detected
applications
Data Management
AskAI Classifications
Labels
Blockchain Software
Cryptocurrency Wallets
Web3 Platforms
Linked Companies
Beam
$1M to $5M