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What is MC

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1. What is mc?

Merit Circle (MC) is a cryptocurrency based on blockchain technology, aimed at building a decentralised financial ecosystem. In this ecosystem, users can enjoy convenient financial services such as lending, trading, and more. MC features innovative cryptocurrency technology and novel application scenarios, possessing vast market potential and development space. Its uniqueness and appeal may attract the attention of specific groups, thereby driving up its market value. The design of MC aims to provide users with a secure, transparent, and efficient financial services platform.

2. Who founded mc?

The founder of Merit Circle (MC) is Marco Van den Heuvel, a cryptocurrency and blockchain enthusiast who graduated in 2019 from Arnhem Business School in the Netherlands with a degree in International Business and Marketing.

3. Which venture capital firms have invested in mc?

According to the provided information, the investors in Merit Circle (MC) include:

  • DeFiance Capital
  • Mechanism Capital
  • Spartan Group
  • DCG
  • Maven11
  • OP Crypto
  • Dialectic
  • CitizenX
  • Yield Guild Games
  • Bitscale Capital
  • Angel Investors:
  • Bobby Ong, Co-founder of Coingecko
  • Jihoz, Co-founder of Axie
  • Alex Svanevik, CEO of Nansen.

4. How does mc operate?

The MC cryptocurrency (Merit Circle) is a decentralised autonomous organisation (DAO) based on blockchain technology, primarily operating in the gaming industry. Below are its main operational methods:

  1. Four Vertical Domains: Merit Circle operates through four main domains, including investment, gaming, studios, and the Sphere NFT marketplace. These domains together form a robust ecosystem aimed at advancing the value of the MC token.

  2. Investment: Merit Circle's investment division promotes the future development of the gaming industry by investing in numerous projects in the Web3 domain, including venture capital, token investments, NFT investments, and staking activities.

  3. Gaming: The gaming vertical of Merit Circle is deeply rooted in the gaming world, investing in and incubating games, fostering a community with thousands of gamers.

  4. Studios: Merit Circle Studios is a creative hub for incubating innovative projects, leveraging the collaborative capabilities, expertise, and substantial wealth of the DAO to create an open and innovative space.

  5. Sphere NFT Marketplace: The Sphere NFT marketplace aims to establish new standards in the NFT sector by addressing current centralised and fragmented market issues, creating an efficient platform for creators and collectors.

  6. MC Token: The MC token is the native cryptocurrency of the Merit Circle ecosystem, used for governance, decision-making, and rewards within the DAO. The distribution channels for the token include community incentives, team and advisor allocations, DAO treasury, and staking rewards.

  7. Decentralisation and Autonomy: As a DAO, Merit Circle empowers individuals to actively participate in shaping the future of gaming, cultivating a new community where the energy and skills invested in gaming translate into actual ownership for users.

In summary, the Merit Circle (MC) cryptocurrency aims to foster the development and innovation of the gaming industry through its diversified ecosystem and decentralised autonomous approach.

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