I truly believe that gaming is the next big thing in crypto. If you are not yet exploring this space, I highly recommend learning more about the blockchain gaming space.

The easiest way to do so is to join blockchain gaming communities that are highly involved with everything that is happening in this space.

There are a few of these communities. One of them we’ve recently covered in one of our Full Digital Asset reports. The project’s name is Yield Guild Games (YGG). This is one of the largest play-to-earn gaming guilds in the blockchain.

The project has done very well since the launch of its token in August and received a high grade from us.

In this email, I will talk about a similar project that can potentially repeat the success of YGG. It is only planning to issue its native token, so there will likely be an opportunity to purchase it early and potentially make some profits.

One of the top play-to-earn DAOs

The name of the project is Merit Circle.

It is a decentralized autonomous organization that aims to build one of the largest guilds in the blockchain space. The project unites investors, platform managers, and gamers, with a mission to maximize value accrual across different games in the metaverse.

Similar to YGG, the project originated from the Axie Infinity community. Currently, Merit Circle DAO manages over 1200 Axie Infinity scholars across the world and is looking to tap into popular games such as Star Atlas, Illuvium, Hash Rush.

Merit Circle Axie Infinity Statistics. Source: meritcircle.io

So if you want to explore blockchain gaming, but don’t know where to start, just join Merit Circle and Yield Guild DAOs. Participate in the discussions, help the community, and you will always be at the forefront of the latest developments in the blockchain gaming sector.

The token is coming soon

Merit Circle does not have a token yet, however, in the near future it is planning to issue one. According to the team:

“As a decentralized autonomous organization, we want to ensure widespread distribution of the $MC token. Therefore, we are actively researching several ways of having a public investment round where anyone will have the opportunity to purchase their stake of tokens and thereby become part of the Merit Circle DAO.”

MC token will give the holder a voice about the future of the DAO. It will also allow participation in dozens of play-to-earn games and precious NFT sales.

Looking at the success of the YGG token, which has a fully diluted market capitalization of more than $6.9 billion, we expect similar success from the MC token.

And we are not alone. Among the project’s investors are DeFiance Capital, Mechanism Capital, Spartan Group, DCG, Maven11, OP Crypto, Dialectic, CitizenX, Yield Guild Games and Bitscale Capital, Jihoz (Axie), Alex and Isaac (Nansen), Gmoney, Kieran, and Danny (Illuvium), Kristaps (Hashrush), Tin (Sipher), Ryan (Teller), Calvin (Impossible Finance), Bobby (Coingecko), Piers (Bitkraft), Richard (Quantstamp), Sergei Chan, Danish Chaudhry, and many others.

Merit Circle Investors and Partners. Source: meritcircle.io

With such an impressive list of investors, the project has the potential to easily be as successful as YGG.

So, I would highly encourage you to put this project on your radar. Follow them on Twitter, and wait for the token launch announcement.

Did you like the content of this Email? Follow us on Twitter.

Our research team at SIMETRI is also constantly sharing alpha. So feel free to follow me: Alexander Mardar, and my colleagues: Anton Tarasov, Sergey Yakovenko, and Nivesh Rustgi.