Merit Circle logo
Merit Circle
MC
$3.20

Sector

DAO

Exchange Debut

2021-11-06

Market Cap

118,808,326

Maxim Supply

646,471,043

Circulating Supply

37,098,680

Circ. Supply(%)

5.74%
Merit Circle logo

Merit Circle

MC

Price

$3.20

Market Cap

Sector

Exchange Debut

118,808,326
2021-11-06

Volume 24h

High 24h

Low 24h

403608
3.591229333002
3.09091688286

Change 24h

Change 7d

Change 30d

-7.9213
12.5065
86.868

Maxim supply

Circulating supply

Circulating supply(%)

646,471,043
37,098,680
5.74%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Merit Circle – MC cryptocurrency:

Merit Circle – MC, with its compelling vision at the juncture of capital, expertise, and players in the metaverse, has solidified its position as a leading DAO. This project is unique in its approach to amalgamate investors, platforms, managers, and gamers, aiming for maximal value accrual across the metaverse. This fundamental analysis of the Merit Circle – MC cryptocurrency provides an in-depth look at the project’s strengths and areas for potential growth.

SOCIAL & MASS MEDIA: Score 7.12 out of 10

Merit Circle’s ability to attract followers is undeniable with a perfect score of 10, reflecting its massive traction on social platforms. The active participation of its social media administrators also boosts its appeal. However, the community activity on these platforms seems lukewarm, which might be an area to focus on. Media presence is moderate, and the chat group communities show high engagement, another commendable point for Merit Circle.

AUDIT & SECURITY: Score 6.18 out of 10

The fundamental analysis of the Merit Circle – MC cryptocurrency shows an above-average score in audits and security. Transparency and audit results show similar results, highlighting the project’s commitment to ensuring safety for its users. Liquidity on exchanges, though, is slightly higher, showcasing its stability in trading platforms.

TOKENOMICS: Score 6.68 out of 10

The project’s inflationary stance and the centralization of its monetary mass are decently ranked, reflecting the team’s thoughtful economic approach. However, there’s always room for improvement to elevate the project’s tokenomics further.

ECOSYSTEM DEVELOPMENT: Score 5.40 out of 10

Merit Circle is moderately successful in achieving its objectives and bringing new developments. A closer alignment with their goals might enhance their position in the market even further.

TEAM & DEVELOPERS: Score 1.60 out of 10

Here lies the primary concern. The team’s experience and the number of software developers are considerably low. For a project of such scale, bolstering the team’s expertise and manpower can be critical for its long-term success.

PRODUCT & UTILITY: Score 7.20 out of 10

The utility of Merit Circle’s product is commendable, reflecting its applicability and potential in the current market. However, the token’s utility within the ecosystem might need some enhancements for a more integrated experience.

PARTNERS & INVESTORS: Score 6.75 out of 10

With stalwarts like DeFiance Capital and Yield Guild Games backing the project, the investor strength is undoubtedly notable. The quality and number of partners are respectable but can be improved upon to fortify the project’s reach and impact.

Fundamental analysis of the Merit Circle – MC cryptocurrency – The final conclusion

In wrapping up this fundamental analysis of the Merit Circle – MC cryptocurrency, there’s an evident blend of strengths and areas ripe for growth. The robust presence in social media, product utility, and esteemed investors are the project’s shining stars. However, the limited expertise of the team, coupled with the moderate ecosystem development, highlights some risk factors potential investors must weigh. Overall, the Merit Circle offers an intriguing investment opportunity, especially for those who believe in the transformative power of metaverse DAOs. The challenge lies in ensuring consistent growth, community engagement, and possibly restructuring the core team for an enriched and secure metaverse experience.

What is Merit Circle – MC?

Merit Circle: A Comprehensive Overview

Merit Circle stands out as a leading DAO, targeting maximum value accrual across various metaverse games. This platform seamlessly merges capital, expertise, and players, which encompasses investors, managers, and most importantly, gamers. A remarkable aspect of Merit Circle is its potential to offer substantial returns. These returns can provide a transformative income for many gamers. The project’s scholarship program is already resonating, with over 500 scholars actively participating in Axie Infinity.

Economic Flow and Partnerships

Notably, significant revenues are pouring into the Circle of Merit. These revenues benefit not just the DAO but also the players and liquidity providers. Moreover, with the intent to tap into other metaverse opportunities, the revenue stream is likely to grow. The project’s credibility is further bolstered by its partnership with esteemed names like DeFiance Capital, Spartan Group, and Yield Guild Games, to name a few. These industry giants, along with angel investors, poured in support during its seed round, aggregating a raise of $4.5 million.

Ensuring Network Security

When conducting a fundamental analysis of the Merit Circle – MC cryptocurrency, it’s pivotal to consider its security. An extensive audit by Quantstamp, a renowned security assessment firm, reinforces the project’s security robustness. After resolving 12 identified issues, the project welcomed individual senior developers for another layer of scrutiny. Moreover, a community-involved bug bounty further fortified the project against vulnerabilities.

Fundamental analysis of the Merit Circle - MC cryptocurrency

Merit Circle - MC performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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