Merit Circle
Gibraltar, GX111AA
Overview
Merit Circle is a decentralized autonomous organization focused on developing the play-to-earn economy.
- Total investments
- 22
- Lead investments
- 5
- Investments · 12mo
- 0
- Active investors
- 4
Investment portfolio
- Pixelverse
Led · Equity · Jun 2024
Pixelverse develops entertainment content and a game ecosystem focused on bringing mainstream users into Web3 through low-barrier games. The company’s product strategy centers on granting players true ownership of in-game assets and rewarding loyalty. It aims to create immersive experiences designed for large-scale adoption and appeal to traditional Web2 gamers. Pixelverse completed a new financing round that raised $5.5 million. That round was described as a strategic investment led by notable venture funds and founders from the games and Web3 sectors. Investors named in the round include Delphi Ventures, Merit Circle, Mechanism Capital, Bitscale Capital, Ghaf Capital, Big Brain Holdings, LiquidX, Foresight Ventures, Sébastien Borget, Luca Netz, Dingaling, DCF GOD, Grail and James Kwon.
- Param Labs Inc
Participated · Seed · May 2024
Param Labs is a game infrastructure service provider whose flagship title is Kiraverse. Kiraverse is a third-person shooter multiplayer Web3 game. Players can compete, earn and trade unique digital assets such as characters and skins. The company provides infrastructure and services to support these Web3 game experiences. Recently Param Labs raised a $7 million seed round. Investors in the round include Animoca Brands, Delphi Ventures, Cypher Capital, P2 Ventures, Mechanism Capital, Merit Circle, TRGC Capital, Double Peak and MH Ventures.
- BloodLoop
Led · Seed · Mar 2024
BloodLoop is a free-to-play 5v5 third-person hero shooter produced by Swiss studio 7 Digital Labs that integrates blockchain-based asset ownership and trading. The game features multiple maps and modes, a Forge system to combine materials and fragments into limited-edition skins and artifacts (NFTs), and competitive modes with weekly and monthly leaderboards awarding $BLS. Its infrastructure runs on an Avalanche Subnet to enable instant, secure exchanges, eliminate in-game transaction fees, and reduce friction for players unfamiliar with blockchain. The title registered more than 350,000 users within two weeks and will enter a closed beta in the coming months. 7 Digital Labs has spent over three years developing the project and aims to bridge web2 and web3 gaming by offering traditional gameplay alongside blockchain-enabled true ownership. Proceeds from the recent seed raise will be used to complete development and support the game's launch.
- GAM3S.GG
Participated · Equity · Mar 2024
GAM3S.GG operates as a Web3 game information platform serving Web3 game players. The company recently completed a $2 million financing round. Investors named in the report include DAOs, venture firms and prominent industry founders. GAM3S.GG plans to launch a native G3 token and hold a token generation event in early April. The G3 token will be distributed globally via a public sale and airdrops targeted at Web3 game players.
- READYgg
Participated · Equity · Feb 2024
READYgg is an NFT infrastructure startup. The company completed a new $4 million financing round. Investors in the round included Delphi Digital, NeoTokyo, Merit Circle, Momentum6, Purechain Capital, Alex Becker, and Token Metrics Ventures. READYgg plans to launch a crypto token called RDYX later this year to reward early users. Gaming industry veteran Shawn Layden has joined the company; he previously served as chairman of Sony Interactive Entertainment studios and was an advisor to Tencent.