The $100 Million Gaming DAO Merit Circle Partners with Immutable to Expand Beam Blockchain and Sphere NFT Marketplace
The $100 million gaming DAO, Merit Circle, has recently announced a strategic partnership with Immutable to broaden the reach of its various products. This strategic move involves expanding Merit Circle’s Beam blockchain and its Sphere NFT marketplace onto Immutable’s zkEVM infrastructure. This includes the utilization of technology such as Immutable Orderbook and Immutable’s Passport onboarding wallet. The expansion onto Immutable’s infrastructure comes after being exclusively deployed as an Avalanche subnet, marking a significant expansion for Merit Circle.
The Impact of the Partnership
The recent partnership with Immutable follows Merit Circle’s collaboration with Pantera Capital, resulting in an impressive 850% increase in the price of Merit Circle’s new Beam token since June 2023. With this momentum, Merit Circle aims to position its gaming ecosystem, Beam, at the forefront of gaming, aligning with games, players, and developers. CEO Marco van den Heuvel expressed, “At the Merit Circle DAO, we want Beam to be wherever games, players, and developers are. This collaboration with Immutable and Polygon Labs represents a huge leap towards that vision.”
The Vision for the Future of Gaming
Van den Heuvel emphasized the significance of blockchain technology in shaping the future of gaming and the importance of providing a marketplace that reflects this shift. The partnership with Immutable and Polygon Labs aims to integrate user-friendly applications with Immutable’s zkEVM, powered by Polygon, to create a pivotal component of the gaming landscape in the near future. The Merit Circle DAO is enthusiastic about the potential of this collaboration and the opportunities it will unlock for the gaming community.
Discover More at Merit Circle Website
For further information on the strategic partnership and Merit Circle’s gaming ecosystem, visit the Merit Circle website.
For the latest updates on virtual reality gaming and industry news, visit VR Game News.