Merit Circle

Merit Circle is a decentralized autonomous organization aimed at enhancing the play-to-earn economy within the metaverse. It focuses on maximizing value across various games by creating opportunities for gamers to earn while participating in the development of the metaverse. The organization offers scholarship and educational programs to support individuals seeking to engage with and benefit from this evolving digital landscape. Through its decentralized protocol, Merit Circle seeks to empower users, facilitating their journey in the metaverse and fostering a community dedicated to collective growth and value creation.

Marco Van Den Heuvel

Co-Founder

Tommy Quite

Co-Founder and CFO

47 past transactions

Qooverse

Pre Seed Round in 2024
Qooverse is a Web3 gaming studio that creates fast-paced, win-to-earn mobile card games with a compelling gameplay loop. This involves developing an ecosystem of mid-core and casual social games for Telegram and future social platforms.

KOKODI

Seed Round in 2024
KOKODI is a game development company specializing in multi-platform, massively multiplayer online (MMO) games. Their flagship product is a cross-chain game that leverages zero-knowledge cryptography, allowing players to engage in immersive gameplay across various platforms. The game is set in a unique universe inspired by children's imaginations, blending extraction shooter and battle royale elements. It features a dynamic in-game marketplace, fostering a thriving economy for both gamers and enthusiasts.

Oxalis games

Venture Round in 2024
Oxalis Games develops games and is now creating the next generation of crypto games.

Gameplay Galaxy

Seed Round in 2024
Gameplay Galaxy is a pioneering developer of a decentralized, Web3-based competitive gaming platform focused on esports. Their platform enables players to engage in realistic, dynamic racing games while offering opportunities for game ownership and shared success through features like 'compete', 'buy', 'evolve', and 'trade'.

Param Labs

Seed Round in 2024
Param Labs is a development studio focused on creating a modular and interconnected Web3 gaming ecosystem. The company specializes in the development of multiplayer blockchain games, employing AAA design principles and advanced gaming technology. By integrating blockchain elements, Param Labs enables gamers to engage with high-quality games while benefiting from player-owned digital assets. Their aim is to enhance the multiplayer gaming experience through innovative infrastructure and technology solutions.

BloodLoop

Seed Round in 2024
BloodLoop is a gameplay system that allows games without having to be a pro player. They provide the MMO and social components for the guilds, farming materials, and crafting artifacts, or build the plot and arenas from the ground up.

Crystals of Naramunz

Seed Round in 2024
Crystals of Naramunz develops an action RPG set in the post-apocalyptic steampunk world. The ambition of Crystals of Naramunz is to launch a blockchain-enabled game with a low barrier of entry and an enjoyable experience for all gamers.

Crypto Rogue Games

Seed Round in 2024
Crypto Rogue Games is a gaming and blockchain platform.

PLAY

Venture Round in 2024
PLAY turbocharges games with AI agents and crypto rails. PLAY is a layer 0 protocol that enables AI agents to transact autonomously in games and social apps by bringing web2 games onchain. Any game, any chain, any platform. Tooling: A turnkey solution to plug blockchain and AI into any game in days, not years. Distribution: ‘pump fun’ for publishing fun onchain games directly in social apps like Telegram Discord, and YouTube. Launching games on every platform: Apple & Android, Mobile & PC, Unity & Unreal, EVM, SVM & Move. Abstracted everything: wallets, chains, accounts, co-pilots. The only tech stack needed to launch a game economy, monetization, UA, and UGC.

Forgotten Playland

Seed Round in 2024
Forgotten Playland, developed by Vermilion Studios, is a Web3 social gaming platform that creates an engaging environment for players to interact and socialize through gameplay. Designed as a virtual playground for abandoned toys, the platform features a variety of minigames that offer extensive customization options, allowing players to showcase their individuality and creativity. By fostering a lively gathering spot, Forgotten Playland enhances the social gaming experience, enabling users to connect and engage in a unique and imaginative setting.

Fyde Treasury

Seed Round in 2023
Developer of a treasury protocol management software designed to offer a comprehensive decentralized finance protocol for crypto treasuries. The company's software helps catalyze the shift to a decentralized future by building the next generation of the financial infrastructure that creates sustainable crypto treasuries, enabling protocols and blockchain operators with the ability to diversify their assets, unlock liquidity in their treasury and receive cash flow.

Farcana

Seed Round in 2023
Farcana is a blockchain-based gaming metaverse centered around a high-quality immersive shooter game set on Mars. The game's narrative unfolds as humanity, facing dwindling resources on Earth, embarks on expeditions to the red planet in pursuit of Infilium, a powerful energy source. Farcana distinguishes itself with its innovative Play-to-Hash economic model, which is patented in the United States and aims to provide a stable and transparent gaming experience, enhancing the traditional Play-to-Earn market. The company also develops a game launcher and companion application that allows players to access the game, track their statistics, manage their in-game experiences, and customize their characters, all while participating in a competitive environment.

Tribo Games

Seed Round in 2023
Tribo Games is a mobile-first game studio focused on developing web3 games. The company specializes in creating mobile-based multiplayer games that allow players to engage with blockchain technology and earn rewards through their gameplay. By integrating non-fungible tokens (NFTs) into their games, Tribo Games enables players to have digital ownership of their in-game assets, providing a potential income source for gamers.

Aethir

Seed Round in 2023
Aethir is a developer of decentralized cloud infrastructure that aims to transform the accessibility of complex cloud resources, particularly for the AI and gaming industries. By utilizing a real-time rendering network, Aethir aggregates and intelligently reallocates computing power from various sources, including enterprises, data centers, cryptocurrency mining operations, and individual consumers. This innovative approach allows Aethir to provide cloud services at a lower cost compared to traditional centralized infrastructures, thereby enabling a wider range of clients to access and utilize cloud resources on a global scale.

Delabs Games

Seed Round in 2023
Delabs Games operates as a blockchain game developer.

Pixion Games Limited

Seed Round in 2023
Pixion Games Limited is a pioneering force in the realm of competitive multiplayer gaming, driven by a steadfast commitment to accessibility, enjoyment, and empowerment. Founded on May 2, 2017, by Kam Punia, our company boasts a dedicated team of 50 individuals passionate about revolutionizing the gaming landscape. At Pixion, we believe that competitive gaming should be inclusive and rewarding for all, which is why we've introduced Lunchtime Esports, a new frontier in snackable competitive gaming experiences. Our blockchain-powered platform, Pixion League, not only fosters intense competition but also ensures that players truly own their rewards, embodying our vision of Play-to-Own gaming. With an annual revenue of $2 million, Pixion Games stands as a beacon of innovation, redefining the boundaries of multiplayer gaming one exhilarating match at a time.

Pixion Games

Seed Round in 2023
Pixion Games Limited is a developer of real-time multiplayer mobile games, founded in 2017 and headquartered in London, United Kingdom. The company specializes in creating competitive esports games that emphasize player versus player (PVP) experiences on mobile devices. Pixion Games aims to make competitive gaming accessible and enjoyable for a wide audience, focusing on games that are easy to learn and engaging to play. Utilizing a blockchain-powered system, Pixion enhances the gaming experience by providing rewards for participants and fostering community governance. Their platform supports both iOS and Android devices, allowing gamers to compete and enjoy fun, on-the-go gameplay with friends.

SuperDuperSecret

Pre Seed Round in 2023
The developer's initial game, Royale Chess, a ten-player battle royale chess game, is the first of many to be released on their meta-game platform, which focuses on multiplayer, evergreen games.

Redemption Games

Seed Round in 2023
Redemption Games, Inc. is a mobile gaming company based in Carlsbad, California, founded in 2015. The company specializes in developing and publishing casual games for mobile devices, including popular titles such as Cookie Jam and Sweet Escapes. Redemption Games aims to entertain users with its engaging game designs and operates its offerings as live services, emphasizing the importance of skillful marketing and game operation to achieve success in a competitive app marketplace. With hundreds of thousands of games available, the company focuses on creating enjoyable experiences for players.

Avalon

Seed Round in 2023
Avalon is an Orlando, Florida-based company focused on transforming the game creation process through its innovative platform. The company operates a gaming studio that provides immersive digital entertainment and tools designed to facilitate the development of games and virtual experiences. By enhancing collaboration among creators, Avalon aims to elevate the quality of games produced within the industry, making the development process more enjoyable and efficient.

Oh Baby Games

Seed Round in 2023
Oh Baby Games is a developer of an innovative entertainment platform focused on the future of crypto gaming. The company specializes in creating a space that allows developers to leverage blockchain technology, facilitating cross-game collectibles and wallet-to-wallet connectivity. Its platform supports multi-login functionality and includes libraries that enhance the gaming experience. By enabling developers to integrate blockchain features, Oh Baby Games aims to provide players with the ability to connect with friends and engage in online chats, thereby enriching the overall interactive experience in the gaming landscape.

Roboto Games

Series A in 2022
Roboto Games, Inc. is a game development studio based in San Mateo, California, founded in 2013 by Curt Bererton and Mathilde Pignol. The company specializes in creating mobile and computer games, focusing on synchronous multiplayer action games that are designed to be engaging and fun. Roboto Games aims to connect friends and family through its casual multiplayer offerings, while also catering to a broader audience with mid-core games that provide solo gameplay experiences. The studio is composed of experienced professionals from the gaming industry and has a history of innovation, having previously founded ZipZapPlay, a web and Facebook games company sold to PopCap in 2007.

Stems Labs

Pre Seed Round in 2022
Stems Labs is a community and platform for collaborative creativity. Through web3 tools, it encourages artist and fan engagement. For example, a musician can share their music stems or a mix of drums, bass, guitar, and other individual musical tracks with the Stem community. Users can then remix the audio to create new music NFTs, with royalties paid to the original artists upon sale.

Gameplay Galaxy

Seed Round in 2022
Gameplay Galaxy is a pioneering developer of a decentralized, Web3-based competitive gaming platform focused on esports. Their platform enables players to engage in realistic, dynamic racing games while offering opportunities for game ownership and shared success through features like 'compete', 'buy', 'evolve', and 'trade'.

CLUB

Seed Round in 2022
CLUB is a mobile football fantasy game that allows users to create their own football club. The company was founded in 2020 and is based in London, England.

Azuro

Seed Round in 2022
Azuro is a global decentralized betting protocol that leverages smart contracts to enhance transparency in the betting process. By providing a classic betting experience with diverse markets and liquidity, Azuro aims to democratize the betting landscape through innovations such as collectible bets and gamification using NFTs. The protocol facilitates liquidity provision and allocation while enabling front-end management and data provision through oracles. Additionally, it incorporates decentralized governance, allowing the community to manage operations effectively. Azuro is committed to offering an engaging and responsible betting environment with reduced service costs and full transparency.

Kaleidoco

Seed Round in 2022
Kaleidoco is a technology company built for Web3 experiences.

Cantina Royale

Funding Round in 2022
Cantina Royale is a blockchain gaming platform that combines play-to-earn mechanics with NFT technology, offering players a unique gaming experience. As a shooter game, it allows users to utilize various NFT collections in both player-versus-player and player-versus-environment missions. The platform integrates advanced 3D modeling technologies to ensure NFT interoperability within its gaming universe. Additionally, it provides NFT owners the ability to lease their digital assets to other players, facilitating automatic division of in-game rewards. By merging traditional gaming elements with innovative technological advancements, Cantina Royale aims to make the gaming experience accessible to a broader audience without requiring significant initial investment.

Saga.xyz

Seed Round in 2022
Saga.xyz gives visionaries the high-end tools and support they need to turn their blockchain dreams into reality.

Metatheory

Series A in 2022
Metatheory Inc. is an interactive technology and entertainment company focused on the development of Web3 games and community-driven experiences. It aims to inspire imagination by connecting people worldwide through immersive virtual worlds. The company specializes in creating interactive content that allows users to engage in audience-driven story development, enjoy enjoyable gameplay, and experience digital ownership through blockchain technology. By leveraging cross-generational intellectual property, Metatheory seeks to empower gamers and foster social connections within its innovative environments.

Goons of Balatroon

Seed Round in 2022
Goons of Balatroon is a developer of a video gaming platform that provides users with access to a 2D-3D-hybrid metaverse. This metaverse features play-to-earn card strategy games and allows users to own land within the Elysium ecosystem. The platform enables gamers to earn rewards through Non-Fungible Tokens (NFT) ownership, allowing them to scale their reward rates at their own pace.

Blast Royale

Initial Coin Offering in 2022
Blast Royale is a blockchain-based play-to-earn platform that allows players to earn Craft Spice while playing matches. The game uses two tokens, the primary token Blast (BLST) and Craft Spice (CS), the in-game P2E token of the Blast Royale Metaverse. BLST is used for trading NFTs on the Blast Royale marketplace and crafting new NFTs, whereas CS has numerous utility uses, including crafting and repairing equipment. Players earn CS by taking part in Blast Royale matches.

Civitas

Initial Coin Offering in 2022
Civitas is a Play & Earn community-driven 4X strategy game.

Vorto

Initial Coin Offering in 2022
A Game Publisher 3.0, that is powered by an all-in-one platform for web3 game studios, gamers, and content creators, with integrated store and marketplace service and easy-to-use APIs for creating and managing in-game digital items. Vorto brings together players and game studios through Game Publishing 3.0 model, which is powered by a platform, where players can enjoy great games with user-friendly access to in-game NFTs, and game developers get powerful tools for creating tradable, digital assets for their games.

Footium

Seed Round in 2022
Footium is a web3 football management platform that enables users to take on the roles of owner, manager, and scout for their own virtual football clubs. The platform allows players to create teams, compete against others, and earn prizes based on their performance, thereby enhancing the traditional football management gaming experience. By integrating non-fungible tokens (NFTs) and a native token, Footium aims to create a unique environment where football fans can generate real value while enjoying the dynamics of club management and competition in a metaverse setting.

Crypto Raiders

Venture Round in 2022
Crypto Raiders is a highly-interactive dungeon crawler game built on the blockchain. Players have the ability to buy characters and mobs, go on missions, build teams in a virtual universe all while discovering NFTs they then own. Crypto Raiders is built on the Polygon blockchain, and all NFT loot is randomized, ensuring that the value of all discovered loot is random as well.

Lava Labs

Series A in 2022
Lava Labs is a game development studio that specializes in creating immersive gaming experiences. Operating across multiple locations, including the UK, Sweden, and the Netherlands, Lava Labs focuses on innovation and community engagement. The studio is known for its flagship game, A Far Away Realm (AFAR), which merges traditional social activities with virtual environments, fostering excitement and connection within a global gaming community. Additionally, Lava Labs has developed a gaming platform that allows players to engage in independent and multiplayer experiences while earning rewards through token economics, enhancing the overall gaming experience.

Studio 369

Venture Round in 2022
MetalCore is a maker of computer games. They provide services for fighting games. They provide products that include mechs, infantry, aircraft, and vehicles.

Heroes of Mavia

Initial Coin Offering in 2022
Heroes of Mavia is an NFT based MMO Strategy game developed by Skrice Studios. The game takes place in a fantasy-themed island called Mavia, where players build bases on plots of land and battle neighboring bases and armies to earn in-game resources, such as RUBY.

Summoners Arena

Venture Round in 2022
Summoners Arena is a developer of an idle-RPG gaming platform that merges traditional gaming with blockchain technology. The company offers players immersive gameplay experiences while allowing them to achieve true ownership of their gaming assets. By participating in the game, players have the opportunity to earn cryptocurrency, which enhances the overall value of their gaming experience. Summoners Arena focuses on creating a play-own-earn model, enabling users to not only enjoy the game but also benefit financially from their engagement.

Heroes of Mavia

Seed Round in 2022
Heroes of Mavia is an NFT based MMO Strategy game developed by Skrice Studios. The game takes place in a fantasy-themed island called Mavia, where players build bases on plots of land and battle neighboring bases and armies to earn in-game resources, such as RUBY.

CyBall

Seed Round in 2021
CyBall — CyBloc Football, is a soccer-themed, NFT-based game with a play-to-earn model that allows users to collect, trade, mentor, and ultimately battle with CyBlocs.

Rainmaker Games

Seed Round in 2021
Rainmaker Games is a play-to-earn gaming company that gives players free access to play hundreds of P2E games, explore in-game content, receive coaching from top international players, connect with other players globally, and gain access to a cutting-edge NFT lending and borrowing marketplace. Gamers of all skill levels can benefit from Rainmaker Games' ability to switch between games, learn the rules of each one, manage their money, and gain exclusive access to the NFT vault.

Fancy Studios

Seed Round in 2021
Fancy Studios is a web3 gaming studio developing fun mobile games. They are player-centric, focusing on making their games intuitive, fun, and a shareable experience with friends. Fancy Studios' strategic partners and investors include Framework Ventures, Merit Circle, YGG, Polemos, Illuvium, Polygon, BreedFi, PathDAO, YGG SEA, Loot Squad, The Juice Team, IndiGG, SNACKCLUB, Orium Guild, GameFi Squad, AMG DAO, BAYZ, Kieran Warwick (Illuvium co-founder), 0xMaki (Sushi co-founder), Santiago Santos (ex-ParaFi partner), Anton Bukov (1inch co-founder), Ryan Fang (Ankr co-founder), Stani Kulechov (Aave founder), Richard Ma (Quantstamp CEO), and others.

Nyan Heroes

Seed Round in 2021
Nyan Heroes is a blockchain-based gaming platform that offers an immersive shooter game featuring futuristic themes, robotic cats, and adversarial corporations. Players can collect non-fungible tokens (NFTs) to enhance their gaming experience and engage in competitive battles against each other. The platform allows gamers to monetize their skills by utilizing NFTs and cryptocurrencies, creating an environment where players can earn money while enjoying the gameplay. Through its unique blend of gaming and blockchain technology, Nyan Heroes aims to revolutionize how players interact with and benefit from their gaming experiences.

Sipher

Seed Round in 2021
Sipher is a blockchain-powered gaming studio based in Vietnam that focuses on developing multiplayer dungeon computer games. The company integrates blockchain technology with artistic elements, storytelling, and decentralized financial systems to create immersive gaming experiences. By leveraging the transparent and secure nature of blockchain, Sipher allows users to authenticate digital items, enhancing player engagement and ownership within its gaming ecosystem.

Camp Network

Camp Network is a technology company that develops a unique, purpose-built Layer 1 blockchain. This blockchain is designed to empower AI agents, enabling them to operate autonomously and generate value on the blockchain. The company's innovative platform collects data from web2 streaming and social platforms, transforming it into on-chain value creation. This allows developers to redefine consumer crypto trading, fostering a new era of decentralized, AI-driven applications.
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