- Merit Circle, a blockchain gaming guild, has a new initiative.
- They #plan to allocate 11.8% of their total #token supply (75 million MC tokens).
- The allocation is for #operating Beam #mainnet nodes and grants for games and publishers.
- They also propose using 2.7 million #USDC from MC DAO treasury.
- The purpose is development of Beam and certain ecosystem products.
- Any unused funds will be returned to MC DAO.
- A $200,000 recommendation for liquidity provision on Beam's AMM platform is included.