Merit Circle released its third quarter financial report, with capital reserves decreasing from $235 million on June 30 to $228 million on September 30, a month-on-month decrease of 2.93%. Liquid assets totaled $77,793,041, NFT assets totaled $908,913, and total venture capital was $149,759,338.

Merit Circle is creating a decentralized autonomous organization (DAO) to provide people who want to help build the metaverse with the opportunity to make money through games. The platform provides scholarships, educational opportunities, and everything you need to become a profitable gamer. The Merit Circle DAO manages numerous sub-DAOs from the mainDAO, acting as a tentacles for the entire Play-to-Earn industry. The protocol is maintained by MC token holders through governance.