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Merit Circle Partners w/ GamePad in $2.5m Seed Round

Posted on April 1, 2022April 1, 2022 by Karl

GamePad.co, the highly anticipated GameFi, P2E, and Metaverse project accelerator, is pleased to reveal Merit Circle as another investor from our successful seed round at a $25 million valuation. Since the beginning of the year, we have attracted the support of a great number of investors, and they will be revealed one by one! 

Aside from our lead investors, Enjin and OKX Blockdream Ventures, our first investor reveal is Merit Circle. Merit Circle started off as a scholarship program for Axie Infinity. In less than a year, Merit Circle has evolved into the biggest Gaming DAO that develops play-to-earn opportunities for people who want to help build and participate in the Metaverse and started to shift their focus to more than just recruiting gamers 

The Merit Circle DAO, now consisting of 3000+ gamers, assists players to participate in the gamefi ecosystem by playing games through hosting scholarships and educational opportunities and providing the necessary resources. Not only Axie Infinity, but many other blockchain games including Ascenders, WonderHero, Sidus Heroes have been growing continuously under the support of Merit Circle. 

Merit Circle’s all-rounded support in investments, development & incubation, gaming and trading has been influential to the P2E gaming ecosystem. Their scalable operational process has enabled a thriving community around them and helped many to achieve economic sufficiency through P2E. Moreover, Merit Circle has recently announced the development of an NFT marketplace, released their first creative project Edenhorde and has been actively working on branching out into more branches of the gaming industry. 

“P2E and GameFi development in recent years have been revolutionary to the web3 movement. We are incredibly excited to announce our partnership with GamePad.co to explore the new potential of GameFi by taking the evolution one step further. With the team’s all-rounded approach and vast network as an incubator, we strongly believe they have what it takes to become the next kingmakers in the GameFi sector. We very much look forward to inviting our community members to learn more about GamePad.co very soon, and see how the Merit Circle community can grow further with them!” 

  • Marco van den Heuvel, CEO of Merit Circle 

“Our team recognizes the importance of offering robust resources for innovators and project teams to curate top-tier P2E and GameFi projects. We built GamePad.co to address the insufficiency of a generic launchpad and provide what is needed to transform cutting-edge ideas into reality. With the support from Merit Circle, we aim to empower more P2E gamers and developers by delivering high-quality products with a high-quality support network.” 

  • Eric Su, Founder of GamePad.co 

Sharing the same vision in revolutionizing the P2E and GameFi industry, GamePad.co is excited to work alongside Merit Circle to help P2E gamers and game developers across the globe to thrive. 

With the experience of investing in 30+ metaverse projects, hence expertise provided by Merit Circle, GamePad.co can accelerate the process in accomplishing major milestones smoothly — including multi-chain compatibility, NFT Marketplace, staking, and more exciting features to be announced! This effort will facilitate more entrepreneurs and project teams to achieve long-term success and seamlessly convert token buyers into deeply rooted community members. Stay tuned to our socials to find out about the next investor reveal!  

About Merit Circle

Twitter: https://twitter.com/MeritCircle_IO 

Medium: https://medium.com/@meritcircle 

Discord: https://discord.gg/meritcircle 

Website: https://www.meritcircle.io 

About Gamepad.co

Gamepad.co is a decentralized accelerator platform for p2e, GameFi and metaverse projects. Powered by the $GPAD token, we provide a new way to incubate, launch and grow projects alongside our token and NFT holders.

Website: gamepad.co

Blog: blog.gamepad.co

Discord: https://discord.gg/gamepad

Twitter: twitter.com/gamepadco

Instagram: instagram.com/gamepadco

Tiktok: tiktok.com/@gamepadco

Facebook: facebook.com/gamepadco

Youtube: youtube.com/channel/UC7h1ik8EOKVRyZNUc86dgKA

Telegram (announcements only): t.me/gamepad

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