Merit Circle DAO to Launch Gaming Subnet with Tooling, Three Games, and Many More to Come
Do you love gaming? Do you want to earn crypto while playing? If yes, then you might be interested in Merit Circle DAO, a decentralized organization that is building the future of Web3 gaming. 🎮
Merit Circle DAO is launching Beam, a gaming subnet on Avalanche, a fast and secure blockchain platform. Beam will offer a range of products and services for gamers and game developers, such as an NFT marketplace, a gaming-focused AMM, and native Avalanche tools. 🚀
But that's not all. Beam will also host three new games that will take your gaming experience to the next level. These are Trial Xtreme, Walker World, and Hash Rush. These games will let you race, explore, build, and battle in stunning 3D environments, while earning rewards and owning your assets. 😍
What is Web3 gaming?
Web3 gaming is a new paradigm of gaming that leverages blockchain technology to create more immersive, interactive, and fair gaming experiences. Web3 gaming enables players to have true ownership and control of their in-game assets, such as characters, items, land, and currencies. These assets are represented by non-fungible tokens (NFTs), which are unique and scarce digital tokens that can be traded, sold, or used across different games and platforms. 🙌
Web3 gaming also allows players to earn crypto while playing, through various mechanisms such as play-to-earn (P2E), where players can earn rewards for completing tasks or winning competitions; yield farming, where players can stake their tokens to earn interest or rewards; or governance, where players can participate in decision-making processes of the game or the platform. 💰
Web3 gaming is transforming gaming from a passive consumption activity to an active creation and participation activity, where players can express their creativity, identity, and values through their gaming assets and actions. Web3 gaming is also creating new opportunities for game developers, who can leverage blockchain technology to create more innovative, diverse, and sustainable games. 🚀
What is an Avalanche Subnet?
Avalanche is a blockchain platform that offers high scalability, low latency, and high security for decentralized applications (dApps). Avalanche uses a novel consensus mechanism called Snowman++, which allows it to process thousands of transactions per second with sub-second finality. Avalanche also supports smart contracts and EVM compatibility, which means it can run any Ethereum dApp with minimal changes. 🔥
Avalanche also has a unique feature called Subnets, which are custom blockchains that run on top of the Avalanche network. Subnets allow anyone to create their own blockchain with their own validators, rules, and features. Subnets can also communicate with each other and with the main Avalanche network through bridges. Subnets enable more flexibility, customization, and interoperability for dApps and users. 🙌
Beam is one of the first Subnets to launch on Avalanche. Beam is designed specifically for Web3 gaming development and gameplay. Beam will offer a range of products and services for gamers and game developers, such as an NFT marketplace (Sphere), a gaming-focused AMM (Swap), and native Avalanche tools (SDKs, APIs, wallets, bridges, analytics). Beam will also host three new games that will leverage the speed, security, and scalability of Avalanche: Trial Xtreme, Walker World, and Hash Rush. 😍
How can I join Merit Circle?
If you want to join Merit Circle DAO and be part of the Web3 gaming revolution, you need to acquire its native token: MC. MC is an ERC-20 token that runs on Ethereum and can be bridged to Avalanche. MC token holders can use their tokens to access Merit Circle products and services, such as Sphere (NFT marketplace), Swap (gaming-focused AMM), Play (gaming portal), Earn (yield farming platform), Vote (governance platform), and more. 💰
You can also use your MC tokens to stake them in Merit Circle pools and earn rewards in MC or other tokens. Staking MC tokens also gives you voting power in Merit Circle DAO governance. You can vote on proposals related to the development and direction of Merit Circle DAO and Beam subnet. You can also create your own proposals and submit them for voting by the community. 🙌
What are the benefits of Beam?
Beam is a gaming subnet that will offer many benefits for gamers and game developers. Some of these benefits are:
- Speed and scalability: Beam will leverage the fast and scalable infrastructure of Avalanche, which can process thousands of transactions per second with sub-second finality. This means that gamers can enjoy smooth and seamless gameplay without delays or congestion. Game developers can also deploy their games faster and cheaper on Beam than on other platforms. 🔥
- Security and sovereignty: Beam will be an independent and sovereign network that will have its own validators, rules, and features. This means that Beam will be secure from external attacks or interference, and will be able to customize its network to suit the needs and preferences of gamers and game developers. Beam will also be compatible with the main Avalanche network and other subnets, which means that it can interoperate with other dApps and assets. 🚀
- Tooling and services: Beam will offer a range of products and services for gamers and game developers, such as an NFT marketplace (Sphere), a gaming-focused AMM (Swap), and native Avalanche tools (SDKs, APIs, wallets, bridges, analytics). These products and services will enable gamers to do more with their gaming assets, such as buy, sell, swap, or use them across different games and platforms. Game developers can also use these products and services to launch their games more easily and efficiently on Beam. 🙌
- Games and rewards: Beam will host three new games that will take your gaming experience to the next level: Trial Xtreme, Walker World, and Hash Rush. These games will let you race, explore, build, and battle in stunning 3D environments, while earning rewards and owning your assets. These games will also be interoperable with other games and platforms, which means that you can use your assets across different gaming universes. 😍
Beam is a gaming subnet that will revolutionize Web3 gaming development and gameplay. Beam will offer speed, security, tooling, services, games, and rewards for gamers and game developers alike. If you want to join Merit Circle DAO and be part of this exciting project, you can acquire MC tokens and stake them in Merit Circle pools. You can also follow Merit Circle DAO on Twitter or join their Discord channel for more updates. 🎮
This article is based on information from the following sources:
- Merit Circle DAO to Launch Gaming Subnet with Tooling, Three Games, and Many More to Come | by Avalanche | Avalanche | Apr, 2023 | Medium
- Merit Circle DAO Chooses Avalanche for Speed and Security in Launching Beam Gaming Subnet – AZCoin News
- Merit Circle DAO & Play-To-Earn Crypto Games | Gemini