Sad Cat Capital Profile picture
Jul 26, 2022 29 tweets 19 min read Read on X
It has been 4 months since our last partnership thread, and the @MeritCircle_IO DAO continued to invest across #GameFi.

Here is an updated thread for the new $MC game partners:

1/29 🧵
This thread is intended as a continuation from our previous thread which can be found here:



Neither thread is an exhaustive list, as some partners and/or investments remain unannounced.

2/29
For a list of investments made by the $MC DAO we recommend checking the latest July 2022 treasury report here:

meritcircle.substack.com/p/13-treasury-…

3/29
Merit Circle also has a new treasury dashboard which also shows how the treasury has progressed over time, and shows the MIP-7 buy-back & burn deflationary mechanics:

treasury.meritcircle.io

4/29
Axes Metaverse @AxesMetaverse

Axes is the first P2E Metaverse game from Azur Games. Players will take on the role of Axes Hunters (playable NFT characters), which are used to play various game modes. These hunters can also be upgraded and traded on the Axes Marketplace.

5/29
Avalon Corp @Avalon

Currently in stealth mode... we are excited to see what this game-studio will produce! 👀

Previous accomplishments: "Call of Duty, Everquest and Diablo".



6/29
Blast Royale @blastroyale

Built on #Polygon, Blast Royale offers a fast-paced Battle Royale game-mode which is free-to-play, and allows players to earn $BLST tokens. Players earn experience which can then be used to upgrade valuable equipment.



7/29
Cantina Royale @CantinaRoyale

Offering both #PvE and #PvP game modes, Cantina Royale is a tactical arcade shooter built on @Verko_Platform. Players will explore the galaxy with their own 3D NFT character to earn rare loot, as well as token rewards.



8/29
Castle of Blackwater @Blackwater_Town

Described as a 2D social deduction game, this 'Among Us' inspired game pits 3 factions against each other as players aim to complete their factions objectives. Earn faction points by winning games to further strengthen your position!

9/29
Cryptobots @cryptobots_game

What started as a 2017 NFT collection is now expanding into a Metaverse. Travel across space, battle enemies, play as Heroes, upgrade/trade your CryptoBots, and mine resources as you take your place among the stars in this strategy based RPG.

10/29
Crypto Raiders @crypto_raiders

Raid dungeons, level up, and discover rare treasures in this game built on #Polygon. Choose the NFT avatar you wish to battle foes with, but be careful - death is permanent in this game!

11/29
DuskBreakers @DuskBreakers

Taking place in the year 2080, DuskBreakers is a Sci-Fi game where 'Breakers' are investigating and mining resources from an alien ship know as 'The Dusk', while fending off any alien enemies the ship could be harbouring.

12/29
Flair @FlairFinance

Flair provides open-source tools for NFT lovers to seamlessly launch collections, integrate staking, manage revenue splits and royalties, and much, much more. To top it off, all EVM chains are supported!

13/29
Footium @Footium

Become your own footballer manager, scout and club owner in this Web3 football based strategy game. Players will be able to compete in club competitions in an effort to rise through the divisions, and become a leading football club.

14/29
Gamepad @gamepadco

A new innovative Launchpad for blockchain games, metaverses and gaming guilds. Gamepad aims to support projects from the get-go and helps to garner a strong, loyal community for teams.

15/29
Gameplay Galaxy @TrialXtreme

Fans of competitive biking will love Gameplay Galaxy's Trial Xtreme. Race against other players on a multitude of tracks, and upgrade your bike with the incorporation of #NFTs.

16/29
Goons of Balatroon @GoonsNft

A new 2D/3D hybrid metaverse which revolves around a strategy-based card game, as well as Land ownership. In order to win, players must ensure their opponents Goon NFT avatar's health drops to 0 before their own does.

17/29
Lunchbox @Lunchbox_Games

The team at Lunchbox are building a new #MOBA where players can test their strategic abilities. Little is publicly known about this upcoming game, but this highly experienced team aims to revolutionize competitive gaming.

lunchboxentertainment.com

18/29
Raini & The Lords of Light @raini_coin

#LOTL from Raini is trading card game where players battle as Lords against one another. Players are able to command armies of mythological beasts, and are able to level up and earn $PHOTON through battles.

19/29
Saga @Sagaxyz__

Built for developers, Saga allows projects to easily launch their own blockchain or 'chainlet'. By removing this financial obstacle, and allowing Web2 teams to easily bridge to blockchain, Saga aims to build a 'blockchain multiverse'.

20/29
Scenius @sceniusxyz

A platform for gamers to build personalized gaming profiles and show off achievements. After creating a profile, users can connect with gamers with similar interests, and earn rewards from games and organizations.

21/29
Tatsumeeko @Tatsumeeko

An upcoming multi-chain idle #MMORPG for web and mobile. Players are able to progress, earn XP and rewards - all while AFK! By building your ideal party and applying combat strategies, players can be ready for any scenario at all times.

22/29
Tuzayne @TuzanyeSports

Tuzayne is a new Gaming Guild, and has taken Merit Circle on as Advisors. The Guild helps #P2E gamers by recruiting gamers, training them and lending them valuable assets to help them begin their journey into P2E gaming.

23/29
Ubiquity @UbiquityDAO

A DAO focused on becoming the Bank of the Metaverse. Their aim is to build the 'stablecoin of crypto gaming' - the Ubiquity Dollar. They also aim to support the #Web3 ecosystem by providing open-source dev tools.

24/29
Undra @undra_game

An upcoming Horror/Fantasy strategy-based #MMO which features real-time 2D platformer-like gameplay. The game will be launched in phases, with Season 1's interactive storyline currently underway.

25/29
Xeric @xericxyz

The new DEX aggregator from @MeritCircle_IO and @0xDouwe.
Merit Circle continues to dominate the Metaverse by expanding the $MC Ecosystem.

This new aggregator will be free to use, and will be a direct competitor to @gemxyz and @geniexyz.

26/29
Xterio @FunPlusGames

Funplus, the creators of State of Survival, Guns of Glory, Kingdom of Avalon, and many other top F2P games (with $1B+ annual revenue), are beginning their journey into #Web3 Gaming with a new company called Xterio.

27/29
If you like these types of threads, we're also regularly creating content and are very active in and around our investment projects. Give us a follow!



28/29
None of this is financial advice. Investing/trading has risks and you're responsible for your own actions.

This list is not exhaustive and we may have missed some games and investments.

We look forward to seeing which other projects
@MeritCircle_IO partners with!

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More from @sadcatcapital

Mar 6, 2023
The new @illuviumio collectible card game - Illuvium: Beyond - launches tomorrow on March 7th.

We are always excited to see new games launch, and look forward to playing! 🎮 $ILV

1/5 Image
The game features a Genesis Set of 150+ hand-drawn #Illuvitars - customizable and configurable collectibles, which can be used to compete against friends for leaderboard positions.

The first release, Wave 1, being the first available.



2/5
The Illuvitars Hub is where players can track and manage their assets, plus browse the Illuvitar marketplace.

You can also find the Illuvitars Album within the hub, where players can complete collections and earn points.

illuvium.io/illuvitars

3/5
Read 5 tweets
Jan 11, 2023
The @MeritCircle_IO DAO had a busy 2022, yet just 10 days into January the DAO launched a brand new, consolidated website.

Let’s reflect on 2022, and what 2023 could have in store for $MC 🧵🎮

1/28 Image
Firstly, we want to recommend reading Merit Circle’s excellent summary of what the DAO achieved in 2022.

medium.com/@meritcircle/l…

2/28
2022 was a tough year for market participants. Many DAOs, firms and projects did not survive the rapid decline of asset prices, and the domino effect of the subsequent insolvencies.

Merit Circle not only survived the collapse, but has come out stronger.

How?

3/28
Read 28 tweets
Jan 2, 2023
A new year of opportunities.

The #FED's tightening led to a significant drop in equities and crypto, along with rapidly increasing bond yields. The dollar strengthened against other currencies especially EUR, GBP and JPY.

1/7
The crypto market was especially hard hit due to LUNA/UST, FTX/Alameda, and funds such as 3AC blowing up. Bad actors and degeneracy helped bring down crypto even harder than the wider macro market did.

2/7
With the many predictions of recessions around the world, the fed seemingly looks to hold rates at a high level throughout 2023. Has inflation actually topped or will there be a future resurgence? But, more importantly, how are you taking advantage of either outcome?

3/7
Read 7 tweets
Nov 29, 2022
It has been 12 months since the @MeritCircle_IO DAO Treasury launched.

Despite a 73% drawdown in the Crypto total market cap during this period, the Treasury value remains strong at a current valuation of $102.6m. $MC

treasury.meritcircle.io

1/14
Over the past year, the DAO has burned over 330m $MC tokens - almost 1/3rd of the total supply.

These burns have been from market buybacks using DAO profits, and from DAO wallets which the community voted to burn (MIP-7 and MIP-20).

2/14
During the last 12 months, the DAO has realized a profit of $24.6m and has bought back almost 5m $MC tokens from the open market.

Unlike other treasuries, Merit Circle does not inflate the Treasury's valuation by including native $MC token (~180m $MC tokens).

3/14
Read 14 tweets
Jun 13, 2022
After first being announced almost 2 months ago, the @MeritCircle_IO team have shared exciting information about their new NFT marketplace: #Sphere - @GetOnSphere

Here's a short summary of what we know from $MC so far, and what we have to look forward to 🧵

1/24
Despite NFTs being heavily related to #GameFi, current NFT marketplaces (@OpenSea, @LooksRare, @the_x2y2) are still completely focused on PFP/memes/membership/utility/celebrity NFTs.

Gaming asset NFTs are lost in the mix, and this is where Sphere comes in.

2/24
Merit Circle are working with @DeptAgency to deliver a purpose-built NFT marketplace which specifically targets these gaming assets.

The aim is to become a multi-chain, all-in-one, low-fee, marketplace for gamers to buy, sell, and trade their in-game NFTs.

3/24
Read 24 tweets
May 24, 2022
With the recent launch of @avalancheavax subnets, we wanted to take a look at why games such as @PlayAscenders are deciding to launch on an #Avalanche subnet.

If you don't know what a $AVAX subnet is, here is a simple thread going over the basics 🧵

1/16 Image
Subnets are a scaling solution for the #Avalanche blockchain. Each subnet is a group of validators who work together to bring consensus to one, or more, blockchains.

To put it simply, subnets allow projects to launch their own custom blockchains within Avalanche.

2/16 Image
These subnets do NOT share network loads with the primary Avalanche network, and are independent from other subnets.

This means each subnet can enjoy low latency, high TPS, and low transaction costs, without being burdened by Avalanche main-net traffic.

3/16
Read 16 tweets

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