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Merit Circle DAO Partners with Framework Ventures: Unlocking BEAM for Lucrative Investments

Coinspeaker Merit Circle DAO Announces BEAM Investment Partnership with Framework Ventures Gaming and metaverse-focused decentralized autonomous organization (DAO) Merit Circle has announced a partnership with San Francisco-based venture capital firm Framework Ventures. According to the announcement, Merit Circle’s collaboration with Framework will see the latter invest in Merit via BEAM tokens. After the acquisition, BEAM tokens will be sent to the treasury, with some sold to strategic investors. The announcement specifies that the tokens will be diversified so that some trusted parties can access a discount if they lock up the funds. This ensures their dedication to the cause over the long term. After receiving BEAM, investors will then send USDC to the treasury. The USDC received will then support Merit Circle’s endeavors, which involve new investment positions, launching new internal projects, or purchasing existing ones. Speaking on the partnership, Framework Ventures General Partner, Vance, expressed excitement about BEAM. Vance said BEAM will help expand the general application and adoption of cryptocurrencies through gaming. According to the General Partner, “gaming is the future of crypto, and BEAM is on the frontier onboarding the billions of monthly gaming users that exist adjacent to our crypto ecosystem today. When other people said the gaming narrative was dead, they built software, community, and a real go-to-market strategy across the top gaming chains. We are truly so early, and Framework is excited to help usher in a new age of crypto use cases with Beam.” Framework Ventures has joined a growing list of Merit Circle investors and infrastructure partners. The list already includes names like Pantera Capital, Avalanche, Polygon, and Immutable. Founded in 2019, Framework is one of the most renowned investors in the blockchain sector. The company brands itself as “a thesis-driven venture firm that builds alongside our founders”. Framework’s portfolio includes several major projects, including Yearn Finance, Optimism, Illuvium, and Chainlink. Framework Ventures has been involved in multiple endeavors geared towards Web3 efforts. In April last year, the company raised $400 million for FV III, its third crypto fund. Per the announcement, most of the funds will go to blockchain-based gaming, while the rest will be channeled towards decentralized finance (DeFi) and Web3 in general. Months later, in September, Avalanche decentralized staking protocol GoGoPool received $5 million in a seed round co-led by Framework Ventures and CoinFund. In April, Merit Circle launched the Beam subnet on the Avalanche blockchain to cater to gamers and developers. The blockchain is a base framework for many of the DAO’s launches, and is also home to several games. An official announcement from Merit Circle states that Beam boasts quick transaction settlements and low fees while still upholding strong security features. Another advantage of the Avalanche network is the ability to adjust block time and base fees to optimize in-game transactions. Beam lets developers focus on their game creation, as it helps to seamlessly handle deployment. The platform provides everything from asset management to gas-powered optimized transactions and oracles for games and marketplaces.

Merit Circle DAO and Framework Ventures: Unlocking BEAM for Lucrative Crypto Investments

In the ever-evolving landscape of cryptocurrency, strategic partnerships are key to unlocking new opportunities for growth and innovation. The recent collaboration between Merit Circle DAO and Framework Ventures showcases how alliances in the crypto space can foster significant advancements and profit potential for stakeholders. As the crypto market continues to mature, these joint ventures serve as a testament to the dynamic nature of the industry and the constant pursuit of value creation.

Merit Circle DAO and Framework Ventures Partnership

Key Takeaways

Understanding the Partnership
Merge of Expertise Merit Circle DAO’s gaming focus meets Framework Ventures’ investment prowess.
BEAM Token Strategy Framework Ventures’ investment in BEAM tokens expands Merit Circle’s funding and strategic investor base.
USDC Treasury Support Investors’ USDC will promote new projects and enhance Merit Circle’s ecosystem.
Gaming and Crypto Synergy The belief that gaming is pivotal for mass crypto adoption drives the partnership’s focus on BEAM’s expansion.
Blockchain-Backed Gaming Merit Circle’s Beam subnet on Avalanche caters to gamers and developers, leveraging low fees and rapid settlements.
Future Outlook Framework Ventures and Merit Circle continue to foster growth in Web3, DeFi, and blockchain gaming.

The Impact of Merit Circle and Framework Ventures Partnership

The strategic alliance between Gaming and Metaverse-focused Merit Circle DAO and the esteemed venture capital firm Framework Ventures has drawn significant attention from both parties’ communities and the wider cryptocurrency ecosystem. By joining forces, these entities aim to leverage their respective strengths and bolster the prominence of BEAM tokens, a key asset that functions both as a means of participation in Merit Circle’s activities and as an indicator of the DAO’s anticipated growth.

Framework Ventures Investment

The Role of BEAM Tokens

Framework Ventures’ decision to invest in BEAM tokens represents not merely an infusion of funds into Merit Circle DAO’s treasury but also a strategic move to diversify its investment portfolio. The acquisition process includes transferring BEAM tokens to the treasury and partially selling them to strategic investors under a contractual lock-up period, reflecting the investors’ long-term commitment to the DAO’s vision.

This calculated approach to managing the BEAM tokens promotes a sustained and balanced growth of the token within the DAO’s infrastructure. It also instills confidence among the existing participants and encourages new investors to consider the long-term value proposition of BEAM.

Funding and Treasury Allocation

Upon acquisition of the BEAM tokens, the investors, in turn, commit USDC to the Merit Circle DAO’s treasury. This injection of stablecoin capital is critical as it underpins the DAO’s funding for new investment positions, internal project launches, or acquisitions that align with Merit Circle’s core mission. This dynamic plays a crucial role in strengthening the financial foundation necessary for the DAO’s ambitious roadmap.

USDC Treasury Support

Merit Circle’s Comprehensive Growth Strategy

Speaking on behalf of Framework Ventures, General Partner Vance expressed invigoration about the prospects of BEAM, which is anticipated to expand the general application and adoption of cryptocurrencies through gaming. The firm’s vision of gaming as the conduit to mass crypto adoption positions BEAM as a cornerstone of this emerging narrative. Framework Ventures’ portfolio and historic investments in the blockchain sector reflect an enduring commitment to initiatives that underpin the concept of a decentralized, game-changer economy.

With a history of successful investments, such as Yearn Finance, Optimism, Illuvium, and Chainlink, Framework is well-positioned to support Merit Circle’s exploration into novel crypto use cases through gaming. The synthesis of gaming and blockchain technology offers a fertile ground for innovations that appeal to the billions of gaming enthusiasts worldwide. This partnership is a harbinger for the sprawling growth of such synergistic efforts.

Advancements in Web3, DeFi, and Blockchain Gaming

The digital asset landscape is continuously expanding, with recent efforts by Framework Ventures emphasizing their dedication towards the maturation of Web3, DeFi, and Blockchain Gaming. An impressive $400 million was earmarked for FV III, Framework’s third crypto fund, to be primarily allocated to blockchain gaming. This reinforces the strong belief within the investment community that gaming will serve as a prime mover for the next wave of digital economy revolutions.

Blockchain Gaming

Framework Ventures and Beam Subnet

In alignment with these robust funding initiatives, Merit Circle launched the Beam subnet on the Avalanche blockchain, explicitly crafted for the gaming fraternity and for developers in search of a reliable and scalable platform. Avalanche’s distinct advantages, from quick transaction settlement to scalable block times, supplement Merit Circle’s efforts by offering developers the blockchain technology necessary to create immersive gaming experiences without the complexity of traditional deployment challenges.

Ultimately, Merit Circle and Framework Ventures’ alliance demonstrates a shared commitment to advancing the frontiers of the cryptocurrency space. The deployment of BEAM on the Avalanche network represents their collective response to a burgeoning gaming industry that seeks to harness the transformative potential of blockchain technology.

Conclusion

The strategic partnership between Merit Circle DAO and Framework Ventures is a significant milestone for both entities and the broader crypto community. With Framework’s investment expertise and Merit Circle’s innovative prowess in the gaming and metaverse spheres, BEAM tokens are poised to catalyze a new era in cryptocurrency adoption and utility. The mutual belief in the power of gaming to drive crypto forward makes this collaboration a beacon of potential for others in the industry.

As we witness the flourishing intersection of blockchain innovation and gaming, it’s clear that the efforts of Merit Circle and Framework Ventures are contributing decisively to this evolution. Be it an active investor, an enthusiast, or a newcomer to the world of crypto, understanding and engaging with projects like BEAM can provide a solid foundation for informed decision making and potentially lucrative opportunities.

The information presented in this article is for educational purposes only. Always conduct your own research before investing in cryptocurrency.

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