PicoBlog

#38 - March 2024 Development update

Welcome to the official newsletter from Merit Circle.

In our previous newsletter, we gave an update on the $MC to $BEAM migration, informed about the collaboration with Immutable and Polygon, provided updates on our in-house game Forgotten Playland, and a lot more!

Important: the $MC token is migrating to $BEAM – This requires all holders to migrate their tokens on meritcircle.io/migrate – Full article here.

Read on for a summary of what’s been happening and what’s to come…  

As previously mentioned, the Merit Circle token $MC is migrating to $BEAM as a result of the acceptance of both MIP-28 and MIP-29. Ever since its announcement, more than 95% of all $MC tokens have been migrated to $BEAM tokens..

Since the full utility of the $MC token is migrating to $BEAM, we recommend everyone to go through the migration process and thereby receive your $BEAM tokens.

Curious about the latest statistics? View this Dune Dashboard.

We recently announced our annual community event. Join us as we celebrate the future of gaming! You can expect presentations on our games, the future of Merit Circle, and, of course, some food and drinks!

Tickets via: https://app.guts.tickets/hpt2e9/ih8no1

It’s hard to believe that it’s been less than a year since we first introduced Beam. Ever since that initial introduction of the gaming ecosystem in May 2023, a lot has happened: the mainnet went live, tons of games started building on the network, we launched a variety of products, and we embraced a multi-chain future with Avalanche and Immutable’s zkEVM as the first chains.

Join us as we dive deeper into everything that’s coming up in 2024 for Beam.

We’re thrilled to continuously have a large influx of exciting games joining the Beam network. Following more than 20 others, we have recently added a variety of new games.

It is a great honor to announce that Sphere has successfully integrated the Immutable zkEVM testnet and mainnet. As the very first marketplace to ever do so, we are incredibly excited to welcome the thousands of collections that are lined up to join the network.

To celebrate this milestone, we have also given Sphere a fresh new look.

Read the full article here.

Remember Edenhorde’s narrative arc? If so, you’ll be delighted to learn that nine new chapters are nearly ready for your enjoyment. If not, lucky you: a magical adventure awaits.

Read the full article here.

GPU Cloud Infrastructure plays an increasingly important role in the gaming and artificial intelligence (AI) industries. Aethir is leading this field by providing essential infrastructure, distributing computing power to applications worldwide. Participating in the seed round for Aethir with $1,500,000 in August 2023 marked the first step in our collaboration.

Today, we’re excited to further leverage our existing relationship by building a bridge between the Beam ecosystem and Aethir’s infrastructure.

Read the full article here.

It’s been an exciting couple of months since we first gave everyone a glimpse of what we’re building. Forgotten Playland is set to become a social party game like no other, but, as with all good things, that takes time. We would love to take this moment to provide an update on our progress, share when the cosmetics will be available, and announce when the game is expected to launch.

Joining Bump-A-Ball and Jungle Rumble as two confirmed games, these are the other party games that you can expect on Forgotten Playland’s launch date, 25th of April, 2024:

  • Paperback Plummet

  • BalanceBeam Bonanza

  • Color Canvas

  • Who knows what else

Read the full article here.

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We are gearing up for another exciting two months filled with releases. Forgotten Playland is on its way, along with some more goodies on the horizon that we just can't reveal yet. Moreover, in May, we're thrilled to be seeing all of our community members in person once again.

Again, thank you everyone for your support. Together, we're changing the game!"

Our next newsletter will be sent May 2024.

This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, financial or tax advice. You should consult your own advisers as to those matters. References to any digital assets and the use of finance-related terminology are for illustrative purposes only, and do not constitute any recommendation for any action or an offer to provide investment, financial or other advisory services. This content may not under any circumstances be relied upon when making a decision to purchase any digital asset referenced herein. There can be no assurance that the investments mentioned herein will be profitable. The digital assets referenced in this report currently face an uncertain regulatory landscape in several jurisdictions. The legal and regulatory risks inherent in referenced digital assets are not the subject of this content. The content speaks only as of the date indicated.

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Almeda Bohannan

Update: 2024-12-02