Merit Circle Settles for $1.75M; DAO Votes Yield Guild Games Out

Merit Circle and seed investment company Yield Guild Games (YGG) have agreed to a $1.75 million settlement after ordinary investors voted to kick YGG off the project.  The post Merit Circle Settles for $1.75M; DAO Votes Yield Guild Games Out appeared first on BeInCrypto.

YGG And Merit Circle DAO Evade Legal Tussle Securing A Settlement

For Merit Circle Ltd and Yield Guild Games (YGG), looking for a neutral settlement for their differences is a more peaceful option. Unfortunately, the DAO decided to eliminate YGG through community votes.

Merit Circle And YGG Terminate Partnership

Merit Circle DAO votes to end the partnership between the two giants of the play-to-earn space.   Joint Statement Announces End Of Partnership  After working together for seven months, the Merit Circle DAO has voted to terminate the relationship with Yield Guild Games (YGG).

Yield Guild Games walks away from Merit Circle with 10 times its investment following ouster

Play-to-earn giant Merit Circle (MC) will pay out $1,750,000 to competitor Yield Guild Games (YGG). The post Yield Guild Games walks away from Merit Circle with 10 times its investment following ouster appeared first on The Block.

Legal battle avoided after YGG and Merit Circle DAO agree to a deal

The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement.

Gaming DAO Merit Circle, YGG ‘Terminate Relationship'

Merit Circle members had proposed canceling YGG's investment in the organization because of a lack of perceived added value. Now the two are parting ways.

Gaming DAO Merit Circle and YGG Caught in DAO Governance Strife

Members of the Merit Circle DAO have put forward a proposal to refund an investment by Yield Guild Games (YGG) and cancel an agreement between the two, claiming that YGG has not added enough value. "The Hash" team discusses the latest story illuminating the power of DAOs.

Ethereum Gaming DAOs Yield Guild, Merit Circle in Dispute Over Funding

Members of the Merit Circle DAO community want to refund Yield Guild's seed investment, claiming a lack of additional support.