Cryptocurrency News
Legal battle avoided after YGG and Merit Circle DAO agree to a deal
2022.06.15 12:01
Legal battle avoided after YGG and Merit Circle DAO agree to a deal
A potential legal battle has been prevented between the Merit Circle decentralized autonomous organization’s (DAO) backing company Merit Circle Ltd and Yield Guild Games (YGG) after the organizations reached a deal after the DAO originally voted to remove YGG.
Merit Circle Ltd is a company that created the Merit Circle DAO to help gamers interested in play-to-earn games by lending items from its treasury to be used for gameplay, as well as delivering educational content.