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.
Timeline of Merit-circle
Merit Circle And YGG Terminate Partnership - Crypto Daily
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 - The Block
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 - Cointelegraph
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.
Merit Circle members want to refund Yield Guild Games' investment and cancel an agreement between the two, claiming there's not been enough value-add by the gaming guild giant. - Coindesk
Two prominent names in the play-to-earn scholarship space are at odds after members of the Merit Circle DAO (Decentralized autonomous organization) put forward a proposal to refund an investment by Yield Guild Games because of what they deem as an insufficient amount of value added by YGG.
