Merit Circle collaborates with Sipher to accelerate the creation of an open world social experience
We’re delighted to reveal that Merit Circle has established a collaboration with the upcoming project Sipher, which is making waves in the NFT space. Sipher aims to create compelling gaming experiences through blockchain technology where players can combat in PvE and PvP modes. As part of this collaboration, Merit Circle agreed to an allocation of $100,000 to purchase the first four initial races of Sipher NFTs and playable in-game characters.
What is Sipher?
Facing the ever-imminent threat of extinction from pollution and the overharvesting of Earth’s resources, the brightest minds of humankind have joined forces to develop new forms of worlds, called Blocks. Enter Sipheria, a new universe where worlds are all interconnected and created with infinite possibilities.
Siper is an NFT-gaming project that’s developing an immersive open world social experience built on the Ethereum blockchain. Through various game modes that focus on fighting and exploration, players can acquire, level up and fight with their Sipher characters.
Sipher has taken on a completely transparent approach to share its games’ development with the community and bring anyone on board to explore what Sipher will eventually become. The general mechanics have already been written in stone but the finer details, such as character stats and overall skill effects, more artwork for maps, characters, weapons and monsters, have yet to be revealed.
“Even though Sipher is a (casual) fighting game, the game will offer so much more! Players who aren’t interested in the fighting mechanics could dedicate their time to becoming an architect or modeler for in-game buildings/equipment or could focus on improving their land plots. It’s a rich economy and game, which we believe will be of interest for the majority of our scholars. We look forward to introducing them to the world of Sipheria.” — Marco van den Heuvel, CEO and Co-founder of Merit Circle
Inu, Neko, Tori & Buru
What would an NFT-gaming project be without a good line of NFTs? Sipheria consists of four species: Inu, Neko, Tori and Buru. Each has its own randomized traits, sub-race, specific armor piece and specific weapon. So far, the Inu characters have been released with four sub-races: Canis, BioZ, Cyborg and Cosmic. They’re currently trading on OpenSea at a markup from the initial minting price.
The second round of 10,000 Siphers is the second Genesis race created by the Mad Scientist and his colleagues, the Neko characters, each with its own unique randomized traits and four sub-races: Felis, Synthetic, Crystalis and Phasewalker. Each of these are sold as 2D avatars to eventually be transformed into 3D characters that can be used in-game. Public sale will be held on the 30th of October 2021.
Immerse & earn
In the game, players will be rewarded after completing levels that can consist of crafting and upgrading materials, with additional token rewards that can be used to improve their characters. This can be done by levelling up character levels, equipment, skills and strengthening their roster by cloning more Sipher.
Each Sipher, cloned or not, comes with materials and equipment, all available to sell on the game’s marketplace as independent NFTs. It gets really interesting when the dual-token model comes into play.
Sipher has its $SIPHER governance token that’s used to vote on the future of the game’s direction but holds many more utilities. In this sense, the token can be used for staking, cloning new characters, crafting new character equipment and owning a share of the marketplace fees.
There’s also its $ATHER, the reward token that will be burnt to level up characters, skills, equipment and other in-game items and simultaneously function as a cloning fee.
Merit Circle x Sipher
The collaboration between Merit Circle and Sipher was initiated when both founders cross-invested in each other’s projects to establish a long-term collaboration. Now, to boost our collaboration, Merit Circle is investing in the Sipher game by purchasing various in-game characters of the first four initial races.
Sipher will be implementing a scholarship program that will allow players to lend out their characters to others. As each NFT has its own stamina bar, enough to play 10 games per day at present, many holders of multiple NFTs simply won’t have the time to use up all of their character’s daily stamina allowance. This stamina will go to waste if not utilized by scholars.
We are excited to explore the possibilities of setting up shop to prepare for the launch of Sipher. The team is aiming to release a playable demo of the first game by January 2022.
“We are very excited to onboard Merit Circle as one of the biggest guilds in our metaverse and truly believe that the community is the most important factor for the success of our game. Therefore, we are looking forward to Merit Circle sharing their expertise and experience with us and working closely together on future improvements that will benefit both parties.” — Mr Alain Dinh, Head of Partnership
For more information about Sipher, please see the following channels:
Discord: http://discord.gg/SIPHERxyz
Twitter: https://twitter.com/SIPHERxyz
Medium: https://medium.com/sipherxyz
Telegram: https://t.me/sipherxyz
YouTube: https://www.youtube.com/c/sipherxyz/
Website: https://sipher.xyz/
To stay up to date on our adventure, follow Merit Circle on these channels:
Twitter: https://twitter.com/MeritCircle_IO
Medium: https://medium.com/@meritcircle
Discord: https://discord.gg/meritcircle
Website: https://www.meritcircle.io
Gaming platform: https://gaming.meritcircle.io
Governance forum: https://gov.meritcircle.io/
Snapshot: https://vote.meritcircle.io/#/
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. Any reference to investments made herein are made by Merit Circle Ventures, held on trust for a purpose to accelerate and further the growth of the Merit Circle ecosystem. The assets held by Merit Circle Ventures are not controlled by the DAO or held on behalf of it. The DAO can however exert certain limited checks and balances on it and signal non-binding wishes to it via governance. Merit Circle Venture’s mission and purpose is aligned with the DAO’s.
