Merit Circle collaborates with Web3 Football Management game Footium

At Merit Circle Ventures, we are always on the hunt for new games to add to our arsenal, especially those that we know will be enjoyed by millions of gamers across the globe. With this in mind, we are thrilled to announce our partnership with Footium, a real-time multiplayer Web3 football management game, launching on the Ethereum blockchain. As part of the partnership, Merit Circle has invested $100,000 in the seed round.

What is Footium?

Players enter the field of Footium as budding club owners and have to strategically plan their route to success. This includes selecting the appropriate coach, fine-tuning their club’s philosophy and tactics, investing in a training academy and facilities and, of course, training their football players.

Footium players can become savvy spenders by expanding their stadiums and make cunning trades on the transfer market. Finally, players can compete against one another for prizes in the top three positions of the league or by winning cup prizes, and trying their hardest to avoid relegation to the division below.

Footium brings a fresh play-to-earn spin on this household game mode by empowering gamers through ownership. The team behind Footium has brought football management onto the blockchain, introducing a variety of interesting use-cases. Imagine generating revenue from all the time spent playing, and then using this to increase the value of football players and their club.

Interesting mechanisms like staking of tokens can impact a club’s morale and thereby the in-game performance. Other options include staking retired players to increase the output of a club’s academy. It’s time to put ownership deeds back into the hands of gamers.

The Footium Football League structure

The Footium Footium Football League (FFL) has a funnel-like structure, commonly known in England as the football league pyramid system. This is owing to the fact that the number of leagues and teams doubles each division down. As can be seen in the following image, the FFL will consist of eight divisions. Division 1 has one league, after this the number of leagues doubles until we arrive at Division 8, which has 128 leagues.

Each league consists of 12 clubs and these clubs will compete throughout a season. At the end of the season, the bottom three clubs will be relegated to the division below, while the top three will be promoted to the division above. This incentivizes players across all divisions to constantly strive to improve, so that one day, they can play in Footium’s top league!

There are 3,060 clubs in total, each with their own badge, kit and stadium. The club badge NFT considers a number of traits, the rarity of which will determine the starting league and stadium size for each club. With eight divisions to choose from, you are free to select the league that matches your skills and experience. The clubs are pre-generated and anyone interested in playing can purchase one of the available clubs. Once you have chosen your club, you can begin upgrading your stadium and creating some club lore. For inspiration, check out the club explorer to see what other players have come up with!

Keeping the stadium lights on

While many games have hooked players across the play-to-earn community, the industry is still in its infancy. As a result, once popular games often fall flat in the long term with unsustainable in-game economics. In a bid to tackle this, the team at Footium wanted to align the way that players are rewarded with their long-term vision and trajectory of the game.

Typically, games in this space have relied on the constant inflow of new players to fund rewards for existing players. To combat this, Footium prize pools are created through the combination of multiple internal (in-game) and external revenue streams.

Internal streams will be created from fees that are attached to the actions that players can take within the game, such as trading players, participating in auctions and minting new players in their academy. On the other hand, external streams will include items and players that are added to the prize pool, sponsorship from external parties and the Footium (ERC-20) tokens.

Through a combination of both internal and external streams of revenue, the set base of players will be able to create attractive prize pools by competing against and trading amongst one another. As the community grows and the game gains traction, so will the interest from external parties and, ultimately, the prize pools too!

Merit Circle x Footium

We are looking forward to the release of Footium with great anticipation and are keen to support its development. The team have taken a well-thought out approach to building a fun football management game with a sensible model that aptly rewards players. Ahead of the release, you can check out the Footium discord server to join the growing number of collaborative members and helpful moderators to get started on the right foot.

There are also a number of community-member hosted Footium podcasts and shows that you can tune into, and even some analytics websites that have been created in advance of Footium’s release in Q2 of this year.

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.

For more information about Footium, follow them here:

Twitter: https://twitter.com/Footium
Medium: https://medium.com/footium
Discord: https://discord.com/invite/footium
Website: https://footium.club/
Instagram: https://www.instagram.com/footium_official/

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/#/