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

Cointelegraph

Published Jun 15, 2022 03:10AM ET

Updated Jun 15, 2022 04:40AM ET

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.

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