Buy 1 Edenhorde NFT at floor (~0.65 ETH)

Edenhorde is a game that is part of the Merit Circle ecosystem. Pentoshi has taken the role as head of partnerships at Merit Circle and they are creating an innovative path forward for gaming. Merit Circle has created a DAO that will fund game developers in return for a profit share on game development. Today it was announced that all future games onboarded in Merit Circle will have a 2.5% revenue with all Edenhorde NFT holders. There will also be a 7.5% profit share with Merit Circle coin ($MC) holder stakers. At today's prices you need 2439 $MC (2 ETH) to achieve the same yield as one Edenhorde NFT (0.6 ETH floor price) from future profit share.

This is a play in the metaverse gaming space. The positive is Merit Circle is in the business of backing winners in the gaming space (just put out $1M USD into a new game). The fact Edenhorde is part of Merit Circle is probably better analysis of the potential for this game to make it in the long term than any analysis we can do with available information. Today's announcement of profit share creates additional upside opportunity to get future profit share from Merit Circle at a much lower price than buying $MC.

Actions: Use Rarity Garden to buy the 1 most rare Edenhorde NFTs within 10% of the floor price (I am unsure if investment limit is 1 ETH, but if higher increase # purchased accordingly) As prices rise sell one NFT at a double. Sell one NFT at a 4x from floor. Retain final for sale based on vote.

Catalysts for price increases: Further Merit Circle adoption and realization this is a better play on profit share; milestones in Edenhorde development; expansion of P2E space

Disclosure: Already owned 2 Edenhorde, bought a third on todays announcement; have staked $MC