Magic

MAGIC is the utility token connecting gaming communities in the Treasure Metaverse, a decentralized NFT ecosystem built on Arbitrum, an Ethereum Layer 2 scaling solution. As a cross-game currency, MAGIC fosters connections among games, players, metaverses, and communities within Web 3.0. Launched in September 2021, the token facilitates in-game NFT trading on Treasure and acts as a reserve currency for the metaverse. Players can earn MAGIC through gaming, mining, and participation in Bridgeworld, Treasure's flagship game. Additionally, Treasure hosts twelve other games on its platform, some of which offer opportunities to utilize and generate MAGIC tokens, similar to Bridgeworld.

Magic’s NFT market is competitive.

Magic depends on Arbitrum and, by extension, the Ethereum blockchain. Since it is on Ethereum, it uses the Proof-of-stake consensus.

Magic halves every year, which means it will keep getting rarer over time.

According to the treasure.lol website, The total supply of Magic will be 347,714,007 tokens. Out of this, more than 2.2 Million MAGIC are in circulation, according to Coinmarketcap. (August 2023)

Staking Magic token gives you interesting gains in the game.

Magic has good adoption and is backed by an active community that influences its value.

The token can be used in different games within the ecosystem. Users can move their characters and assets through the games and the metaverses.

Treasure games run on a play-to-earn model.

They have a roadmap for creating a proof-of-work economy within the game.

They can scale up by adding more games in the future.