What is MAGIC (MAGIC)?
is a utility token that connects gaming communities in the Treasure Metaverse. It is a decentralized NFT ecosystem that runs on Arbitrum, one of Ethereum's Layer 2 scaling solutions. MAGIC acts as a cross-game currency that connects games, players, metaverses, and communities within Web 3.0. It was launched in September 2021 to allow the community to buy and sell in-game NFTs on Treasure. Additionally, it serves as a reserve currency for the Treasure metaverse.
Who founded MAGIC (MAGIC)?
MAGIC is supported by the Treasure platform, which was founded by three co-founders: John Patten (Strategy), Gaarp (Growth), and Karel Vuong (Operations). The team has experience in various fields including development, product management, economics, marketing, and gaming.
How does MAGIC (MAGIC) work?
MAGIC is the official currency of the Treasure ecosystem. It acts as a cross-metaverse currency that connects separate gaming communities. Players can earn MAGIC tokens by gaming, mining, and participating in Bridgeworld, the flagship game of Treasure. Additionally, MAGIC tokens can be used in other games on the Treasure platform. MAGIC can also be staked in the Atlas Mine to help govern the Treasure platform.
What sets MAGIC (MAGIC) apart?
MAGIC sets itself apart by being the official currency of the Treasure Metaverse and acting as a bridge between different gaming communities and metaverse projects. It is designed to become increasingly scarce as more players join the ecosystem. Additionally, Treasure integrates DeFi, NFTs, and gaming in its ecosystem, allowing players to convert their NFTs into productive assets and earn rewards.
How can MAGIC (MAGIC) be used in the future?
MAGIC can be used in various ways in the future. It can be used as a means of payment within the Treasure Metaverse and other metaverse projects connected to the Treasure ecosystem. Additionally, it can be used to buy and sell NFTs on the decentralized marketplace Trove. MAGIC can also be staked in the Atlas Mine to help govern the Treasure platform and earn rewards.
Additional information about MAGIC (MAGIC)
MAGIC (MAGIC) is an ERC-20 token with a maximum supply of 347,714,007 coins. It is a deflationary token, and holders can vote on governance matters within the Treasure ecosystem. MAGIC is built on Arbitrum and secured by Ethereum's Layer-1 proof-of-stake consensus mechanism.
Can I make money with MAGIC (MAGIC)?
Yes, it is possible to make money with MAGIC (MAGIC)
. Players can earn MAGIC tokens
by gaming, mining, and participating in various activities within the Treasure ecosystem. Additionally, MAGIC tokens can be staked in the Atlas Mine to earn rewards. It is important to stay updated on the latest developments and news about MAGIC to make the most of the opportunities to earn money.