MAGIC is the utility token that connects gaming communities in the Treasure Metaverse: a decentralized NFT ecosystem which sits on Arbitrum, one of Ethereum’s Layer 2 scaling solutions.
MAGIC is a cross-game currency that connects games, players, metaverses, and communities, all within Web 3.0. The token was launched in September 2021 so its community could buy and sell in-game NFTs on Treasure. It also acts as a reserve currency for Treasure’s metaverse.
Players can earn MAGIC tokens by gaming, mining, and participating in Bridgeworld, Treasure’s flagship game. Treasure now hosts twelve other games on its platform, some of which allow you to use and generate MAGIC tokens like in Bridgeworld. These include Beacon, a free-to-play fantasy action rogue-lite RPG; and Realm, a world-building and exploration game.
## Who Are the Founders of Magic?
Treasure, the platform served by MAGIC, was established by three co-founders: John Patten (Strategy), Gaarp (Growth), and Karel Vuong (Operations). Not much is known about the team’s experience prior to launching Treasure.
Treasure and $MAGIC are operated by a decentralized autonomous organization (DAO), which consists of 36 community contributors. The DAO’s team members include experienced developers, product managers, economists, creative marketers, artists, and many enthusiastic gamers.
## What Makes Magic (MAGIC) Unique?
MAGIC is the official currency of the Treasure ecosystem. It acts as a cross-metaverse currency that links together separate gaming communities. It was designed to become increasingly scarce over time as more players join the ecosystem.
You can earn and use MAGIC tokens in Bridgeworld, Treasure’s flagship game, and in Treasure’s twelve other games. You can also stake MAGIC tokens in the Atlas Mine in order to help govern the Treasure platform.
Treasure is a community-driven gaming project: small gaming communities are at the center of its ecosystem. Each smaller gaming community is “connected through lore, guilds, resources, and MAGIC.” These separate communities can trade NFTs and collaborate using MAGIC tokens. More established communities can, for instance, use MAGIC to help develop new or emerging projects.
Treasure integrates DeFi, NFTs and gaming into its ecosystem as three separate elements: there’s MAGIC, the cross-game digital currency; Treasures, which are in-game NFT items; and Legions, the platform’s in-game NFT characters. MAGIC tokens let you transform Treasure NFTs into productive assets, and Legions help you earn Treasure NFTS and mine MAGIC tokens.
How to Buy MAGIC on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing MAGIC. Some reputable platforms include HTX、Bybit、Bitget, and others.
Step 2: Register an Account
Here, we'll register an account on the Bybit(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing MAGIC.
Step 5: Purchase MAGIC
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of MAGIC you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy MAGIC.
Step 6: Store Your MAGIC
After purchasing, you can choose to store your MAGIC in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and MAGIC assets, be sure to use a strong password and enable two-factor authentication.
MAGIC Price:Treasure is a decentralized game publisher on the Arbitrum network, built specifically for community-driven games.The price fluctuates daily, you can go to the exchange: Bybitto check the price.
Recommended Similar Coins: GMX、RDNT