Treasure DAO is a notable undertaking in latest instances when the undertaking token was listed on the Binance exchange. So what is Treasure DAO? Today we master about this undertaking with Coinlive!
What is Treasure DAO (MAGIC)?
Treasure DAO is a decentralized NFT ecosystem on Arbitrum and function-developed for metaverse tasks. Ecosystem tasks are linked economically by means of the MAGIC token. DAO releases MAGIC to assistance and produce tasks on Treasure DAO.
Last December 2022, the variety of month to month energetic end users greater appreciably and reached pretty much twenty,000 end users when The Beacon game on this ecosystem acquired a great deal of consideration from developers and traders in the marketplace.
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Ecosystem tasks in the Treasure DAO ecosystem
Collection
Trove is an NFT exchange for the Treasure DAO ecosystem, launched in November 2021, with NFTs traded in ETH and MAGIC.
Currently, the NFT assortment with the highest trading volume on Trove in terms of MAGIC is The Beacon – Eggs, even though the highest volume in ETH is Knights of Aether (KOTE).
Magic Exchange
Another piece that plays a significant element in Treausre’s DAO ecosystem is Magicswap. Magicswap is the greatest DEX in the Treasure DAO ecosystem. Currently, the undertaking only makes it possible for the exchange of two token pairs MAGIC/Gfly (with Gfly as the BattleFly DAO governance token) and MAGIC/ELM (with ELM as the Tales of Elleria governance token).
bridge planet
Bridgeworld is a bridge connecting tasks in the Treasure DAO ecosystem. Bridgeworld consists of 7 elements: Atlas Mine, Barracks, Summoning Circle, Ivory Tower, The Forge, Harvesters.
Bridgeworld is powered by three varieties of sources:
- MAGIC (Energy): native token of the total Treasure DAO ecosystem
- Treasury (Resources): MAGIC mineral sources
- Legions (NFT): Game characters
Smelting
Smolverse is an NFT undertaking on Treasure DAO. The undertaking consists of three primary NFT series: Smol Bodies, Smol Pets and Smol Brains. These three series can be divided into Moon Rock, Stardust, Comet Shard, Lunar Gold and Alien Relic groups dependent on the rarity. The undertaking at the moment has thirty,000 local community members, and the cumulative trading volume of Smolverse is officially above $36 million in MAGIC.
The lighthouse
The Beacon is the hottest game in the Treasure DAO ecosystem. The Beacon has designed single player methods and PvE modes will be launched one particular right after yet another in the close to long term.
In Single-player mode, the player can enter the dungeon alone to battle, striving to preserve the character alive, the player will be in a position to get the reward of NFT (Non-Fungible Tokens) or FT (Fungible Token).
The Beacon is a free of charge game. However, gamers can totally pick out to launch NFT characters at a expense of forty USD.
Tales of Elleria
Tales of Elleria is an RPG inspired by Final Fantasy. The game introduces the attributes of PVP, products technique, leveling up, guild and in-property financial technique.
The game is operated on the basis of two varieties of tokens: ELM (primary token), MEDALS (further tokens).
In addition, the Treasure DAO ecosystem also has a variety of other game tasks this kind of as: BattleFly, The Lost Donkeys, Toadstoolz, Knights Of The Ether, LifeVerse, Lost SamuRise.
Basic details about the MAGIC token
- Token Name: Magic
- Tickers: MAGIC
- Blockchains: Polygon, Arbitrum
- Token common: ERC-twenty
- To contract:
- 0xb0c7a3ba49c7a6eaba6cd4a96c55a1391070ac9a (Ethereum)
- 0x539bde0d7dbd336b79148aa742883198bbf60342 (polygon)
- Type of token: Utility, Governance
- Total provide: 339.645.510 MAGIC
- Circulating provide: 205.129.893 MAGIC
Allocation of tokens
Treasure Farm: 33%
Extraction: 25%
Staking / Liquidity: 17%
Ecosystem Development Fund: 15%
Squad: 10%
Token Release Program
What is the MAGIC token utilised for?
The primary currency in the Treasure DAO ecosystem.
Token holders have the appropriate to vote in undertaking governance selections.
MAGIC token storage wallet
You can shop this token in the following wallets: Metamask, Coin98 Wallet, Trust Wallet, …
How to Earn and Own MAGIC Tokens
Buy straight on supported exchanges.
Join video games in the Treausre DAO ecosystem to mine MAGIC.
Where to purchase and promote MAGIC tokens?
Currently, MAGIC is traded on lots of unique exchanges with a complete day-to-day trading volume of somewhere around $14.9 million. Exchanges listing this token contain: Binance, OKX, Bybit, MEXC, Crypto.com, Coinbase, Uniswap, …
summary
Treasure DAO is the greatest NFT ecosystem on Arbitrum, with an financial model managed about MAGIC, the project’s native token.
Arbitrum is a pretty new Layer-two platform and has not nonetheless issued a token, in the long term it is possible that income will proceed to pour into this platform and make favorable possibilities for tasks developed on Arbitrum this kind of as: Treasure DAO.
In basic, the gameplay of video games in the Treasure DAO ecosystem is fairly uncomplicated and almost nothing eye-catching.
Through this posting, you ought to have by some means grasped the primary details about the undertaking to make your investment selections. Coinlive is not accountable for any of your investment selections. I want you good results and earn a great deal from this prospective marketplace.
