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Treasure is a game console that serves the important role of linking communities and games together through MAGIC crypto. Find out more about it here.

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Decentralization provides great opportunities for blockchain networks and the platforms that they support. While decentralization is no longer new in the crypto world, its evolution continues to change the landscape. Even platforms that were established some time ago are being reinvigorated through exciting evolutionary changes. 

 is one such platform that has recently been rebranded to take its functionality and appeal to a higher level while connecting 

Treasure is a game console that serves the important role of linking communities and games together. This decentralized platform accomplishes this through Treasure NFTs and its native token, MAGIC.

While Treasure has only been live for slightly more than a year, its builders and developers have identified powerful growth opportunities that warranted its recent rebranding. It continues to be the supporting infrastructure for numerous metaverse projects. Through its rebranding, however, Treasure has strengthened its brand identity while also continuing to support the creative efforts of builders and collaborators as they work on their projects.

Treasure was initially launched in August 2021 on Ethereum as a branch of the 

. The project later migrated over to Arbitrum in October 2021. Its primary founder is John Patten, but he and a talented 

 of creatives and technology experts collectively collaborated on the project. However, little has been publicized about the team's professional experiences prior to working on this project.

Treasure has most recently gained recognition as the top NFT platform on the Arbitrum blockchain, accounting for roughly 95% of its NFT transactions. It has also grown its collection of builders, games and brands substantially in a relatively short period of time. Treasure has a community of 100,000 people using its nine games and brands currently, and this number is expected to grow substantially as new projects come online. 

Since its inception, Treasure’s primary purpose has been to link and support communities, games and builders with the use of web3. By doing so, it hopes to change the landscape of game building. Through decentralization, Treasure is intent on promoting grassroots building and community ownership. To accomplish its goals, the platform uses its native token, MAGIC, to expand its economy and gaming ecosystem while also linking its supported projects.

More than that, the founders and the community members strive to introduce more people to the web3 space through supported games and Treasure NFTs. With the team's focus on making web3 more mainstream, the individuals are focused on finding and developing real-life applications in this space.

Treasure is designed with three primary layers. The first layer, named as Cartridges, has been created by builders using MAGIC, and it is a collection of both metaverses and games. The Treasure console stack’s middle layer is made up of many small Communities. While each community is individualized, they all use MAGIC, similar resources and guilds in their operations. The final layer in Treasure’s console stack is its Infrastructure. This is a powerful section of the ecosystem that features the platform’s economic engine as well as the resources and tools that builders need. 

On a broader level, the Treasure ecosystem supports the development of new metaverse projects. These projects each have a gaming mechanism that allows for developing a player’s NFTs and staking tokens. While each project is unique, every project available on treasure's marketplace utilizes MAGIC, which supports the growth of the Arbitrum blockchain.

The diversity of the Treasure ecosystem has evolved substantially in a relatively short period of time. By doing so, it has enabled builders and collaborators of metaverse projects to excel in their efforts. The core features of this platform are Bridgeworld, Cartridges, Community, Infrastructure and Trove. A closer look at these critical features reveals the key benefits that the platform provides to its many users.

 is the hallmark of this platform, and it serves as the base-level support for the platform’s economic layer and its gamified infrastructure. As the central metaverse for the platform and the essential building block of the supported metaverses, it is the space where the economy thrives. The economy is comprised of MAGIC, Treasures and Legions.

MAGIC originates in Bridgeworld and functions in all of the metaverses supported by Treasure. The platform describes MAGIC as the place where new stars are born. This is because the MAGIC token powers the metaverses. More than that, MAGIC allows the metaverse projects to connect and offers greater functionality for users. It is also the currency used for buying and selling NFTs on the Treasure marketplace, known as Trove. Through its functionality, MAGIC supports greater decentralization as well as the introduction of economic assets that can be used in the real world.

In Bridgeworld, Legions are the key players that are represented by Treasure NFTs, and they comprise Auxiliary and Genesis units. As a player, you claim quests and mine MAGIC by going on adventures. You can also use your Treasure NFTs to upgrade your players within the game. Each Legion has individual characteristics and abilities that support different aspects of gameplay, and these can be increased through the acquisition of Treasures.

Legions use their various resources to elevate gameplay and for 

. Each natural resource, known as a Treasure, can be purchased with MAGIC, and there are currently several dozen different Treasures available to Bridgeworld’s game players. The Treasures can range from donkeys, god-granted favors, diamonds and more. You can use these Treasures to complete various quests and adventures, and open up greater opportunities within the metaverse.

Cartridges, which are developed by creators using MAGIC, are free to mint. All of the Cartridges are fair-launch. Current Cartridges include 

. Some of the Cartridges that will be launched soon include 

. These Cartridges are linked to the Treasure metaverse through their use of MAGIC.

In the Community layer, numerous small communities reside. Each of these communities is individualized by the developer. However, they all utilize MAGIC to function and take advantage of similar guilds and resources.

The essential Infrastructure layer serves as the economic powerhouse for the entire platform. It is also responsible for granting builders of new projects all of the tools and resources that they need to be successful. The other layers, Cartridges and Community, rely on the ecosystem’s core infrastructure to function. All layers utilize Treasure's native token as a connecting mechanism.

In the Treasure Trove, collectors, game players and others can buy and sell gamified NFTs. This is a specialized marketplace that operates on Arbitrum. The NFT transactions can be completed with MAGIC or ETH. By purchasing NFTs in the Trove, you can participate in the corresponding Treasure-based games, including 

and others. As more metaverses come online, the available NFTs in the marketplace will increase substantially.

Treasure supports several games currently, and this number is growing. MAGIC is the unifying token that links these games. MagicSwap facilitates the exchange of MAGIC for other types of reserve currency used in these various games. By doing so, this gateway supports Treasure’s cross-game economy.

Treasure is the foundation for several exciting NFT projects, and more projects are in the works today. While each project stands on its own with individualized features and operations, they all use Treasure's native token. A few of these projects have gained incredible popularity in the decentralized space. What are some of the best Treasure NFT projects to consider playing today?

is less complicated yet equally fun and lucrative for game players. It is recognized as the first project to use the Treasure platform, after 

 along with Smol Cars and Smol Land. As players stake their Smol Brains NFTs, they build up IQ points. With a higher IQ, a Smol Brains NFT increases its value in the marketplace. Smol Pets and Smol Backpacks have recently been released to enhance gaming. Upcoming innovations for Smol Brains include the ability to make Smol Babies and to use Smol Cars in races to earn prizes.

, was the first Treasure metaverse project to go live that was not actually built by the Treasure team. This game starts with a baby Seed of Life NFT, which gradually grows into a child, a teen, an adult and finally, a senior. Over the march of time, the NFT’s traits change. The NFTs are able to fall in love, experience disappointments, get a job, go to school and more. These NFTs simulate the experience of living and take the owner on an emotional journey. When the NFT dies, the owner is awarded a commemorative NFT. MAGIC is the life source that is essential for these NFTs, and they can spur new opportunities and resources.

Treasure has a grassroots community as well as government via the Treasure DAO. This DAO comprises owners of staked MAGIC, and they are responsible for the oversight of the full project. The Treasure DAO also encourages community members to work with team members for the refinement and development of the ecosystem, and this is accomplished via incentives. Going forward, the Treasure DAO may expand the platform's ecosystem and offer more products for the many token holders to take advantage of.

Treasure is a relatively new platform, but several metaverse projects are already live and available on the platform for users to participate in. In addition, new projects are actively being created using the Treasure ecosystem. With this in mind, you can expect significant growth going forward.

The current circulating supply of MAGIC is 113 million tokens. This equates to roughly 32% of the total supply of MAGIC of 350 trillion tokens. Future MAGIC emissions will be allocated with 33% for the Treasure farm and 25% reserved for mining. In addition, 17% of the supply will be used for staking and liquidity. Another 15% is reserved for the ecosystem fund, and the remaining 10% is dedicated to the team. MAGIC’s emission is similar to Bitcoin’s halving mechanism. However, unlike Bitcoin, MAGIC emission occurs annually.

Treasure’s development team specifically opted for the design to take advantage of high early inflation. By doing so, they have fostered long-term sustainability. In addition, the high rewards structure available through MAGIC mining has been crucial in the availability of liquidity. This liquidity has supported protocol and fostered confidence in the platform.

The current price for MAGIC is $0.6263. MAGIC’s peak price of $6.32 was recorded on Feb 19, 2022. The token launched in September 2021 at $0.03828, and the token price reached its lowest point of $0.01999 only a week after the launch.

Looking forward, many experts expect the MAGIC price to increase. While token prices are generally volatile, holding MAGIC could prove to be a profitable investment. According to 

, MAGIC is anticipated to reach $1.64 by the end of 2023. By 2025, the token price may hit $4.71, and it may further increase to $7.63 by the end of 2026. While the projection by many experts is positive, it is important to note that some experts are less bullish on the price of MAGIC going forward. As such, it is important that you always DYOR before investing any of your money.

There are two easy ways to purchase MAGIC. Firstly, you can trade the 

 Spot trading pair on the Bybit exchange once you sign up for a Bybit account.

Another way to buy MAGIC is through the Treasure platform. Treasure’s MagicSwap feature supports token purchases using several cryptocurrencies. Once you hold MAGIC tokens, you can then use them in gameplay on any of the Treasure projects. Because MAGIC is essential for some aspects of gameplay, such as to keep your Life’s Seed of Life NFT alive, you may find yourself taking advantage of the Bybit or MagicSwap exchanges many times going forward.

MAGIC is essential for gameplay in Treasure projects, but it also could be a solid investment. All crypto prices are volatile, and there is always a possibility of losing money through holdings. However, the price of MAGIC is expected to gradually trend upward over the course of the next several years. This means that if you plan to hold MAGIC tokens for the short term, it could potentially result in loss. Holding the tokens for a longer period of time could give you a greater potential for financial gains.

Keep in mind that MAGIC has additional utility beyond being an investment. It can be used to develop NFTs, such as by increasing their resources and adding more advanced powers and traits. When MAGIC is used to enhance your collection of NFTs, there is an additional potential for growth. At the same time, your investment could help to foster further growth of the platform.

While there are many platforms similar to Treasure today, this platform stands apart through its commitment to growing Arbitrum and fostering web3 utility. At the same time, its token can conveniently be used across the spectrum of Treasure projects, and this may enhance gameplay for many owners. If you have not already explored all that Treasure offers, this could be the ideal time to do so.

Treasure (MAGIC): Connecting Metaverse Projects with MAGIC

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