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COINTURK NEWS > Altcoin News > What is Magic (MAGIC) Coin?
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What is Magic (MAGIC) Coin?

In Brief

  • Treasure is a decentralized video game console that connects games and communities through bottom-up-directed IP and infrastructure, unified by a common set of combinable resources.

COINTURK NEWS
COINTURK NEWS 2 years ago
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Treasure is a decentralized video game console that connects games and communities through bottom-up-directed IP and infrastructure, unified by a common set of combinable resources. MAGIC, the foundation of the Treasure ecosystem, is described as a fair launch token that powers the core infrastructure and serves as a reserve asset among shared ‘game cartridges.’

Contents
What is Magic (MAGIC)?How to Buy MAGIC Coin?

What is Magic (MAGIC)?

Treasure aims to build a decentralized ‘gaming console’ and publishing stack. The features offered to users include:

  • Cartridges: Games and metaverses built from scratch by Treasure and experienced founders, all interconnected through MAGIC.
  • Community: A composition of many smaller communities interconnected through knowledge, guilds, resources, and MAGIC.
  • Infrastructure: A shared economic engine, tools, and resources that power the ecosystem and empower builders.

According to the Magic team, most P2E games today are unsustainable by design. The game’s adoption lasts as long as speculation on the native token continues. Once the yield runs dry, users shift to new projects and tokens. Founders and games struggle with evaporating revenue, community attrition, and token illiquidity. The Magic team aims to solve this problem.

Treasure aims to solve this issue by creating a gaming and NFT ecosystem held together by the MAGIC token. MAGIC is supported by the network of metaverses, communities, and DeFi infrastructure built on Treasure. The goal is to offer a global economy with a single native token that bridges worlds and connects the infrastructures and communities that use them.

According to the explanations, MAGIC is the currency of the Treasure ecosystem and serves as a currency between metaverses within the shared economic layer. MAGIC is designed to become increasingly scarce as Treasure weaves a network of narrative bridges across its metaverse ecosystem.

Players can earn and use MAGIC by playing Bridgeworld (one of Treasure’s flagship products) and other games. Staking MAGIC in the Atlas Mine allows holders to govern the broader Treasure ecosystem.

Treasures (NFTs) are a set of economic resources shared across metaverses. As a result, each NFT carries a unique story across different worlds. NFTs are the lore of other worlds and serve as bridges between these worlds.

According to the statements, the story began with Bridgeworld, but Utility for Treasures will continue to be added to other play spaces, strengthening the thesis of NFT interoperability shared across metaverses.

How to Buy MAGIC Coin?

MAGIC Coin can be purchased quickly and securely via Binance, the world’s largest cryptocurrency trading platform by trading volume.

To buy MAGIC Coin, you first need to become a member of Binance and then transfer fiat currency. After sending a fiat currency like  dollars, you can perform a purchase in the MAGIC trading pair with Bitcoin (BTC), BUSD, or Tether (USDT) where MAGIC is traded.

 

Additionally, users can place a purchase order at a lower value than the market price on Binance, allowing them to buy at their desired price. To do this, simply use the Limit tab and enter the amount you want to buy and the price you wish to pay.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 12 August, 2024 - 3:00 pm 12 August, 2024 - 3:00 pm
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