
Magic (MAGIC)
Key data
updated $0Magic (MAGIC) is a utility token powering TreasureDAO, a decentralized gaming ecosystem built on Ethereum. It serves as the primary currency for in-game transactions, NFT purchases, and governance within the platform. Think of it as the 'gold' of a metaverse where players and developers interact across multiple games.
Frequently asked questions
What is Magic and how is it different from other gaming tokens?
Magic is unique because it connects multiple games within TreasureDAO's ecosystem, allowing assets and value to flow between them. Unlike single-game tokens, MAGIC is designed for cross-game interoperability, making it more versatile than traditional in-game currencies.
How does Magic's technology work?
MAGIC operates as an ERC-20 token on Ethereum, with smart contracts enabling its gaming ecosystem functions. TreasureDAO uses decentralized autonomous organization (DAO) governance, where MAGIC holders vote on platform upgrades and game integrations.
How is MAGIC's supply controlled?
MAGIC has a fixed maximum supply of 347,714,007 coins. New tokens are primarily distributed through gameplay rewards and ecosystem incentives, with emission rates controlled by community governance decisions.
How can I store and use MAGIC?
Store MAGIC in any Ethereum-compatible wallet like MetaMask. Use it to purchase NFTs, participate in games, stake for rewards, or vote in TreasureDAO governance. Some decentralized exchanges also support MAGIC trading pairs.