Rank: 279
1352 Watchlists
NFT
MAGIC Price
Contracts/Explorers:
Ethereum
Funds and Backers
Wallets
No wallets found yet
Treasure is a decentralized NFT ecosystem on Arbitrum that is built specifically for metaverse projects.
Links
Market Cap
$ 196.16M
FDV
$ 258.18M
ATH Market Cap
$ 482.24M
24 Trade Vol.
$ 18.37M
Vol. (24h) / MCap
0.0936
Max Supply
MAGIC 347,714,007
Total Supply
MAGIC 339,645,510
Circulating Supply
MAGIC 264.19M
(76% of Max Supply)
Listing Date
28 Sep 2021
All Time High
$ 6.49
19 Feb 2022
All Time Low
$ 0.0203
6 Oct 2021
From ATH
From ATL
Treasure is a decentralized NFT ecosystem on Arbitrum that is built specifically for metaverse projects. Every project listed on Treasure’s marketplace utilizes MAGIC in their respective metaverses, with each community inventing its own lore and storytelling for this resource. MAGIC, the native token of Treasure, is the sole currency for marketplace transactions. In this way, MAGIC acts as the reserve currency for the entire web of metaverses connected under the Treasure umbrella. Treasure projects are linked–narratively and economically–through MAGIC. The DAO uses MAGIC emissions to grow new projects and continue supporting more mature ones.
The central metaverse in Treasure is a place called Bridgeworld, where MAGIC is emitted and harvested. Bridgeworld utilizes a three-part resource economy:
MAGIC is an increasingly scarce resource needed to “power on” treasures and allow them to function as productive assets. Treasures produce the instruments and materials needed to continue mining MAGIC. This dance between treasures and MAGIC forms a base layer metaverse on which other metaverse economies can be built and connected.
Magic's current price is $ 0.743, it has dropped -1.56% over the past 24 hours.
Magic's All Time High (ATH) of $ 6.49 was reached on 19 Feb 2022, and is currently -88.6% down.
The current circulating supply of Magic is 264.19 Million tokens, and the maximum supply of Magic is 347.71 Million.
Magic’s 24 hour trading volume is $ 18.37 Million.
Magic's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 196.16 Million.
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