The decentralized video game console known as reassuring links communities and games through bottom-up-driven IP and architecture that is unified by a shared pool of modular resources.
The $MAGIC token, a fair launch token that drives essential infrastructure and serves as a reserve asset across partner “game cartridges,” is the foundation of the Treasure ecosystem.
Magic Crypto (MAGIC): What Is It?
The Treasure metaverse’s primary resource is MAGIC (MAGIC). A decentralized NFT ecosystem designed for metaverse projects is called Treasure.DAO controls Treasure (Decentralized Autonomous Organization). The platform is powered by non-fungible tokens (NFTs), which redirect imagination into useful and yield-bearing assets, according to its whitepaper.
As the protocol threads an ever-expanding web of narrative bridges throughout the metaverse, it is poised to become progressively insufficient.
With the Treasure protocol, communities will be able to launch fresh, decentralized metaverses. Bootstrapping is the process of starting and running a firm using personal funds or operating revenue. The portal also intends to connect partner ecosystems and broaden the Treasure metaverse. Additionally, the native token of the Treasure platform is MAGIC. The token is used to control the operations of the Treasure ecosystem. The only form of payment for marketplace transactions is the token. Additionally, MAGIC serves as the reserve currency for the entire metaverse network connected by the Treasure. The main ways that participants in the ecosystem make MAGIC tokens are by playing, mining, and taking part in Bridgeworld.In Treasure, Bridgeworld serves as the epicenter of the metaverse. The MAGIC token is used in a Liquidity Pool or staking system that consistently operates, reducing the number of tokens in circulation.
History of Magic Crypto
The MAGIC environment was founded by John Patten and Gaarp. Another creative advisor for the platform is John Patten. There are 178,029,559 MAGIC tokens in total.
How to buy Magic Crypto?
On decentralized exchanges, certain cryptocurrencies, like Magic Token, can only be bought using another cryptocurrency. You must first acquire Ethereum (ETH), and then you must use ETH to purchase Magic Token. And you need a wallet known as a self-custody wallet to do so. Here’s how you can do so using Coinbase Wallet.
Install the Coinbase Wallet.
It is necessary to use a self-custody wallet, such as Coinbase Wallet, to buy Magic Token. Both a browser extension and a mobile app are offered for Coinbase Wallet.
Pick a username for your Coinbase Wallet.
You must select a username while configuring your Coinbase Wallet. With this login, other Coinbase Wallet users can send you cryptocurrency with ease. The username is optional, however, it is necessary to access the account.
Keep your recovery phrase in a safe place.
A recovery phrase made up of 12 random words will be sent to you when you create a new self-custody wallet. Anyone who knows your recovery phrase gets access to your crypto because it is the key to it. Keep your recovery phrase a secret from others. We strongly advise writing these down on paper, keeping them in a safe place, and using the cloud backup function of Coinbase Wallet. Do not divulge your recovery phrase to anyone, please. Your recovery phrase will never be requested by Coinbase. Additionally, Coinbase cannot assist you in accessing your wallet if you forget your recovery phrase.
Recognize and prepare for the Ethereum network fees.
Fees vary according to the amount of traffic on the network, the complexity of the transaction, and how quickly you need the transaction to be finished. Consider saving some cash for fees.
Purchase and send ETH to your Coinbase Wallet.
To purchase Ethereum, you must first open a Coinbase account if you don’t already have one (ETH). Find out more here about how to sign up for a Coinbase account and purchase Ethereum (ETH). Using the Chrome extension or the mobile app will affect how you send ETH to your Coinbase Wallet.
In the trade tab, use your ETH to purchase Magic Token.
You can buy Magic Token directly from the app if you use Coinbase Wallet on your smartphone.Click the Coinbase Wallet App image.Then select the “Trade” option to exchange ETH for any token that adheres to the Ethereum protocol (also known as “ERC-20 tokens”). When prompted to “choose a coin,” choose Magic Token. Enter how much ETH you want to trade for Magic Token. Don’t forget to budget for transaction costs. To complete, confirm your purchase and adhere to the on-screen instructions. Click “Convert” if you are using the Coinbase Wallet plugin. Enter the amount of ETH you wish to swap for Magic Token when searching for it. Don’t forget to budget for transaction costs. To complete, confirm your purchase and adhere to the on-screen instructions.
Some of the frequently asked questions about Magic Crypto:
What was Magic’s most expensive price?
On February 19, 2022, Magic reached an all-time high of $6.32. (7 months).
What was Magic’s lowest price?
On October 7, 2021, Magic reached an all-time low of $0.019992516533. (11 months).
What was Magic’s trade volume over a 24-hour period?
$3,022,677 was traded in Magic in a single day.
Where can I exchange Magic?
Trading in Magic is possible on BingX, BKEX, and OKX.
MAGIC/USD, MAGIC/CAD, MAGIC/AUD, MAGIC/GBP, MAGIC/INR, and MAGIC/PHP are among the most popular trading pairs for Magic on the market.
The native token of Treasure is MAGIC. Treasure is a decentralized video game console that uses MAGIC, NFTs, and creativity to connect games and communities.
What is the magic cryptocurrency?
Additionally, the native token of the Treasure platform is MAGIC. The token is use to control the operations of the Treasure ecosystem. The only form of payment for marketplace transactions is the token.
What is the cost of magic cryptocurrency?
Summaries of MAGIC prices: The price of MAGIC is currently US$0.6485, and its 24-hour trading volume is $4.22 M.In the last 24 hours, MAGIC is up 12.18%. It is now 24.92% away from its 7-day all-time low of $0.5191 and -7.38% away from its 7-day all-time high of $0.7002.