treasure dao(magic) Project Analysis
1.Institute Short Review
treasure dao is built on the Layer 2 network of Ethernet, and through the combination of NFT + Defi + Gamefi, it builds a bridge between various ecological NFTs, thus forming a huge meta-universe ecology. Therefore, it is worth to pay attention. Recently, The Beacon, a game supported and developed by Treasure dao, was officially launched and received a good response in the market, driving up the project's fervor. In the overall sluggish market, the daily activity of Treasure Dao has increased 10 times in a week, and its token magic has also rebounded from the bottom, so it is worth paying attention to.
2. Recent outbreak points
Its chain tour broke out; oversold rebound.
3. Project introduction
treasure dao is a meta-universe concept project built on L2 (Arbitrum), with the resource starting point of meta-universe and ecological construction around economic mechanism. As the ace product of Ethernet Layer 2 network, the project was established in August 2021, and focused on NFT financialization when it was launched, supporting users to make NFT transactions and lending. Users can pledge Loot, Treasure and other NFT assets or AGLD (Loot community-derived tokens) to obtain tokens MAGIC mining revenue.
4. Role of tokens
The magic token is the governance token of treasure dao, which runs through the entire project ecology. Holders of magic tokens can achieve certain governance rights, voting rights and decision-making rights.
treasure farm: 33%
6. Investment Institutions
treasure dao closed a $3.5M round of funding in its early years, led by digital strategies guild, with participation from 1kx, neon dao, iosg, indigg and other institutions.
7. Project outlook
treasure dao's ecological projects are basically Crypto native, with more innovation, and through the community drive, all kinds of nft projects are closely connected together. The Beacon game, which is a big hit this time, is also sought after by users because of its unique Roguelike gameplay in the chain game. In the future, under the continuous enrichment and building of its ecology, we are more expecting the performance of its ecological token MAGIC.
Token name: magic
Project website: https://treasure.lol/
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