A Hint of MAGIC: Hunting for Treasures on Arbitrum

Introduction

Treasure DAO is a GameFi ecosystem on Arbitrum that’s recently garnered a huge amount of attention. It began as a simple Loot derivative in Sept. 2021. But as the project amassed a large community, Treasure DAO has been able to expand far beyond its initial vision into an entire ecosystem of projects in the short span of a few months. MAGIC, the native token of Treasure DAO, is the glue that ties together the various products in the ecosystem. Currently, it’s the denomination asset (like ETH on Opensea) for all NFTs in the Treasure marketplace.

Armed with a sizeable treasury and a $20M + ecosystem fund, Treasure’s vision is to be a decentralized game studio, kind of like a Nintendo for the Metaverse. Blockchain game developers will be able to leverage Treasure DAO’s infrastructure and community to bootstrap game universes much quicker.