Treasure is the decentralized video game console connecting games and communities together through imagination, MAGIC, and NFTs.
Conventional gaming has always been an oligopolistic market, where only the big techs such as Microsoft, Nintendo, or Sony, stand a chance to compete for a piece of the cake. This market structure causes an uneven income distribution, with producers appropriating from the consumer’s surplus. In non-economical language, they are selling their products at a price and an amount that does not maximize the social benefit from the transactions because the ones that get the bigger benefit are the producers as a result of their market power.
Web 3, as we are already used to, not only provides a more democratic market structure, but also a fairer one. A decentralized organization, AKA, DAO is the main source of decentralization nowadays, meaning that no central authorities can control what happens in the system, from economic decisions to political ones. This is achieved by a self-governance scheme, where token holders get to make the decisions rather than a directory or a CEO making it work in a completely democratic way.
:-“Treasure is building the ‘decentralized game console’ to connect games, builders, and players together through bottom-up driven IP and infrastructure, unified through a common set of composable resources. Underpinning the Treasure ecosystem is MAGIC, a fair launch token that powers key infrastructure and acts as a reserve asset across its ‘game cartridges’ – first-party and third-party game titles built by experienced game developers and studios.”
To achieve decentralization, they have launched a partnership with CommonWealth a DAO and community platform.
Commonwealth accommodates various governance processes, allowing crypto projects not to be managed across multiple platforms, like Discord and Telegram, once they create a forum on their website. they were the first project to provide an all-in-one platform for decentralized governance, community discussions, treasury management, and more.
Treasure’s token is called $MAGIC. As we said earlier, DAOs give token holders the chance to make decisions. Its treasury adds up to around 38M between tokens, NFTs, Etc, with 70% of it in its native token.
Every organization has an objective, they work in order to achieve certain results, and Treasure is not an exception, their main initiative is to support game devs helping them to create economical sustainability by connecting them together, financing them, and creating an ecosystem based on gaming and NFTs. All this is held together by $MAGIC token. Backed by the network of metaverses, communities, and DeFi infrastructure built on Treasure. A global economy with one native token bridging the worlds and connecting the infrastructure and communities utilizing them.
How do they connect the different games creating the MAGIC metaverse?
MAGIC is the currency of the Treasure ecosystem that serves as cross-metaverse monies within a common economic layer.
MAGIC was designed to be increasingly scarce (emissions declining as the complexity of the economy increases), as it weaves an ever-growing web of narrative bridges within Treasure’s ecosystem of metaverses.
Players are able to earn and use MAGIC by playing Bridgeworld (one of Treasure’s flagship products) and other game cartridges. Staked MAGIC in the Atlas Mine also enables holders to govern the broader Treasure ecosystem.
Treasures (NFTs) are a set of economic resources shared across metaverses. As such, each NFT carries with them a unique story that weaves between different worlds. They are lore of other worlds, and they, themselves are the bridges between them.
It began with Bridgeworld but utility for Treasures will continue to be introduced to other game cartridges, reinforcing our interoperability thesis of NFTs shared across metaverses.
And what about the games?
Treasure’s grassroots formation has already inspired dozens of community-led projects to launch and integrate MAGIC. It’s the developing home for a thriving ecosystem that comprises a wide spectrum of builders – professional game studios, seasoned developers, and hobbyists.
They call the games in the ecosystem cartridges, and this is the most popular one.
Is a game of strategy, commerce and trade at the center of the Treasure metaverse.
You can summon legions of workers using $MAGIC and guide them throughout the land in search of treasures and other hidden assets native to the bridgerworld ecosystem.
After you have summoned your recruits, you can send them to quests.
While questing, recruits gain valuable experience in Bridgeworld, but that’s not the only thing they’ll return with. On their quests, they work hard to uncover treasure fragments they’ll, later on, deliver to you. Combined with magic, these treasures can act as productive resources if exposed to MAGIC. Once your legion has gained experience and hard-working earned materials you can forge new items and put them to work or turn them into valuable treasures. These treasures also help legions mine for MAGIC and achieve greater success on quests.
You are not the only player around, there are many others that roam the legion lands alongside you. Advanced players might seek to command auxiliary legions or genesis legions, created by MAGIC itself. These different kinds of legions offer broader opportunities, such as advanced questing and additional crafts. They can be purchased on the trove marketplace alongside additional treasures and consumables.
BattleFly is an experimental P2E/PVP hybrid that takes place over multiple seasons. You can equip your BattleFly with a winning combo of mods and send it into combat. Strategic thinking will get you far in this game and increase your ability to earn. They’ve also included a race version called BattleFly racer, it is actually an arcade-style game designed to test your speed and skill. You’ll need to pilot your BattleFly through a world of obstacles to collect nectar in order to gain a space on the leaderboard.
How does it work?
To begin with, you’ll need to mint your cocoons on the marketplace. This cocoon holds a Battlefly inside. Release your BattleFly from its cocoon to discover its rarity, traits, and mods, and start its four-week genesis phase to prepare for Ascension to Season 2.
What are the seasons?
Seasons are a period that lasts 4 weeks in which you can optimize your rank. As you do so, your ROI will also do the same. Every BattleFly is mathematically capable of generating a positive ROI for its owner. You can stake your BF in the garden to farm mods that will increase its combat power. Once your mods are ready, you’ll need to develop a good strategy, this is a key point for the victory. I’d make sure I’ve got a nice strategy because Hyperdome allows you to stake your BattleFly with $magic and compete against other players for rewards. If your BattleFly enters the Hyperdome under-prepared, it may lose many battles and your staked $magic will slowly, but inevitably be seized by superior competitors.
Fortune favors the strategic
Some blockchain games start affordable to play but quickly become inaccessible to players as the price of NFT assets within the game rapidly inflates.
BattleFlys tokenomics have been purposefully designed to promote inclusivity and ensure the game has an entry price that enables people from all over the world to play. We are committed to maintaining a low-cost entry point, and rewarding players based on their strategic gameplay, not the size of their wallet.
Now you’ve read this, maybe you should give it a try on your own and experience all this on your own, and maybe who knows maybe you can get lucky and get a nice treasure!