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It's $MAGIC, You Know

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It's $MAGIC, You Know

The fair launch project which is growing into a decentralised Nintendo

Aylo
Jan 12, 2022
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It's $MAGIC, You Know

www.alphaplease.com
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Welcome to the Alpha newsletter. We curate alpha for you. That’s it; that’s the newsletter.


2022 is going to be a big year for Alpha. Please consider subscribing to support the free newsletter.


It’s going to be hard to do Treasure justice in one newsletter, but hopefully this gives you the fomo needed to dig deeper.

A Bit of Background to Treasure

Treasure launched as a free and fair derivative of the viral Loot project back in September 2021. The treasure cards were intended as the building blocks for a self-contained universe.

Much has happened since the inception of Treasure, most importantly it survived the perils of extremely low liquidity, which has claimed many a metaverse and NFT fair launch project.

What has developed since then is truly mind-blowing, exciting and everything that Web3 should be and promises to be.

What is Treasure and $MAGIC?

Treasure is a decentralised 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.

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The aesthetic and art is fire in our uneducated artistic opinion. 

Another analogy:

Treasure DAO is building a "decentralised Nintendo" for the metaverse, consisting of the "console" (and its building blocks), their own play-to-earn games, games from other developers, a launchpad for those games, and a marketplace where you can trade the assets of those games as NFT.

$MAGIC is the currency that ties everything together. All games being built utilise $MAGIC and the NFTs can only be bought with $MAGIC.

In order to understand Treasure and its ecosystem you are going to have to read a fair amount, but these are two great threads to get you started:

Twitter avatar for @pogpunk
pogpunk.eth 🌈🐸🪙 @pogpunk
Why I sold my MAYC and other blue chips to go all in on $MAGIC & the @Treasure_NFT ecosystem a🧵 on what I just dumped 6 figures into
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4:12 AM ∙ Jan 6, 2022
686Likes190Retweets
Twitter avatar for @Br0keboy96
brokeboy96.eth @Br0keboy96
Disclaimer: I bought bags of $MAGIC. Writing this to solidify my conviction on @Treasure_NFT and is not meant as Financial Advice for anyone else. Title: Why $MAGIC is my greatest play of 2022? 1. Introduction 2. Macros 3. Tokenomics 4. Fundamentals 5. Community 6. Future 🧵⬇
4:15 PM ∙ Jan 5, 2022
182Likes41Retweets

On Liquidity

The team have made the liquidity of $MAGIC one of the core objectives of the ecosystem.

In their words:

Framing liquidity as the game’s core objective would take the form of metaphor. Three such metaphors come to mind: liquidity as weather, liquidity as time, and liquidity as a measure of spatial reach.

Treasure Dao explain their liquidity metaphors here


The Games

Two games are live and many more will be on the way soon. ALL of the games were free mints. Yes, free mints.

Legions are the NFTs of the Bridgeworld, which is the flagship project of Treasure.

Twitter avatar for @branavann
branavan.eth (🪄,🧠) @branavann
Legion Genesis hit a 5,000 $MAGIC floor following a sweep by lilstone (Opensea username). The whale spent 83,901 $MAGIC ($232,405.77) on 16 Legion Genesis today. This began after the wallet withdrew 179,291 $MAGIC, while led the user to immediately buy up NFTs on @Treasure_NFT
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6:54 AM ∙ Jan 11, 2022
141Likes21Retweets

Why is Treasure currently undervalued?

Uncle Pennybags breaks down some of the Treasure ecosystem numbers.

Twitter avatar for @realpennybags
Uncle Pennybags 🦍 @realpennybags
1\ $magic may have run up considerably during the past two weeks, but interestingly, investing in the @Treasure_NFT ecosystem seems more undervalued than ever a short🧵..
2:15 AM ∙ Jan 7, 2022
481Likes140Retweets

These are staggering numbers.

Twitter avatar for @Mike_Crypto
Mike_Crypto (🪄,🧠) @Mike_Crypto
The @Treasure_NFT NFT marketplace has flipped the @AxieInfinity NFT marketplace and is the 2nd largest NFT marketplace in the world over the past 24 hours with over $8mm dollars today so far. $MAGIC …e-marketplace-analytics.herokuapp.com/analytics / dappradar.com/nft/marketplac…
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9:44 PM ∙ Jan 4, 2022
817Likes296Retweets

Treasure Dao will also be launching their own NFT marketplace. Guess who will benefit? The $MAGIC stakers.

Twitter avatar for @Treasure_NFT
TreasureDAO @Treasure_NFT
The Treasure marketplace will always be niche, by design But in 2022, we’re launching our OpenSea competitor. Decentralized, generalized, and all proceeds go to the DAO. Time to make $MAGIC ✨
Twitter avatar for @prav214
prav @prav214
every time I see @opensea down, im glad I've been shopping on @Treasure_NFT's ecosystem
3:35 AM ∙ Dec 18, 2021
611Likes165Retweets

Some notable names are now backing Treasure. Jiho, the co-founder of Axie stands out…

Twitter avatar for @Treasure_NFT
TreasureDAO @Treasure_NFT
We are thrilled to announce a $3 million investment in $MAGIC ✨ led by 1kx. With these strategic partnerships in place, Treasure DAO will be well positioned to achieve its vision of creating cross-metaverse economies.
Image
2:43 PM ∙ Dec 23, 2021
1,027Likes344Retweets

And Blackpool (NFT hedge fund) are in.

Twitter avatar for @BlackpoolHQ
BlackPool @BlackpoolHQ
One dream, one soul, One prize, one goal! One golden glance of what should be....🎶 It’s a kind of $MAGIC ! ✨ A fitting tune to announce our partnership with @Treasure_NFT don't you think? 🦍 Read more about it here 👇🏼 blog.blackpool.finance/blackpool-back…
blog.blackpool.financeBlackPool backs TreasureDAO to enter the BridgeworldBlackPool’s foothold in the metaverse, in the broadest sense of the word, has been strengthened once again with a participation in the $3 million investment in $MAGIC led by 1kx.
5:07 PM ∙ Jan 5, 2022
125Likes32Retweets

How to frame $MAGIC as an investment?

You can bet on the whole crypto gaming category with $MAGIC.

Twitter avatar for @adventur_enft
AdventureNFT @adventur_enft
$MAGIC is the fair-launch, decentralized, Metaverse ETF. Trying to pick individual games? Good luck. People base their entire careers and are paid millions to pick individual games, and produce flops all the time. Invest in attention and belonging, not individual games, $MAGIC.
3:47 PM ∙ Jan 8, 2022
194Likes36Retweets

Many people, including ourselves, are very bullish on L2s, PlayToEarn and NFT marketplaces in 2022. Point well made from Mike.

Twitter avatar for @MikeAbundo
MikeAbundo.eth 🦇🔊 @MikeAbundo
Whether the next big thing is NFT marketplaces, #PlayToEarn, or L2s, $MAGIC is positioned to benefit from any of those narratives.
6:15 AM ∙ Jan 12, 2022
30Likes2Retweets

Hopium and $MAGICal targets

Because it’s fun to be the Imaginoor.

Twitter avatar for @metaversealien
Jpegape (smol,brain) @metaversealien
I tend to agree with this. $magic
Image
2:40 PM ∙ Jan 3, 2022
186Likes37Retweets
Twitter avatar for @litocoen
lito @litocoen
that's my target for $MAGIC
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4:44 PM ∙ Jan 6, 2022
55Likes5Retweets
Twitter avatar for @Debussy100
🐸Debussy 🥚(👾,👾) @Debussy100
Gm Do we get there smol frens? $magic
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4:55 PM ∙ Jan 3, 2022
112Likes9Retweets

Assorted Crypto Twitter commentary

Big buyers stepping in.

Twitter avatar for @6Foot4Honda
Slim Shady @6Foot4Honda
Ummm did $magic really get a 1m buy?
Image
4:36 PM ∙ Jan 11, 2022
65Likes9Retweets

$MAGIC is dominant on Arbitrum.

Twitter avatar for @Dior_eth
Sonnie (9,5) @Dior_eth
Arbitrum Daily TX chart breaking outwards since this $MAGIC run Arbitrum Volume breaking out past 100M with $MAGIC responsible for nearly 30% of its total volume 24H. Exchanges like @cryptocom @binance have arbitrum bridges enabled Still early ANON $MAGIC to $100
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9:14 PM ∙ Jan 6, 2022
93Likes13Retweets

Some of the larger accounts on Twitter are also starting to promote $MAGIC…

Twitter avatar for @CryptoGodJohn
Johnny @CryptoGodJohn
You probably want to look into the @Treasure_NFT ecosystem and see what they are building. $MAGIC will run hard and currently under $150M marketcap. Here is a gift. medium.com/@TreasureNFT/f…
Image
6:01 PM ∙ Jan 4, 2022
227Likes45Retweets

Remember that German footballer who scored the winning goal in the 2014 World Cup final? He has a Treasure NFT…

Twitter avatar for @MarioGoetze
mariogotze.eth @MarioGoetze
Making smol steps in the crypto space
Image
6:50 PM ∙ Jan 5, 2022
2,404Likes542Retweets

Resources to learn more

Bram has built an entire website dedicated to Treasure.

Twitter avatar for @bramk
Bram Kanstein.eth @bramk
I went down the @Treasure_NFT / $MAGIC rabbit hole and absolutely LOVE what they are building! 🤍 Got lots of questions about how to get started, so I made a website for everyone who is interested to dive in too 🎉 Check it out 👇 startwithmagic.com✨
Image
9:18 PM ∙ Jan 10, 2022
436Likes158Retweets

Go through the white paper: https://docs.treasure.lol/about-treasure/introduction

The founders’ long term vision: https://medium.com/@TreasureNFT/founders-long-term-vision-for-treasure-project-c236bfee0039

The Treasure website: https://www.treasure.lol/


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