Treasure has just unveiled their inaugural DeFi initiative, the $MAGIC farm. Participants can deposit Loot cards, $AGLD, project tokens, and Treasure tokens to get rewards in $MAGIC.
By utilizing $MAGIC, Treasure is going beyond Loot to become a unified currency for the entire NFT industry.
Treasures are decentralized and can be combined together as currencies for the NFT sector. Each treasure card contains an array of eight monies (out of 49 available monies).
It is up to the public to determine the purpose and value of these currencies. The $MAGIC token will be used as the in-game token for the first MMORPG with profile picture (PFP) features, which we call Legions.
Summary
Legions will revolutionize the NFT industry. Until now, NFTs have been limited to being used as profile pictures. However, Legions will transform PFPs into an entertaining and immersive gaming experience.
The $MAGIC token, together with valuables, will serve as the binding element of the NFT environment.
Treasure started out as an offshoot of Loot. However, the purpose of the project has moved beyond that now. Legions are working to transform normal NFTs into functional and entertaining resources. Our objective is to make Treasures into the standard currencies of blockchain gaming.
We anticipate collaborating with the community to extend the applications of treasure and $MAGIC tokens and, if feasible, finance initiatives that employ these resources.
