TreasureDAO
TreasureDAO

@Treasure_DAO

10 Tweets 6 reads Feb 15, 2022
1/ To prepare for the launch of our native marketplace, we wanted to recap the project for new users.
Treasure began with a simple idea: what if we built a metaverse around fictional resources instead of characters?
From there, the Treasure metaverse was born.
2/ This metaverse revolves around the dance between two resources: $MAGIC ✨ and treasures.
Treasures are magical items that can produce new resources (like mini-factories), but only when enough MAGIC tokens have been staked.
MAGIC "powers on" treasures.
3/ Conversely, treasures produce the instruments needed to extract more MAGIC. The metaverse is designed to make MAGIC mining more difficult over time.
It is a metaverse in equilibrium: MAGIC makes treasures productive. Treasures produce the tools needed to acquire more MAGIC.
4/ This dual resource model is the foundation for the Treasure metaverse.
The key players in this world are Legions, the soldiers mining MAGIC and using treasures to upgrade their class.
We are working w/ the former Head of Graphics at Netflix on a stand-alone Legions game.
5/ We have also designed the economy to function as its own game.
Soon, the Treasure website will be an interactive game where users can actually explore the metaverse and accumulate treasures, MAGIC, and legions through adventures.
6/ Treasure's larger vision is this:
Like blockchains, metaverses will have bridges between them.
In the metaverse, these bridges will be resources.
$MAGIC ✨ will power not only Treasure, but soon @LifeNFT_ @SmolBrainsNFT @SmolBodies and many more NFT projects
7/ The $MAGIC supply was built with a large ecosystem fund to actively absorb metaverses. We will give other projects skin in the game.
Linking up with Treasure means instant community, a larger narrative, and a treasury backed by a $20 million+ market cap token (MAGIC)
8/ Within a few days, we are launching the first NFT marketplace on Arbitrum compatible with all NFT token standards.
The marketplace will take a 5% commission on sales. Projects that utilize MAGIC-treasures will share this commission to bootstrap their treasuries even more.
9/ We believe $MAGIC can become $ETH of the metaverse
$ETH powers a huge number of sub-economies, providing the same utility to each.
$MAGIC will function the same way, becoming the base layer for a large set of disparate universes, powering and connecting them.
10/ Most importantly, Treasure was fair launch. All of the NFTs were given away for free. $MAGIC was distributed through farming.
We have high conviction that fair launch metaverses are the only ones that will succeed.
The metaverse is something that users build, not pay for.

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