Rattibha

@MagicSwap_ V2, A new Niche #NFT marketplace truly designed for NFT games?
In the thread
1) TLDR What is @treasure_dao & @magicswap_ V2
2) Why is magicswap special?
3) $magic’s role in magicswap
4) Summary 2lambroz.substack.com

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2lambroz.substack.com

2lambroz.substack.com

TLDR
Treasure dao is a decentralized gaming ecosystem, $magic is the native token of treasure.
MagicSwap is the NFT marketplace design for gamefi with game developers & gamefi players in mind.

Why is magicswap special?
NFT marketplace is very competitive, being inche gives u an edge and the team have shown it thought from Game designer & gamers point of view.
Gamefi specific NFT marketplace = good inche with big TAM?

Here’s some of the features and you will understand, why i think the team has the ability to build a niche NFT marketplace
✨Universal token compatibility (ERC-20/721/1155s)
✨Game-Native UX
(magicswap can be built into games via NPC shops with UX immersed in the game world )

✨Automated Royalties
(DAO has the ability to set minimum default guaranteeing income for projects)
✨Automated Economic Balancing
(TLDR, allow dynamic pricing based on additional factors. Allowing game designers to have more room to price the NFTs for a better experience)

✨Oracle ( for game )
Includes a decentralise TWAP oracle based on uni-V3, Values in AMM pools do not need to represent “price.” Developers can use relative values of items within pools as a way to balance any kind of game mechanism, like drop rates, character strength etc

✨Optional NFT LP reward
NFT - NFT Pools, (allowing more room for game designers to work with game economy)

✨Location based marketplace
OMG yes, like in traditional game, game developers can now design location base marketplace for better game story & economy
✨Character-Bound, Not Soulbound NFTs

$Magic’s role in MagicSwap
$Magic will be the governance and fee token for using MagicSwap.
- 0.5% fee for trades
- 2.5% royalties on NFTs
- 0-20% for project creator

Summary
Although MagicSwap V2 is in it’s very early stage, the gitbook is not even out yet, I really look forward to their product when it launches. The small details and design with game developers in mind makes me bullish on their final execution on the marketplace.

NFT marketplace is a highly competitive space. Being able to find it’s niche and product market fit is very important. From the latest substack, I can tell the team @jpatten__ truly understands what a game developer needs to make a good game.

I think magicswap as gamefi specific marketplace is a good move for $magic. However magicswap success will heavily depend on the projects on treasure dao. Either way I will be keeping my eyes on the treasure dao ecosystem and magicswap for any new opportunities.

Thanks for reading!