The vision of MAGIC (TreasureDAO) is to become the Nintendo of web3
MAGIC network (TreasureDAO) itself is not a web3 game project, its focus is not to develop web3 games, but to provide basic web3 game services for web3 game developers, and then connect these games together to achieve a mutually beneficial web3 game network .
What if there is a game development team trying to make a difference in web3 games, but don't know how to quickly enter the world of web3 games? This is where TreasueDAO can provide services.
Attractiveness of MAGIC game ecology to developers:
1. Community culture
MAGIC Network (TreasureDAO) has been born for about one year and three months. When it was born in September last year, it was unknown at the beginning, and it was only a project derived from mining based on lootproject. But it is precisely because of this initiative that it has gained a large number of early community supporters. In the past year, MAGIC has also faced pressure from the entire market, going from peak to trough. But during this period, the community has been supporting and the team has been building. This atmosphere has made it through the most difficult period.
This atmosphere and insistence on future goals make it gain impetus and attraction from outside the market, and it is also a kind of cultural resilience of the community, which is the rarest and most difficult part of the web3 project.
Due to its continuous construction and community support, it has attracted the attention of more industry participants, and it is currently providing liquidity on most major cex.
2. TreasureDAO's web3 game basic service
A small number of web3 game developers have enough resources and start-up funds, so they may build their own web3 game services from 0 to 1.
However, most web3 game developers do not have such good conditions, so these game developers may pay attention to TreasureDAO's current basic game services.
Based on the MAGIC network to build its web3 game, it is relatively easy to start.
These include:
1) Early free market launch
TreasureDAO already has regular community users, and starting the game based on the MAGIC network will gain the attention of community users from the very beginning, which is equivalent to getting a certain free market launch.
As long as the game is interesting enough, there is no need to worry about no users knowing about it in the early stages. Of course, in turn, if the game is not fun, even if some users know about it, the follow-up may not be sustainable. This is another matter.
2) Early market liquidity
With the development and growth of web3 games, its governance mechanism may be launched in the future, and its governance token will be used to promote the sustainable development of the game. However, if the early governance tokens want to obtain liquidity, they need the support of the MAGIC network. At this time, MAGIC can provide liquidity services.
At present, MAGIC is supported by almost all mainstream CEXs, and it also has a certain degree of liquidity on DEX, which allows MAGIC to obtain liquidity. And this kind of liquidity can bring indirect liquidity to various games in its ecosystem. Therefore, it will further attract more game developers to enter the Magic ecosystem.
For many game developers, initial liquidity is one of the most important steps for a game to complete its cold start and succeed. Therefore, being supported by many cex is a major step on the road to web3 Nintendo.
MAGIC is the underlying asset of the magic network ecosystem (TreasureDAO), which provides power for different games within its ecosystem. Similar to ETH to Ethereum, such as providing liquidity, providing value promotion for cold starts between different games, bringing more sticky users to games, and so on. MAGIC is the glue for different games in its ecological network.
Currently Bridgeworld is essentially MAGIC's gamified distribution mechanism. It provides the base token for its entire game ecosystem. It regulates the distribution of MAGIC through mining, through the construction of harvesters, and through gamified games such as task mechanisms.
3) More possibilities within the game NFT market
The Trove market is the game NFT exchange market of the MAGIC ecosystem, on which different game NFTs (roles, props, equipment, etc.) can be exchanged, and it is more convenient to trade within the MAGIC game ecosystem. It is also conducive to subsequent innovations, such as the direct exchange of different game NFTs in the game ecosystem, which can increase liquidity.
4) Possibility of higher retention rate
With the development of MAGIC ecological games, there may be interoperable gameplay between these games. Not only can NFT resources communicate with each other between different games, but more importantly, they can innovate cross-game gameplay. Not currently possible, but over time, not impossible. This web3 gameplay may create a different experience than web2 games.
If the ecological games within MAGIC can achieve interoperability, it will help improve the retention rate of games within the overall ecosystem, thereby gaining an advantage over other external games.
What Web3 Means for Nintendo
web3 Nintendo lies in the fact that through the bottom layer of the blockchain, it can not only realize the user ownership of NFT, but also realize the mutual gain and interoperability between games.
At the same time, there is also a certain amount of competition here, which promotes game developers or community supporters within the ecosystem to continuously innovate and create more fun games. This is the difference from web2 games or traditional Nintendo.
Web3 Nintendo needs the efforts of all parties to form the final black hole effect. This black hole effect is not only the effort of the project party, but also needs the support of community users, early developers, and other industry participants. With the support of all parties, it will enter a stage of positive promotion, and the flywheel will start.
After the flywheel is launched, it is necessary to make its ecological games have better liquidity, a more attractive community culture, more loyal users, a more convenient market cold start, and interoperability between games.
Of course, we must also see that the MAGIC ecosystem still has a long way to go from web3 Nintendo, and now it is only a small step, and there will be more and greater challenges in the future. This requires continuous team building and unremitting support from the community. On the road to building a web3 Nintendo, there are no shortcuts.
(This article is authorized by the author, Blue Fox Notes. The author's opinion does not represent the position of the dynamic zone. The content and opinions of the article are not investment advice.)
