Treasure
Crypto Overview
Project Overview
Treasure is a decentralized gaming ecosystem and NFT marketplace built on Arbitrum and Polygon blockchains. The MAGIC token serves as the primary currency for the Treasure ecosystem, used for governance, marketplace transactions, and in-game activities.
Intended Utility
The MAGIC token is designed to facilitate transactions within the Treasure ecosystem, including: NFT trading on the Treasure marketplace, governance participation for protocol decisions, and in-game currency for various blockchain games built on the platform. The token also serves as a means of value transfer between different games in the ecosystem.
Actual Utility and Adoption
The project demonstrates active usage with significant trading volume on its NFT marketplace. The ecosystem includes multiple active games like Bridgeworld and Smolverse, showing genuine utility. Developer activity remains consistent with regular updates and new game integrations.
Token Distribution and Governance
The token distribution appears relatively fair with no excessive concentration among founders. There are proper vesting schedules for team allocations, and the project demonstrates transparency in its governance processes. The majority of tokens are distributed among the community and ecosystem participants.
Revenue Model and Operations
The platform generates revenue through marketplace fees and game-related transactions. These operations involve actual asset exchange and value creation through gaming utilities and NFT trading, avoiding interest-based mechanisms.
Crypto Impact
To assign a comfort level investing in Treasure from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Treasure.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.