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See the live Magic price UK. Buy Magic in the UK or add it to your Crypto Strategy.

Magic

MAGIC

MAGIC to GBP Price

£0.6488

Magic Market Cap

£166.18M

Buy
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MAGIC GBP price chart / performance

MAGIC GBP price chart / performance

|
From
May 22, 2024
To
May 29, 2024

Returns

Returns

Return (24h)
+0.28%
Return (7D)
+5.02%
Return (1M)
+0.70%
Return (1Y)
N/A

My Investment

My Investment

Profit Taken
£0.00
0.00%
You Have:
Unrealised P/L
£0.00
0.00%

Magic (MAGIC) History and Overview

Magic (MAGIC) History and Overview

Magic ($MAGIC) is a utility token that serves as an essential resource within the Treasure ecosystem—a decentralized gaming and NFT platform built on Arbitrum, focused on metaverse projects. It is used for gameplay, governance, transactions on the Treasure marketplace, staking, and as a reserve currency for interconnected metaverses. The platform is designed to allow communities to bootstrap new decentralized metaverses, supported by its DAO (Decentralized Autonomous Organization). Magic tokens are earned through participation in games and activities within Bridgeworld, a central location in the Treasure metaverse.

The Treasure ecosystem envisions tokens and NFTs as productive, yield-bearing assets with a scarcity model that increases as the complexity of the economy grows. The tokenomics of MAGIC includes a declining emission rate similar to Bitcoin's halving but occurring annually, aiming for a total supply of 347,714,007 MAGIC tokens.

John Patten and Gaarp co-founded the MAGIC ecosystem, where MAGIC is not only a medium for marketplace trades but also for staking and liquidity pools, contributing to its reduced circulation. The ecosystem's mining mechanism and asset economy prioritize long-term community growth over instant liquidity, with a focus on rarity and value derived from labor-intensive processes. This model encourages users to become loyal participants, fostering a robust community and establishing use cases for the token. Magic’s design incentivizes users to lock their tokens for longer periods, which aids in bootstrapping liquidity and demonstrates their commitment to the protocol's future.

How To Buy Magic or Add it to your Strategy

The fastest, most convenient way to purchase Magic is to purchase it on ICONOMI. We check Magic live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Magic by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Magic is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Magic, we recommend you read the next section, as copying might be a better approach.

Add Magic to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Magic in their structure.

Posts

Here you can read and comment on all posts made by Strategists about Magic MAGIC. See all Magic price predictions in real time and make the best use of their crypto knowledge.

Avatar
@MomenJaradat
14 Apr, 2024

4/4


Media and Entertainment sector


$GALA

$AXS

$SAND

$CHZ

$MANA

$ENJ

$BAT

$AUDIO

$WAXP

$MAGIC

Post image
2 people like this
Avatar
@ICONOMI
14 Nov, 2023

New listing!

We've added $MAGIC on ICONOMI!

It's available to be added to Crypto Strategies.


Magic is a utility token that serves as an essential resource within the Treasure ecosystem—a decentralized gaming and NFT platform built on Arbitrum, focused on metaverse projects. It is used for gameplay, governance, transactions on the Treasure marketplace, staking, and as a reserve currency for interconnected metaverses. The platform is designed to allow communities to bootstrap new decentralized metaverses, supported by its DAO (Decentralized Autonomous Organization). Magic tokens are earned through participation in games and activities within Bridgeworld, a central location in the Treasure metaverse.

Post image
6 people like this

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Magic Price FAQ

What Is the Highest Price of Magic in GBP?

Magic price UK history shows the highest value of 1.15 GBP . We recorded this price on February 20, 2024, but we cannot exclude that a higher price was registered before November 14, 2023.

What Is the Lowest Price of Magic in GBP?
How to buy Magic in the UK?
What Is the Current Magic Price UK in GBP?
Is Magic a good investment?