Thread by @pogpunk

Why I sold my MAYC and other blue chips to go all in on $MAGIC & the @Treasure_NFT ecosystem

a🧵 on what I just dumped 6 figures into

TreasureDAO's mission is to bridge metaverses and projects together under a united goal of utilizing:

a singular token - $MAGIC
resources - Treasure NFTs
characters - Legions I am very bullish on the team,idea,and community they have formed and will list out some reasons below.

Treasure DAO's leadership - I trust the TreasureDAO council immensely as they have demonstrated that they can execute and come up with a complex/unique roadmap.

The team also believes in free mints and tries to push fair distribution as much as they can.

Treasure Marketplace - Each project that gets added to the Treasure Marketplace has to integrate $MAGIC in some way.

Every project listed on here is also sold/bought for $MAGIC.

Projects = distribution.

Also the more projects - the less $MAGIC supply to go around.

Projects on the Platform - Smol Brain, Smol Bodies, Legions.

All have had extreme success on a L2 which is very rare. They all follow a similar formula: free mint, $MAGIC integration (eventually), gamified NFTs.

Future Generic Marketplace - The team is working on a generic NFT marketplace that will allow anyone to sell NFTs on arbitrium.

The DAO has ownership over this and can vote on how to use the royalties earned from the marketplace. ie: Payback holders, compensate team, etc.

Their current marketplace which only lists projects under the TreasureDAO had $8mm in volume yesterday.

Putting them at the #2 marketplace in volume, right behind OpenSea.

Think about the possibilities of a generic (any project can list)L2 Marketplace.

https://twitter.com/Mike_Crypto/status/1478482421154992128

$MAGIC has seen a major run these past couple weeks, even passing $4 at one point.

The current marketcap is under $150M, however with the utility the token will have in Bridgeworld - I see it rivaling $JEWEL at one point (marketcap of $1B+)

Smol brains has also attracted large accounts and thought leaders in the space.

@KeyboardMonkey3
@Debussy100
@xincdoteth
@realpennybags
@hunterorrell
@SizeChad

and many other great folks <3 Check them out for the alfas

The team has everything needs to succeed. Large community, tons of interest (as seen in volume), low gas on the L2, and capital to make their vision a reality.

Don't get me wrong, I think $APE will make MAYC/BAYC moon. The team at Yuga Labs has forever changed NFT history.

However, I think the bigger play is betting on L2s & P2E games. We've seen a big interest in that sector with $AXS, $JEWEL, and I think $MAGIC is up next.

Overall - I think right now is the best time to stack $MAGIC, so i'm doing everything I can to stake, farm, and buy as much as possible.

smol brains = CryptoPunk / BAYC of L2s
generic marketplace = opensea
$MAGIC = $ETH