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Decentralization provides great opportunities for blockchain networks and the platforms that they support. While decentralization is no longer new in the crypto world, its evolution continues to change the landscape. Even platforms that were established some time ago are being reinvigorated through exciting evolutionary changes. Treasure is one such platform that has recently been rebranded to take its functionality and appeal to a higher level while connecting metaverse projects.
Treasure is a game console that serves the important role of linking communities and games together. This decentralized platform accomplishes this through Treasure NFTs and its native token, MAGIC.
Treasure strives to help developers and builders bring their metaverse projects to life. At the same time, the platform was created to bring new users to the web3 space and to promote real-life applicability. This ecosystem runs on Arbitrum, which is a Layer 2 Ethereum scaling solution. MAGIC is used on the decentralized marketplace, Trove, to buy and sell NFTs. The token also connects the current and upcoming metaverses. Several projects are currently running on this platform, and a few new projects are actively being developed. Projects that are currently implemented include LIFE, Smolverse and others.
While Treasure has only been live for slightly more than a year, its builders and developers have identified powerful growth opportunities that warranted its recent rebranding. It continues to be the supporting infrastructure for numerous metaverse projects. Through its rebranding, however, Treasure has strengthened its brand identity while also continuing to support the creative efforts of builders and collaborators as they work on their projects.