MAGIK
A breakdown of MAGIK token utilities, supply and incentive structures.
Network: Fantom
A guide to MAGIK’s on-chain wizardry and wonder…
What is MAGIK?
MAGIK is a gaming token, empowering the wizards of World of Magik and beyond. It is the base on-chain currency for equipment, spells and lives for hardcore (non free-to-play) and tournament game modes.
Its contracts are renounced, but its utility continues to evolve in parallel with World of Magik and the other communities and entities that adopt and accept it. Its supply has been fully emitted and sits at 939,131 as of this writing.
Lastly, MAGIK is a dog.
How do I get MAGIK?
MAGIK can be won by competing in tournaments (both free and pay to play), and by completing in-game objectives and achievements. It can also be swapped for on a number of decentralized exchanges.
MAGIK’s Fantom and non-Fantom liquidity pools are decentrally and permissionlessly provided by its community (you can check the contracts listed below to see current pairings on dexscreener). Users typically prefer aggregators like _insert firebird link_ for swapping.
Always double check the price impact to make sure there’s sufficient liquidity on that chain/exchange for the size you’re swapping.
How do I use MAGIK?
MAGIK can be used to acquire lives for hardcore game modes at a 1 to 1 ratio. In hardcore PvP mode, players lose one life each time they die and win ~1 MAGIK for each killing blow they land on another player. There is a small fee on killing blows to pay for “gassless” reward settlement.
Hardcore PvE, Faction and game economy are in open development with weekly public discord forums.
MAGIK can be used to mint NFT equipment and consumables.
Token Contracts:
Fantom: 0x87a5C9B60A3aaf1064006FE64285018e50e0d020
Avalanche C-Chain: 0xF7554D17d1c3F09899dCc8B404beCAE6dFA584Fa
BSC: 0xD68F75b3aa54bee23e6Ac3AD4b3C28D3E6319725
Optimism: 0xe069Af87450fB51Fc0d0E044617f1C134163e591
Polygon: 0xF1b54D6b2937D592d263A01EF07A3E7785E678Db
Arbitrum: 0x9879aBDea01a879644185341F7aF7d8343556B7a
Last updated