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About Treasure
Analysis of 10 Dec 2025Treasure (MAGIC) is a gaming and metaverse ecosystem built on Arbitrum, serving unified currency across multiple blockchain games, NFT marketplaces, and AI-powered experiences. Launched in September 2021, MAGIC connects diverse gaming communities within the Treasure Metaverse through titles like Bridgeworld, Smolworld, and an expanding AI Agent Marketplace.
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Following significant restructuring in 2025, Treasure pivoted from its zkSync-based Layer 2 network (shut down May 2025) to focus on AI-driven entertainment, slashing quarterly expenses from $11.3M to $1.2M to extend runway through February 2026. The token currently trades around $0.12 with a market cap of $38M, down 45% year-over-year.
