In solution to the long-run scalability issue oF Ethereum smart contracts, a layer-2 solution known as ARBITRUM was designed to enhance Ethereum smart contracts in terms of speed and scalability.
The solution: Arbitrum is a unique type of technology known as an optimistic rollup that was formed.
Bringing this mission of scalability to the NFT ecosystem, TREASURE DAO was formed, Which brings our today’s talk.
Treasure DAO a unique community governed by staked MAGIC holders manages the decision of the project. This community build and bootstraps new metaverse projects seeded on written stories and resources.
This DAO has already begun building decentralized competitors in the NFT ecosystem, making moves on becoming the giant of the NFT ecosystem by building the top NFT ecosystem on Arbitrum.
DECENTRALIZED MARKETPLACE ON ARBITRUM
Treasure is a decentralized NFT ecosystem built for metaverse projects and fairly driven by the community. As a matter of fact, almost all team members came from the community.
In order to complete the TreasureDAO mission, Treasure marketplace was launched utilizing $MAGIC in their respective metaverses.
The Treasure DAO encourages the community in building together with the team, inventing their own stories with the resources of it. They also get rewarded via $MAGIC tokens, which is the fuel of the TREASURE ecosystem.
$MAGIC which is the sole currency of the Treasure NFT ecosystem, including the marketplace transactions. The DAO develops and grows new projects via $MAGIC emissions.
Thread, to be continued ..……….. as TreasureDAO roll up-dates
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