Treasure is a decentralized gaming ecosystem that functions as a "decentralized game console," connecting various metaverse projects through its native token MAGIC. Founded in 2021, Treasure has evolved into a comprehensive platform that brings together games, players, and developers in a community-owned gaming environment.

Overview

Treasure serves as a decentralized gaming platform that connects various metaverse projects and games through its native token MAGIC. The ecosystem is designed to create a feature-complete technology stack that replaces traditional gaming infrastructure with decentralized alternatives ^[1]. Rather than merely building individual games, Treasure and its partners are developing protocols that enable a community-owned gaming platform to emerge organically.

The Treasure ecosystem encompasses multiple components including a native Layer 2 blockchain (Treasure Chain), developer toolkits, a marketplace for in-game assets, and a decentralized exchange called Magicswap. All these elements are connected through MAGIC, which serves as the cross-metaverse currency linking different gaming communities ^[1].

As of 2025, Treasure hosts over 15 games including The Beacon, Smolbound, Zeeverse, Synergy Land, Knights of the Ether, and Wanderers, establishing itself as one of the leading gaming ecosystems in the Web3 space ^[2].

History

Treasure was founded in September 2021 with the initial purpose of creating a platform where community members could buy and sell in-game NFTs ^[3]. The project was co-founded by John Patten and Karel Vuong, who envisioned a decentralized gaming ecosystem that would connect various metaverse projects.

The platform began as a fair launch project, placing small gaming communities at the center of its ecosystem. These communities were designed to be interconnected "through lore, guilds, resources, and MAGIC," allowing them to trade NFTs and collaborate using the MAGIC token ^[3].

In early 2025, Treasure launched its own Layer 2 blockchain called Treasure Chain, built on the ZK Stack by ZKsync. However, in May 2025, TreasureDAO announced the shutdown of the Treasure Chain mainnet just five months after its launch, indicating a significant pivot in the project's direction ^[4]. This decision was reportedly made to extend the project's runway to February, suggesting financial considerations were a factor in the decision.

Technology

Treasure's technology stack consists of several key components that together form what the project calls a "decentralized game console":

Treasure Chain

Treasure Chain was an Layer 2 blockchain built on the ZK Stack by ZKsync, one of Ethereum's Layer 2 scaling solutions. The chain was designed specifically for gaming applications, offering faster transactions and lower fees compared to the Ethereum mainnet ^[5]. However, as noted, the mainnet was shut down in May 2025.

Treasure Development Kit (TDK)

The Treasure Development Kit provides developers with tools to integrate blockchain functionality into their games. The TDK supports multiple platforms including:

• Core functionality;
• React integration;
• Unity integration;
• Unreal Engine integration;
• Godot integration.

This toolkit enables developers to create blockchain-based games with features like NFT integration, token transactions, and other Web3 capabilities ^[6].

Magicswap

Magicswap is a permissionless automated market maker (AMM) that enables universal token compatibility and in-game exchanges (GEXs). This allows players to trade tokens and assets across different games within the Treasure ecosystem ^[7].

Treasure Desktop Launcher

The Treasure Desktop Launcher provides an easy-to-use and secure way for players to access games in the Treasure ecosystem. It includes features like:

• Treasure Management Console;
• Workflow Automation;
• Deep Linking capabilities.

This launcher serves as the entry point for players into the Treasure gaming ecosystem ^[8].

Platform Services

Treasure offers various platform services including:

• A marketplace for trading in-game assets;
• Analytics ingestion for game developers;
• Quest systems for player engagement.

These services provide the infrastructure needed for games to operate within the Treasure ecosystem ^[9].

MAGIC Token

MAGIC is the native utility token of the Treasure ecosystem, serving multiple functions across the platform:

Tokenomics

The initial distribution was allocated as follows:

• Community: 31.82%;
• Mining: 25%;
• Team: 15%;
• Ecosystem Fund: 8.16%;
• Liquidity: 9.67%;
• Investors: 10.35%.

Utility

The MAGIC token serves several key functions within the Treasure ecosystem:

1. Unit of Account: MAGIC is used as the primary currency for transactions on Treasure's native NFT marketplace and serves as the base pair within its automated market maker (AMM) ^[3].
2. Staking: Users can stake MAGIC tokens in various protocols including Magicswap, Sushi, and within games to earn rewards ^[3].
3. Governance: MAGIC holders can participate in governance decisions affecting the Treasure ecosystem, voting on core emissions policy and protocol upgrades ^[3].
4. Cross-Game Currency: MAGIC functions as a cross-metaverse currency that connects different gaming communities, allowing for interoperability between various games in the ecosystem ^[1].

MAGIC is available on various exchanges including Binance, Coinbase Exchange, OKX, Bybit, and decentralized exchanges like SushiSwap on Arbitrum ^[3].

Partnerships and Ecosystem

Treasure has established a Builders Program to support projects building on its platform. The ecosystem includes various games and applications that utilize the MAGIC token and Treasure's infrastructure ^[10].

Notable projects in the Treasure ecosystem include:

• The Beacon: A flagship game in the Treasure ecosystem;
• Smolworld: A game currently in production;
• Bridgeworld/Canopy: A game in production;
• AI Companions: A virtual companions project in early production. ^[11]

Treasure's approach to building a decentralized gaming ecosystem has attracted various developers and projects looking to leverage blockchain technology for gaming applications. ^{[12] [13]}