Maiar Wizards - Magic Token
$MAGIC is the official ESDT token for the Maiar Wizards NFT Ecosystem.
Created by Maiar Wizards, $MAGIC is an Elrond Standard Digital Token (ESDT) built on the Elrond blockchain network.
The Utility of $MAGIC
To partially fund our charitable Magic Pool.
By holding Maiar Wizards 2.0 NFT's, by buying Foci Arcana SFT's (500 per SFT) or by holding 5, 10, 15 or 20 Foci Arcana for tiered weekly magic distributions.
In our giveaways on Discord and Twitter.
To buy Maiar Wizards NFTs, participate in auctions for partner project NFT's, or to buy future assets from the Maiar Wizards Team.
The value of the $MAGIC token is pegged to the mint price of Maiar Wizards NFTs, each of which has a redeemable value equal to its share of the Maiar Wizards Community Treasury. This relationship gives the $Magic Token real value which grows as the value of each Maiar Wizards NFT grows.