# #23 MagicSwap V2

By [2Lambroz.eth 🐑](https://paragraph.com/@2lambroz) · 2023-02-14

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Twitter : [2lambro](https://twitter.com/2lambro)

Substack : [2lambroz.substack.com](https://2lambroz.substack.com/)

lens : [2lambroz.lens](https://lenster.xyz/u/2lambroz.lens)

[https://2lambroz.substack.com/p/23-magicswap-v2](https://2lambroz.substack.com/p/23-magicswap-v2)

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[https://twitter.com/2lambro/status/1619158388159700992](https://twitter.com/2lambro/status/1619158388159700992)

1.  TLDR What is @treasure\_dao & @magicswap\_ V2
    
2.  Why is magicswap special?
    
3.  $magic’s role in magicswap
    
4.  Summary
    

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Treasure dao is a decentralized gaming ecosystem, $magic is the native token of treasure.

MagicSwap is the NFT marketplace design for gamefi with game developers & gamefi players in mind.

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NFT marketplace is very competitive, being inche gives u an edge and the team have shown it thought from Game designer & gamers point of view.

Gamefi specific NFT marketplace = good inche with big TAM?

Here’s some of the features and you will understand, why i think the team has the ability to build a niche NFT marketplace

✨Universal token compatibility (ERC-20/721/1155s)

✨Game-Native UX (magicswap can be built into games via NPC shops with UX immersed in the game world)

✨Automated Royalties

(DAO has the ability to set minimum default guaranteeing income for projects)

✨Automated Economic Balancing

(TLDR, allow dynamic pricing based on additional factors. Allowing game designers to have more room to price the NFTs for a better experience)

✨Oracle ( for game )

Includes a decentralise TWAP oracle based on uni-V3, Values in AMM pools do not need to represent “price.” Developers can use relative values of items within pools as a way to balance any kind of game mechanism, like drop rates, character strength etc

✨Optional NFT LP reward

NFT - NFT Pools, (allowing more room for game designers to work with game economy)

✨Location based marketplace

OMG yes, like in traditional game, game developers can now design location base marketplace for better game story & economy

✨Character-Bound, Not Soulbound NFTs

$Magic will be the governance and fee token for using MagicSwap.

*   0.5% fee for trades
    
*   2.5% royalties on NFTs
    
*   0-20% for project creator
    

NFT marketplace is a highly competitive space. Being able to find it’s niche and product market fit is very important. From the latest substack, I can tell the team

@jpatten\_\_ truly understands what a game developer needs to make a good game.

I think magicswap as gamefi specific marketplace is a good move for $magic. However magicswap success will heavily depend on the projects on treasure dao. Either way I will be keeping my eyes on the treasure dao ecosystem and magicswap for any new opportunities.

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Thanks for reading!

Treasure down full article here!

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*Originally published on [2Lambroz.eth 🐑](https://paragraph.com/@2lambroz/23-magicswap-v2)*