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Dao’s are human capital first and product second . It doesn’t matter whether a Dao has the best product in the market , if it doesn’t have a proper governance system it will most likely fail as a Dao.
The idea behind Governance mining is that we should get people excited as well as rewarding to participate in governance decision and attract new bright minds to govern the Dao. Human Capital is your biggest resource and protect them at all cost
Dao’s should pay handsomely to anyone who provides value to the project . It should not be considered as a labour cost where you pay x amount of money for y amount of their time rather consider the value they add to protocol . Dao’s should also consider retroactive governance payment rather than a single one time payment . Token hodlers are not expert capital allacatooors but still token holders must try to pay the proposers handsomely so they have the motivation to participate in the governance of the protocol in the future
Let me pump my bags ( just kidding )
It is a decentralised metaverse ecosystem built on Abitrum. Every project listed on the marketplace is built around their native token $Magic and it is integrated into the ecosystem of the listed projects . Consider it as the Nintendo of crypto
Currently they have listed SmolBrains (this was a free mint for real), SmolBodies (this too), Seed of Life etc on its marketplace (Fun fact: GaryVee aped into rare SmolBrains nft’s recently)
Treasure is building their own metaverse game called The Bridgeworld centred around $Magic and other Nft’s (Legions , TreasureNFT etc..) but it needs a 40 page + write up.(Hire me so I can TreasurePill SpartanGroup lol)
I think we all can agree the important factor which decides the success of any NFT project is its community and I can bet Treasure has built one of the best community in the entire NFT ecosystem. From the inception of Treasure it has been a community centred ecosystem by partnering with projects such as SmolBrains , SeedsOfLife and providing value to the $MAGIC hodlers
Fun Fact: There are many SubDao’s , tools , projects built by the community without any incentive to do so
The Developers of treasure has been super active in helping out partner projects and building the tools and the infrastructure necessary to build a complete metaverse ecoystem . They have an amazing roadmap https://docs.treasure.lol/about-treasure/roadmap which is actually being followed and worked on unlike 99.9% of the nft projects out there.
Let’s look at some stats:
Current supply of $Magic is 28.5 million (but by the time you read this it will drastically change because of staking token unlock on January 24th) and at the price of 2$ it is drastically undervalued considering the volume TreasureDao generates and the Token Sinks that will be implemented in its upcoming BridgeWorld Game.
Treasure Marketplace has done almost 49.5 million magic in volume which results into 113 million (approx) dollars and interestingly 34.5 million magic (approx 100 million dollars) was done in the last 30 days .
source:- https://treasure-marketplace-analytics.herokuapp.com/analytics (this was community built tool)
Nft’s such as Legion Genesis has already flipped Blue Chip Nft’s such as CryptoPunk
Treasure is already building its OpenSea style competitor called Trove and it is safe to assume $MAGIC will play an important role in this marketplace.
This is why I am bullish on Treasure and its ecosystem.
This is a bit of extra information please skip if you don’t have time :)
I joined crypto at the start of 2018 but only held Bitcoin in binance but became active only at the start of 2020 just before the covid. I am currently pursuing my college Degree and why crypto interest me is because of the accessibility and the opportunity that exist in this space regardless of who your are or where you are from. I will tell more about myself when I am hired (yes I am being optimistic lol)

I am a life long Learnoor and I hope I can learn from the best.
I have been a big fan of BlockCrunch Podcast and the amount of knowledge and alpha shared there is insane. I want to be a part of this Super Smart People
It will help me gain deep understanding on how to invest and do research like a vc. I have been reading Jason Choi’s substack/threads and it has helped me in understanding the crypto market a lot more and it has changed how I research projects and invest
This will be literally a life changing opportunity for me . Even if I get in or not I want to thank the BlockCrunch team for playing an important part in my crypto journey
I am super active on twitter and identifying trends and understanding a protocol is the biggest strength of mine
I have written few threads for @ScribeDao and also currently working with a small blockchain startup in my country (nothing big but its honest work lol)
My Twitter: @Poyimone
Discord:- infamousdegen#8372
Hope I get in :)
Dao’s are human capital first and product second . It doesn’t matter whether a Dao has the best product in the market , if it doesn’t have a proper governance system it will most likely fail as a Dao.
The idea behind Governance mining is that we should get people excited as well as rewarding to participate in governance decision and attract new bright minds to govern the Dao. Human Capital is your biggest resource and protect them at all cost
Dao’s should pay handsomely to anyone who provides value to the project . It should not be considered as a labour cost where you pay x amount of money for y amount of their time rather consider the value they add to protocol . Dao’s should also consider retroactive governance payment rather than a single one time payment . Token hodlers are not expert capital allacatooors but still token holders must try to pay the proposers handsomely so they have the motivation to participate in the governance of the protocol in the future
Let me pump my bags ( just kidding )
It is a decentralised metaverse ecosystem built on Abitrum. Every project listed on the marketplace is built around their native token $Magic and it is integrated into the ecosystem of the listed projects . Consider it as the Nintendo of crypto
Currently they have listed SmolBrains (this was a free mint for real), SmolBodies (this too), Seed of Life etc on its marketplace (Fun fact: GaryVee aped into rare SmolBrains nft’s recently)
Treasure is building their own metaverse game called The Bridgeworld centred around $Magic and other Nft’s (Legions , TreasureNFT etc..) but it needs a 40 page + write up.(Hire me so I can TreasurePill SpartanGroup lol)
I think we all can agree the important factor which decides the success of any NFT project is its community and I can bet Treasure has built one of the best community in the entire NFT ecosystem. From the inception of Treasure it has been a community centred ecosystem by partnering with projects such as SmolBrains , SeedsOfLife and providing value to the $MAGIC hodlers
Fun Fact: There are many SubDao’s , tools , projects built by the community without any incentive to do so
The Developers of treasure has been super active in helping out partner projects and building the tools and the infrastructure necessary to build a complete metaverse ecoystem . They have an amazing roadmap https://docs.treasure.lol/about-treasure/roadmap which is actually being followed and worked on unlike 99.9% of the nft projects out there.
Let’s look at some stats:
Current supply of $Magic is 28.5 million (but by the time you read this it will drastically change because of staking token unlock on January 24th) and at the price of 2$ it is drastically undervalued considering the volume TreasureDao generates and the Token Sinks that will be implemented in its upcoming BridgeWorld Game.
Treasure Marketplace has done almost 49.5 million magic in volume which results into 113 million (approx) dollars and interestingly 34.5 million magic (approx 100 million dollars) was done in the last 30 days .
source:- https://treasure-marketplace-analytics.herokuapp.com/analytics (this was community built tool)
Nft’s such as Legion Genesis has already flipped Blue Chip Nft’s such as CryptoPunk
Treasure is already building its OpenSea style competitor called Trove and it is safe to assume $MAGIC will play an important role in this marketplace.
This is why I am bullish on Treasure and its ecosystem.
This is a bit of extra information please skip if you don’t have time :)
I joined crypto at the start of 2018 but only held Bitcoin in binance but became active only at the start of 2020 just before the covid. I am currently pursuing my college Degree and why crypto interest me is because of the accessibility and the opportunity that exist in this space regardless of who your are or where you are from. I will tell more about myself when I am hired (yes I am being optimistic lol)

I am a life long Learnoor and I hope I can learn from the best.
I have been a big fan of BlockCrunch Podcast and the amount of knowledge and alpha shared there is insane. I want to be a part of this Super Smart People
It will help me gain deep understanding on how to invest and do research like a vc. I have been reading Jason Choi’s substack/threads and it has helped me in understanding the crypto market a lot more and it has changed how I research projects and invest
This will be literally a life changing opportunity for me . Even if I get in or not I want to thank the BlockCrunch team for playing an important part in my crypto journey
I am super active on twitter and identifying trends and understanding a protocol is the biggest strength of mine
I have written few threads for @ScribeDao and also currently working with a small blockchain startup in my country (nothing big but its honest work lol)
My Twitter: @Poyimone
Discord:- infamousdegen#8372
Hope I get in :)
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