Play Bridgeworld on Arbitrum

Wizards should use the treasury to capitalize a 20ETH purchase of Treasure assets, namely Auxiliary Legions, Treasure and $MAGIC.

What is Treasure? What are Treasures? Wtf are Auxiliary Legions?

Treasure is a DAO

Treasure is (likely) the largest entity on Arbitrum outside the core team. They issue and hold the largest amount of the most popular token on Arbitrum: $MAGIC. Arbitrum has no native token. Most Arbitrum users use $MAGIC or (A)ETH.

Treasure is an Ecosystem

Treasure is building the "decentralized Nintendo" and has been designed to be a self sustaining ecosystem. Treasure owns and operates a full distribution pipeline for NFT projects: memorable and licensable IP from wildly successful PFP/game projects (smols & swols), their own marketplace (which just so happens to be the largest on Arbitrum), another marketplace (which will be the largest on Arbitrum), their own venture arm, and Bridgeworld.

Bridgeworld is their P2E Game

Bridgeworld is an on-chain P2E game. It's got quests. It's got crafting. It's got loot. It's got a token. It's not like other on-chain games you're used to: It's got complexity. It's got competitive advantage seeking. It's got cheap transactions. It's got throughput. But those things are not what make it special.

Bridgeworld is their Blockchain Gaming Platform

Bridgeworld is designed as a protocol and set of primitives that combine economics and common gameplay tropes. Any on-chain game developer can take these and build on them. It's hugely beneficial to the developer because they do not have to design an economy, they can focus on the game. Sometimes, Treasure will even fund projects. It's hugely beneficial to Treasure because it creates external economic attractors on their native assets, causing additional scarcity. More volume on their marketplaces means more royalties in the treasury means more projects funded means more volume on their marketplaces ...

Ok, what do you wanna do?

1. Bridge 20.5 ETH to Arbitrum using Hop (ideally, this gets us the rumored HOP airdrop as well)
2. Swap 20 ETH -> ~12100 MAGIC using Uniswap
3. Purchase on Treasure Marketplace:
   • 10x Auxiliary Legion [unsummoned, as high crafting/questing as possible] (7500 MAGIC)
   • 4x T5 Treasure (80 MAGIC)
   • 2x T4 Treasure (80 MAGIC)
   • 2x T3 Treasure [Unbreakable Pocket Watch] (300 MAGIC)
   • 2x T2 Treasure [Military Stipend] (300 MAGIC)
   • 1x T1 Treasure [Castle] (750 MAGIC)
4. Use remaining ~3100 MAGIC to start playing Bridgeworld.
   • Assign 5x Auxiliary Legions as Summonoors (locks legions for ~1w)
   • Assign 4x Auxiliary Legions as Questoors (locks legions for ~1d)
   • Assign 1x Auxiliary Legions as Craftoors (locks legions for ~1d)
   • Continue to Quest/Craft until Summoning is complete
   • Ressign Questoors and Craftoors as Summonoors
   • Assign 4x New Legions as Questoors (locks legions for ~1d)
   • Assign 1x New Legions as Craftoors (locks legions for ~1d)
   • Sell 5x Old Legions [premium hit because they can no longer summon] (7000 MAGIC)
   • Sell extra Treasures (~500-1000 MAGIC)
   • Continue to Quest/Craft until Summoning Fatigue is gone

From here, we have two options:

• Continue this strategy (or move to a more casual one that generates less yield but requires less involvement)
• Go deeper on Bridgeworld and actively min/max our gameplay (potential for much higher yield)

TLDR;

Wizards should use deploy 20 ETH onto Arbitrum to buy Treasure assets and casually play the Bridgeworld game. Selling off new tokens produced by our assets could net around 1 ETH worth of MAGIC per week, with modest assumptions about RNG. This MAGIC can be swapped to ETH and or kept as MAGIC as a way for Wizards DAO to be long MAGIC. MAGIC is like DeFi Kingdom's JEWEL, but with a market cap that has step-function increases as more on-chain games require MAGIC.

Resources

• https://startwithmagic.com
• https://docs.treasure.lol/about-treasure/readme