MAGIC Game Ecosystem: The Ambition to Create a Web3 Version of Nintendo

The vision of the MAGIC network is to become the Nintendo of the Web3 space. It does not directly develop games, but rather provides foundational services for Web3 game developers, linking various game projects together to create a mutually beneficial ecosystem.

For development teams looking to enter the Web3 gaming space but unsure where to start, the MAGIC network can provide comprehensive support. The platform's appeal to developers is primarily reflected in the following aspects:

1. Strong Community Culture

Since its inception, the MAGIC network has experienced market fluctuations, but it has consistently received strong support from the community. This community resilience and commitment to future goals have helped MAGIC through its toughest times, attracting the attention of more industry participants. Currently, MAGIC has achieved liquidity support on multiple major trading platforms.

2. Comprehensive Web3 Game Basic Services

For most Web3 game developers without substantial funding, the basic services provided by the MAGIC network are very appealing:

a) Free Market Launch

Games developed on the MAGIC network can immediately gain the attention of community users, equivalent to obtaining a free market launch opportunity.

b) early market liquidity

The MAGIC network can provide liquidity support for game projects within the ecosystem, which is crucial for the cold start and long-term development of the games.

c) In-game NFT market

The Trove market, as the game NFT trading platform of the MAGIC ecosystem, provides a convenient trading channel for NFTs from different games (such as characters, items, equipment, etc.), and also lays the foundation for future innovative gameplay.

d) Improve user retention rate

With the development of the MAGIC ecosystem games, cross-game interoperability gameplay may emerge in the future, creating a unique experience different from traditional Web2 games, which will help improve the user retention rate of the entire ecosystem.

The Vision of Web3 Nintendo

The goal of the MAGIC network is to achieve not only user ownership of NFTs through blockchain technology but also mutual benefits and interoperability between games. This model encourages healthy competition within the ecosystem, driving developers to innovate continuously, while also creating a synergistic effect, ultimately achieving the "black hole effect".

To realize this vision, continuous efforts from the project team, strong support from community users, active participation from early developers, and assistance from other industry participants are needed. Only by working together can a positive feedback loop be initiated.

However, the MAGIC ecosystem still has a long way to go before it can become a true Web3 Nintendo. In the future, it will face more and greater challenges, requiring the team to continue building and the community to provide unwavering support. There are no shortcuts on this road to becoming a Web3 Nintendo; we can only move forward steadily.