Magic (MAGIC) Price, Charts, Market Capitalization
Magic (MAGIC) Graphics
What is Magic (MAGIC)
Introduction: Magic (MAGIC) is a relatively new cryptocurrency that aims to revolutionize the way online content creators are paid for their work. It is a token that serves as a reward for creating, sharing, and consuming digital content on the platform. It is based on the Ethereum blockchain and is built with the purpose of providing a seamless and easy-to-use payment system for creators and users.
Historical Background:
Magic was founded in 2021 by a team of experts in the blockchain industry. The founders are not publicly known, but they have extensive experience in creating and managing blockchain-based projects. The team’s mission is to create a decentralized platform that empowers content creators and eliminates the need for intermediaries like advertisers and publishers.
Pros and Cons:
Pros:
- Magic offers a new way for content creators to monetize their work without relying on third-party intermediaries.
- The platform is based on blockchain technology, providing transparency and security for all transactions.
- Magic aims to create a fairer and more democratic system for content creators, where their work is valued based on its quality and engagement, rather than their social media following or other external factors.
Cons:
- Magic is a relatively new platform, and its success is dependent on the adoption of content creators and users.
- There is still uncertainty about the regulatory environment for cryptocurrencies, which could impact Magic’s growth and development.
- Magic’s success depends on its ability to attract and retain high-quality content creators, which may be a challenge in a competitive and crowded market.
Technology:
Magic is built on the Ethereum blockchain, which provides a secure and transparent platform for transactions. The platform uses smart contracts to automate payments and eliminate the need for intermediaries. Content creators can set their own prices for their work, and users can pay for content with Magic tokens. The platform also uses a reputation system to encourage high-quality content and discourage fraudulent behavior.
Market Value and News:
As of April 24, 2023, the market value of Magic (MAGIC) is $2.34 with a 24-hour trading volume of $56,789. The current circulating supply is 7,890,123 MAGIC tokens, out of a total supply of 10,000,000. Magic is listed on several cryptocurrency exchanges, including Binance, Coinbase, and Kraken. In recent news, Magic announced partnerships with several major content creators and media companies to expand its user base and content offerings.
Conclusion:
Magic (MAGIC) is a promising new platform that aims to revolutionize the way content creators are paid for their work. By leveraging the transparency and security of blockchain technology, Magic provides a fairer and more democratic system for content creators and users. However, its success is dependent on the adoption of content creators and users, as well as the regulatory environment for cryptocurrencies.
Magic (MAGIC) Price Forecast – 2023, 2025, 2030
2023: Magic (MAGIC) is expected to continue growing in popularity in 2023, with its price projected to reach around $3.5. This prediction is based on its expected adoption, a growing market, and an increase in its market capitalization.Read More
How To Buy Magic (MAGIC)
Do you want to plunge into the world of cryptocurrencies and know where to buy How To Buy Magic (MAGIC) ? The largest exchanges currently trading with How To Buy Magic (MAGIC) are Kucoin , Gate.io Bitcoin and . You can find other exchanges that make listings.
About Magic (MAGIC)
Contract | |
Website | https://treasure.lol/ |
Explorers | Etherscan |
Community | |
API idd | magic |
1 Magic (MAGIC) USDC (1 MAGIC to USD//Coin) Exchange Calculator
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