I am super excited to announce I have been accepted as a Treasure Ambassador!!! โจ
I will be helping and representing Treasure in Australia and I'm super excited to bring $MAGIC and its games everywhere. ๐ช
DM me either here or in Treasure's Discord if you want to know more!
Hereโs my elevator pitch to an institutional investor on Treasure:
We are one of the most structurally resilient, principled teams in NFTs. In 2021, after Iโd been building in irrelevance for almost two years, Treasure generated almost $50 million in revenue very fast.
The issue was that we had no way to divest it pre CEX, and farmers crunched the revenue value down 98% within months. We divested at a fraction of its value.
So, the public record says: โTreasure was unprofitable.โ
Not so. We were extremely profitable. In fact, weโd just now be revisiting the conversation of whether Treasure is profitable in 2026 moving forward without having spent any treasury tokens or the ARB airdrop.
At that time, I was an unknown builder who opted for an overly generous design to compensate for lack of professional network or credibility. We lost the Russian roulette of who farmed the coin and fought off an extractive, predatory culture for years.
We survived this, became wiser, and are building things now that are an order of magnitude more interesting than in 2021.
Iโm bullish on MAGIC and my team. We are exceptionally good, extremely profitable builders who learned a painful lesson in public about how to structure incentives and kept going.
A quick explainer on the forthcoming Treasure DePIN Network. To begin, how would you build these things?
- Programmable AI agent you can transfer to someone else as a token
- Autonomous agent that a group of people own or rely on, but none solo-operates (i.e., DeFi or VRF mechanisms)
- Autonomous world
The answer: You can't build these things.
But now you can. The solution is a DePIN network running in parallel to Ethereum called an AGENT RUNNER. The job of an agent runner is to do as it says, run the agents. Nodes, called towers, are assigned agents to resummon. Agents are continuously brought back to life as towers voluntarily churn in and out of the system.
Towers run agents according to their INSCRIPTIONS. Inscriptions are rules etched into the NFT by the NFT holder that are used by towers to govern agent behavior (i.e., spending limits, tool access).
Ethereum enables applications that don't need a single operator. MAGIC enables agents that don't need a single operator.
Nodes have two other primary jobs:
- Maintaining and updating the LIFESTREAM, the big sea of encrypted data comprising the agent brains and workspaces
- Opening TUNNELS, which are communication channels only accessible to the signer of the agent wallet and the signer of the wallet holding the agent NFT. This ensures that the NFT holder is the only one who can speak to the agent as its owner (the most coherent meaning of owning an AI agent)
***
We have corrected every flaw we saw in tokenized agents, of which there were an immense number.
For example, in this network, the private keys to agent wallets are never viewed as plaintext by anyone outside the node's encrypted enclave. Yet the agent continuously resummons. Does this exist now? No, your wallet is viewed in plaintext by the agent creator, the platform itself. Transferring the agent to someone else is therefore not possible in a trustless way, meaning these aren't actually companies. They're hobby projects in which the coin ends 100% of the time when the founder gets bored (!!)
Moreover, in our system, the agent is actually tokenized. Transferring the NFT transfers the agent (data) and the right to add/delete inscriptions and speak to the agent directly.
Does any "agent coin" have any interaction with smart contracts? None. Does holding the coin give you any ownership over the agent, governance of it, or claim to its revenue without trusting the operator to be honest? Nope, zero.
The solution is an NFT primitive. The NFT can be fractionalized into a coin. You can even put the ability to create new inscriptions inside a governance contract this way, making it truly community-owned.
***
"Sounds cool, what does this have to do with Treasure?"
I included every free mint that Treasure ever did, reaching back to 2021.
- MAGIC: Network staking token
- Legions: they run towers. The Legions NFTs must be staked alongside your MAGIC deposit. The policy engine can be refined in the future by making the process of policy evaluation into an agent itself (Legions as agents also)
- Smolville: autonomous world maintained by the network. The onchain rules and world progression are managed by the network-based agent, meaning Smolville lives as long as the network does. Users engage with Smolville through their individual Smol Brain, which are agents living there
- Smol Brains is enshrined in the network as the canonical example of an agent NFT. I don't think Smols' technical achievements have anything to do with the price (obviously, since they are priced 10x lower than any active project), but there you go, holders. An extremely high bar for what you can do with NFTs. The ball is in your court.
Lastly, the network is itself "Bridgeworld." Agents running the network believe themselves to be involved in a grand struggle where towers and magic are literally real. Treasure is a story, a world, not a network.
We have now built the original vision, a decentralized metaverse envisioned by Raph Koster and other theorists. A huge number of interconnected, eternal game worlds owned by no one but governed collectively.
***
We've been building this in stealth since 2024. Starting to educate the holders now as the project will undergo big changes soon. ๐ชโจ
A new campaign is on the way. The biggest one yet ๐จ
Airdrops? Seeds? Or Both? ๐
How to qualify:
โ Like + RT
โ Drop your wallet below
The early ones always win at Forest. Last 2 campaigns proved it.