Tokenomics
Last updated
Last updated
Since Cosmic Universe is a full on-chain blockchain game, an ecosystem token is essential for the project.
The primary in-game cryptocurrency used in Cosmic Universe's ecosystem is MAGICK, which was released in August 2021 (original symbol: MAGIC) as a public fair launch on decentralized exchanges. There was no ICO or VC investment involved.
Unlike complex dual or triple token models, $MAGICK consolidates as much ecosystem value as possible into a single token.
Cosmic Universe's MAGICK token is used for the following:
Governance
Yield farming
Single staking
Upgrading land
Customizations
Beautification
Land staking
Renting land
Renting billboards
Accelerating build times
Character leveling & staking
Activating land staking seeds
Accelerating energy replenishing
Player-launched token-gated experiences
Various uses within minigame Dawn of Crypton
Various in-game uses in our upcoming MMORPG
Entering tournaments, festivals, and special events
Avalanche MAGICK Token Contract: 0x9A8E0217cD870783c3f2317985C57Bf570969153
The MAGICK token has the following technical details:
Symbol: MAGICK
Blockchain: Avalanche C-Chain
Decimals: 18
Max Supply: 100,000,000
Initial Supply: 2,000,000
Current Supply: ~88,000,000
Initial Price: $0.01
Initial Release: August 19, 2021
Burned Supply: 1,101,715
Lockup Percentage: 0%
Last MAGICK emitted: March 2025
Annual Inflation until March 2025: 15.7%
Annual Inflation after March 2025: 0%
Note: Trader Joe lists MAGICK under the GameFi tab.
MAGICK's primary liquidity pool is MAGICK-AVAX.
The MAGICK farms receive 80% of all MAGICK emissions.
Note: Make sure you make the Decimals 0 instead of 18 when entering the contract address for NFTs into MetaMask.
Development: 0xD2578A0b2631E591890f28499E9E8d73F21e5895
Marketing: 0xa58ff23fd659dEe2f1190DA37b9a9e1B25E20aAa
Founders & Team: 0x0cd43e65bc5246ba75D4B6B0FC95493C09A1D61f
Regarding token allocation, here is a MAGICK breakdown for the aforementioned treasury wallets:
10% for Development
7% for Marketing/Design
3% Founders/Team
MAGICK on Avalanche's explorer .
Distribution Source:
Currently, the majority of liquidity for MAGIC is on .
Get MAGICK using USDC .
Get MAGICK using AVAX .
MAGICK-USDC Liquidity Pool:
MAGICK-AVAX Liquidity Pool:
MAGICK/AVAX & MAGICK/USDC:
MAGICK/USDC on Avalanche via DEXScreener .
MAGICK/AVAX on Avalanche via DEXScreener .
For all Cosmic Universe smart contracts, head over to .
Cosmic Universe has multisig treasury wallets on :
