Tokenomics

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.

MAGICK

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

MAGICK on Avalanche's explorer here.

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: ~69,000,000

• Initial Price: $0.01

• Initial Release: August 19, 2021

• Burned Supply: 1,101,715

• Lockup Percentage: 0%

• Distribution Source: MAGICK Yield Farms

• Last MAGICK emitted: March 2025

• Annual Inflation until March 2025: 15.7%

• Annual Inflation after March 2025: 0%

Buy MAGICK

Currently, the majority of liquidity for MAGIC is on Trader Joe.

Get MAGIC using USDC here.

Get MAGIC using AVAX here.

Liquidity Pools

MAGICK's primary liquidity pool is MAGICK-AVAX.

MAGICK-USDC Liquidity Pool: https://traderjoexyz.com/pool/0x9a8e0217cd870783c3f2317985c57bf570969153/0xb97ef9ef8734c71904d8002f8b6bc66dd9c48a6e

MAGICK-AVAX Liquidity Pool: https://traderjoexyz.com/pool/0x9a8e0217cd870783c3f2317985c57bf570969153/AVAX

Yield Farms

The MAGICK farms receive 80% of all MAGICK emissions.

MAGICK/AVAX & MAGICK/USDC: https://gallery.cosmicuniverse.io/farms

MAGICK Chart

MAGICK/USDC on Avalanche via DEXScreener here.

MAGICK/AVAX on Avalanche via DEXScreener here.

NFT Contracts

For all Cosmic Universe smart contracts, head over to our GitHub.

Note: Make sure you make the Decimals 0 instead of 18 when entering the contract address for NFTs into MetaMask.

TREASURY WALLETS

Cosmic Universe has multisig treasury wallets on Pangolin:

• 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