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: ~88,000,000
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%

MAGICK Distribution

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Buy MAGICK

Currently, the majority of liquidity for MAGIC is on LFJ .

Get MAGICK using USDC here .

Get MAGICK using AVAX here .

Note: LFJ (Trader Joe) lists MAGICK under the GameFi tab.

Liquidity Pools

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.

TREASSURY 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