MagicCraft (MCRT) is a play-to-earn game launched on Binance Smart Chain. As mentioned in the whitepaper of MagicCraft, players team up with each other as clans in the game and fight against other clans on the platform. Notably, each character in the game has different items, traits, weapons, attacks, and clothes. Players are free to trade such characters and other collectibles in the NFT marketplace and in exchange for MCRT, which is the native token of the platform.
According to the whitepaper, the primary vision of MagicCraft is to establish an engaging blockchain game that unites players, creators, digital asset owners, and streamers. MagicCraft is a virtual world whereby players can build up, monetize, and own their gaming experiences on the Binance Smart Chain.
There are three aspects of MagicCraft: gaming, NFT marketplace, and staking. Gaming constitutes players who play and participate in virtual battles and tournaments. The NFT marketplace comprises digital asset owners who interact with players to sell, trade, or purchase the collectibles as NFTs. The staking aspect involves people staking in-game characters and earning coins through the process.
MagicCraft (MCRT) is a cryptographically secured fungible protocol token. The token is developed to be used as an interoperable utility token solely. The whitepaper describes MCRT as a multi-utility token that participants can use as a medium of exchange. Therefore, payment and settlements between participants are made securely through the token.
MCRT seeks to provide economic incentives that are distributed for encouraging users to participate in the game. Moreover, there are several utilities of MCRT like up-gradation of game heroes, a reward for streamers, predicting match outcomes, and purchasing a MagicCraft box.
