SmithyDAO

SmithyDAO is creating Smithonia, a world where Smithonian Weapons reside and serve as a center for an interrelated crafting layer within the metaverse. SmithyDAO is a product on the Arbitrum network that operates within the Treasure Ecosystem and supports a hybrid economy of in-game/off-chain currency and resources. It provides utility for the $MAGIC token and its primary product, Smithonia, is directly connected to both the broader cryptocurrency ecosystem and the global economy. To level up your Wooden Weapon, gather resources on adventures and quests. As you progress further into Smithtonia, you can unlock better gear, crafting resources, and new stories. There are 4 types of quests: Easy, Medium, Hard, and Magic, with increasing difficulty and requirements for participation. The Hall of Fame rewards the top 100 players in terms of Devotion Points, which can be earned by burning resources and TreasureNFTs. Royalties for the Living Weapons collection are distributed to the leaderboard winners in $MAGIC. Quest rewards will vary and can include living weapons, gold, NFTs, experience, and off-chain items like potions, maps, and more. These off-chain rewards will eventually be convertible to NFTs, but for the first three months of gameplay, they will remain off-chain to minimize risk and allow for a more robust system to be developed.