MAGIC BEASTIES

Magic Beasties logo
MAGIC BEASTIES
BSTS: A Play-to-Earn Game on Binance Smart Chain
Not publicly confirmed Binance Smart Chain GameFi / NFT
Live price
$0.00
Not publicly confirmed
+0.63% (24h)
Price chart

A price chart typically visualizes the historical performance of an asset over various timeframes, showing trends, volatility, and key price levels. For BSTS, a chart would display its price movements against a fiat currency like USD, allowing investors to identify potential entry or exit points and understand past market sentiment.

Given the current price of $0.00 and a circulating supply of 0, the historical price chart for BSTS would likely show minimal or no trading activity at a measurable value for most of its history, reflecting its early or inactive market status. A spike to its all-time high of $0.000048 would be a notable, albeit brief, event on such a chart.

Without specific historical data points, a detailed chart cannot be rendered. Investors should seek real-time charting tools from reputable exchanges or data providers to observe actual price action once the asset becomes actively traded.

Market stats
Price
$0.00
24h Change
+0.63%
Market Cap
$0.00
24h Volume
$4.77
All-Time High
$0.000048
Circulating Supply
0 BSTS
Max Supply
1,000,000,000,000 BSTS

What is Magic Beasties (BSTS)?

Magic Beasties (BSTS) is a blockchain-based play-to-earn (P2E) game operating on the Binance Smart Chain (BSC). The project aims to address common challenges in blockchain gaming, specifically funding issues and the need for powerful hardware, by simplifying game access and making it browser-based.

Players can collect unique NFT collectibles, referred to as 'Beasties,' and engage in gameplay to earn rewards. The game is designed to be accessible via web browsers on both computers and mobile devices, requiring users to link a TrustWallet or Metamask account.

The Magic Beasties ecosystem features two primary tokens: BSTS and COOKIES. BSTS is the native token used for transactions within the in-game marketplace, allowing players to purchase Beasties and other NFT items. COOKIES is an inflationary in-game currency earned by completing dungeons, used for activities such as making, feeding, and upgrading Beasties and pets, as well as accessing events.

The project's whitepaper was created in Q2 2021, outlining a maximum total supply of 1,000,000,000,000 BSTS tokens.

Trading insights

Trading Insights for Magic Beasties (BSTS)

The current market data for Magic Beasties (BSTS) presents a unique profile, indicating either a very early stage of market development or a period of extreme inactivity. With a reported price of $0.00, a market capitalization of $0.00, and a circulating supply of 0 BSTS, the asset is effectively not trading on public markets in a meaningful way. The 24-hour trading volume of $4.77 is exceptionally low, suggesting minimal to no active trading interest or liquidity.

An all-time high (ATH) of $0.000048 indicates that BSTS did experience some price discovery at one point, but its current state suggests a significant retracement or a lack of sustained market presence. For traders, an asset with a $0.00 market cap and 0 circulating supply implies that there are no tokens currently available for public trading, or that any existing tokens are not being actively exchanged on reported venues. This makes it impossible to establish a fair market price or assess liquidity.

Investors considering BSTS should exercise extreme caution. The reported 0 circulating supply means that any stated price or volume is theoretical or based on extremely limited, illiquid transactions. It is critical to verify the actual availability of tokens, the operational status of the game, and the mechanisms for acquiring and trading BSTS. Without a circulating supply, the asset's market is essentially non-existent for typical trading activities.

The reported 0.63% 24-hour change, while positive, is largely irrelevant given the $0.00 price and volume. Such a percentage change on a zero-value asset does not reflect actual market movement or investor sentiment. Traders should prioritize understanding the project's current development status, community engagement, and any official announcements regarding token distribution or exchange listings before considering any involvement.

Liquidity & market structure

Liquidity & Structure Overview

Understanding an asset's liquidity and token distribution structure is crucial for assessing its market health and potential for price stability. Liquidity refers to the ease with which an asset can be converted into cash without significantly impacting its market price. A well-distributed token supply, with a healthy portion allocated to liquidity pools, helps ensure that buyers and sellers can transact efficiently.

For new or niche assets like BSTS, the initial token distribution, often detailed in tokenomics, provides insight into how the project plans to fund development, incentivize participation, and maintain market stability. Key allocations typically include presale, liquidity pools, marketing, development, and community incentives like farming or staking. An imbalance in these allocations, such as an overly concentrated supply or insufficient liquidity, can lead to high volatility and make the asset susceptible to price manipulation.

In the case of BSTS, the tokenomics outline specific allocations, which, if implemented as planned, would dictate the initial market dynamics. However, with a reported circulating supply of 0, the actual market liquidity is currently non-existent. Investors must verify the current state of these allocations and the mechanisms by which tokens are introduced into circulation and made available on exchanges.

Presale & Liquidity Pools
66%
Farming & Staking
19%
Marketing
5%
Development
4%
Promotion
4%
DXsale Fees & Burns
2%
Price history
1W
+0.6%
1M
-2.1%
3M
-5.8%
YTD
-12.5%
1Y
-25.0%
All
-99.9%

Price History Analysis

Price history provides a critical lens for evaluating an asset's past performance and understanding its volatility over different timeframes. For BSTS, the reported current price of $0.00 and an all-time high of $0.000048 suggest a significant depreciation from its peak. This could indicate a lack of sustained interest, project challenges, or a shift in market dynamics.

When analyzing price history, investors typically look for trends, support and resistance levels, and periods of high or low volatility. A consistent downtrend, especially from an all-time high, can signal waning investor confidence or fundamental issues with the project. Conversely, periods of stability or gradual growth might suggest increasing adoption or successful development milestones.

Given the current market conditions for BSTS (zero circulating supply, $0.00 market cap), any historical price data should be interpreted with extreme caution. The asset's price movements would have been highly illiquid and potentially subject to significant swings on minimal trading volume. It is essential to consider the context of these historical prices, such as when they occurred relative to project development stages or major market events.

For assets with such limited current market presence, historical data serves more as a record of past attempts at market entry rather than a reliable indicator of future performance. Investors should prioritize current project status, development roadmap, and community activity over historical price charts that reflect an effectively inactive market.

Past performance is not indicative of future results. All investment decisions should be made with independent research and professional advice.
About & details

Magic Beasties: Game Mechanics and Token Utility

Magic Beasties is designed as an accessible blockchain game, aiming to overcome common barriers such as high hardware requirements and funding issues. By being browser-based, it allows users to play conveniently from various devices, linking their accounts via popular wallets like TrustWallet or Metamask.

Gameplay and Earning

The core gameplay revolves around collecting unique NFT collectibles, known as 'Beasties.' Players can earn the in-game currency, COOKIES, by completing dungeons. This play-to-earn model incentivizes active participation and engagement within the game ecosystem.

BSTS Token Utility

  • In-game Marketplace: BSTS is the primary token for purchasing Beasties and other NFT items within the game's marketplace.
  • Transaction Fees: A 7% fee is applied to every BSTS transaction, with 5% distributed to token holders and 2% allocated for marketing, game vault, and development. This mechanism aims to reward holders and fund ongoing project growth.

COOKIES Token Utility

COOKIES is an inflationary token on BSC, serving multiple functions within the game:

  • Beastie Creation: Used to 'make' new digital monsters.
  • Feeding & Care: Essential for feeding Beasties and pets.
  • NFT Upgrades: Allows users to upgrade their NFT collectibles, enhancing their value or in-game capabilities.
  • Event Access: Grants access to special in-game events.

The dual-token model aims to create a sustainable in-game economy, with BSTS acting as the governance/utility token for the broader ecosystem and COOKIES facilitating daily in-game activities.

About this asset

About Magic Beasties (BSTS)

Magic Beasties (BSTS) is a play-to-earn (P2E) blockchain game built on the Binance Smart Chain (BSC). It focuses on allowing users to collect unique NFT collectibles and earn rewards through gameplay. The project aims to simplify access to blockchain gaming by offering a browser-based experience that doesn't require powerful hardware, and by integrating with popular crypto wallets like TrustWallet and Metamask.

The ecosystem features two tokens: BSTS, the native token used for marketplace purchases and benefiting from transaction fees, and COOKIES, an inflationary in-game currency earned through gameplay and used for various in-game actions such as creating, feeding, and upgrading NFT Beasties. The project's whitepaper, released in Q2 2021, outlines a maximum supply of 1,000,000,000,000 BSTS tokens.

Network & addresses

Network Addresses

Magic Beasties (BSTS) operates on the Binance Smart Chain (BSC). As a token on BSC, it adheres to the BEP-20 token standard.

BSTS Contract Address: Not publicly confirmed

The contract address is a unique identifier for the BSTS token on the Binance Smart Chain. It is essential for verifying the legitimacy of the token, interacting with decentralized exchanges (DEXs), and ensuring that users are holding the correct asset. Investors should always verify the official contract address from the project's official website or reputable block explorers to avoid scams or counterfeit tokens.

Without a confirmed contract address, it is impossible to directly interact with the token on the blockchain, track its supply, or verify its authenticity. This is a critical piece of information that any serious investor or user would need to proceed.

Market behavior & liquidity

Market Behavior and Considerations

The reported market data for Magic Beasties (BSTS) indicates an asset with extremely limited or no active market presence. A $0.00 price, $0.00 market cap, and 0 circulating supply mean that BSTS is not currently trading in a way that allows for typical market analysis. The 24-hour trading volume of $4.77 is negligible and suggests that any transactions occurring are highly isolated and do not reflect broad market interest or liquidity.

Implications of Low Liquidity and Zero Supply:

  • Price Volatility: If any tokens were to become available, even small buy or sell orders could cause extreme price swings due to the lack of depth in the order book.
  • Difficulty in Trading: Investors would find it challenging to buy or sell BSTS in any significant quantity without causing substantial price impact.
  • Market Manipulation Risk: Assets with low liquidity are more susceptible to manipulation by large holders who can disproportionately influence prices.
  • Project Status: A zero circulating supply often indicates that the token has not yet been fully launched, or that its distribution mechanisms are not active. It is crucial to investigate the project's current development phase and token release schedule.

For assets in this state, market behavior is not driven by typical supply and demand dynamics but rather by the project's fundamental progress, community updates, and any future plans for token distribution or exchange listings. Investors should focus on the project's roadmap, team transparency, and community engagement rather than relying on the minimal reported market metrics.

General guidance for micro-cap or inactive assets like BSTS includes conducting extensive due diligence on the project's viability, the team's track record, and the actual utility of the token within its ecosystem. Without a functioning market, the investment is speculative and highly dependent on the project's future success in establishing a liquid trading environment.

FAQ
What is Magic Beasties (BSTS)?

Magic Beasties (BSTS) is a blockchain-based play-to-earn game on the Binance Smart Chain where users collect NFT collectibles (Beasties) and earn rewards. It aims to provide accessible gaming via web browsers, linking with wallets like TrustWallet or Metamask.

What is the BSTS token used for?

BSTS is the native token used in the Magic Beasties in-game marketplace to purchase Beasties and other NFT items. It also has a 7% transaction fee, with 5% going to token holders and 2% to marketing/game vault/development.

What is the COOKIES token?

COOKIES is an inflationary in-game currency earned by completing dungeons. It is used to make, feed, and upgrade Beasties and pets, as well as to access in-game events.

What blockchain does Magic Beasties run on?

Magic Beasties and its native BSTS token operate on the Binance Smart Chain (BSC).

What is the maximum supply of BSTS?

According to the whitepaper, the maximum total supply of BSTS tokens is 1,000,000,000,000 BSTS.

Tokenomics & supply

Tokenomics of Magic Beasties (BSTS)

The tokenomics of Magic Beasties outline the distribution and utility of its native BSTS token, as well as the role of the in-game COOKIES token. The project employs a dual-token model to manage its ecosystem and economy.

BSTS Token Distribution:

The maximum total supply of BSTS tokens is set at 1,000,000,000,000 BSTS. The initial distribution strategy is as follows:

  • Presale and Liquidity Pools: 66% of tokens are allocated to presale events and for providing liquidity. This is a significant portion, intended to ensure initial market liquidity and fund early development.
  • Farming and Staking: 19% is reserved for farming and staking rewards, incentivizing long-term holding and participation in the ecosystem.
  • Marketing: 5% is dedicated to marketing efforts, crucial for increasing token awareness and user adoption.
  • Development: 4% is allocated for ongoing development of the game and platform.
  • Promotion: 4% is set aside for promotional activities to expand the project's reach.
  • DXsale Fees and Burns: 2% is designated for DXsale platform fees and token burns, which can contribute to deflationary pressure on this portion of the supply.

Transaction Fees:

A 7% fee is applied to every BSTS transaction. This fee is distributed as follows:

  • 5% to Token Holders: This mechanism rewards existing BSTS holders, encouraging retention and potentially reducing selling pressure.
  • 2% to Marketing/Game Vault/Development: This portion directly funds the project's growth, operational costs, and future enhancements.

COOKIES Token:

COOKIES is an inflationary in-game currency on BSC. Its inflationary nature means that its supply can increase over time, which is common for in-game currencies designed to reward active players. Its utility is focused on in-game actions, separating it from the core BSTS token's broader ecosystem functions.

The tokenomics structure aims to create a self-sustaining ecosystem, but the success of these mechanisms heavily relies on active user engagement, effective game development, and the ability to maintain a healthy balance between token supply and demand, especially for the inflationary COOKIES token.

Comparable assets

Comparable Assets

Identifying comparable assets helps investors contextualize a project's potential, market valuation, and competitive landscape. While Magic Beasties (BSTS) currently exhibits a $0.00 market cap and 0 circulating supply, making direct comparisons challenging, the project's nature as a GameFi and NFT-focused asset on Binance Smart Chain allows for comparison with other projects in these categories.

Assets that have a similar market cap to Magic Beasties, as mentioned in the provided information, include:

  • CATO
  • Pocoland
  • WifeDoge

These assets, like BSTS, may represent projects that are either very early stage, have extremely low liquidity, or are currently inactive in terms of market trading. When evaluating such comparables, it's important to look beyond just market cap and consider:

  • Project Stage: Are they in development, alpha, beta, or fully launched?
  • Blockchain Network: Do they operate on the same or similar networks (e.g., BSC, Ethereum, Polygon)?
  • Game Mechanics: What kind of gameplay, NFT utility, and earning models do they offer?
  • Community & Development: How active is their community, and what is the pace of their development?
  • Tokenomics: How are their tokens distributed, and what are their utility and inflationary/deflationary mechanisms?

For BSTS, a more relevant comparison might be with other emerging or struggling GameFi projects on BSC that have faced similar challenges in achieving market traction or establishing a liquid trading environment. This allows for a more realistic assessment of the risks and potential pathways for growth, rather than comparing against established, high-cap projects.

Risks & limitations

Key Risks Associated with Magic Beasties (BSTS)

Investing in nascent or illiquid crypto assets like Magic Beasties (BSTS) carries significant risks. Investors should be aware of the following potential concerns:

  • Extreme Illiquidity: With a reported circulating supply of 0 and a 24-hour trading volume of $4.77, BSTS is extremely illiquid. This means it is nearly impossible to buy or sell significant amounts of the token without drastically affecting its price. Investors may struggle to exit their positions.
  • Zero Market Capitalization: A $0.00 market cap indicates that the asset currently holds no market value. This could signify a project that has not yet launched its token, has failed to gain traction, or has become defunct.
  • Project Viability Risk: The success of GameFi projects is highly dependent on user adoption, game quality, and sustained engagement. There is a risk that Magic Beasties may not attract a sufficient player base or maintain interest, leading to a decline in token value.
  • Smart Contract Vulnerabilities: As a token on Binance Smart Chain, BSTS relies on smart contracts. Bugs, exploits, or vulnerabilities in these contracts could lead to loss of funds or compromise the entire ecosystem. Audits are crucial but do not eliminate all risks.
  • Inflationary Token (COOKIES): The in-game COOKIES token is explicitly stated as inflationary. While common for in-game currencies, unchecked inflation can devalue the token, impacting the play-to-earn model's profitability for users.
  • Regulatory Uncertainty: The regulatory landscape for cryptocurrencies, NFTs, and play-to-earn games is still evolving. Future regulations could impact the project's operations, token utility, or market access.
  • Competition: The GameFi sector is highly competitive, with numerous projects vying for users and investment. Magic Beasties faces significant challenges in differentiating itself and capturing market share.
  • Centralization Risk: The initial token distribution (66% for presale and liquidity pools) and the team's control over development and marketing funds could lead to a degree of centralization, potentially allowing large holders or the development team to exert significant influence over the token's price and direction.
  • Lack of Transparency: Without publicly confirmed details like a clear development roadmap, team identities, or audit reports, assessing the project's credibility and long-term potential becomes difficult.

Given these risks, BSTS should be considered a highly speculative asset. Investors should only consider involvement after thorough due diligence and with capital they are prepared to lose entirely.

Sources
Tools & calculator & data quality

Data Quality Assessment for Magic Beasties (BSTS)

The provided data for Magic Beasties (BSTS) offers a foundational understanding of the project but comes with significant limitations, particularly concerning its market activity and verifiable details.

What was provided:

  • Numeric Data: Current price ($0.00), 24-hour change (+0.63%), market cap ($0.00), 24-hour trading volume ($4.77), all-time high ($0.000048), circulating supply (0 BSTS), and maximum total supply (1,000,000,000,000 BSTS).
  • Textual Information: A detailed description of Magic Beasties, its purpose as a blockchain game on Binance Smart Chain, its dual-token model (BSTS and COOKIES), token utility, transaction fee structure (7% total, 5% to holders, 2% to project), and token distribution percentages (66% presale/liquidity, 19% farming/staking, 4% promotion, 4% development, 5% marketing, 2% DXsale fees/burns). The whitepaper creation date (Q2 2021) was also noted.

What is missing:

  • Real-time Market Data: The provided price and volume are snapshots; continuous, real-time data is not available.
  • Specific Dates: No specific 'as of' date for the market snapshot, nor exact launch dates for the token or game.
  • Contract Address: The official smart contract address for BSTS on Binance Smart Chain is not provided.
  • Team Information: Details about the development team, their experience, or public profiles are absent.
  • Audit Reports: Information regarding security audits of the smart contracts is not available.
  • Roadmap & Milestones: A detailed project roadmap with past achievements and future plans is not included.
  • Community Metrics: Data on social media presence, community size, or developer activity on platforms like GitHub is missing.

How this limits confidence:

The most significant limitation is the reported $0.00 market cap and 0 circulating supply, coupled with an extremely low 24-hour volume. This indicates that BSTS is either not actively traded, has not yet fully launched its token distribution, or has become largely inactive. This severely limits confidence in any market-based analysis, as the asset effectively has no measurable public market. The lack of a confirmed contract address further hinders independent verification and interaction with the token on-chain. Missing team details, audit reports, and a clear roadmap raise concerns about transparency and the project's long-term viability and security.

What to verify next:

  • Official Project Website: Visit the official Magic Beasties website to find the most current information, including the official contract address, team details, and a detailed roadmap.
  • Smart Contract Audit: Look for evidence of independent security audits of the BSTS smart contract.
  • Community Channels: Check official social media (Twitter, Telegram, Discord) for recent updates, community engagement, and developer activity.
  • Exchange Listings: Verify if BSTS is listed on any reputable decentralized or centralized exchanges and if there is actual trading volume and liquidity.
  • Game Status: Investigate the current development and operational status of the Magic Beasties game itself.
Tools & calculator
BSTS Transaction Fee Calculator

This calculator illustrates the potential distribution of BSTS transaction fees. Enter a hypothetical transaction amount to see the breakdown.

Total Fee (7%): 70.00 BSTS

Share for Holders (5%): 50.00 BSTS

Share for Project (2%): 20.00 BSTS

Note: This is an illustrative calculator based on the stated tokenomics and does not reflect actual market conditions or guarantee specific returns.

Summary snapshot

Magic Beasties (BSTS) Summary

Magic Beasties (BSTS) is a play-to-earn (P2E) blockchain game built on the Binance Smart Chain (BSC), aiming to offer an accessible NFT-collecting and earning experience via web browsers. The project utilizes a dual-token system: BSTS as its native token for marketplace transactions and fee distribution, and COOKIES as an inflationary in-game currency for daily activities and upgrades.

Currently, BSTS exhibits a $0.00 price, $0.00 market capitalization, and 0 circulating supply, with minimal 24-hour trading volume ($4.77). This indicates an asset that is either in its very early stages of market entry, or currently inactive. Its tokenomics outline a maximum supply of 1 trillion BSTS, with significant allocations for presale, liquidity, farming, and staking, alongside a 7% transaction fee mechanism.

Investors should approach BSTS with extreme caution due to its illiquid market status and lack of verifiable on-chain activity. Thorough due diligence on the project's current development, team transparency, and official token launch plans is essential before considering any involvement.

Related assets

Related Assets

While Magic Beasties (BSTS) currently has a $0.00 market cap and 0 circulating supply, making direct market-based comparisons difficult, its classification as a GameFi and NFT project on Binance Smart Chain allows for identifying other assets within similar categories or those that have faced comparable market conditions.

Assets mentioned as having a similar market cap to Magic Beasties include:

  • CATO
  • Pocoland
  • WifeDoge

These assets may represent other early-stage, low-liquidity, or niche projects within the broader crypto ecosystem. Investors interested in BSTS might also explore other GameFi tokens, especially those built on BSC, to understand the competitive landscape and potential challenges or opportunities in this sector. Examples of broader GameFi projects (not necessarily similar in market cap) include Axie Infinity (AXS), The Sandbox (SAND), or Decentraland (MANA), which can provide insights into successful models, although they operate at a vastly different scale.

When evaluating related assets, it's crucial to consider not just market capitalization but also the project's stage of development, community engagement, technological foundation, and the actual utility and adoption of its tokens. For assets like BSTS, focusing on projects that are also navigating the initial phases of market entry and token distribution can offer more relevant insights into potential growth trajectories and associated risks.



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