Comprehensive Guide to EmiSwap Magic Cards: Designed to Boost your DeFi Profits

Comprehensive Guide to EmiSwap Magic Cards: Designed to Boost your DeFi Profits

Greetings, EmiSwap community!

Today, we’d love to share a comprehensive guide on NFT Magic Cards by EmiSwap. While most other NFTs offer little practical utility beyond simply buying and selling, EmiSwap rewrites the rules of the NFT game with its Magic Cards — digital collectibles that let users get free tokens, farm new NFTs, and even take part in tournaments. How? Let’s find out!

Fungible vs. non-fungible tokens

Bitcoin, Ethereum, and other regular cryptocurrencies are called fungible, meaning that all Bitcoins are completely interchangeable and have the same value. By contrast, a non-fungible token, or NFT, is a blockchain asset that is unique and not interchangeable with other tokens.

The idea behind NFTs is to provide users with rare and valuable digital objects whose ownership is authenticated on the blockchain. CryptoKitties are the most famous of NFTs, but there are many others, including fantasy trading cards, digital paintings, in-game items, etc.

Introducing Magic Cards

EmiSwap is a decentralized token swap protocol, roughly similar to Uniswap. EmiSwap’s big innovation is the addition of Magic Cards — NFTs that combine the financial benefits of DeFi with the excitement of trending card games like Magic: The Gathering. With Magic Cards, EmiSwap acquires a crucial quality that Uniswap has never had: gamification.

NFT Magic Cards have a lot in common with traditional fantasy trading cards:

They come in 5 tiers: Ordinary, Uncommon, Rare, Epic, and Legendary;

  1. They are issued in collections, both on a monthly basis and on special occasions, such as Halloween;
  2. Every collection contains cards of all 5 tiers, but the more common account for the vast majority;
  3. Five cards of the same rank can be swapped for one card of a senior rank — for example, 5 Uncommon for 1 Rare;
  4. Users can participate in Card Wars: tournaments where a player with a stronger deck can win valuable prizes;
  5. Magic Cards can be traded in a dedicated internal marketplace that will be released soon.

Magic Cards’ advantages go far beyond the simple joy of collecting or competing with other players, however: they help EmiSwap users make real money.

Bonuses and benefits

Every card provides a practical advantage or bonus of some sort:

  • Free tokens: an instant bonus in EmiSwap’s native ERC20 tokens, ESW.
  • x2 and x3: add 2 or 3 hole (unopened) cards to your deck to swap for a higher-tier card. This bonus makes it much easier to obtain elite cards.
  • Collectibles: give access to exclusive events and prize draws.
  • Special collectibles: let users earn more liquidity rewards, farm new NFTs faster, and so on.
  • Battle cards: powerful NFTs necessary to win tournaments.
  • Mythic: extraordinarily rare cards that combine all bonus types.

Card farming

From the point of view of a DeFi user, the most attractive feature of Magic Cards is yield farming or liquidity mining. Those users who participate in liquidity pools on EmiSwap can lock their liquidity provider tokens in a smart contract to receive new Magic Cards for free.

Farmed cards can then be sold in the marketplace, potentially for a high price (just remember how much people pay for CryptoKitties). Or, such cards can be used to boost your income from liquidity mining. Depending on how much liquidity you lock in a pool, you can farm cards of any tier.

NFT card farming is a big improvement on regular yield farming programs that many DeFi platforms offer. Being unique, an NFT card will always have value, and that value with only grow with time. Meanwhile, inflationary DeFi tokens tend to lose their value very quickly.

Card Wars are coming!

Farming bonuses and free tokens is great, but some users will definitely feel passionate about our tournaments. In Card Wars, each of the two players picks 5 cards out of their deck and decides which of them to open first. The system then flips the first pair of cards simultaneously, and the owner of the stronger card wins the round. After all the ten cards are flipped, the overall winner is determined.

Prizes can include rare battle cards or free tokens. Of course, you can also participate in larger tournaments with dozens of players and large jackpots.

Where to get Magic Cards?

The best way to start building a collection of Magic Cards is to take part in the ESW token sale. The first 1,000 users who buy at least 500 ESW are guaranteed to get a Magic Card for free. What’s more, the cards to be distributed during the token sale are exclusive: this collection will never be re-issued.

Every ESW buyer is entitled to one card, and the tier depends on the purchase size:

  • Ordinary — 500 ESW
  • Uncommon — 2,500 ESW
  • Rare — 7,500 ESW
  • Epic — 20,000 ESW
  • Legendary — 50,000 ESW

Once the ESW token sale is over, your best bet is Magic Card farming. As we’ve said, when you contribute liquidity to EmiSwap pools, you get NFT cards for free — it will take just a bit of time, especially if you want to farm a higher-tier NFT. For example, you’ll need to deposit 500 ESW for 5 days (or 100 ESW for 25 days) to get an Uncommon card.

Of course, once we launch the marketplace, you’ll also be able to buy Magic Cards instantly — but isn’t it better to get one for free while you have the opportunity?

The ESW token sale is still live, and you can still get a bonus Magic Card with your purchase. All you have to do is purchase at least 500 ESW (equivalent to 55 DAI or $55) and fill the NFT bonus form. Remember: only the first 1,000 participants will get Magic Cards, so act fast!

Join the EmiSwap community to learn more about NFT Magic Cards and the privileges they give.

Exchange: https://emiswap.com/

Crowdsale: https://crowdsale.emidao.org/

Twitter: https://twitter.com/EmiSwap

Medium: https://emiswap.medium.com/

Telegram: https://t.me/emiswap_official

Discord: https://discord.gg/RYDYZsH

Github: https://github.com/EMISWAP-COM/

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