The Gamble of Solana's Game Engine: Is MagicBlock's 'First Mover Pricing' Visionary or a Bubble?
While other projects are still struggling with liquidity, the developers of MagicBlock have already voted with code—over 52 projects submitted in the hackathon, and 5 games reached 150,000 users through its engine.
On February 5, 2026, the high-performance game engine MagicBlock in the Solana ecosystem launched the pre-sale of its BLOCK token as scheduled. This three-day sale set up two completely different participation paths, with its core controversy pointing directly at a fully diluted valuation (FDV) range of up to $100 million to $200 million.
This valuation level stands out particularly compared to other projects in the Solana ecosystem that have recently launched their mainnet and generated revenue.