Anybody knows what it does? Must be really powerful for the amount it costs

I think your talking about a boost that moves your gold imput up two 10 percent you have to put Majic monster next to it a second one moves another 10 percent you are allowed four of them maxing your gold up to fourth percent hope I helped

@gazza there is a description from fox in this post

It basically gives you 250 gems, 180 elemental cells and 20 elementium until February 6th.
Sooooo worth it ....

Ok teach me where can you tind this thing

@ralph the magic statue is not same as the magic boost for habitats. The magic statue is last tier prize for fraternity event currently going on. You can find the event on sidebar but unless you got a couple grand laying around its unattainable.