Magic Square is a discovery platform for web3 apps and games. Its core product, the Magic Store, is a web3 app store where each project must go through a community-validation process in order to be listed. The goal of Magic Square is to simplify the use of crypto by creating a safe environment for users to discover quality projects and engage with them through lucrative use2earn features.
Magic Square is built on the Binance Smart Chain (BSC), but also supports other leading chains and allows seamless interoperability between different apps and platforms. This makes it easy for users to access and utilize all features and services across different chains. The platform is designed to be simple and easy to use in order to close the gap between web2 and web3 and bring forward mass adoption of crypto and blockchain apps.
Magic Square Backers and Investors
Magic Square is backed by industry leaders such as Binance Labs, Republic Capital, Crypto.com Capital, DAO Maker, Gate.io Labs, Huobi Ventures, GSI, IQ Protocol, and more. These investors believe in the potential of Magic Square to simplify the use of crypto and bring forward mass adoption of web3 apps and games. This gives a sense of trust and confidence to the users.
Benefits for Magic Square Users
By opening an account on the Magic Store, users gain access to a platform that enables them to discover web3 crypto and blockchain apps and games that have gone through a community-validation process. They can also participate in voting to decide which apps should be validated or not, earn Karma points and claim rewards based on their activity in the store, discover special promotions, benefits, and discounts exclusively for Magic Store users, and be the first to hear about airdrops and giveaways.
Magic Karma
Magic Karma is the personal score each user can collect by being active on the store and engaging with the projects listed on the store. During the beta phase, the most active users will be able to win rewards, and after the token launch, users will be able to convert their Karma points to $SQR tokens, Magic Square's utility token. This creates a sense of engagement and loyalty among the users.
Additional information regarding Magic Karma can be found here.
The $SQR Token
The $SQR token is Magic Square's utility token. It acts as the lifeblood of the ecosystem, powering the platform and enabling its growth. It is used for essential functions such as governance, advertisements, and user incentives. The demand for $SQR tokens increases as more developers join the ecosystem and more users access premium functionalities, leading to the sustainable growth of the ecosystem.
Please note that the $SQR token has not been launched yet and cannot be bought or traded on any exchange. To be the first to know when and where the token will be launched, it is advised to join the Magic Square community.
Additional information regarding the $SQR Token can be found here.
Benefits for Developers that list their project on the Magic Store
Magic Square's Magic Store is the first developer-friendly web3 app store. Unlike the Apple App Store, Magic Square does not charge developers any fees to list their projects on the store or take 30% of their revenues. Instead, it offers developers a suite of tools to generate growth in their community and users, and also engaged and active. Instead of paying in advance for promotional tactics that don’t guarantee success, Magic Square offers Project Developers access to a Network of over 28,000 Affiliates in its in-house web3 affiliate network, Magic Boost. This helps the developers to promote their projects and increase their user base.
Recent coverage by TechCrunch and TheBlock, calling Magic Square “a web3-friendly App Store”.
Magic Boost, the Web3 Affiliate Network
Magic Boost is an affiliate network that specializes in the promotion of web3 crypto and blockchain projects and games. Unlike traditional methods of promoting projects, such as through search engines or social media, Magic Boost offers a performance-based model where developers only pay for results. This means that if the promotion does not result in growth for the developer's project, no payment is required.
This is a great alternative for developers who are blocked from advertising due to strict rules and regulations or for those who want to avoid the high costs and uncertain results of influencer marketing. In Magic Boost, developers can also decide exactly what constitutes a qualified user, further tailoring the promotion to their specific needs.
Additional information regarding Magic Boost can be found here.
Steps to open a Magic Store account
- Go to https://magic.store/
- Connect a Wallet
- Verify your email and social media accounts
Additional information regarding the Magic Store can be found here.
Steps to list your Project on the Magic Store
Listing your project on the Magic Store is free of charge. To get started, simply fill in the details on this link and our team will reach out with more information.
Links to join the Magic Square Community
By joining the community, you can stay updated on the latest developments, get involved in the community validation process, and be the first to know about upcoming token launches and other events.