Magic Square is a unified, integrated, interoperable space for users to discover and experience community-vetted crypto apps, and for crypto app developers to market and monetize their best applications.&nbsp;Magic Square is a multifaceted system that covers all the UX bases: The Magic Store guides users to discover the highest quality crypto apps with built-in integrated DeFi. Users sign in to all of their apps with one SSIsecured Magic Connect leading to their personalized Magic Spaces: where crypto-app experiences begin and end. Users and developers discuss and collaborate in a dedicated Magic Community space. The whitepaper you are about to read is a technical product description. Please see our Lite Paper for a comprehensive overview of the project.&nbsp;InterfaceThe Magic Square interface includes three main components: The Magic Store, Magic Spaces, and Magic Connect. Each of these serves a di!erent function for the three groups who use the platform: crypto application users (Users), crypto application developers (developers), and new community validators (Validators). Each of these groups plays a unique role in the Magic Store interface, with a unique set of actions and responsibilities. Users must enter the system and obtain a secure persona with their secure Magic Connect login credentials. developers must successfully deploy apps to be validated by the Validators, who vote on the new apps entering the ecosystem.&nbsp;Token Utility<ul><li>Governance - In order to manage the Magic Store in the true spirit of Web3.0, without any intervention from the Magic Square team, we have implemented an on-chain voting model using Community Validators to fill the role of the Apple/Google engineers and determine which apps to feature:</li></ul><ol><li>Creators pay SQR tokens to the Validators who asses their dApp The Community.</li><li>Validators collectively decide which dApps should be featured on the Store.</li></ol><ul><li>Ad Space - Creators and service providers who have at least one listed dApp or approved service can promote their services with Ad Space. Creators bid SQR tokens to win Ad Space.</li><li>Referrals - Creators can initiate referral campaigns, inviting the Magic Community to refer their friends to use their dApp. In order to do this, the Creators will create a pool of SQR tokens to be distributed as referral rewards.</li></ul>

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Magic Square is a unified, integrated, interoperable space for users to discover and experience community-vetted crypto apps, and for crypto app developers to market and monetize their best applications.&nbsp;Magic Square is a multifaceted system that covers all the UX bases: The Magic Store guides users to discover the highest quality crypto apps with built-in integrated DeFi. Users sign in to all of their apps with one SSIsecured Magic Connect leading to their personalized Magic Spaces: where crypto-app experiences begin and end. Users and developers discuss and collaborate in a dedicated Magic Community space. The whitepaper you are about to read is a technical product description. Please see our Lite Paper for a comprehensive overview of the project.&nbsp;InterfaceThe Magic Square interface includes three main components: The Magic Store, Magic Spaces, and Magic Connect. Each of these serves a di!erent function for the three groups who use the platform: crypto application users (Users), crypto application developers (developers), and new community validators (Validators). Each of these groups plays a unique role in the Magic Store interface, with a unique set of actions and responsibilities. Users must enter the system and obtain a secure persona with their secure Magic Connect login credentials. developers must successfully deploy apps to be validated by the Validators, who vote on the new apps entering the ecosystem.&nbsp;Token Utility<ul><li>Governance - In order to manage the Magic Store in the true spirit of Web3.0, without any intervention from the Magic Square team, we have implemented an on-chain voting model using Community Validators to fill the role of the Apple/Google engineers and determine which apps to feature:</li></ul><ol><li>Creators pay SQR tokens to the Validators who asses their dApp The Community.</li><li>Validators collectively decide which dApps should be featured on the Store.</li></ol><ul><li>Ad Space - Creators and service providers who have at least one listed dApp or approved service can promote their services with Ad Space. Creators bid SQR tokens to win Ad Space.</li><li>Referrals - Creators can initiate referral campaigns, inviting the Magic Community to refer their friends to use their dApp. In order to do this, the Creators will create a pool of SQR tokens to be distributed as referral rewards.</li></ul>Magic Square raised $3M in seed round led by Binance Labs and Republic Capital. KuCoin Labs, GSR, IQ Protocol, Gravity Ventures and Alpha Grep are among investors.

Magic Square

Magic Square is a Discovery & Engagement Platform for the Web3 Ecosystem. Discover Community-Vetted Apps and Games, Rewards, and more in Magic Store

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