Magic Sq.—a web3 app that allows customers to earn rewards by way of NFTs, DeFi, GameFi, and extra—lately launched its newest endeavor: Magic Launchpad.
With important backing from business titans like Crypto.com and Binance Labs, this accelerator—an Preliminary DEX Providing (IDO)—is designed to spice up fundraising, improve model visibility, and enhance consumer acquisition by supporting rising web3 firms.
Furthermore, it presents blockchain-based startups with a beneficiant $200,000 prize pool in $STORM tokens, together with a assured allocation of $1,000, amongst different attractive rewards.
Supply: X (Magic Sq.)The Spine of Magic Launchpad
Key options of Magic Launchpad embody:
- Staking Mechanism: Customers can stake $SQR tokens to earn SQRp factors, which decide their allocation sizes in challenge launches, making a rewards system primarily based on participation.
- Street-to-IDO Marketing campaign: This encourages customers to interact with initiatives earlier than their official launch, providing token rewards for early interplay and assist.
- Inaugural IDO—Storm Commerce: The primary IDO on Magic Launchpad is Storm Commerce, a perpetual DEX on the TON blockchain. Supported by Ton Ventures, it options engaging liquidity swimming pools, SocialFi parts, and a safe, user-friendly platform.
Every of those parts positions Magic Launchpad as a complete resolution that meets various investor preferences and enhances consumer engagement and challenge visibility inside the web3 ecosystem.
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*All funding/monetary opinions expressed by NFT Plazas are from the non-public analysis and expertise of our web site moderators and are meant as instructional materials solely. People are required to completely analysis any product prior to creating any sort of funding.
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