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Magic Square Launchpad Boosts Early-Stage Web3 Ventures

May 20, 2024
in NFT
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Magic Sq.—a web3 app that allows customers to earn rewards by means of NFTs, DeFi, GameFi, and extra—not too long ago launched its newest endeavor: Magic Launchpad.

With vital backing from trade titans like Crypto.com and Binance Labs, this accelerator, an Preliminary DEX Providing (IDO) platform, is poised to be a vital progress engine within the blockchain sector.

It’s designed to spice up fundraising, improve model visibility, and improve consumer acquisition by supporting rising web3 corporations with a $200,000 prize pool in $STORM tokens, a assured allocation of $1,000, and extra. 

Magic Square Launchpad
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 undertaking launches, making a rewards system based mostly on participation.Highway-to-IDO Marketing campaign: This encourages customers to have interaction with initiatives earlier than their official launch, providing token rewards for early interplay and help.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, social-fi 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 undertaking 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 supposed as academic materials solely. People are required to totally analysis any product prior to creating any form of funding.

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Tags: BoostsEarlyStageLaunchpadMagicSquareVenturesweb3
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