Magic Square Launchpad Boosts Early-Stage Web3 Ventures
Magic Square—a web3 app that enables users to earn rewards through NFTs, DeFi, GameFi, and more—recently introduced its latest endeavor: Magic Launchpad.
With significant backing from industry titans like Crypto.com and Binance Labs, this accelerator, an Initial DEX Offering (IDO) platform, is poised to be a crucial growth engine in the blockchain sector.
Supporting emerging web3 companies with a $200,000 reward pool in $STORM tokens, a guaranteed $1,000 allocation, and more, it is designed to boost fundraising, enhance brand visibility, and increase user acquisition.
Source: X (Magic Square)The Backbone of Magic Launchpad
Magic Launchpad operates as a versatile multi-chain platform fully integrated into the broader Magic Square ecosystem. It offers a diverse array of IDO options, including whitelist events and private funding rounds, designed to cater to various investor needs.
Key features of Magic Launchpad include:
- Staking Mechanism: Users can stake $SQR tokens to earn SQRp points. These points then influence their allocation sizes in project launches, integrating a rewards-based system that aligns with user participation.
- Road-to-IDO Campaign: This initiative encourages users to engage with projects before their official launch, offering token rewards for early interaction and support.
- Inaugural IDO—Storm Trade: The first IDO to launch on Magic Launchpad is Storm Trade, a perpetual DEX operating on the TON blockchain. Backed by Ton Ventures, Storm Trade aims to attract users with its lucrative liquidity pools, social-fi elements, and user-friendly yet secure platform.
Each of these elements positions Magic Launchpad as a comprehensive solution that meets diverse investor preferences and enhances user engagement and project visibility within the web3 ecosystem.
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
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