Magic Square, a web3 app that allows users to earn rewards through nft, DeFi, GameFi, and more, recently unveiled its latest endeavor: Magic Launchpad.
With major backing from industry titans like crypto.com and Binance Labs, Magic Launchpad, an Initial DEX Offering (IDO) platform, is poised to be a crucial growth driver in the blockchain sector.
Designed to accelerate fundraising, improve brand visibility, and increase user acquisition, it supports web3 startups with a reward pool of $200,000 in $STORM tokens, a guaranteed allocation of $1,000, and more.
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. Offers a wide range of IDO options, including White list events and private financing rounds, designed to meet the diverse needs of investors.
Key features of Magic Launchpad include:
- Betting mechanism: Users can stake $SQR tokens to earn SQRp points. These points then influence the size of your allocation at project launch, integrating a rewards-based system that aligns with user engagement.
- Road to IDO Campaign– This initiative encourages users to participate in projects before their official launch, offering token rewards for early interaction and support.
- Inaugural IDO: stormy 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 easy-to-use yet secure platform.
Each of these elements positions Magic Launchpad as a comprehensive solution that meets diverse investor preferences and improves user engagement and project visibility within the web3 ecosystem.
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