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Magic Square, a leading Web3 App Store boasting a robust community of over 4.5 million users, has announced the launch of its Initial DEX Offering (IDO) platform, Magic Launchpad. The platform not only facilitates fundraising for projects but also revolutionizes community growth within the Magic Square ecosystem.
The platform offers various IDO formats, allowing users to stake SQR tokens to earn allocation points and participate in whitelist events or private rounds. Additionally, the Road-to-IDO campaign precedes each IDO, enabling users to earn token rewards by engaging with the project's community and platform.
Andrey Nayman, the founder and CEO of Magic Square, stated, "By deeply integrating with Magic Square's existing infrastructure, we are poised to redefine how early-stage projects raise funds and gain support in the Web3 ecosystem."
The first IDO on Magic Launchpad will feature Storm Trade, an innovative perpetual DEX on the TON blockchain, supported by Ton Ventures. Storm Trade offers trading with up to 50x leverage directly through Telegram, emphasizing high-yield liquidity pools, social-fi elements and top-tier security.
Magic Square, known as the first Web3 App Store, aims to address user acquisition challenges and foster meaningful interactions between users and projects.
With over 4.5 million registered users and more than 1,300 apps and games listed, Magic Square's introduction of Magic Launchpad marks a significant step toward becoming a comprehensive solution for growth hacking and fundraising in the Web3 landscape.
Alex Dovbnya
Godfrey Benjamin
Vladislav Sopov