ðēMagic Square 120M $SQR Ecosystem Grant Program
Introduction to the Ecosystem Grant Program by Magic Square
Last updated
Introduction to the Ecosystem Grant Program by Magic Square
Last updated
Magic Square is leading the way in the Web3 space with the first Web3 App Store, the Magic Store. This platform is built to solve the challenges of getting new users, increasing user engagement, and providing a rewarding experience in a community-driven way. By linking high-quality users with projects, Magic Square encourages meaningful growth and interactions.
As part of our tokenomics, we've set aside 120,000,000 $SQR tokens for the Ecosystem Grants Program over three years. This shows our commitment to supporting innovation and growth in the Web3 ecosystem.
The grants are exclusively for projects listed on the Magic Store, and the listing is completely free. We welcome a wide range of Web3 projects, including apps, games, infrastructure, wallets, DAOs, exchanges, DeFi, and CeFi. Importantly, having a token is not a requirement for listing.
Magic Square also welcomes projects that are not yet live to list in the "Upcoming" section. This allows projects to generate excitement and connect with potential users before their official launch.
Once listed on the Magic Store, projects can access a range of services designed to help them grow. This includes our "Hot Offers" section, where projects can run campaigns focused on user acquisition, engagement, and retention. These campaigns are tailored to the project's goals, such as increasing social media followers or bringing in users to a platform or game.
Magic Square manages all aspects of these campaigns, encompassing the creation, content, design, distribution, and management. This means projects don't need to worry about bringing in users themselves; Magic Square handles it. The campaigns are based on actual performance, ensuring that if there are no results, there's no payment. This performance-based approach makes the setup risk-free for projects.
The Ecosystem Grants Program isn't just for supporting projects; it also rewards our users. Users earn rewards for every successful participation in "Hot Offer" campaigns. This means the grant program boosts the number of users per campaign, increases the number of campaigns, and enlarges the reward for each campaign. Essentially, it benefits both projects and users in the Magic Square community.
Magic Square takes care of everything needed for a campaign, ensuring it runs smoothly and effectively. We use our wide user base and key opinion leaders (KOLs) to meet campaign goals. There's no need for projects to integrate anything upfront for these campaigns, making it very easy to start.
Grants act as extra benefits on top of the campaign budgets. They provide additional users and reduced fees for the projects. This makes Magic Square an attractive platform for developers focused on user acquisition, engagement, and retention, especially those with limited budgets who are cautious about prepaid services.
Magic Square is working on introducing new features to enhance its platform. These updates include RTB (Real-Time Bidding) Advertising, which will allow for more efficient ad placements, and DeFi Aggregations, simplifying the use of financial services on the platform. Additionally, a Perks Section is coming to reward users, alongside a Launchpad feature to support the debut of new projects. An exciting part of these developments is that grants will help subsidise the fees for these services, making them more affordable for projects.
Magic Square is launching a special "Road-to-IDO" campaign for projects that are preparing for their launch. This initiative aims to increase the projects' visibility on social media, attract more users to the platform, and build a community of token holders and investors. Magic Square will handle all aspects of these campaigns, from their creation to management, taking the marketing burden off the project developers. These campaigns will be supported by grants, reducing costs for the projects involved. The primary goal is to create a supportive community that will contribute to the success of these projects, especially in achieving a successful launch on top-tier exchanges.
To take advantage of the Magic Square Ecosystem Grant Program, including free project listing on the Magic Store and participating in "Hot Offer" campaigns, please use the application links provided:
To initiate the process of listing your project for free on the Magic Store, please use the following Application Link to access the contact form. This is not the actual listing form but a preliminary step to get in touch and start the listing process. Click here.
To apply for a grant, please use the following Application Link. Click here.
Magic Square is dedicated to helping Web3 projects grow and succeed with our advanced platform and generous grant program. We offer tools and financial support to help these projects achieve their goals and make a mark in the digital world. Our goal is more than just providing a place for listings; we want to help spark new ideas, build strong communities, and bring exciting projects to life in the Web3 space. By offering our support and resources, Magic Square is working towards a future that's more open, decentralised, and full of opportunities for everyone.
