âĻMagic Karma
Magic Karma is a personal score that quantifies all user activity and functions like a credit score.
Last updated
Magic Karma is a personal score that quantifies all user activity and functions like a credit score.
Last updated
Magic Karma is our reward system on the Magic Store. It tracks your contributions and activities. You can earn Karma points by participating in campaigns, claiming offers, and many other ways. A higher Magic Karma score shows how active and trusted you are in our community. It's like your reputation badge in the Magic Square ecosystem.
Build your reputation: Karma serves as a measure of a userâs reputation and reliability within the Magic Store ecosystem. It acts as an indicator of the user's commitment and contribution to the platform.
Building Trust: A higher Karma score indicates a userâs active and positive involvement. This enhances trust among users within the community, as a higher score reflects a history of constructive behavior.
Get Paid with Karma: Accumulated Karma points will grant you a portion of the 1,000 SQRp Daily Pool. Your share will be determined based on the amount of Karma Points you have earned in comparison to others. SQRp points will reflect on the Magic Launchpad Account with the same wallet. Read here on how to claim your rewards.
You can earn Karma points by joining campaigns, claiming hot offers, or completing tasks on the Magic Store. Here's a complete list of how you can earn Karma Points:
The table below will be updated as new actions are added.
Based on the Karma points you earn through your activity on the Magic Store. Each day, a pool of 1,000 SQRp points is available for distribution among Magic Store users. In order to take part in the daily reward pool you must have a Magic Membership. Your share is based on the amount of Karma Points you have earned compared to others.
Karma is updated every 2 minutes. Once an action is made, it will take 2 minutes to reflect in your account!
Scrolling past the leaderboard, you will be able to see Magic Membership History. There are 2 sections that you can explore here: Rewards and Transactions. The Rewards section will show you the karma earned per day and how much SQRp you earned from the daily SQRp pool. The Transactions section will show you your SQR deposits, withdrawals, rewards, and SQRp daily bonuses.
| Action | Score | Comment | Regularity |
|---|---|---|---|
Claim a Hot Offer
2500
Successfully claim a Hot Offer to earn Karma.
Multiple (once per offer)
Vote Submitted
50
Vote for a project to earn Karma.
Multiple (per project)
Sign Up to Magic Store
10
Karma will be earned if you've successfully signed up to Magic Store via wallet or email.
one-time
Verify Email
10
Verify your email to earn Karma.
one-time
Refer a friend
250
Refer a friend and earn 250 karma points after they earn 500+ karma points in their account and complete the Proof of Humanity.
Multiple
Create a Username
10
Create and save your username to earn Karma.
one-time
Daily login to Store
100
The user receives a daily reward for the first login of the day to the Store; subsequent logins are not rewarded.
Multiple (once in 24 hours)
Campaign Participation Reward
2500
Successfully complete a campaign and earn 2500 Karma points.
Multiple
Proof-of-Humanity Verification
300
Successfully passing the Proof-of-Humanity Verification.
one-time
Gitcoin verification
300
Successfully verifying Gitcoin Passport with 18+ Points
one-time
Reward for Joining through a Friend
10
Receive 10 karma points after registering through a friend, completing the Proof of Humanity, and earning 500+ karma points.
one-time
Upgrade from Basic to Plus membership
100
Reward for Upgrading from Basic to Plus membership.
one-time
Upgrade from Basic to Premium membership
250
Reward for Upgrading from Basic to Premium membership.
one-time
Upgrade from Basic to Premium Plus membership
750
Reward for Upgrading from Basic to Premium Plus membership.
one-time
Upgrade from Plus to Premium membership
200
Reward for Upgrading from Plus to Premium membership.
one-time
Upgrade from Plus to Premium Plus membership
700
Reward for Upgrading from Plus to Premium Plus membership.
one-time
Upgrade from Premium to Premium Plus membership
500
Reward for Upgrading from Premium to Premium Plus membership.
one-time
Hot Offer Shared
0.1
Earn 1 karma point for every click generated by sharing a hot offer.
Multiple (per visitor)
Application Shared
0.1
Earn 1 karma point for each visitor you bring from your shared application.
Multiple (per visitor)
Hot Offer Shared and Claimed
250
Earn 250 karma points for every successful claim resulting from your shared hot offer.
Multiple
Social Account Connected
50
Link your Discord, Twitter (X), or Telegram profile and gain 50 karma points for each verified social media account.
one-time
Swap Any Crypto for SQR
1
Earn 1 Karma Points for each $1 swapped into SQR. (Daily Limit: Up to 5000 karma points)
multiple
Swap Between Any Two Cryptocurrencies
0.5
Earn 0.5 Karma Points for every $1 swapped between any two cryptocurrencies. (Daily Limit: Up to 2500 karma points) Note: Swaps from SQR to any other cryptocurrency do not qualify for Karma Points rewards.
multiple
Staking Reward
0.01
Stake X SQR for Y days and earn 0.01 * X * Y Karma Points.
multiple
