ChainGPT Pad Hosts the Magic Square Public Sale: Pioneering the Web3 Discovery & Engagement Hub

ChainGPT Pad, recognized as the most popular launchpad in 2023 by CryptoRank, is committed to consistently presenting the most promising startups. We are thrilled to introduce a new IDO, Magic Square, also known as 'The Web3 App Store,' to our passionate community!

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Project Overview: Redefining Web3 with Magic Square

Magic Square is redefining the Web3 landscape, establishing itself as a dynamic Discovery and Engagement Hub that caters to the curiosity and passion of Web3 enthusiasts. Backed by industry titans such as Binance Labs, Republic Capital, Crypto.com Capital, and others, Magic Square has quickly become a beacon of potential in the digital world.

Early Triumph: Magic Square's Impressive Revenue Milestone

The Magic Square platform has already generated over $150,000 in revenue in just three months, demonstrating impressive early success. With its clear vision and proven financial insight, Magic Square is on a trajectory of growth and innovation that ChainGPT Pad is excited to support and bring to our community.

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Addressing Web3 Challenges: A Platform for Everyone

In the very dynamic realm of Web3, Magic Square stands out by addressing critical challenges through innovative reward mechanisms. The platform has orchestrated over 90 campaigns, successfully connecting projects with over 143,000 genuine users, which speaks volumes about its commitment to fostering quality engagement and a robust community.

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Core Features of the Magic Store

The Magic Store is the heart of Magic Square, featuring:

Hot Offers: A gamified experience allowing users to earn rewards and boost project visibility.

Karma System: A reward mechanism that incentivizes engagement and lets users earn $SQR tokens.

Validation Voting: A system empowering the community to maintain high project standards through voting.

Magic Boost: A Web3 Affiliate Network that drives traffic and enhances project discovery.

MagicID: A Decentralized ID that simplifies Web3 onboarding by supporting traditional and blockchain-based login methods.

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Introducing the Tier Membership Program: Elevating User Benefits

The newly unveiled Tier Membership Program is set to amplify user engagement, offering tiers with varying benefits that include investment retention, earning potential, exclusive access, and more. The phased launch begins with a complimentary initial tier, Plus, allowing users to enjoy benefits without any lockin post-TGE for the first three months.

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Achievements and Key Metrics

Investor Confidence: Backing from Binance Labs, Republic Capital, Crypto.com, Capital, Emurgo Ventures, KuCoin Labs, Gate.io Labs, HTX Ventures, GSR, Dao Maker, and other prominent entities.
Community Strength: 38,000+ registered affiliates in the Affiliation Marketplace.
User Growth: A surge to over 3.5M unique wallets and 1M new users in 90 days.
Financial Milestones: Raising $6.5 million across two funding rounds.
Over 95,000 Gitcoin Passport Holders with over 67,000 with a score of 18+.
870+ projects meticulously verified and listed.

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$SQR Token Utilities: Powering the Magic

At the core of Magic Square’s ecosystem lies the $SQR token:

Enabling premium memberships.
Participation in exclusive raffles.
Contribute to user acquisition campaigns.
Bid for targeted advertising bids.
Engage in governance participation through the DAO.

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Roadmap Highlights

Q1 2024: TGE, Proof-of-Work Campaigns, New App Pages, and Governance Voting.
Q2 2024: Magic ID 2.0, DeFi Aggregation, and Enhanced Review Functionality.
Q3 2024: RTB Marketing and Magic Wallet Introduction.
Q4 2024: Mobile App Launch.

Media Partners

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The Team Behind the Vision

The Magic Square team is led by visionaries with vast experiences, with 30+ years in tech giants like Apple, Google and more.

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Andrey Nayman, Ph.D. - Co-Founder & CEO: Entrepreneur, Mathematician, Quant & Professional Investor, an early adopter of Crypto (2013), successfully led multiple technical ventures, and former MD of Radical Ventures. Adamant Product Advocate.
Tote Fernández-Bravo: Director of Partnerships Seasoned Blockchain professional. Expert in analysis, management and execution, closed more than 100 M&A and Crypto deals. Started his career in Investment Banking in 2011 and moved to the Crypto space in 2017.
Michael Landsberger - COO: Seasoned leader with vast experience managing large-scale international organizations in the finance and fintech industries. A true believer and promoter of Transformational Leadership and the ROWE method.
Matan Kelly CFO: Expert in Treasury Management for crypto and fintech firms. CPA with years of experience managing international venture accounting. Deep specialization in the security of financial ecosystems.
Alexandr Gaidai - VP R&D: Seasoned technical leader, Computer scientist and platform developer. Deep knowledge and proven experience in the management of Complex Crypto Projects. Praised for his secret sauce and for creating winning products & technologies.
Nate Holtzman - Head of Sales & Business Development: Blockchain & Web3 expert with multiple years of experience with dApps, DAOs, CeFi & DeFi Projects. Master's Diploma in NLP & Hypnosis, extensive experience in Affiliate Marketing.
Shimon Kogan - CLO: A lawyer with more than 10 years of experience in corporate law, emphasizing online trading, e-commerce, and tokenization. Skilled in Corporate Affairs and regulation, Commercial Contracts (including M&A), Corporate Law Finance and investments.
Anastasija Barbara Isakov - Marketing and Operations: Marketing and business operations wizard, commercially oriented and capable of executing the best practices in refocusing the business landscape to address evolving user expectations through data engineering interventions.
Eugene Kyselov - Blockchain Architect: Engineering Manager and Software Architect passionate about Blockchain and FinTech. Expert in building complex solutions. Launched 6 projects to production! Tech geek. Early crypto adopter (since 2012).

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Tokenomics Breakdown: Building Sustainability and Value

Magic Square’s thoughtful tokenomics focus on long-term success, with team and advisor allocations subject to much longer lockup and vesting periods. These various extended vesting periods and allocations for ecosystem grants, community rewards, and market-making underscore the project’s commitment to building a robust ecosystem.

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Public Sale Specifications

IDO Page: https://pad.chaingpt.org/buy-token/43
Token Name: $SQR
Token Price: $0.10
Total Allocation: $200,000
Network: Binance Smart Chain
Total Supply: 1,000,000,000
Refund Policy: Refund Policy not applicable
Public Sale Dates: Jan 10th, 11 AM UTC — Jan 11th 00 AM UTC
Vesting: 10% Release after the TGE and vesting for 9 Months

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Token Listing on ByBit

Listing Date & Time: January 11th, 10am UTC
Listing Price: $0.1 per $SQR token

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Join Magic Square: Your Gateway to the Future of Web3

In conclusion, Magic Square is not just launching a token; it's unveiling a new chapter in the Web3 narrative, promising a seamless blend of innovation, community, and technology. As we approach the IDO on ChainGPT Pad, we invite you to become an integral part of this journey. Whether you are a Web3 enthusiast, a developer, or simply curious about the future of digital engagement, Magic Square offers you a platform where your contributions and interactions are valued and rewarded.

‍We encourage you to take action, explore our platform, participate in the public sale, and engage with our community. Your voice and your participation are the magic that drives our square. Together, we can push the boundaries of what's possible in Web3 and beyond.

‍Be a part of the revolution. Be a part of Magic Square.

Disclaimer

ChainGPT Pad Inquiries:
Gintare Kairyte: gintare@chaingpt.org

Source:
https://www.chaingpt.org/blog/get-ready-for-some-magic-magicsquares-ido-on-chaingpt-pad