Announcing Magic Square’s ‘Road-to-TGE’ Rewards Program

Adopters Nov 22, 2023

Are you looking for a one stop shop for all of your Web3 apps and games?

Magic Square establishes itself as a cornerstone in the Web3 landscape, designed for discovery and engagement. Through their Magic Store, they not only streamline the discovery of Web3 apps and games but also elevate developer engagement and user retention.

Today, CoinList is excited to invite you to participate in Magic Square’s Road-to-TGE rewards program for a chance to earn from 2,500,000 SQR tokens.

Join now »

Rewards:

A total reward pool of 2,500,000 $SQR tokens, representing 0.25% of the total token supply, has been allocated for the 'Road-to-TGE' campaign participants.

Magic Square has designed a dynamic rewards system tied to a public leaderboard that tracks participants' on-chain activities to determine who earns rewards through their individual efforts and participation. Here’s how the rewards break down:

  • Top 2,000 Participants: A reward pool of 1,000,000 SQR tokens has been allocated for the top 2,000 leaderboard contenders. Your share is directly linked to your rank and points earned via the participant’s efforts in the campaign.
  • Beyond the Top 2,000: An additional reward pool of 1,000,000 SQR tokens has been allocated for participants ranking from 2,001 onwards, ensuring that everyone has the opportunity to earn, not just the top performers.
  • Weekly Rewards & Raffles: In addition to the ongoing competition, 500,000 SQR tokens will be awarded weekly to participants. This includes recognizing the “top performers of the week” and a participation raffle, to encourage elevated enthusiasm and momentum throughout the campaign.

All rewards will be distributed following the mainnet launch and the TGE, with no vesting period or lock-up conditions.

For more information on how to accumulate points please see here »

Eligibility:

There will be no limit to the number of participants; however,users must meet the following criteria to be eligible for rewards and participation:

  • To qualify for the reward, users must complete the tasks and activities outlined in the Rewards section here.
  • Certain jurisdictional limitations apply, as outlined by Magic Square’s terms and conditions and here.
  • Eligible recipients will be required to complete Gitcoin verification to qualify for rewards.

About Magic Square:

Magic Square is dedicated to providing a user-friendly, all-in-one platform for people to discover, use, and connect with community-vetted crypto applications.

Benefits for developers:

  • Exposure: Assists projects in reaching the appropriate audience, extending beyond the constraints of Web2 marketing.
  • Interoperability: Addresses cross-chain and app compatibility, unlocking opportunities for broader user bases.
  • Community Engagement: Provides tools to build and nurture a community, crucial for the success of Web3 projects.

Benefits for users:

  • Simplicity: Clarifies Web3 for mainstream users, ensuring straightforward access and use.
  • Efficient Time Management: Reduces research time for experienced Web3 users seeking to engage with new projects.
  • Trust & Safety: Cultivates a scam-free environment, allowing users to confidently interact with projects.
  • Privacy Advocacy: Promotes an ethos where personal data remains in the user's control, opposing the traditional Web2 practices.

Legal notice

This blog post is being distributed by CoinList Global Services Ltd., dba “CoinList,” or one of its subsidiaries.  CoinList does not provide—and this post shall not be construed as—investment, legal or tax advice. This blog post and use of the CoinList website is subject to certain disclosures, restrictions and risks, available here and here.

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