New Opportunity: Magic Square Reveals $66M Grant Program for Web3 Projects

Wednesday, 6 March 2024, 16:09

Magic Square, a Web3 app store, announces a $66 million grant program in SQR tokens. The program aims to fund projects on the platform, offering visibility and engagement benefits alongside market insights and user rewards. Backed by major investors, Magic Square's initiative represents a significant opportunity for Web3 developers and users.
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New Opportunity: Magic Square Reveals $66M Grant Program for Web3 Projects

Magic Square Web3 App Store Unveils $66 Million Grant Program

Magic Square, a Web3 app store, revealed $66 million worth of its native SQR token (12% of the total supply) for grants benefiting projects listed on its platform as per the information shared with Finbold on March 6.

Grant Eligibility and Benefits

  • Projects listed on Magic Store are eligible for grants, which are free to the listing process.
  • Grants support marketing expenses for apps and games, enhancing visibility and user engagement.
  • Participation in campaigns allows users to earn rewards and amplify engagement, creating a win-win scenario for projects and users.
  • Grants provide additional bonuses, attracting developers with budget constraints or reservations about prepaid services.

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