App stores are marketplaces that allow developers to showcase their games and applications. They also allow you to find and figure out which of these apps and games you would like to use.
It's hard for users to find projects and for projects to find users without such platforms.
Web3 moves fast, making it complicated to keep up with all the newest developments.
From keeping up with Discord to making sure you’re up to date on Twitter and figuring out the project’s roadmap. You need to do a lot of intensive research to judge a project’s worthiness.
Magic Square is the first web3 App Store, hosting ‘community-vetted’ Web3 apps and games.
The platform helps projects get in front of users who vote on the project’s validation. Validated projects are added to the ‘Magic Store’ where more users can find them.
Magic Square has the backing of big names like: Binance Labs, Kucoin Labs, Huobi Ventures, DAO Maker…
Users earn karma points for doing actions like daily login, referring friends, claiming ‘Hot Offers’ (more on this below)... There is a leaderboard which shows each user’s share of the daily pool (100 USDT).
The main and most sustainable way to earn karma points is through validation.
Users vote on projects and earn points.
It’s a straightforward process, done through Snapshot proposals.
It will take 2 mins for the karma points to be credited to your account.
Users can earn karma points and cash rewards for taking part in ‘Hot Offers’. This can be a cashback, like staking $500 on 1inch and getting $35 back.
It can also be a giveaway campaign.
Users will have to complete some tasks to get the reward.
They’re usually all Gleam campaigns.
Magic Boost is Magic Square’s affiliate network. Users can choose the Web3 offer they want to promote and start advertising it.
CPL (Cost Per Lead) options are like the giveaway campaigns in ‘Hot Offers’.
CPA (Cost Per Acquisition) options provide a wider range of offers to promote.
Magic Square recently launched a new community on Zealy.
They will award USDT and NFTs monthly while the 1,000,000 $SQR token prize pool will be distributed after the token launch (expected in Q4 2023).
An app store where you can find all the best games and apps is a great asset for Web3.
Helping grow the projects you’re excited about is valuable for the entire ecosystem.
Magic Square could face the same hurdles as affiliate networks: traffic quality, particularly when it’s incentivized.
We will have to wait and see how they grow and develop.
Don’t have an account yet? Here’s my link.