Magic Square, Backed by Binance Labs, Acquires Token Launchpad TruePNL
For an unknown amount, Magic Square, a web3 app store that is backed by Binance Labs and other investors, purchased TruePNL, a token launch platform.
What is Magic Square?
Magic Square, a cryptocurrency app store founded in 2021, provides consumers with a single place to explore a variety of web3 applications. According to Nayman, the shop uses a “community-driven validation system,” which means that before to being featured, each project must be approved by the community.
Users that engage with the Magic Square platform are rewarded with SQR tokens. “Users earn ‘Karma points’ for actions, with the potential to earn daily rewards from a 10,000 SQR rewards pool,” Nayman said. He also said that users who interact with the store’s advertising initiatives get rewards.
What do you think about Magic square?
Note🚨: this is not a financial advice, DYOR
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