Magic Square Info
Explore $SQR Tokenomics powering Magic Square, a community-driven Web3 platform for discovering, validating, and monetizing top-tier crypto apps seamlessly.
- Ticker
- $SQR
- Listing Price
- $0.1
- Total Supply
- 1,000,000,000
- Niche
- DeSoc
- Others
- TGE Date
- 2024-01-10
- Website
- https://magi...uare.io
Tokenomics
Audit
Audited
Information
Tokenomics Rating
- Rank
- #1471
- Percentile
- Top 79%
Tokenomics Information
Allocation Distribution
- Category Score
- 38.85out of 100
- Percentile
- Top 79%
Allocation Distribution Indicators
Distribution Fairness
Distribution Fairness Benchmarks
Deviation from Best Performers
- Category Score
- —out of 100
- Percentile
- —
Governance Indicators
Token Power
- Category Score
- 43.63out of 100
- Percentile
- Top 51%
Inflation Indicators
Emission Type
Inflation YoY
- Category Score
- 68.79out of 100
- Percentile
- Top 38%
Supply Shock Indicators
Emission Type
Monthly Supply Shocks
- Category Score
- 35.52out of 100
- Percentile
- Top 54%
Risk of Dilution Indicators
Circulating Token Supply (YoY)
Vesting Release Schedule
- Category Score
- 57.21out of 100
- Percentile
- Top 79%
Valuation Indicators
Valuation Comparison
About Magic Square
Magic Square is a decentralized, community-driven Web3 platform where users can seamlessly discover, validate, and experience high-quality crypto applications. Empowered by $SQR tokenomics, Magic Square creates an integrated ecosystem through its three primary components: Magic Store, Magic Spaces, and Magic Connect. These elements promote a unified interface that enhances user experience (UX) and broadens participation for crypto developers, users, and validators. The Magic Store serves as a marketplace for community-vetted blockchain-based dApps, while Magic Spaces personalize app interactions within a user’s ecosystem. Magic Connect, utilizing secure SSI credentials, manages user login and secure interactions across all applications. Validators within the ecosystem perform a critical role by evaluating and voting on new dApps, ensuring a curated selection of innovative and trusted applications. $SQR, the platform’s native utility token, powers its governance and economic model. Developers utilize $SQR to propose dApps, paying Validators who assess their quality and vote on their inclusion in the Magic Store. This on-chain voting mechanism upholds the principles of decentralized governance by ensuring decisions are community-driven, free from centralized intervention. In addition to governance, $SQR tokens enable creators and service providers to promote their applications by bidding for premium ad space within the Magic Store. A referral system further integrates $SQR’s utility, allowing developers to create token pools that reward users for referring others to their dApps, driving user acquisition through community engagement. Magic Square positions itself as the gateway for high-quality, trusted crypto applications, offering developers transparency and monetization opportunities while empowering users with easy access and secure engagement. Built with Web3 ideals, Magic Square’s $SQR tokenomics pave the way for a self-governing and sustainable platform bridging users, developers, and validators. Learn more about how $SQR creates value and fosters innovation at [Magic Square](https://magicsquare.io/).