Magic Square is launching a new campaign to incentivize its community. The campaign offers a reward of $750,000 in $SQR tokens to its members. The initiative, named engage-to-earn, starts today, February 12, and will distribute 1.5 million $SQR tokens to the participants.
The following is a description of an exciting initiative hosted by the community engagement hub, Zealy. To participate, individuals should sign up as Magic Store Members and stay actively engaged. The initiative offers a reward system that includes a daily giveaway of 10,000 $SQR tokens. These tokens will be awarded to users based on their daily Karma scores in comparison to others. So, the more actively engaged you are, the higher your chances of winning.
Join, Engage, Earn
This campaign is not for everyone. It is designed for those who are willing to delve deeply into the Magic Store Web3 App Store and actively participate in the listed projects. If you wish to participate, you must have a Premium or Premium Plus Membership, which will require you to lock away 200 or 500 $SQR tokens, respectively. However, you can unlock those tokens at any time and revert to a Free Member status while still enjoying the benefits of your contributions.
Andrey Nayman, Co-Founder and CEO of Magic Square said: “Launching this campaign is more than just rewarding our community; it’s about setting a new standard for engagement and investment in the web3 space. We’ve designed this initiative to not only benefit our active members but also to strategically enhance the value proposition for our token investors.”
“By increasing membership and locking tokens out of circulation, we’re directly influencing the supply-demand dynamics, aiming to positively impact the $SQR token. This campaign embodies our commitment to innovation, community growth, and the sustained success of Magic Square and its stakeholders.”
Magic Square, backed by the heavyweight Binance Labs, is not just another web3 platform. It’s a gateway to an expansive universe of games and apps, all while rewarding users who help enrich the ecosystem.
A Game-Changing Campaign
With $750,000 on the line, Magic Square is setting a new standard in how community engagement and rewards are approached in the web3 space. This campaign is a testament to their commitment to innovation, community growth, and the long-term success of both Magic Square and its dedicated members.
Keep your eyes peeled for more thrilling updates from Magic Square as they continue to push the boundaries of what’s possible in the web3 domain.