Magic Square Launches Campaign with $750K Prize Pool to Elevate Web3 App Engagement

Earlier today, Magic Square rolled out an ambitious Engage-To-Earn campaign with a staggering 1.5 million $SQR tokens, worth over $750,000. The team expects this initiative to redefine the parameters of community interaction and rewards within the digital ecosystem.

? We are excited to announce Magic Square’s Engage-to-Earn Campaign! ?

? 1.5M $SQR Reward Pool!
?️ Exclusively for Plus, Premium, & Premium Plus Magic Store Members

Join #MagicSquare now ➡️ https://t.co/se5Q8T9Jp0 pic.twitter.com/EfBhbtYmKx

— Magic Square (@MagicSquareio) February 12, 2024

Rewarding community engagement and loyalty

Magic Square has crafted a unique platform that facilitates the discovery of decentralized applications and rewards users for their active participation and contributions.

Magic Square’s latest campaign, backed by Binance Labs, is hosted by the community engagement platform Zealy. It promises a seamless and rewarding experience for its participants. To partake, individuals are required to sign up as Magic Store Members and maintain active engagement within the store. The campaign utilizes a daily 10,000 $SQR Reward Pool, distributed among users based on their accrued Karma compared to others. This points-based system correlates with each participant’s level of involvement and ensures a transparent distribution of rewards. A notable aspect of this campaign is the implementation of anti-bot measures that guarantee that rewards are exclusively allocated to genuine users.

Andrey Nayman, Co-Founder and CEO of Magic Square, emphasizes the campaign with the following words: “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.”

Nayman’s vision reflects a strategic approach linked to the token’s value proposition that’s also tied to a vibrant, engaged community.

Conclusion

Magic Square’s $750,000 Engage-To-Earn campaign marks a significant milestone in the evolution of community engagement strategies within the Web3 space. The team is not just rewarding its community but also pioneering a new era of digital interaction with its community, and is setting a new industry standard for user engagement and reward systems.