Here’s How Magic Square’s Community Validation System Works

3 min readSep 12, 2022

As a dedicated space for DAO governance and community interaction, Magic Square prides itself on building the safest, most transparent validation system. Every application listed on the Magic Store is validated by a passionate community of crypto users to ensure that only the best, most reliable projects are available to users.

This community validation is what sets Magic Squares apart from traditional Web2 app stores. They check the apps internally and have a vested interest in having the largest selection, Magic Square only allows apps that the community finds valuable.

Any user will soon be able to become a standard validator or apply to become a qualified validator to earn more SQR for their efforts. All validation processes on Magic Square are handled on-chain and within the Community Zone.

How Are Projects Validated & Listed?

Any creator can apply for validation and app listing. They simply need to enter a smart contract worth 10,000 SQR Tokens. These tokens are distributed to the community and to Magic Square:

35% is paid to Validators
15% is paid to Magic Square
50% is staked for the duration of the app’s listing on the Magic Store

Standard Validators

Standard validators don’t need to pass any sort of qualification test or stake any SQR tokens. Standard validators earn 20% of the app creator’s validator fee and up to 200 standard validators will validate each app and share the reward.

Qualified Validators

The remaining 80% of the validation fee is awarded to qualified validators — up to 50 of whom validate each app and share the reward. In order to become a Qualified Validator, it is necessary to pass a qualification test to demonstrate a level of knowledge adequate to do the job and stake 5,000 SQR tokens.

Nominees

It’s also possible for Qualified Validators to transfer their validating rights to Nominees. Nominees must pass the qualification test, but do not need to stake SQR. For their efforts, Nominees receive a portion of the reward that is approved by both sides. However, only a single nominee can be nominated for each validation process.

How are Validators Vetted?

To encourage community involvement and make sure that our validators are compensated for their hard work, Magic Square allocates a portion of the SQR token supply to distribute as prizes for daily, weekly, and monthly challenges. These challenges are reflected in a user’s Magic Karma score.

The more a user engages with the community, the higher their Magic Karma score. This reflects how trusted they are by other users.

What is Magic Karma?

Magic Karma is a personal score that reflects all of a user’s activity and functions like a credit score. Actions such as likes, reviews, downloads, votes, challenges, transactions, staking, and more are all measured and reflected in a user’s Karma score. The higher a user’s score, the more the community can trust them.

About Magic Square

Magic Square is a decentralized solution that simplifies Crypto.

Users can discover dApps, CeFi and DeFi, NFTs, Games, and much more in one place with an intuitive design.

The Crypto App Store is a Web3 solution where the community vets, ranks, and prioritizes the apps via a DAO mechanism with clear earning metrics to incentivize the participation of validators, creators, and users.

Users can access all of the community vetted content with one click using the MagicID (Decentralized ID). This multi-chain wallet solution aims to become the Web3 alternative to Google or Apple connect.