Magic Square Announces KuCoin Labs as New Strategic Investor to Build A Leading Crypto App Store
We are pleased to introduce KuCoin Labs as our newly joined strategic investor.
KuCoin is one of the leading IDG-backed crypto exchanges with its extended investment arm to empower aspiring blockchain projects. KuCoin Labs has diversified investments into various early-stage projects with a goal to help builders achieve sustainable growth and success in the decentralized world. The initial investment from KuCoin Labs will bring Magic Square the scalability and resources to further flourish as a leading crypto app store.
“We are delighted to join Magic Square and explore more Web3 solutions for all, which provides an easy-to-use platform to step into the Crypto world. With its unique community-driven mechanism, there will be more and more qualified dApps that will be listed in Magic Square and deployed in Web3,” Jonathan Zhong, Lead researcher of KuCoin Labs commented.
Magic Square created not just a decentralized solution for crypto apps but also the Magic Affiliates program to support developers in every step of the way — maximizing app exposure and marketing efforts within the ecosystem and beyond with a full spectrum of resources. Stay tuned for more exciting news!
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.
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