Magic Square Introduces Republic Capital as Strategic Investor to Reshape the Future of Crypto
We are excited to introduce Republic Capital as our strategic investor. Republic Capital’s strategic investment will further enable Magic Square to bring crypto products more inclusively, and realize the vision of a seamless and user-oriented experience in the decentralized world.
Republic Capital is one of the leading Web3 investors with an extensive portfolio of aspiring yet successful companies. The firm has over $959M AUM with capital deployed across 100+ companies worldwide as of 2021. With its in-depth knowledge and expertise, we are excited to open doors for crypto entrepreneurs to grow in the magic ecosystem and beyond with resources and support from Magic Square, and thus promote a better experience for everyone.
“Republic Capital seeks to pursue the perfect meld between infrastructure technology robust enough to stand the test of time while also reaching a broad retail audience for mass adoption. We see Magic Square as an excellent place for the entire dApp industry to gain exposure, enhance discoverability, and absorb dApp users to create an industry-wide super-user base, with the ability to earn stable coins via engagement creates a dominant use-case for user incentives, rewards, and stickiness,” said Andrew Durgee, Managing Partner of Republic Capital.
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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