Magic Square, backed by Binance Labs, has unveiled Magic Launchpad, a groundbreaking decentralized fundraising platform designed to foster the growth of early-stage Web3 projects. This innovative platform promises a fairer and more inclusive opportunity for small-cap investors, ensuring a broader user base can participate in promising projects.

Magic Launchpad distinguishes itself from traditional IDOs with unique allocation strategies that consider user activity and contributions to the Magic Square ecosystem. This approach enables a more comprehensive and community-driven fundraising experience. With a rigorous application process, the multi-chain platform aims to present high-quality projects, providing fair access to investment opportunities and allowing projects to compete on equal terms.

The platform's founder and CEO, Andrey Nayman, emphasizes Magic Launchpad's goal of redefining how early-stage projects raise funds and gain support in the Web3 ecosystem. By deeply integrating with Magic Square's existing infrastructure, projects raising funds through Magic Launchpad will not only secure capital but also build a broader community. Users will stake SQR tokens to earn SQRp points, determining allocation sizes in project launches requiring points.

A notable feature of Magic Launchpad is the Road-to-IDO campaign, held before each IDO, allowing users to interact with the projects' community and platform before launch, earning token rewards. Storm Trade, a groundbreaking permanent DEX on the TON Blockchain, will be the first IDO on Magic Launchpad, offering trading with up to 50x leverage across various markets. To celebrate the launch, Storm Trade has allocated 5,000,000 STORM tokens for the Road-to-IDO campaign. With Magic Launchpad, Magic Square addresses user acquisition challenges, increases participation, and offers a rewarding, community-focused experience.