Web3 app store Magic Square launches $66 million funding program
Web3 app store Magic Square is using $66 million worth of native SQR tokens to fund projects listed on its platform. According to their announcement, the ecosystem funding plan includes 120 million SQR tokens, equivalent to 12% of the total token supply. These grants will help fund initial marketing costs for selected applications and games, helping them increase their visibility on the platform and connect with their target audience.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump token ‘sets the tone’ for new era
Trump’s token is setting the “tone” for crypto, Empire co-host Santiago Santos said
Is World Liberty Financial actually Trump’s strategic crypto reserve?
World Liberty Financial has been busy buying crypto ahead of its launch
D.O.G.E. comes into effect by order on Day 1 of Trump Office
Ripple vs SEC: John Deaton Says SEC Appeal Likely to Fail
Deaton believes that the appeal of the SEC is weak. In the past, Judge Torres decided that the SEC did not meet certain requirements.