How DeFi is Paving the Way to a Bright Financial Future ￼
Decentralized finance (DeFi) is slowly but surely replacing the need for traditional financial institutions.
From social media to messaging, gaming to productivity, news to entertainment, health to leisure, and everything in between. There is an app for almost every thing in your life.
But it doesn’t stop there.
Thanks to the emergence of blockchain technology, an entirely new industry of apps is being developed. Blockchain-based apps are not merely a trend – they’re here to stay.
You may wonder where people can easily discover, manage, and access the millions of crypto apps. And, when it comes to developers, who is helping them develop, monetize, validate, deploy and market their crypto apps?
Apple’s App Store and Google Play host a few of the most popular crypto apps, like Crypto.com, Coinbase, and Binance, but nothing less-known or truly decentralized.
A simple google search, “where to find crypto apps” reveals websites featuring the “top 10 crypto apps”, and “the best crypto apps of 2021”, but an exhaustive list of apps can’t be found this way.
Dapp.com is a resource to find crypto apps, but it’s not an app store to download and use apps. It’s just a list with links to the external app websites.
DappRadar is another resource to discover, track, and compare crypto apps, but again, there is no way to launch apps internally.
Furthermore, neither of these platforms uses a system of community validation to ensure that featured apps are secure.
Good news for app users and developers, there is finally a true app store for crypto:
On the Magic Store users can discover community-vetted crypto apps. The store is highly searchable through a multitude of filters and categories, and users don’t even need to download apps they want to use.
Instead, users add apps to their Magic Spaces, a personalized dashboard to organize and launch apps. Users connect to all their apps via a single SSI secured login and then select apps to open within their Spaces.
This means that users no longer need to pop in and out of different tabs and logins to access their apps: all wallets and credentials now exist under the Magic Square umbrella. For added convenience, users can access Spaces across all of their devices.
The crypto app store that we have all been waiting for is finally here. Now let’s sit back and see how the Magic Store changes how we interact with crypto.
It’s clear that the advantages and potential of Magic Square are far-reaching. We are excited to share updates on the development of our exciting project right here on our blog. Our blog will also give you a window into the latest crypto news, crypto tips, tricks, and some foundational crypto knowledge. So, be sure to stay tuned, and join our community!