Governance - In order to manage the Magic Store in the true spirit of Web3.0, we have implemented an on-chain voting model using Community Validators to determine which apps to feature.
User Packages - To unleash the full potential of the Magic Store, users need to stake SQR tokens. There are three Staking Tiers available to users:
Stake 150SQR
Unlimited downloads to Spaces
Stake 500SQR
Use to Earn
Referral Rewards
Karma Score
Magic Karma Score > 5000
Stake 1000SQR
25% boost of daily rating early access to all events, exclusive contests, etc.
Ad Space - Creators and service providers who have at least one listed dApp or approved service can promote their services with Ad Space. Creators bid SQR tokens to win Ad Space.
Referrals - Creators can initiate referral campaigns, inviting the Magic Community to refer their friends to use their dApp. In order to do this, the Creators will create a pool of SQR tokens to be distributed as referral rewards.