Magic Square offers a great platform where users can discover crypto apps. This unified, integrated, and interoperable space offers only community-vetted applications that are trustworthy and secure to use. Moreover, thanks to this project, crypto app developers will have the opportunity to market and monetize their products.

The company ensured that its platform covered all the UX bases. Magic Square is well-diversified, providing various services. For example, there’s the Magic Store that enables customers to find the highest quality cryptocurrency apps. The latter comes with built-in integrated Defi, which is a huge benefit. Besides, people will be able to sign in to all of their apps easily. They will only need an SSI-secured Magic Connect to gain access to their personalized Magic Spaces.

In addition, Magic Square boasts a strong community. Thus, developers and creates will have the opportunity to discuss their ideas and collaborate. They may create exciting new apps together or exchange their opinions about the potential of existing ones.  

The company also created the platform’s native utility token, SQR. It will launch the ICO sale on September 26, 2022. SQR is an ERC20 token. Its price will be 0.075 USD during the initial coin offering. The total supply of tokens is 1,000,000,000, but only 15,5% is available for purchase at this stage. The team wants to raise $80,000 and will accept USDT in exchange.

Moreover, the company offers the Magic Store, which is one of the most important elements of the project. According to the team, there will be multiple working elements dictating the communication between lots of moving parts within this store, the chief elements being app developers, users, and validators. The latter will vote on the entrance of new applications into the Magic Store.

What services will the Magic Store offer? 

The Magic Square team noted that its app store would provide two independent services. These are a gateway service and an application download service. The latter will be responsible for storing and managing various apps, while the first will receive requests from the users and passes them to customer service. The company wanted to make sure that the platform won’t suffer any crashes due to a large number of users. So, it decided to run the app download and gateway on two separate servers. Thanks to such an approach, the store will work faster, without any hindrances that are usually annoying. 

While using this platform is quite simple, users will still need to take several steps if they want to list their app on Magic Square. First of all, they must send the request. The HTTP server will receive it (it’s running on node-1 – first server). Then it will forward the incoming request to the gateway service. The latter does the processing and matching. It also translates the customer’s request into the listApps action.

Afterward, the request will go to NATS, at last successfully reaching node-2 (the second server) in the app’s service. The latter will then execute the listApps action, returning a list of all available applications for the end-user to receive a response.

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