• Language & Exchange Rate Switch
  • Preference Settings
    Rise/fall colour
    Start-End Time of the Change
Web3 Exchange
Gate Blog

Your Gateway to crypto news and insights

Gate.io Blog Gate.io Labs Invests in Magic Square, World’s First Crypto App Store

Gate.io Labs Invests in Magic Square, World’s First Crypto App Store

26 September 16:39

Magic Square announced today that Gate.io Labs has made a strategic investment in the project, marking
Gate.io's ongoing efforts to support promising blockchain projects globally. With this investment, Magic Square will further bolster its digital presence across continents and build an authentic community worldwide as it builds a holistic ecosystem with extensive support from Gate.io Labs and other backers.

Established in 2013, Gate.io is one of the oldest, leading cryptocurrency exchanges offering products and services to over 10 million users worldwide. Gate.io Labs, the venture capital arm of Gate.io, is focused on investments in decentralized infrastructure, ecosystems, and applications that will reshape the world in the digital age.

Magic Square is a one-stop platform for all crypto user needs. Its mission is to bridge the gap between developers and users, so everyone from beginners to experts can have access to the world of blockchain apps, games, NFTs, CeDeFi, and more. The ultimate goal is to become the main discovery point of all crypto applications.

The Magic Store is the core product of Magic Square. The multi-dimensional platform is integrated with DAO mechanisms, where the community vets, ranks, and prioritizes the apps, enabling users to discover applications safely, and incentivizing developers to continuously improve their offerings with a transparent and fair ranking system.

"Gate.io Labs is thrilled about this collaboration with Magic Square and how it will shape the future of web3. We believe the platform that prioritizes users will emerge as a new star in the crypto space while working toward the same objective," Gate.io Labs commented.

Andrey Nayman, Co-Founder & CEO of Magic Square, said "The future is here. We are super excited that Gate.io Labs, with other industry leaders like Binance Labs, KuCoin Labs, and Republic Capital are all coming together to transform the crypto experience with us."

Click and Access Gate.io in Restricted Areas

Article Source: cryptonews
Disclaimer: The views and opinions expressed in this article are solely those of the author and do not constitute any investment advice.

Unbox Your Luck and Get a $6666 Prize
Register Now
Claim 20 Points now
New User Exclusive: complete 2 steps to claim Points immediately!

🔑 Register an account with Gate.io

👨‍💼 Complete KYC within 24 hours

🎁 Claim Points Rewards

Claim now
Language and Region
Exchange Rate
Go to Gate.TR?
Gate.TR is online now.
You can click and go to Gate.TR or stay at Gate.io.