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Magic Square, a Web3 app store, revealed $66 million worth of its native SQR token (12% of the total supply) for grants benefiting projects listed on its platform as per the information shared with Finbold on March 6. 
The grants are intended to cover the initial marketing expenses of selected apps and games, helping them enhance their visibility and engagement with their target audience.
At the time of writing, SQR tokens are valued at around $0.55, with a total market capitalization of approximately $550 million.
Backed by Binance Labs and Crypto.com Capital, Magic Square is an app store centered on Web3, boasting a catalog of over 1,100 apps and games and a user base exceeding 3.6 million unique wallets.
Who is eligible for a Magic Square grant?
Only projects listed on the Magic Store are eligible for a grant, and the listing is completely free. 
Magic Store welcomes a wide range of Web3 projects, including apps, games, wallets, exchanges, DeFi, and more. 
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We współpracy z: https://finbold.com/web3-app-store-magic-square-reveals-new-66m-grant-program/