Comprehensive Guide on Earning with Magic Store
Welcome to the comprehensive guide on how to maximize your earnings with Magic Store. In this guide, we’ll walk you through the process of getting started, verifying your account, completing Proof-of-Humanity, and earning $SQR rewards.
Opening an Account on Magic Store
To begin your journey with Magic Store, you’ll first need to create an account. Follow these steps:
Visit the Magic Store Website
Go to Magic Store’s main page by typing “magic.store” in your web browser’s address bar and pressing Enter.
Registration.
There are several ways to register your account:
- Metamask: If you’re using EVM, install the Metamask extension on your browser and create a new wallet or access an existing one. https://metamask.io/download/
- OKX Wallet: Install the OKX Wallet extension, then create a new wallet or log in to an existing one.
- Wallet Connect: Connect using your favorite wallet. If you’re on mobile, scan the QR code. If you’re on a desktop, select your wallet. https://walletconnect.com/
- Google: Log in with your Google account by clicking the Google option
- Email. Register using your email address by clicking the Email option and following the instructions sent to your inbox.
- Telegram: Enter your phone number and follow the prompts in Telegram to register.
- Discord: Authorize Magic Bot to access your Discord account.
- X: Click ‘Authorize App’ to proceed with the registration process.
Verifying Your Account
Set Up Your MagicID
After registering your account, it’s time to set up your MagicID:
Navigate to Settings
Click on your Account Icon, then select Settings.
Edit Your Personal Information
Fill in your username, display name, email address, and profile description.
Link Your Social Accounts
Link your accounts to MagicID using the same methods as for the first connection to the site.
Connect Your Wallet
Choose your preferred wallet and sign the signature request to connect it.
Completing Proof-of-Humanity
Proof-of-Humanity is a crucial procedure aimed at ensuring that users interacting with the platform are genuine individuals rather than bots or fraudulent entities. This process helps maintain the integrity of the Magic Store ecosystem and ensures that rewards are distributed fairly to legitimate users.
Purpose of Proof-of-Humanity
The primary purpose of Proof-of-Humanity is to verify the identity of users on the platform, thereby preventing bots and fraudulent accounts from accessing rewards and incentives. By requiring users to prove their humanity through various verification steps, Magic Store can maintain a trustworthy and secure environment for all participants.
Steps Involved in Proof-of-Humanity
Gitcoin Passport Verification
- To complete Proof-of-Humanity, users need to have a Gitcoin Passport with a minimum of 18 points.
- Log in to your Magic Store account and navigate to your profile settings.
- If you already have a Gitcoin Passport, click on the “Verify” button to sync your account. Ensure your score is at least 18 points.
- If you don’t have a Gitcoin Passport, click on “Get Gitcoin Passport” and then accumulate at least 18 points.
Getting enough points for a Gitcoin passport isn’t a breeze, but it’s doable. First up, connect your Google, Discord, Github, Twitter (X), Linkedin, and Lens accounts.
Then, you gotta make at least one transaction on ZkSync Lite and Era, buy an ENS domain, be part of over 5 guilds and have more than 15 roles, vote on 2 or more DAO proposals, own at least 1 NFT, stake a minimum of 5 GTC on Ethereum, and verify your activity there.
Alternatively, you can prove your participation in Gitcoin Grants rounds. Some partner services also give points for proving your identity using things like government ID, TrustScan Non-Sybil Account, BrightID, Proof of Humanity, Civic, Idena, Gnosis Safe, PHI, Confirm Your Coinbase Account & Onchain Identity.
And don’t forget, some stamps have an expiration date, so keep them updated!
Amazon Liveness Test:
- Liveness Verification is a quick and free process that confirms your identity through facial recognition.
- Go to your profile settings on Magic Store.
- Click on the “Liveness Verification” button and enable camera access.
- Scan your face, ensuring you’re a real person.
Upgrading to Magic Membership
Benefits of Upgrading:
- Increased Karma Points: Higher membership tiers yield additional Karma Points for each action within the Magic Store.
- Access to Premium Features: Unlock exclusive features and perks available only to Magic Members.
- Priority Support: Receive priority assistance from the support team for any queries or issues.
- Enhanced Reputation: Upgrade signals commitment and investment in the Magic Store ecosystem, enhancing your reputation among peers.
Steps for Upgrading
1. Log in to Your Magic Store Account.
2. Navigate to Your Profile Settings.
3. Click on the “Magic Memberships” Tab.
4. Deposit $SQR to Your MagicID to cover the desired Membership Plan.
5. Choose Your Membership Tier (Plus, Premium, Premium Plus).
6. Upgrade to the Selected Membership Tier.
7. Enjoy the Benefits of Your Upgraded Membership.
Maximizing $SQR Earnings
Maximizing your $SQR earnings requires strategic utilization of available features and actions within the Magic Store. This section outlines effective strategies for earning the most $SQR daily.
Strategies
Participate in Hot Offers
Claim Hot Offers to earn significant Karma Points. Combine with Magic Memberships for additional rewards.
Refer-a-Friend Feature
Invite friends to join the Magic Store and earn Karma Points when they complete the Proof of Humanity verification and accumulate 500+ Karma Points.
Engage in Voting
Submit votes for projects to earn Karma Points. Optimize by voting during off-peak hours for better chances of earning.
Regular Login
Claim daily rewards by logging in to the Magic Store regularly. Ensure consistent engagement to maximize earnings.
Upgrade Magic Membership
Upgrade to higher membership tiers for increased Karma Points from each action within the platform.
Combine Actions
Combine different actions with Magic Memberships to amplify Karma Point earnings. For example, earn extra Karma Points for completing Hot Offers or referring friends with higher-tier memberships.
Magic Swap
For every token swapped to $SQR, users earn 0.25 Karma Points for each $1 swapped, with a daily limit of 5000 Karma Points. Swapping between other tokens earns 0.1 Karma Points for each $1 swapped, with a daily limit of 2500 Karma Points. No Karma Points are earned for swapping from $SQR. The total daily Karma Points cap is 7500.
Participate in giveaways, events, and partnership campaigns, follow social networks, where you’ll find out everything faster than anywhere else.
Conclusion
By strategically leveraging the features and benefits offered by the Magic Store, users can optimize their Karma Points earnings and maximize $SQR rewards. Regular engagement, combined with upgraded Magic Memberships and smart utilization of available actions, can significantly enhance earnings potential within the Magic Store ecosystem.
Risk Disclaimer
Investing in cryptocurrency assets involves significant risks, including the potential loss of your investment. The provided information should not be considered financial advice. Market conditions can change rapidly, and the performance of any investment is subject to fluctuations. Users should thoroughly research and consider their financial situation and risk tolerance before engaging in any investment activities. Always consult with a financial advisor if you are unsure about any investment decisions.
Some images were taken from the official Magic Square gitbook https://docs.magic.store/
Useful links
https://magic.store/ref/LUoh3HKPQTYfzDxTHMLjrR
https://twitter.com/MagicSquareio
https://discord.gg/magicsquareio
https://t.me/magicsquare_announcements
https://magic.store/magic-swap
https://zealy.io/cw/magicsquare-sqr-engage-to-earn/questboard
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