In this episode, Blockchain Wayne interviews Andrey from Magic Square. They discuss the need for simplification and scalability in the crypto industry, as well as the role of gaming in driving adoption. Andrey explains how Magic Square is focused on building a community and simplifying the crypto experience through their App Store-like platform. They also touch on the launch of the SQR token and the importance of utility. Andrey shares their plans for decentralized infrastructure for hosting and emphasizes the need for simple and understandable documentation. The episode concludes with a reminder that it's not too late to join the crypto industry.
Learn more about Magic Square: https://magic.store/
Learn more about FIO and get your Handle today: http://fio.net/
Takeaways
Simplification and scalability are key challenges in the crypto industry.
Gaming has the potential to drive adoption and bring billions of users to the market.
Magic Square is focused on building a community and simplifying the crypto experience through their App Store-like platform.
The launch of the SQR token was preceded by the development of a working product and utility for the token.
Decentralized infrastructure for hosting is a future plan for Magic Square.
Creating simple and understandable documentation, such as a light paper, is important for user adoption.
Joining the right communities is crucial for protection and finding legitimate projects in the crypto space.
The crypto industry is still in its early stages, and it's not too late to get involved.
Chapters
00:00 Introduction and Background
03:22 The Need for Simplification and Scalability in Crypto
06:36 Building Community with Magic Square
13:08 Getting Started with Magic Square
18:18 Launching the SQR Token and the Importance of Utility
23:45 Decentralized Infrastructure for Hosting
25:06 Creating a Simple and Understandable Light Paper
27:00 Joining the Magic Square Community
28:31 Final Thoughts on the Crypto Industry
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Episode 158: Redefining Seed Phrase Security with Xecret
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