How Magic Launchpad Made It Happen: From Zero to $1.1M

At Magic Square , we’re all about bringing innovation to the Web3 space. Our latest success? The Early Access Token Sale (EATS) for Storm Trade on Magic Launchpad. The results exceeded expectations, raising $1.1 million—20x our initial goal. Here’s how we did it.

Kicking Off the Storm Trade EATS

The Storm Trade EATS began on July 29, 2024, offering our community multiple ways to get involved. But what exactly is EATS, and how is it different from an IDO?

Early Access Token Sales (EATS) let participants buy tokens at a lower price before the official Initial DEX Offering (IDO). Unlike IDOs, where tokens are listed immediately, EATS allows for a later launch and early trading in the OTC marketplace.

💡 Did you know that Magic Launchpad is the only platform offering both FCFS and Pro-Rata rounds? Making sure that everyone—from casual traders to committed community members could participate

Highlights from the Sale

This not only showed the strong demand for Storm Trade but also demonstrated the effectiveness of our Launchpad’s model:

• FCFS Round sold out quickly: The First-Come, First-Served round was highly anticipated and sold out within minutes, demonstrating the strong demand for $STORM tokens.
• Raised 20x the goal: We set out to raise $100,000 in the FCFS Round and $50,000 in the Pro-Rata Round, but ended up bringing in over $1.1 million.
• Turbo Charge feature: Participants boosted their buying power by 500%, securing significantly larger allocations. Additionally, they benefited from receiving refunds in $SQR, which appreciated and potentially increased their overall returns.
• Strong OTC market performance: Post-sale, $STORM has been trading at 2-3.5X the presale price, validating the project's value.

⚡ Turbo Charge is a unique feature that boosts your buying power by 500%! If you deposit $1,000, your allocation is calculated as if you deposited $5,000. Refunds are given in $SQR instead of USDT—allowing you to benefit if the SQR price rises after you choose Turbo Charge.

A Successful On-Chain Example

One impressive strategy during the EATS campaign involved a participant who made the most of the Pro-Rata Pool and Turbo Charge feature, showcasing how to maximize outcomes on Magic Launchpad:

1) Deposited $25,000 into the Pro-Rata Pool with Turbo Charge when $SQR was trading at $0.08.

2) Received a $3,394 allocation in $STORM and a 230,151 $SQR refund at a $0.15 price or $34,522 worth of $SQR for the unallocated amount.

3) Utilized the OTC presale market for further gains, selling the allocation at 2.5-3x the price paid during the token sale.

Your Turn to Succeed

The success of the Storm Trade EATS is a clear example of what’s possible on Magic Launchpad. Whether you’re a project ready to launch or a user looking to get in early on the next big opportunity, now is the time to get involved*. 

👉 Projects: Apply now to launch with us.

👉 Users: Join our community so you don’t miss out on future opportunities.

*Participating in pre-TGE token sales carries significant risks, including the potential loss of your entire investment. Past performance is not an indicator or guarantee of future results. You should do your own research (DYOR) and fully understand the risks involved before participating. The value of tokens can be highly volatile, and there is no assurance of liquidity or that the tokens will gain or maintain value. All information provided here or on our other channels is for informational purposes only and does not constitute financial advice. You are responsible for independently verifying all information before making any financial decisions.