Magic

Magic

Software Development

San Francisco, California 15,650 followers

Web3 onboarding simplified: create instant web3 wallets with a web2 login. We’re hiring!

About us

Magic is an SDK that enables companies to create instant web3 wallets with a web2 login (email, social) to optimize user conversion on their app. Our solution abstracts away the complexities of wallets and removes the need for seed phrases, browser extensions, or downloads. With enterprise-grade security and reliability, Magic gives companies peace of mind as their apps scale, all with just a few lines of code. At Magic, our mission is to onboard a billion users to web3 by helping companies break down barriers to adoption.

Website
https://magic.link
Industry
Software Development
Company size
11-50 employees
Headquarters
San Francisco, California
Type
Privately Held
Founded
2020

Locations

  • Primary

    396 Townsend Street

    San Francisco, California 94107, US

    Get directions

Employees at Magic

Updates

  • View organization page for Magic, graphic

    15,650 followers

    We’re excited to join as partners for the “Build the New Internet” virtual hackathon with WalletConnect. With $50K+ in bounties and 4 tracks, this is your chance to innovate with AppKit’s latest features 🔥 Ready to build for the new internet? Register today 👉 https://lnkd.in/e-BxFQJS

    View organization page for WalletConnect, graphic

    9,669 followers

    📢 Announcing "Build the New Internet" (Aug 2-Aug 18) A UX-focused virtual hackathon for builders focused on making the new internet usable 🫡 → $50K in bounties → 4 tracks → Hosted on Devfolio In partnership with Coinbase Developer Platform, 1inch Network, Magic, Safe, Build the New Internet aims to empower developers of all levels to build apps utilizing AppKit's latest layered features. Register at: https://lnkd.in/eT67Tjrv Learn more: https://lnkd.in/eYs45RKg #web3hackathon #virtualhackathon #newinternet

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  • View organization page for Magic, graphic

    15,650 followers

    📣 Announcing: Login with Farcaster 📣 Yes, we heard you! Your users can now log into your app with Farcaster. This is available with our customizable embedded wallet UI or without UI for a white-labeled user experience. Check out our docs to learn more about how to implement this by adding a simple extension to your Magic constructor 👇 https://lnkd.in/gKww_qcc

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  • View organization page for Magic, graphic

    15,650 followers

    Want to give a major shoutout to our client, COMMON! 📣 COMMON is an onchain governance platform that provides a unified hub for communities to discuss, vote, and fund initiatives. Leveraged by teams like 1inch Network and LayerZero Labs, Common empowers users to have a voice in the projects they care about. By leveraging Magic's embedded wallets, Common ensures users can securely and easily participate in governance activities without the hassle of managing multiple wallets or keys. This integration enhances user experience, making participation straightforward and secure. 🔐

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  • View organization page for Magic, graphic

    15,650 followers

    Magic is thrilled to announce our integration with Sei Network 🚀 Sei Network's parallelized EVM offers unparalleled transaction speed, scalability and robust security for developers looking to build DeFi dApps. By integrating with Sei Network, we are excited to empower Sei developers to offer frictionless onboarding & best in class wallet experiences for their users. Start building on Sei with Magic’s wallet infrastructure 👉 https://lnkd.in/eBzF_waf 

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  • View organization page for Magic, graphic

    15,650 followers

    🚨 PSA 🚨 We’re launching two new pricing plans: Startup and Growth. We’ve created these plans to better meet the needs of our community by bundling features and monthly active wallets (MAWs). --- Here’s a tl;dr on each of the plans: 🛠 Developer: For builders to get all the essential features to onboard users. Includes 1,000 free MAWs and — like all our plans — you can pay as you go for additional wallets. 🚀 Startup: For early-stage teams looking for more MAWs in addition to advanced auth and security features like MFA. 📈 Growth: For growing teams who want more customizations such as custom email templates and support for 3rd party ID providers. 🏢 Enterprise: For larger organizations with specific needs and support for scaled operations. --- For those already building with us, here’s what you need to know: ▪ Supporting your growth: We’ve decreased our billing rate for overages by 50% to offer a rate of $0.05/MAW across the board (previously, 5,000+ MAWs would be billed at a rate of $0.10/MAW). ▪ No disruptions to existing plans: If you are already subscribed to a feature add-on plan or custom enterprise plan, you will remain grandfathered into your subscription. ▪ Free Trials: To give you time to see if these new plans are right for you, we are now offering 30 day free trials for our Startup and Growth plans. --- More info here: https://magic.link/pricing

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  • View organization page for Magic, graphic

    15,650 followers

    We are thrilled to give a major shoutout to our client, Picnic! For those new to Picnic, they simplify the DeFi user experience by offering cross-chain transactions with optimized routes for competitive pricing. Picnic uses Magic wallets to authorize transactions on behalf of users, an approach known as account abstraction (ERC-4337). This enables users to pay gas fees with any supported token, getting an improved user experience that doesn’t sacrifice security. Their platform has expanded to support a total of eight blockchains – Ethereum, Polygon, Binance Smart Chain, Avalanche, Arbitrum, Optimism, Base, and Gnosis. Based in Brazil, this integration enables users to transfer fiat (Brazilian Real) directly via instant payments system Pix to trade over 4,000 cryptocurrencies. Key features include: ♦ Cross-Chain Transactions: Users can conduct transactions across different blockchains with optimized routes and competitive pricing. The platform uses bridging and swapping protocols like deBridge and LI.FI to ensure the most efficient and cost-effective transaction paths. ♦ Gas Fee Payment Flexibility: Picnic uses the ERC-4337 account abstraction standard, allowing users to pay gas fees with any supported token in their wallet, streamlining the user experience substantially. ♦ Security and Token Listing Criteria: The platform lists tokens that meet strict liquidity and market presence criteria, ensuring a safe trading environment. Tokens must be listed on CoinGecko and decentralized exchanges like Uniswap and ShapeShift. ♦ Future Integrations and Expansions: Picnic plans to integrate native Bitcoin transactions and expand its services to Europe. Their goal is to offer competitive pricing for transactions in Euros and other fiat currencies.

    Picnic - Simple crypto baskets

    Picnic - Simple crypto baskets

    usepicnic.com

  • Magic reposted this

    View profile for Marc Baumann, graphic

    Founder & CEO of FiftyOne Ventures | Empowering Web3 Leaders, Investors & Brands

    Peter Thiel just invested $70M into a political betting platform with a 900% increase in volume since January 💥 Here's what's happening: 👇 Over 50% of Interbrand’s Top 100 Global Brands launched NFT activations in the last two years… ... most of them didn’t see sustainable engagement and didn’t generate  any ROI. Brands have recognized this. They moved away from Web3, disappointed by the results. But wait. 🤨 Crypto-native applications are booming and see meaningful adoption: – Activity on DEXs in March was as high as during the DeFi summer in 2021 – Stablecoin supply hit new record highs of $141B, the highest since May 2022 – dApps saw significant growth in TVL over the last months One of these apps is Polymarket, a decentralized prediction market. Users can bet on whether things will happen in the future, like the price of Bitcoin going up or who will win the next election. At the beginning of the year, it saw a
 • 900% increase in monthly volume,
 • a 400% increase in monthly active wallets, • new wallets visiting Polymarket has tripled One of the reasons for that is a significantly easier onboarding flow with Magic (partner of FiftyOne Insights). It’s a Web2 like 2-click-journey for creating an account + wallet, and couldn’t be any easier. No private keys, no complicated wallet set-up. So what? Crypto-native apps will drive the next adoption cycle. While NFT & wallet adoption for consumer brands hasn’t worked, leading infrastructure providers like Magic can help boost user growth of crypto-native apps significantly. Magic is a leader in the Wallet as a Service (WaaS) space, having created more than 31M wallets… … and worked with top projects like Helium, Mattel, Inc., WalletConnect and many more. DM me if you’d like to get a personal intro to Magic. 🔻 Subscribe for more: www.dematerialzd.xyz

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Funding

Magic 4 total rounds

Last Round

Series B

US$ 52.0M

See more info on crunchbase