19 May, 2022
Magic Protocol aims to create a powerful
decentralized protocol that will enable the decisions made by Magic Dao to be
Among these decisions, Magic Dao will also
be able to create protocols similar to decentralized investment funds that can
replicate market trends, or that can have the structure of real indexed funds
or that can be managed by worthy users with proven ability in the management
and choice of the most performing tokens.
The value proposition that Magic DAO may
decide to implement is simple: with Magic protocol users will be able to buy
and invest in all projects and tokens operating in the Ethereum ecosystem and
the Binance Smart Chain and in perspective with tokens compatible with ERC20
standards (such as those that travel on Avax, Polygon Matic, Solana, and even
Polkadot) in a safe, fast, and saving way.
All of this will be done by diversifying
one's portfolio to contain the risk traditionally associated with the crypto
world to be reasonably certain of betting on the next "unicorn."
If the Magic DAO will
want, with Magic Protocol it will be possible to buy real indices of the user's
preferred sectors, such as defi projects, lending, staking, etc. in a single
transaction and directly from one's wallet, or it will be possible to entrust
the diversification of personal funds to whoever will prove to be the best
manager on the market in a transparent, verifiable and trustless way.