Magic (magic.link) is a verified industry leader in Web3 onboarding, having raised over $80M (Series B led by PayPal Ventures) with 20M+ unique wallets created. While the submission text itself was low-effort and lacked detail, the verifiable external traction, enterprise adoption (Mattel, Macy's), and critical utility of the infrastructure warrant a high score comparable to established tech unicorns. The score is penalized slightly due to the poor quality of the submission response.
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Score Breakdown
Project Details
Algorithm Insights
Recommendations to Increase Usefulness Score
Document User Growth
Provide specific metrics on user acquisition and retention rates
Showcase Revenue Model
Detail sustainable monetization strategy and current revenue streams
Expand Evidence Base
Include testimonials, case studies, and third-party validation
Technical Roadmap
Share development milestones and feature completion timeline