Magic to Accelerate Integration of the Tezos Blockchain with Support from the Tezos Foundation
April 30 2024 - 9:15AM
Business Wire
The Tezos Foundation and Magic, the Wallet-as-a-Service
provider, have announced a groundbreaking collaboration aimed at
revolutionizing the accessibility and usability of Web3
technologies. This strategic partnership will utilize the
pioneering decentralized Tezos blockchain and marks a significant
milestone in the journey towards a more inclusive and user-friendly
decentralized web experience.
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Tezos, renowned for its robust infrastructure, self-amendment
capabilities, and energy-efficient consensus mechanism, is a leader
in blockchain innovation. An integration with Magic's seamless
wallet solution means Tezos-powered decentralized applications
(dApps) can now offer users a frictionless onboarding experience,
eliminating the need for traditional passwords and reducing
barriers to entry.
The integration of Tezos by Magic, supported by a grant from the
Tezos Foundation, addresses one of the most pressing challenges in
the Web3 space – user onboarding and authentication. Magic's
groundbreaking solution empowers users to create wallets
effortlessly, eliminating the need for cumbersome seed phrases,
downloads, or plug-ins. This innovation simplifies the process and
opens doors for developers to craft immersive, user-friendly
experiences. As a result, it paves the way for decentralized
technologies to reach mainstream adoption.
“Magic extending their Tezos support will make it easier for
builders and creators to onboard new users to their dApps," said
Arthur Breitman, co-founder of Tezos. "By combining Tezos' secure
and scalable infrastructure with Magic's intuitive authentication
and wallet solutions, they are helping developers build
decentralized applications that are accessible to a much wider
audience."
Following the integration, Tezos will become one of a small
number of featured chains on the Magic platform, opening up a world
of possibilities for Tezos-based developers seeking to create
innovative and user-centric decentralized applications. With
Magic's developer-friendly SDKs and APIs, builders can seamlessly
incorporate secure authentication into their Tezos-based projects,
focusing on delivering exceptional user experiences without
compromising on security.
“Like Magic, Tezos is security-focused and is onboarding the
masses through trailblazing brands such as Ubisoft. Since day one,
Magic has aimed to simplify the complexities of wallets for a
multi-chain world. Today, we are excited to deepen our integration
with Tezos and to bring our ecosystems together, offering the best
possible user experience to onboard the next billion users to
Web3," said Co-founder and CEO of Magic, Sean Li.
The Tezos Foundation and Magic partnership signifies a shared
commitment to driving the growth and adoption of Web3 technologies.
As the decentralized internet continues to evolve, this
collaboration positions both platforms at the forefront of
innovation, empowering developers to create applications that are
secure, scalable, and user-friendly.
About Tezos
Tezos is an open-source, decentralized blockchain platform that
supports smart contracts and decentralized applications (dApps).
With its unique self-amendment mechanism and energy-efficient
proof-of-stake consensus algorithm, Tezos provides a secure,
scalable, and evolving infrastructure for developers to build the
future of decentralized technology.
About Magic
Magic enables businesses of any size to realize the
extraordinary benefits of Web3 without the stress. Magic offers the
industry’s most popular and battle-tested Wallet-as-a-Service, plus
a range of essential NFT capabilities. Magic has experienced
explosive 300% YoY growth since 2018. With more than 31 million
wallets created, Magic is embraced by over 170,000 developers and
brands like Mattel, Macy's, Forbes, Helium and WalletConnect.
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version on businesswire.com: https://www.businesswire.com/news/home/20240426960600/en/
For media inquiries contact: Sara Moric at sara.moric@trili.tech
Benjamin Robertson at benjamin.robertson@trili.tech or Alex Long at
alex.long@magic.link