FAQ
How does Magna work?
Magna operates as a comprehensive token infrastructure platform, providing tools for managing and distributing tokens across multiple blockchain networks. It offers on-chain vesting contracts, tax withholding support, and customizable claim portals to streamline token operations for crypto projects. Magna's infrastructure supports various token-related processes, including pre-launch management, live distribution, and post-launch tracking and compliance.
Is Magna a secure platform?
Magna prioritizes security through the use of audited smart contracts and multi-factor authentication for token transfers and claims. It integrates with trusted custodians like Fireblocks and Anchorage, as well as multi-signature wallets such as Gnosis Safe and Squads, to ensure robust security measures. Additionally, Magna's platform is designed to handle complex vesting schedules and large-scale distributions securely, with support for partial deposits and gas-efficient airdrop infrastructure.
How to use Magna?
To use Magna, projects can integrate the platform at any stage of their token lifecycle, from pre-launch to live distribution. Users can access features like customizable vesting schedules, claim portals, and employee/investor dashboards through Magna's interface or API. Projects can also leverage Magna's white-label solutions to create branded experiences for their stakeholders, manage legal agreements, and automate tax withholdings.
What services does Magna offer?
Magna offers a wide range of services including on-chain vesting contracts, tax withholding compliance, gas-efficient airdrop infrastructure, and customizable claim portals. It provides tools for pre-launch management, investor and employee dashboards, and integrations with custodians and multi-signature wallets. Additionally, Magna supports token and node sale infrastructure, custom vesting schedules, and compliance features across multiple blockchain networks such as Solana, Ethereum, Avalanche, and others.
