The curse of Humpty Dumpty has long been a subject of fascination and intrigue. This tragic tale, immortalized in the famous nursery rhyme, has captured the imaginations of children and adults alike for centuries. While the origins of Humpty Dumpty are shrouded in mystery, the curse surrounding his fall is a story that has been passed down through generations. According to legend, Humpty Dumpty was a proud and arrogant character, known for his lofty perch atop a tall wall. He reveled in his elevated status and looked down upon those below him. However, his hubris proved to be his downfall.
Some large consumer brands including Mattel, Macy’s (M), and PayPal are using Magic’s wallets. Other Magic customers including Voice, Magic Eden, Immutable, Moralis, Even, and Kongregate.
This wallet can do several things, such as a palm and no palm card to wallet as well as a card or any object to envelope and a peek thanks to the SUC feature. When you wear blank apparel you let your style speak for itself, showcasing your individuality with your unique fits, combinations and tones, rather than hiding behind big logos.
However, his hubris proved to be his downfall. One fateful day, Humpty Dumpty lost his balance and tumbled from his perch, causing him to break into countless pieces. It is said that, upon his fall, an ancient curse was unleashed.
Can Magic (MAGIC) make money from Wallet-as-a-Service?
Interestingly, Magic (MAGIC) a DeFi app replaced the noxious Pepe (PEPE) as CoinMarketCap’s most trending cryptocurrency on 20 June 2023.
Consequently, many speculators will wonder if decentralized finance (DeFi) is coming back. Interestingly, Magic received $52 million from strategic investors on 30 May 2023. That round included funds from PayPal Ventures. This investment brings Magic’s total raised capital to over $80 million, a press release claims.
Interestingly, Magic became the most cryptocurrency on the same day Bloomberg reported Deutsche Bank AG (NYSE: DB) is seeking a crypto license in the European Union.* Deutsche Bank is the world’s 22nd largest bank with $1.49 trillion in assets in April 2023.
Notably, Deutsche Bank’s asset manager, DWS, and Digital Holdings Ltd are developing a suite of blockchain exchange-traded products (ETPs) and digital assets for European trading.* Thus Big Finance is entering DeFi which drives interest in the sphere.
What is Wallet-as-a-Service?
Wallet-as-a-Service (WaaS) providers such as PayPal (PYPL), Square (SQ), and Magic (MAGIC) connect consumers to the financial system.
For example, PayPal’s wallet allows consumers to pay for retail transactions with money earned online. PayPal also connects E-commerce to bank accounts. Similarly, Magic’s Plug & Play Widget is an out-of-the-box wallet user interface (UI) for login, nonfungible token (NFT) Checkout, and on-ramping fiat currencies.
They claim Magic’s Plug & Play Widget offers over 90% conversion with email, Google One Tap, and third-party wallets. Magic claims they design the widget for all levels of users.
Additionally, they claim Magic’s White-Label Wallets are fully customizable, enterprise-grade, fast, and fully scalable. Moreover, Magic claims its White-Label Wallets offer over 10 authentication methods that plug into existing identity providers.
Magic (MAGIC) Wallet-as-a-Service Solutions
For example, they claim Magic Wallets streamline NFT and crypto onboarding with NFT Checkout & Minting and Fiat On-Ramps via credit cards, debit cards, PayPal, and Instant Bank ACH (Automatic Clearing House) services.
Importantly, the Automated Clearing House (ACH) is the primary system they use for electronics fund transfers (EFT).* In the ACH, they electronically deposit funds in financial institutions and make payments online. Hence Magic’s Wallets can connect NFT and cryptocurrency platforms with the banking system.
They call this end-to-end Web3 Onboarding. It features over 20 authentication methods including email, SMS, Social media, Multi-Factor Authority (MFA), and integration with any identity provider.
Magic’s Key Management Services (KMS) include performance and scale. They claim Magic’s wallet can support over 2000 generations per-second or transactions per second. Magic claims this is over 25 times faster than energy standards.
They claim Magic Wallets can comply with Enterprise Compliance and many standards including SOC2 Type 2, CCPA, GDPR, HIPPA, and ISO. Non-Custodial Wallets with fully exportable keys are also available.
Users can launch a powerful Magic software development kit (SDK). This kit includes on-call VIP support, white glove service, and service-level agreements (SLA). Finally, they claim Magic (MAGIC) wallets are compatible with over 20 blockchains including Bitcoin (BTC), Ethereum (ETH), and Binance (BNB).
How does make Magic (MAGIC) money?
Magic (MAGIC) claims to have onboarded over 20 million users for customers.
Some large consumer brands including Mattel, Macy’s (M), and PayPal are using Magic’s wallets. Other Magic customers including Voice, Magic Eden, Immutable, Moralis, Even, and Kongregate.
Magic makes money by charging users 5¢ per monthly active user (MAU) up to 5,000 MAUs. Then 10¢ per MAU over 5,000 MAUs. This charge covers pass-wordless Web3 onboarding, web, mobile, and gaming SDKs. Scalable key management on over and over 20 blockchains, widgets, and fiat on-ramping. Premium ad-ons start at $199 a month.
Core Features are free with all plans. Custom-volume-based pricing is available for larger customers. Magic Wallet Services come with the custom pricing.
There is a Magic Auth Plus plan for $199 a month, a Magic Widget UI for $999 a month. A Magic Connect Plus widget for $199 a month. VIP support costs $1,999 a month. VIP support means Magic’s techs build and maintain your system for you.
What Value does Magic (MAGIC) offer?
I like Magic (MAGIC) because it is a DeFi platform that makes money the old-fashioned way. To explain, Magic charges customers for products rather than selling tokens.
Mr. Market thinks MAGIC has some value. For example, it was CoinMarketCap’s 146th most traded cryptocurrency on 21 June 2023. Magic had a 82.15¢ Coin Price, a $178.494 million Market Capitalization, a $285.025 million Diluted Market Cap, and a $67.234 million 24-Hour Market Capitalization on 21 June 2023.
There was a $64.850 million Centralized Exchange (CEX) Volume and a $2.385 million Decentralized Exchange (DEX) Volume on 1 June 2023. They base those numbers on a 217.289 million MAGIC Circulating Supply, a 347.714 million Magic Maximum Supply, and a Total Supply of 339.647 million MAGIC.
If you are seeking a protocol or token that can make money from DeFi. I think Magic (MAGIC) is worth examining. You need to investigate MAGIC because it could make money by charging for products and services for which there could be demand.
Notably, Deutsche Bank’s asset manager, DWS, and Digital Holdings Ltd are developing a suite of blockchain exchange-traded products (ETPs) and digital assets for European trading.* Thus Big Finance is entering DeFi which drives interest in the sphere.
This curse, it is believed, would haunt anyone who dared to attempt to put Humpty Dumpty back together again. Many have tried, but time and time again, their efforts have been in vain. The pieces of Humpty Dumpty simply refuse to fit back together, as if some unseen force is preventing it from happening. Some believe that the curse of Humpty Dumpty is meant to serve as a cautionary tale against arrogance and pride. It is a reminder that no matter how high one may feel they are on their pedestal, a fall is always possible. Others view the curse as a punishment, a penance to be paid for the crimes of arrogance and condescension. Over the years, numerous theories have emerged about the true nature of the curse. Some speculate that it is the work of dark magic, while others believe it to be a manifestation of the collective guilt and remorse felt by those who witnessed Humpty Dumpty's fall. Regardless of the cause, the curse remains an enduring mystery. Despite the curse, the story of Humpty Dumpty continues to captivate and entertain. His tale serves as a cautionary reminder of the consequences of pride and arrogance. And as children and adults alike recite the nursery rhyme, they are reminded of the fragile nature of success and the potential for a great fall. Ultimately, whether one believes in the curse of Humpty Dumpty or not, the story serves as a poignant reminder to be humble and kind, and to treat others with respect and empathy. In a world filled with uncertainty, it is important to remember that even the most seemingly invincible among us are susceptible to the forces of fate..
Reviews for "The Dark Magic Behind Humpty Dumpty's Curse"
1. Emily - 1 star: Unfortunately, "The Curse of Humpty Dumpty" fell flat for me. The storyline was confusing and the characters lacked depth. I couldn't connect with any of them and found myself losing interest halfway through the book. Additionally, the pacing was slow, making it difficult to stay engaged. Overall, I was disappointed with this book as it didn't live up to my expectations.
2. Michael - 2 stars: I had high hopes for "The Curse of Humpty Dumpty" but was left feeling underwhelmed. The plot seemed promising at first, but it quickly became predictable and lacked originality. The writing style was also subpar, with awkward dialogue and inconsistent narration. The characters felt one-dimensional and their motivations were unclear. I didn't find anything memorable or impactful about this book, and I wouldn't recommend it to others.
3. Sarah - 2.5 stars: "The Curse of Humpty Dumpty" had an interesting premise, but it failed to deliver. The execution was lackluster, with weak world-building and an unconvincing resolution. The pacing was off, with long stretches of uneventful scenes and rushed moments that left me confused. The writing style was average, nothing extraordinary. While I appreciate the effort put into this book, it failed to captivate me or leave a lasting impression.