Bringing The Next 1 Billion Users to Crypto & Web3 via Magic Wallet, Raising $52 Million From PayPal
Sean Li is the cofounder and CEO of Magic. In this interview we discuss:
- Magic's Web3 Wallet solutions
- Raising $52 Million from PayPal Ventures
- Working with brands such as Mattel, Macys, 7Eleven and more
- Fractionalized NFTs for streaming services
- BlackRock Bitcoin ETF filing
- PayPal stablecoin
- Metaverse
Sean Li: https://twitter.com/_seanli
Magic: https://twitter.com/magic_labs
https://magic.link/
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⏰ Time Stamps ⏰
00:00 Intro
01:36 Sean's background
04:07 Magic Wallet overview
07:54 No seed phrase but maintain self custody
09:40 How Mattel used Magic Web3 wallet
13:15 How users register with the wallet via brands
14:35 Security features
18:53 Which Blockchains does Magic support
21:41 Which digital assets are supported
24:40 Raising $52 Million from PayPal
29:46 Web3 adoption tipping point
32:17 Fractionalized NFTs for streaming services
36:00 PayPal and other brand stablecoins
37:10 BlackRock bitcoin spot etf filing
40:40 Metaverse
45:46 Wrap up questions
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