Magic Explained: Web3 Authentication and key Management SDKs

Magic is a software development kit (SDK) that seamlessly integrates with your application, allowing you to incorporate password-free Web3 onboarding and authentication through the use of magic links, which function similarly to Slack and Medium.

Magic Explained: Web3 Authentication and key Management SDKs

Magic is a software development kit (SDK) that seamlessly integrates with your application, allowing you to incorporate password-free Web3 onboarding and authentication through the use of magic links, which function similarly to Slack and Medium.

With Magic, you can achieve rapid and secure login without the need for passwords, streamline Web3 onboarding, and gain access to more than 20 blockchains with just a few lines of code. This is applicable even if you already have an authentication system in place.

Magic offers two versions of their software development kit (SDK): Magic Connect, which offers a convenient and ready-to-use experience, and Magic Auth, a customizable wallet solution that can be branded to match your own identity.

Magic Connect is a comprehensive Web3 wallet with global reach. By leveraging standard Web3JS RPC methods and incorporating Magic functions, you can set up our plug-and-play wallet within minutes and access an expanded range of features. It serves as a comprehensive solution for all your Web3 needs.

On the other hand, Magic Auth delivers a secure and future-proof authentication system without the need for passwords, along with a customizable wallet infrastructure designed specifically for your application. Whether you require standard Web2 user authentication or want to integrate it with over 20 blockchains to create a fully personalized wallet user experience for your decentralized application (dApp), Magic Auth offers extensive customization options.

Features

Magic provides two variations of their software development kit (SDK): Magic Connect, which offers a hassle-free and ready-to-use experience, and Magic Auth, a customizable wallet solution that can be branded to match your specific requirements. Both versions are available for a free trial, built with enterprise-level security measures, and enable smooth and seamless user experiences.

Magic Connect: Plug & Play Widget

Magic Connect is a web-based authentication and wallet solution that eliminates the need for browser extensions, seed phrases, or downloads. It offers a range of out-of-the-box features and functionality for Web3 applications, including:

Web2-friendly login methods: Users can experience frictionless onboarding to your dApp through passwordless email and Google One Tap, making it convenient for mainstream users.

Support for external wallets: Magic Connect seamlessly integrates with popular wallets like Metamask and WalletConnect, saving you time and effort in wallet integration.

Transaction signing module: Users can securely sign transactions within the Magic Connect interface, ensuring the integrity of their actions.

Fiat on-ramp: Magic Connect provides a module to facilitate the conversion of fiat currency into cryptocurrencies, enabling users to easily enter the Web3 ecosystem.

Send transaction module: Users can conveniently send transactions from within the Magic Connect wallet, streamlining the process and enhancing the user experience.

Moreover, an upcoming premium feature will allow developers to collect verified email addresses from users of third-party wallets, enhancing user data verification capabilities.

Additionally, Magic Connect enables users to utilize the same wallet across multiple dApps, providing a consistent and unified experience.

Magic Auth: White-labelled Wallets

Magic Auth is a customizable solution that empowers developers to design the visual appearance and user experience of their application’s authentication and wallet functionality.

Furthermore, Magic Auth wallets are specifically associated with individual decentralized applications (dApps). To enable users to utilize their Magic Auth wallets on other dApps, they will need to export their private keys and import them into a third-party wallet.

Recent Funding News

Magic, a leading wallet-as-a-service (WaaS) provider, has announced a significant milestone as they successfully closed their strategic funding round, raising $52 million. This achievement is particularly notable considering the challenging macroeconomic environment. PayPal Ventures led the funding round, with participation from Cherubic, Synchrony, KX, Northzone, and Volt Capital. With this latest investment, Magic has now raised over $80 million, solidifying its position as an industry leader in WaaS.

To access our article about the funding: Magic Raises $52 Million In Funding To Advance Web3 Adoption