Solana has proven that high throughput and low fees unlock a wide class of applications onchain.
We believe the Web3 story has only just started.
We believe in a future where any application can be built fully onchain and become verifiable, composable, and unstoppable. But unlocking an even larger class of experiences, such as high-frequency trading, money-based games, and privacy-first apps, requires ultra-low latency and negligible compute costs.
This is the ultimate vision we are pursuing: replacing AWS and cloud providers.
MagicBlock competes with traditional servers by giving Solana developers a decentralized alternative for real-time compute. Instead of running application logic through centralized servers, developers can rely on a network of Ephemeral Rollups (ERs) that deliver low-latency (<50ms end-to-end) with private state and on-demand runtime customization, while also staying composable with Solana’s liquidity and shared state.
A few months ago, we launched MagicNet and started proving our thesis in the real world. Since then, the network has processed 1B transactions, with 250k delegations across 27k unique addresses.
MagicNet has enabled a diverse set of real-time consumer applications: tap-to-trade (Rush, Banana Zone, Bloxwap), money-based games (Supersize, DOLERO, Battle Chaos), streaming platforms (Vorld), privacy primitives (Loyal, Cloak), and DePIN (dTelecom).
More products are coming soon, like the newest version of FlashTrade’s perp DEX. These are early proofs of what becomes possible when onchain execution feels instant.
Across large protocols and teams, the need is consistent: Cloud-grade performance with opt-in privacy, without giving up Solana’s composability or verifiability.
This momentum points us to the next step of our journey: taking MagicNet to Mainnet and transforming a network we operate into infrastructure that can scale as a decentralized, permissionless, community-owned system.
Today, we’re announcing the MagicBlock presale for $BLOCK, the network token that decentralizes the ER network and aligns node operators, builders, and the broader community around one mission: enabling a future where any app can run entirely onchain at scale.
What is $BLOCK?
$BLOCK is a network token. It coordinates and incentivizes a permissionless set of ER node operators who provide real-time compute to Solana applications. Node operators stake $BLOCK to participate, and that stake makes them slashable and accountable for their behavior and reinforces the security and reliability of the network. As the network grows, fees generated are designed to align and reward long-term participants. The full technical details and tokenomics will be shared closer to the TGE.
How to participate
There are two options for participating in the presale:
Option 1: FCFS Bonding Curve (fully unlocked at TGE)
Option 1 is a first-come, first-served bonding curve. Your allocation is determined by demand and time of commitment. This option is designed for people who want a simple mechanism and tokens that are fully unlocked at TGE.
Option 2: Request for Allocation (fixed price at 100M FDV, 1-year lock)
Option 2 is a Request for Allocation. Instead of purchasing immediately, you submit the amount you want to commit at a fixed price of 100M FDV. There is no guarantee that your commitment will be accepted. Final allocations are determined after the presale during the 1-week review period. Tokens purchased through Option 2 are locked for 1 year after TGE.
Because Option 2 is designed to prioritize long-term alignment, the team may consider signals such as:
- Onchain activity of the requesting address (including prior interactions with MagicBlock apps)
- GitHub activity (development and open-source contributions)
- Social profile (community participation and public presence)
If your Option 2 request is not accepted, you can withdraw the USDC you committed.
Presale timeline and access
The presale runs for 3 days in two phases: a 24-hour headstart for whitelisted addresses, and then 48 hours open to everyone.
Whitelisted addresses are wallets that either:
- Interacted onchain with apps built with MagicBlock, or
- Are core members of the MagicBlock community
After the presale closes, there is a 1-week allocation period where the team reviews and finalizes the allocations for Option 2. The Token Generation Event (TGE) is currently targeted for late Q1 / early Q2 2026, but timing will ultimately depend on our development progress.
Which option should you choose?
If you want a direct FCFS purchase and full unlock at TGE, Option 1 is the straightforward path. However, the allocation will be limited and the price is a function of demand. If you prefer a fixed price at 100M FDV and you’re comfortable with a 1-year lock, Option 2 may be a better fit. Given the longer-term alignment, we reserve the right to provide additional rewards for Option 2 commitments.
Closing
MagicBlock is being built to be decentralized and community-owned. Join our vision of enabling a future where any app can run entirely onchain at scale!
Presale goes live on February 5, 2026
Website: presale.magicblock.app
