What is Galxe (GAL)? Galxe Cryptocurrency Overview

What is Galxe? Project Galaxy  (renamed Galxe – Gal token) is the 30th project on Binance Launchpool.

Galxe (Project Galaxy) is a potential Web 3 project when building a community of more than one million users. In the Bear Market, the number of NFT mint users and projects collaborating with Galxe is constantly increasing.
Together with CryptoChill, we will evaluate the project details in the article below.

What is Galxe?

Galxe (Project Galaxy) is a Web3 credential data network.

Galxe (Project Galaxy) is built on open and collaborative infrastructure, Galxe (Project Galaxy) helps developers (Dev) and Web3 projects leverage digital credential data and NFT to build build better products and communities.

Galxe (Project Galaxy) aims to solve this problem by empowering developers (Dev) with a network of aggregated credential data in Web3.

The Difference of Project Galxe

Project  Galxe (Project Galaxy) is a leading project in developing the leading credential data network for web3 receiving investment from many big names in the market such as Alameda Research, Coinbase Ventures, Multicoin Capital…

You can experience Galxe’s impressive products (Project Galaxy) on the project’s official website https://galxe.com like mint NFT without gas fees, join AMA and receive NFT proof, participate. Galxe’s Airdrop events and Partner projects with Galxe.

Galxe . Operational Model

Galxe ID (Galaxy ID)

Galxe ID (Galaxy ID) is aiming to become your Web3 LinkedIn. Galxe (Project Galaxy) is a virtual space filled with digital credentials.

For all users on Galxe (Project Galaxy)

• Galxe ID (Galaxy ID) is used as your username, this name will represent all your Blockchain (Multichain) / Multiwallet in Web3.
• You can display the login information collected in the Web3 world and showcase your event history through the number of Galxe’s NFTs you hold.
• Galxe ID is a DID metaverse, developers (Dev) can integrate Galxe ID and provide custom features for users based on digital logins, or simply enrich the profile user profile. This will open up a lot of possibilities and redefine the future of Web3.
• More features will be added and soon you will be able to use Galxe ID in Galxe’s vast network of partners, which is increasing day by day.

How to get Galxe ID

• Visit  https://galxe.com/galxeid
• Connect your wallet and set a username.

Link Twitter

On Galxe, missions-based airdrop campaigns have Twitter integration. This requires you to link your Twitter account with Galxe ID.

To do that, just follow these 2 steps once you click the “Verify Twitter Account” button.

Link Discord 

Some NFTs can only be confirmed with an Email entry and is very easy when you share an email address with Discord.

Enter your email address and press “Send Code”. You will receive an email with a verification code.

Galxe OAT or Galaxy OAT (On-Chain Achievement Token – Online Achievement Token)

Galxe OAT aims to be a lightweight solution for event organizers and community managers that use Galxe’s NFT infrastructure and on-chain credential data network to build and distribute events. easily campaign NFT badges and reward their community members.

You can mint Galxe OAT without paying gas fees.

Galxe OATs (Galaxy OAT) is a digital record of all your achievements (activity) on web3.

Open Credential Data

Monetize data management

Development Roadmap

More than 100 partners have run more than 500 campaigns on Galxe (Project Galaxy), Galaxy’s data network has more than 700 authentication datasets with more than 5 million users on Web3.

More features will be added to make it possible to use Galxe ID (Galaxy ID) within Galxe’s extensive partner network (Project Galaxy).

Galxe (Project Galaxy) predicts that Galxe OAT (Galaxy OAT) will not only be limited to Loyalty Programs for NFT, DeFi, Metaverse projects but also for real world events and life experiences living.

To better prepare for future needs, Galxe (Project Galaxy) will continue to update OAT with the following features:

• Open API for integration in other Web3 applications.
• Get OAT (NFT) by scanning a QR code.
• Notify users when OAT is available.

Updated Roadmap

Q2/2022

• Launch of Galxe DAO is governed by GAL token holders.
• Discord Bot for AMA participants.
• Features geo-zoning of events.
• Galxe (Project Galaxy) website UI upgrade.

Q3/2022

• Launch the Modules Dashboard V2 App.
• Launch Credential Oracle.
• Launch the Credential Data Card System.

Q4/2022

• Create a campaign and login without permission on Wallet.
• Support personal credential data.
• Snapshot.org OAT Campaign Plugin.

Q1/2023

• Launch Galaxy V2 Credentials Network with Credentials Moderation System.

Core Team

Currently, the project has 2 Co-Founders, Harry Zhang and Charles Wayn:

• Harry Zhang: In charge of products, he used to be the Founder and COO of Lino Network and Dlive.tv (later merged into Bittoren Ecosystem). In addition, he also held the position of president of the Young Entrepreneurs Association of China in Beckerly from 2016-2017.
• Charles Wayn: In charge of strategy, he is also a founding member and CEO of Dlive.tv. Later, he served as the vice president of interactive entertainment at Bittorent. Like his colleagues, Wayn also served as president of the Young Entrepreneurs Association of China in Beckerly from 2018-2019.

Tokenomic

Information about the Galxe token

• Name token: Galxe
• Ticker: GAL
• Blockchain: Ethereum, BNB Chain
• Standard: ERC-20, BEP-20
• Contract: 0x5fAa989Af96Af85384b8a938c2EdE4A7378D9875
• Token type: Utility, Governance
• Total Supply: 200,000,000

Token Allocation

• Community Treasury: 20%
• Team: 15%
• Marketing: 15%
• Growth Backer Round 1: 10.63%
• Growth Backer Round 2: 10.14%
• Foundation: 10%
• Advisors & Partners: 6.23%
• Ecosystem: 6%
• CoinList Public Sale: 5%
• Rewards: 2%

Token Release

In addition, the Galxe Project is paying a Public Sale for sale on Coinlist. You can watch it directly at https://vestlab.io/galxe, you will have enough information about payment date and time, and the amount of tokens (how much %).

Galxe . Project Information Channel

• Website: https://galxe.com/
• Twitter: https://twitter.com/Galxe
• Discord: discord.gg/galxe

Exchanges

Currently Gal can be traded on exchanges like Binance, Coinbase, Huobi…

Final thoughts

Galxe (Project Galaxy) is considered as an outstanding web 3 project in the field of credential data network development.

In addition, many partner projects rely on Galxe OAT NFT to evaluate your dedication to the project and based on that to airdrop.

Through the above article, CryptoChill has helped you know about the Galxe token and the highlights of the project.

Disclaimer: This post is not investment advice. You will be 100% responsible for your investment decisions.
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