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Galxe
GAL
$3.7100
0.27%
Ranking #258
30DaysUnlock $7.53M
Section
Web3.0
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Circulating Market Cap$172.68M
Market Cap Percentage
0.01%
Supply200M GAL
Circulating Supply46.55M GAL
Circulation Rate
23.27%
24h Turnover Rate
17.87%
Website Information
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GAL
USDT
24h Price Performance
Lowest PriceHighest Price
$3.6175$3.7698
24h Volume8M GAL
24h Amount$30M
Volume Ratio
0.47
Historical Low
$91.953
2022-05-05(2 years ago)+4.03%
Historical Low
$0.837
2023-06-10(11 months ago)+443.25%
Global Market Cap$2.42T
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Project Introduction

Galxe is a Web3 credential data network. Galxe is built on an open and collaborative infrastructure, which can help Web3 developers and projects leverage digital credential data and NFT to build better products and communities.Galxe enables curators to aggregate credentials through multiple data sources on and off the chain.Galxe enables developers to use credentials through application modules, credential oracle machine machines, and APIs.GAL is a native functional and governance token of Galxe, used for the following functions:Governance: GAL token holders can vote on the governance proposals of Galxe DAO.Payment fee: Developers who aim to utilize Galxe credential data will use GAL to pay.Curator Voucher: Incentives curators to mortgage GAL tokens to indicate the value of voucher data. Each voucher data will include an income stream, which will be distributed proportionally among voucher stakeholders.Galxe works together by the following main components:Credential Data Infrastructure: Galxe's infrastructure supports curators to provide credentials through multiple data sources, including:On chain credentials: Contribute data from 7 different chains through subgraph queries or wallet snapshotsOff chain credentials: Contribute data through Galxe's integrated data sources (such as Twitter, Github, or Discord)Application modules: Galxe provides several application modules to help Web3 projects build better products and more attractive communities.Galxe OAT (On Chain Achievement Token): A solution to distribute NFT badges to the community as a record of participation.Galxe NFT: Enable communities to utilize credentials and gamified NFT activities to better reward and attract users.Galxe Vote: Enable communities to leverage credentials on snapshots and credential based NFTs to build customized governance systems.Galxe Credential API: Developers can use credential data from their offline applications to build Web3 LinkedIn, guilds, voting infrastructure, witch attack prevention algorithms, and more.Galxe Credential Oracle: Developers can query credential data from smart contracts to customize on chain use cases such as credit scoring, liquidity mining enhancement, INO or IDO license lists, etc.Galxe ID: Galxe ID utilizes Galxe Credentials and can serve as Web3 LinkedIn. The Galxe ID can be the user's universal username, representing their multi chain identity in Web3.The project has raised $10.16 million through two rounds of equity financing. Equity investors will receive 20.77% of the total tokens. The project also raised $15 million through a public offering on Coinlist, selling 5% of the total GAL token supply at a price of $1.5/GAL.

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