Cryptocurrencies » Galxe (GAL)
What is Galxe (GAL)?
Galxe is a Web3 credential data network helping developers build better products and communities. GAL is the native governance token of the Galxe protocol.
About Galxe
Galxe aims to create an open, collaborative credential data network accessible to all developers in Web3. Use cases for Galxe include the creation of NFT loyalty programs, gated communities, and customized governance. Galxe can integrate on-chain as well as off-chain credentials like Discord and Twitter. Contributors to Galxe’s Credential Data Network are rewarded when credentials are utilized in Galxe’s Application Modules, Credential Oracle Engine, and Credential API.
How GAL Works
GAL is an ERC-20 governance token compatible with the Ethereum blockchain network. GAL holders can vote on governance proposals, including deciding on platform fees. GAL is also used as the primary payment token of the Galxe ecosystem for costs such as application module fees and use of Galxe Oracle Engine and Galxe Credential API. GAL has a total supply of 200,000,000 tokens.
GAL can be purchased from numerous leading cryptocurrency exchanges.
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