Project Galaxy (GALBSC) Price

Project Galaxy, alternatively known as Galxe, is a cryptocurrency, deployed on Binance Smart Chain(BSC BEP-20). Galxe is a state-of-the-art Web3 credential data network that provides an open and collaborative infrastructure for developers and projects looking to leverage digital credential data and NFTs to build better products and communities.

Built on the principles of decentralization, collaboration, and innovation, Galxe is designed to provide a secure and transparent platform where developers and projects can easily access, manage, and share digital credential data and NFTs. Whether you are building a decentralized application (Dapp), a blockchain project, or a Web3 solution, Galxe offers a range of tools and services that can help you unlock new possibilities and create value for your users.

GAL is the native utility and governance token of Galxe, and it offers various use cases to its holders. One of the primary uses of GAL token is governance, where token holders can vote on proposals related to Galxe DAO's governance. Additionally, developers can use GAL tokens to pay for fees associated with accessing the platform's credential data. The platform also incentivizes curators to stake GAL tokens, which helps signal the value of credential data sets. As a result, each credential data set includes a revenue stream that is split among the credential stakeholders pro-rata. Overall, GAL token plays a crucial role in facilitating governance, payments, and curation of credential data on Galxe's platform.