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Galxe
About Galxe
Galxe is a decentralized credential data network aiming to create an open and collaborative ecosystem. The Galxe ecosystem uses the GAL token as a governance token, payment token, and incentive mechanism. The GAL token is used for voting and governance in the Galxe DAO, to pay for application module fees, to pay for Galxe Oracle Engine and Galxe Credential API, and to curate digital credentials. The bonding curve system is used to signal a credential data set's value, and curators can purchase stakes of a credential data set using GAL tokens, which will result in a revenue stream that will be split between credential stake holders pro-rata.
Galxe is a platform designed to create a permissionless, open, and collaborative credential data network. It focuses on leveraging blockchain technology to manage and utilize digital credentials in a decentralized manner. The core of Galxe's infrastructure is built around the idea of integrating credential data seamlessly across various applications and platforms, fostering an environment where this data is easily accessible and verifiable.
Galxe was founded by Charles Wayn, Harry Zhang, and Xinlu C. This team of founders has guided Galxe's development, focusing on creating a robust and user-centric platform that addresses the complexities and challenges of managing digital credentials in a decentralized context.