project: News of Galxe (GAL) - July 2024 Price Update - 8% Breakout Crypto News and Analysis

Spot the Main Event:

Galxe, the biggest on-chain distribution forum in the Web3 sector, has recently unveiled an exclusive integration. As per the platform, it is integrating with a well-known people-centric blockchain named Viction, which offers zero-gas transfers, while endeavoring to build beyond the limits. The company took to the social media platform X to provide the details of the respective development., this endeavor will broaden its span of project development. The respective integration reportedly operates as a landmark in the overall web3 ecosystem. In this respect, the integration leverages the innovative building approach of Galxe for dApp development. Apart from that, the initiative also takes benefit from the scalable and resilient blockchain infrastructure of Viction.

Explore the Core.

Galxe is a decentralized identity and credential platform that enables seamless web3 experiences. Key aspects of Galxe's ecosystem include: Galxe Identity Protocol: A self-sovereign identity infrastructure using zero-knowledge proofs to securely manage verifiable credentials. Over 217M verified credential holders. Galxe Passport: Securely stores identity information and allows cross-application use with privacy protection. 952k holders. Galxe Quest: A platform for web3 community growth and engagement, connecting projects with users through reward-based loyalty programs. 668M quests completed. Galxe Score: A reputation score shaped by achievements, expertise and assets, unlocking web3 identity and exclusive benefits. 384k holders. Galxe Compass: A hub for tracking and engaging in airdrop campaigns across web3.

Spot the Main Event:

Yesterday,16th of July,2024. Galxe introduced an AI-powered airdrop navigator,Galxe Compass. Galxe Compass helps you explore and uncover web3 airdrop opportunities effortlessly. This is a significant invention into their ecosystem. This recent invention make it easier for users to access their ecosystem and maximize the rate at which they participate in airdrop campaign. With the relevance of their project in running airdrop,this made their token more valuable.

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