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

Explore the Core.

Galxe is the world's leading Web3 credential data network and was launched on April 28, 2022, on Binance Launchpool. Galxe is built on open and collaborative infrastructure that allows Web3 developers and projects to profit from credential data by building better products and communities. Data curators are rewarded when users employ their credentials in Project Galaxy's Application Modules, Credential Oracle Engine and Credential API at the same time.

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.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.