Galxe, the leading Web3 loyalty program platform, has announced the launch of the first-level Gravity blockchain.
Welcome to the decentralized future of Galxe. @GravityChain was born from the need to reclaim and transform the Internet. It embodies the shift from control by the few to empowerment for the many. pic.twitter.com/zfnhIV1BsZ
— Galxe (@Galxe) May 29, 2024The new system is optimized for cross-chain interaction using zero-knowledge proofs.
The PoS blockchain will be compatible with the Ethereum virtual machine. Reth in the Rust language will act as the execution level, Jolteon (AptosBFT) — as the consensus algorithm.
The main functions of Galxe that are implemented on Gravity:
Web3 Credentials: The platform allows you to create, issue and verify digital certificates (credentials) confirming achievements, skills and participation in various projects. This helps users build a reputation in the Web3 space.;Galxe Passport: Galxe digital passport combines user activities in one place, simplifying asset management and interaction with various platforms;Loyalty Programs: Tools for creating NFT-based loyalty programs, allowing projects to reward users;Galxe ID: A unique identifier simplifies logging into various Web3 applications and services, increasing convenience and security;Campaign & OAT: Galxe allows projects to launch campaigns and distribute OAT (On-Chain Achievement Tokens) to attract new users and reward active community members.The implementation of the new project involves two main stages:
the release of the alpha mainnet based on the Arbitrum Nitro stack, scheduled for June;The launch of a fully functional main network is scheduled for the second quarter of 2025.In 2022, the Galxe platform attracted $10 million in investments from Multicoin Capital, Dragonfly Capital and other market participants.
Recall that in early May, the Linea project from ConsenSys presented a loyalty program aimed at activating the use of the second-level solution testnet.