Article Summary, Automatically Generated By AI
About GALAXIA
- GALAXIA (GXA) is a Klaytn-based user-centered token for payment and rewards in various services.
- GXA provides a sustainable blockchain service platform for NFTs, STO, and DeFi.
-
Use cases:
- NFT Platform MetaGalaxia
- STO Platform GALAXIA STO
- DeFi Platform GALAXIA DeFi
- Metaverse projects (e.g., ‘food metaverse’, ‘pet metaverse’)
- On-offline PG merchant of Galaxia Moneytree
- Token circulation: 10 billion
About Galaxia: Pioneering the Future of Blockchain Gaming
Introducing GALAXIA (GXA): A Revolutionary Cryptocurrency
GALAXIA (GXA) is a user-centric token built on Klaytn, serving as a versatile means of payment and reward for a diverse range of services. By establishing a unified platform, GXA fosters a sustainable blockchain service environment, characterized by swift and transparent processes for buying and selling NFTs, as well as utilizing financial services such as Security Token Offerings (STO) and Decentralized Finance (DeFi). As the native utility token, GXA is utilized for:
- Payment and reward mechanisms within the NFT Platform MetaGalaxia ecosystem
- Payment and reward structures in the STO Platform GALAXIA STO
- Methods for receiving interest payments through the staking service in the DeFi Platform GALAXIA DeFi
- Payment and reward mechanisms within metaverse projects, such as the ‘food metaverse’ and ‘pet metaverse’, established through strategic partnerships with other companies
- Payment methods in the on-offline PG merchant of Galaxia Moneytree
There are 10 billion GALAXIA tokens created at genesis. 40% of the total issuance will be allocated to establish a virtuous cycle ecosystem for the GALAXIA project. The initial distribution will be allocated to the platform that enables the smoothest token circulation, with the distribution amount set separately for each platform. 20% will be reserved for providing rewards when utilizing affiliate services, including the NFT platform MetaGalaxia, to ensure the usability of the tokens. The remaining tokens will be utilized for development and operation, business partnerships, marketing, and other purposes.