The leading Web3 loyalty program platform, Galxe, has announced the launch of the first-level Gravity blockchain.
The new system will be optimized for cross-chain interaction using zero-knowledge proofs.
The PoS blockchain will be compatible with the Ethereum Virtual Machine. Reth in Rust will serve as the execution layer, and the consensus algorithm will be Jolteon (AptosBFT).
Main features of Galxe implemented on Gravity:
- Web3 Credentials: The platform allows the creation, issuance, and verification of digital certificates that validate achievements, skills, and participation in various projects, helping users build a reputation in the Web3 space.
- Galxe Passport: The Galxe digital passport consolidates user activities in one place, simplifying asset management and interaction with various platforms.
- Loyalty Programs: Tools for creating loyalty programs based on NFTs, allowing projects to reward users.
- Galxe ID: A unique identifier that simplifies logging into various Web3 applications and services, enhancing convenience and security.
- Campaign & OAT: Galxe enables projects to launch campaigns and distribute OAT (On-Chain Achievement Tokens) to attract new users and reward active community members.
The project implementation will occur in two main stages:
- Release of the alpha mainnet based on the Arbitrum Nitro stack, scheduled for June.
- Launch of the full-featured mainnet, planned 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.
As a reminder, in early May, the Linea project from ConsenSys introduced a loyalty program aimed at boosting the use of the second-layer solution testnet.
