NFTs
Web3 Platform Galaxis tips NFTs to create sustainable communities
What is Galaxy?
Galaxis is a no-code web3 platform that allows creators to build, engage, and grow decentralized communities through the use of dynamic NFTs.
These dynamic NFTs come in the form of customizable membership cards. These assets can provide exclusive benefits to community members, from unique experiences and intellectual property rights to physical and digital rewards.
In this way, Galaxis seeks to transcend the hype, creating a platform of real value, building a sustainable economy for both creators and their communities.
Big names, big communities
Galaxis was built from the ground up to support artists, creators and even brands – with the platform offering the ability to create dynamic NFTs that can offer discounts on services or products, access to exclusive content or even opportunities to meet top creators.
Mike Tyson, Steve Aoki and Val Kilmer are just some of the big names who have launched NFTs on Galaxis so far – and they’re not the only ones.
The NBA also launched Galaxis, with its Association Collection consisting of dynamic NFTs that evolved based on how many fantasy league points a player received in the 2022 NBA Playoffs.
Source: Galaxy
Chainlink Partnership, ENS and Arbitrum Integration
As part of its long-standing collaboration with Chainlink, Galaxis employs Chainlink data oracles to verify real-world off-chain data before adding it to the blockchain.
This was used for the launch of NBA star LaMelo Ball’s NFT collection. Holders of their NFTs can make predictions about games, and if they get it right, their NFT will evolve and reward the holder with prizes – some of which have won game tickets.
Galaxis recently announced an integration with Arbitrum and Polygon, leveraging the Chainlink CCIP bridge for fast, cheap transactions and seamless cross-chain operations, enabling the use of Galaxis launch keys to drive community creation on Arbitrum.
Ethereum Name Service founder Nick Johnson is an early investor in Galaxis, and together they launched the sold-out ENS Equinox Collection.
Galaxis Engines and $GLX Tokens
To drive growth, Galaxis recently sold more than 10,000 Galaxis Engines – dynamic NFTs that reward holders with native $GLX tokens and staking rewards. Galaxis Engines also distributes Launch Keys, which allow Galaxis creators to utilize the platform’s features.
These engines can also be updated with various features and functionalities to enhance and expand the user experience. Galaxis aims to launch its native token $GLX in the second quarter of 2024.
The future of community interaction and engagement
With the support of Chainlink, Polygon, ENS, and Arbitrum, Galaxis is primed and ready to set the NFT industry on fire, with its dynamic NFTs enabling artists, creators, and brands to deliver personalized, value-driven experiences for their communities.
Anyone with a community can create their own membership cards – and with over 50 communities powered by Galaxis so far, totaling over 225,000 NFTs and 32,000 ETH in trading volume – they are just getting started.
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to thoroughly research any product before making any type of investment.