CDS Crypto News Crypto News Today- Galaxis Secures for Token Launch: Pioneering Web3 Platform and NFT Innovations
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Crypto News Today- Galaxis Secures for Token Launch: Pioneering Web3 Platform and NFT Innovations

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Crypto News Today- Galaxis Secures for Token Launch: Pioneering Web3 Platform and NFT Innovations

Galaxis Secures for Token Launch: Leading the Way in Web3 Platform and NFT Innovations

Crypto News– Singapore-based Web3 platform Galaxis announced on Tuesday that it has secured $10 million in funding from investors such as Chainlink, Ethereum Name Services (ENS), Rarestone Capital, Taisu Ventures, and ENS co-founder Nick Johnson as it prepares for its token launch.

Node Sale and Celebrity Collaborations Boost Funding

In addition to the funding, Galaxis also saw gains from its node sale of over 11,000 ‘Galaxis Engines,’ contributing to its overall financing. The platform, which facilitates the introduction of non-fungible token (NFT) collections for creators and brands, has collaborated with notable figures like DJ Steve Aoki, actor Val Kilmer, and NBA personality LaMelo Ball. Over the past few years, it has sold more than 225,000 NFTs, resulting in over 32,000 ETH ($100 million) in secondary NFT sales.

Preparing for “Mass Distribution” and the Role of GALAXIS Token

Galaxis is now gearing up for mass distribution, with CEO and co-founder Andras Kristof expressing the company’s vision for the GALAXIS token to energize the ecosystem. Kristof, who also introduced the first bitcoin ATMs in Singapore, believes that as a post-hype NFT utility platform, Galaxis will offer genuine value to various industries beyond Web3, surpassing mere hype.

Incubation by CoinMarketCap and Community Engagement

Incubated by CoinMarketCap, Galaxis empowers individuals and brands to create engagement and reward mechanisms for their communities through NFTs, eliminating the need for third-party engagement tools with its built-in economy.

FAQs

What is Galaxis and what are its goals?

Galaxis is a pioneering Web3 platform that aims to revolutionize the way people interact with and own digital assets. The platform is built on the Solana blockchain and utilizes cutting-edge NFT innovations to provide users with a unique and immersive experience.

What is the significance of Galaxis’s $7.5M token launch?

Galaxis’s $7.5M token launch is a significant milestone for the project. It validates the strong interest in the platform and its potential to revolutionize the Web3 space. The funds raised will be used to further develop the platform, expand the team, and grow the community.

What is the future outlook for Galaxis?

Galaxis is well-positioned for a bright future. The platform has a strong team, a passionate community, and a unique vision for the future of Web3. With the successful token launch, Galaxis has the resources it needs to execute its plans and become a leading player in the space.

For the latest in crypto updates, keep tabs on Crypto Data Space.

Crypto News Today- Galaxis Secures for Token Launch: Pioneering Web3 Platform and NFT Innovations

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