What is GALAXIA?
GALAXIA is a decentralized finance (DeFi) ecosystem. It provides multiple blockchain financial and payment services, aiming to make faster transactions with lower gas fees. It’s integrated with the blockchain platform Klaytn, which was created by Ground X, a division of Kakao.
GALAXIA's main product is an NFT platform called MetaGalaxia. On this platform, users can mint and purchase NFTs. Besides that, there's GALAXIA STO, which is a small distributed investment platform. It allows users to make distributed investments in expensive assets like art or real estate.
GXA is the native token of GALAXIA. It’s a Klaytn-based utility token. If you are interested in the current GXA price, you can check the live GALAXIA price chart featured above.
Use Cases of GXA Tokens
The GALAXIA crypto asset is mainly used to purchase NFTs at a lower price in the MetaGalaxia marketplace. Users who mint NFTs and promote them on social media are eligible to earn GALAXIA tokens.
Besides the possibilities of earning GXA, this token can also be purchased with fiat or cryptocurrencies on general exchanges.
Furthermore, GXA holders can access features offered by the platform like STO and other DeFi services.
Not only that, it’s possible to use GXA for online and offline payments.
Planning to buy GXA tokens? Make sure to make a thorough GXA price analysis beforehand. Use the GALAXIA price chart above for doing that.
Who Founded GALAXIA?
There is no available information regarding GALAXIA founders. However, the project is South Korean-based.
Tokenomics of GXA
The max supply of GALAXIA coins is 10 billion. A large portion of the supply was allocated to the ecosystem in order to make token circulation more efficient. Another large portion was set aside in the Reward reserve. Besides, some of the tokens were distributed to business partnerships, marketing, the GALAXIA team, and advisors. The remaining GALAXIA crypto assets were mainly dedicated to the development of new services and future partnerships, as well as to the operation of the platform.
Since the supply of GXA coins is limited, the demand for the token might increase in the future, as the token supply becomes more scarce. This might have a positive effect on the GALAXIA price.
