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Information about Gravity (G)
Galxe is the largest Web3 credential data network in the world. Built on open and collaborative infrastructure, Galxe helps Web3 developers and projects leverage credential data to build better products and communities. At the same time, data curators are rewarded when credentials are used in Galaxy’s Application Modules, Credential Oracle Engine, and Credential API.
Credentials are important due to the high use case they provide. Applications can use your credentials to calculate credit scores, find target audiences, reward community contributors, etc. However, credential data today is segregated across closed databases that are owned and permissioned by applications, government organizations, and financial and credit institutions. This has led to a fractured landscape that is not open to the individuals who should own that data or the applications that need it. Galxe aims to solve this problem using an open and collaborative credential data network which will help Web3 developers leverage credential data to build better products and more engaging communities.
G is the native token on Gravity and the utility token for both Gravity and the Galxe ecosystem. G powers transactions as the gas token and will soon secure the network through staking. As the primary utility token across both ecosystems, G’s use cases include:
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