GALAXIA (GXA) is a token built on the Klaytn blockchain, designed as a user-focused payment and reward system for various services. It operates on a unified platform that ensures a sustainable blockchain service environment by enabling swift and transparent transactions for buying and selling NFTs, as well as facilitating financial services like STO and DeFi.
GXA serves multiple functions as a native utility token, including:
* Being a medium for payments and rewards on the NFT Platform MetaGalaxia.
* Serving as a payment and reward option on the STO Platform GALAXIA STO.
* Allowing users to earn interest via the staking service on the DeFi Platform GALAXIA DeFi.
* Supporting payments and rewards within metaverse projects like the 'food metaverse' and 'pet metaverse,' developed in collaboration with other companies.
* Acting as a payment method in the Galaxia Moneytree's on-offline PG merchant services.
How Many GALAXIA Tokens Are There in Circulation?
At the genesis, 10 billion GALAXIA tokens were created. To foster a thriving ecosystem for the GALAXIA project, 40% of the total tokens will be allocated. These will be distributed initially to the platform that allows the best circulation, with specific amounts assigned to each platform.
An additional 20% is reserved to offer rewards for using affiliated services, including the NFT platform MetaGalaxia, to enhance the token's utility. The remaining tokens are allocated for development, operations, business partnerships, marketing, and other purposes.
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