No items found.

Galaxia

price
change

Discover Galaxia's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Galaxia?

Galaxia (GXA) is a cryptocurrency launched in 2022, designed to provide a unified platform ecosystem centered on user convenience, rewards, and payments. It aims to integrate various financial and payment services, starting with an NFT platform built on the low-fee and high-deterministic blockchain platform Klaytn. The token is intended to be used as a means of purchase and reward, offering users a seamless experience with low fees and transparent transactions.

How is Galaxia used?

Galaxia (GXA) is a utility token used within the Galaxia ecosystem, which includes various blockchain services. Here are the primary use cases for GXA:

  1. Payment and Reward: GXA is used as a means of payment and reward for services within the Galaxia ecosystem, such as the NFT marketplace MetaGalaxia and the STO platform GALAXIA STO.

  2. NFT Marketplace: GXA can be used to purchase NFTs at a lower price in the MetaGalaxia marketplace. Users who mint NFTs and promote them on social media can earn GALAXIA tokens.

  3. DeFi Services: GXA holders can access features offered by the platform, including DeFi services such as staking and interest payments.

  1. Online and Offline Payments: GXA can be used for online and offline payments, providing a convenient payment method for users.

  2. Membership Benefits: Holders of a certain amount of GXA can enjoy additional benefits and events within the Galaxia ecosystem.

  3. Exchange: GXA is listed on top global exchanges, making it highly liquid and exchangeable for a wide range of assets.

Overall, GXA plays a central role in facilitating transactions and interactions within the Galaxia ecosystem, which includes NFT marketplaces, DeFi services, and payment systems.

How do I store Galaxia?

To store Galaxia (GXA) tokens, you can use a decentralized wallet that supports multi-chain platforms such as Klaytn, Ethereum, Polygon, and BNB chain. The GALAXIA Wallet is a secure option that allows for the convenient and secure storage, deposit, and withdrawal of virtual assets and NFTs. Additionally, it offers various services like staking and raffle.

How to buy Galaxia?

To buy Galaxia (GXA) tokens, follow these steps:

  1. Create an Account on a Centralized Exchange:

    • Choose a reliable exchange that supports GXA, such as GOPAX or Gate.io.
    • Register by providing necessary information, including your email address and a secure password.
    • Complete any required identity verification steps.
  2. Fund Your Account:

    • Add a payment method, such as a credit/debit card, bank deposit, or third-party payment service.
    • Ensure you understand the fees associated with each payment method.
  3. Buy GXA:

  • Navigate to the Buy & Sell section and select GXA as the cryptocurrency you want to purchase.
  • Choose your preferred order type, such as Market Order, Stop Order, or Limit Order.
  1. Transfer GXA to Your Wallet:
    • You can hold your GXA in your exchange account or transfer it to a personal cryptocurrency wallet, such as Metamask Wallet, for additional security and trading options.

Alternatively, you can also buy GXA through a decentralized exchange (DEX) by connecting your crypto wallet and using a supported payment method.

Discover
Galaxia
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

History of Galaxia

Galaxia (GXA) is a cryptocurrency that has been in existence for some time, with significant milestones and market trends shaping its history. Here are some key points about the history of Galaxia:

Early Development and Launch

Galaxia was created as a standard token for the blockchain network, specifically designed to operate on the Klaytn platform. This platform is known for its low fees and high determinism, making it an attractive choice for various financial and payment services. The whitepaper for Galaxia outlines the project's goals and vision, including the creation of a sustainable blockchain environment with fast and transparent processes.

Market Performance

Galaxia has experienced significant price fluctuations over time. At its all-time high on January 24, 2023, the price of GXA reached $0.02139. However, it has since declined, with a current price around $0.001179. The cryptocurrency has also seen notable market capitalization, with a current market cap of $3,112,612.

Circulating Supply and Token Distribution

There are a total of 7,619,439,991 GXA tokens, with 2,516,376,928 currently in circulation. The distribution of tokens is planned to support various services and platforms, including the NFT platform MetaGalaxia, STO Platform GALAXIA STO, and DeFi Platform GALAXIA DeFi. A significant portion of the tokens will be used for development, operation, business partnerships, and marketing.

Use Cases and Partnerships

Galaxia is designed to be a versatile token, used for various purposes such as payment and reward means in different platforms. It is also used in metaverse projects like the "food metaverse" and "pet metaverse" through partnerships with other companies. Additionally, it serves as a means of payment in the on-offline PG merchant of Galaxia Moneytree.

Price Predictions and Market Trends

Price predictions for Galaxia vary, but some forecasts suggest that the price could rise to $0.004016 by July 19, 2024, representing a significant increase from its current price. Market sentiment and technical indicators can influence the price, and investors should stay informed about the latest trends and developments.

Community and Popularity

Galaxia has a dedicated community, with over 1,052 watchlists on CoinMarketCap, indicating a moderate level of interest and investment in the token. The project's official website and social media channels provide updates on its progress and future plans.

Overall, Galaxia's history reflects its efforts to create a sustainable blockchain environment and its potential for growth and adoption in various sectors.

Discover
Galaxia
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

How Galaxia works

Galaxia (GXA) is a cryptocurrency built on the Klaytn blockchain platform, known for its low fees and high scalability. Here's an overview of how it works:

Token Usage

Galaxia (GXA) serves as a key payment and reward method within the blockchain platform. It can be used in various ways:

  • Payment Method: GXA can be used to purchase digital NFT items, such as art and artwork, within the MetaGalaxia service.
  • Reward: Users can earn GXA as a reward for participating in events, inviting friends, and engaging in activities that help activate MetaGalaxia services.
  • Staking: Token holders can earn GXA as interest by staking their tokens in a designated pool for a certain period.
  • Exchange: GXA can be exchanged for other cryptocurrencies or fiat currency on general exchanges.
Token Supply and Demand

The total supply of GXA is 10 billion tokens. The supply and demand are influenced by various factors, including:

  • Token Burning: The Galaxia team decides on the incineration schedule and amount based on market conditions, which helps maintain the token's value.
  • Token Distribution: GXA tokens are distributed through various means, such as participant compensation, NFT purchases, staking, and events.
Blockchain Technology

Galaxia leverages blockchain technology to ensure transparency, security, and scalability. The use of Distributed Ledger Technology (DLT) allows for:

  • Reliability: Transaction details are stored in multiple distributed systems, eliminating the risk of forgery and falsification.
  • Efficiency: The blockchain network enables efficient traceability and processing of transactions.
Ecosystem

Galaxia is part of a broader ecosystem that includes:

  • MetaGalaxia NFT Platform: A platform for creating, buying, and selling NFTs, with GXA as the primary currency.
  • DeFi Services: A decentralized financial platform offering deposit interest, collateralized loans, and exchange services.
  • NFT Gallery and STO: An NFT gallery and Security Token Offering (STO) platform for diversified investment in real assets.
  • Online and Offline Payment: Integration with payment affiliates and the Moneytree point exchange platform for real-world usage.
Wallet and Exchange

GXA can be stored, sent, and received using the GALAXIA Wallet, a decentralized wallet supporting multi-chain platforms. It can be purchased on centralized exchanges like KuCoin or decentralized exchanges (DEXs) through crypto-to-crypto exchanges.

Overall, Galaxia (GXA) is designed to provide a user-centered experience, with a focus on usability, security, and scalability within the blockchain ecosystem.

Discover
Galaxia
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Galaxia's strengths

The token Galaxia (GXA) has several strengths that contribute to its potential as a cryptocurrency investment. One of its key strengths is its versatility in usage. GXA can be used as a payment method in services affiliated with or launched by the Galaxia project team, and it is also required to receive interest payments using the staking service. Additionally, GXA can be exchanged for external cryptocurrency or fiat currency on general exchanges, providing users with flexibility in managing their assets.

Another strength of GXA is its reward system. Users can acquire GXA tokens by participating in various services and events operated by the Galaxia project team, such as purchasing digital NFT items, operating the DeFi financial platform, and participating in events like friend invitations and airdrop events. This incentivizes users to engage with the platform and its services, fostering a sense of community and encouraging active participation.

Furthermore, the Galaxia project aims to build a sustainable web 3.0 blockchain platform environment by providing services at low cost and implementing fast and transparent processes. This focus on efficiency and transparency can attract users seeking reliable and secure blockchain services.

The token's utility is also enhanced by its integration with various financial services. For instance, GXA will be used as a key currency to provide various financial benefits such as deposit interest, mortgage loans, and exchanges, making it a central component of the Galaxia ecosystem.

Overall, the strengths of Galaxia (GXA) lie in its multifaceted usage, reward system, focus on efficiency and transparency, and integration with financial services, making it an attractive option for those interested in investing in a cryptocurrency project.

Galaxia's risks

Galaxia (GXA) is a cryptocurrency that operates on the Klaytn blockchain platform, which is known for its low fees and high scalability. The financial risks associated with Galaxia are primarily related to its risk score, which has been assessed as moderate and low at different times.

In December 2023, Galaxia's risk score indicated it was a relatively moderate risk investment, suggesting that investors should be cautious when considering it. However, by January 2024, the risk score had improved, indicating that Galaxia was a relatively low-risk investment. This change in risk assessment highlights the dynamic nature of the cryptocurrency market and the need for ongoing evaluation.

Additionally, the Galaxia whitepaper outlines various methods for obtaining and using the GXA token, including through purchases, rewards, and staking. The token's supply and demand are influenced by its use in services such as the MetaGalaxia NFT platform and DeFi financial platforms. The whitepaper also mentions token burning and reward mechanisms, which are decided by the Galaxia team based on market conditions.

Overall, while Galaxia's risk score has fluctuated, its financial risks are primarily tied to market conditions and the adoption of the token within its ecosystem.

Discover
Galaxia
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Did Galaxia raise funds?

Discover
Galaxia
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Galaxia's ecosystem

No items found.
No items found.
Discover
Galaxia
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Galaxia’s team

  • The team behind the crypto Galaxia (GXA) includes the GALAXIA team, which aims to provide a sustainable blockchain platform environment by implementing fast and transparent processes.

Whalee AI

The fundamental analysis assistant for crypto value investors.

Galaxia NEWS REPORT

Latest news

Want an analysis of Galaxia? Tell us on discord.

Similar tokens

Looks like we're missing similar tokens!
Help us improve!
Tell us what you think of this page and which features you would like to see next.
OPEN FORM