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Galeon

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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 Galeon?

Galeon (GALEON) is a cryptocurrency that powers a revolutionary AI-driven healthcare community. It utilizes blockchain technology and machine learning to create a secure and transparent framework for medical data, enabling collaboration between patients, researchers, and healthcare professionals. This framework aims to improve the quality and accessibility of healthcare by structuring and protecting patient data, facilitating medical research, and enhancing the discovery of life-saving treatments.

How is Galeon used?

The crypto token Galeon (GALEON) is used within a revolutionary AI-powered healthcare community that empowers patients, researchers, and healthcare professionals to collaborate and drive innovation in medicine. Here are some key ways it is utilized:

  1. Patient Data Management: Galeon's Patient Record data structuring engine allows the use of patient medical data that has been consented to. This data is used to improve medical research and enhance the value of health data.

  2. Decentralized Autonomous Organization (DAO): The DAO represents patients worldwide and supports medical research by funding non-profit projects with significant impact for humanity. It operates on the blockchain, empowering patients and GALEON token holders to choose future innovations to support.

  3. Staking Programs: Galeon offers staking programs, allowing users to participate in long-term savings on the blockchain.

  1. Investing in ICOs: The community supports the best projects, helping them raise funds in cryptocurrency through Initial Coin Offerings (ICOs).

  2. Voting for Research: Token holders can vote for future research projects to be funded, ensuring that the community has a say in the direction of medical innovation.

  3. Trading: GALEON tokens can be traded on decentralized and centralized cryptocurrency exchanges, such as BitMart, PancakeSwap, and others.

Overall, the Galeon token is a key component of a collaborative healthcare ecosystem that leverages blockchain technology and artificial intelligence to improve medical research, patient care, and the overall healthcare experience.

How do I store Galeon?

To store Galeon (GALEON) tokens, you have several options:

  1. Hot Wallets: You can store your GALEON tokens on exchanges like Binance Wallet or on crypto wallets like Trust Wallet. These wallets are always online and accessible, but they carry a higher risk of being hacked.

  2. Cold Wallets: For long-term storage and maximum security, use cold wallets, which are offline and not connected to the internet. There are two types of cold wallets:

    • Paper Wallets: Generate public and private keys offline and print them on paper. This method is secure but less convenient for frequent transactions.
    • Hardware Cold Wallets: These are physical devices like USB drives where you can store your cryptocurrency. They are highly secure and suitable for storing large amounts of coins or tokens.

It is recommended to use cold wallets for long-term storage to minimize the risk of hacking and ensure the safety of your assets.

How to buy Galeon?

To buy Galeon (GALEON) tokens, you can follow these steps:

  1. Choose a Platform: You can buy Galeon on various platforms such as Bitrue, CoinCarp, MEXC, and PancakeSwap. Each platform has its own process, but the general steps are similar.

  2. Set Up a Wallet: Download and install a Web3 crypto wallet like Metamask or an App wallet like Trust Wallet, which is supported by the chosen platform. Create and set up a new wallet.

  3. Transfer Funds: Transfer the mainnet cryptocurrency (e.g., ETH or BNB) to your wallet address. This can be done by purchasing the cryptocurrency with fiat and transferring it to your wallet.

  1. Connect to DEX: Connect your wallet to the decentralized exchange (DEX) by clicking "Connect Wallet" and following the instructions.

  2. Swap for Galeon: Find the "Swap" option on the DEX, choose the token you want to trade from the dropdown menu, and select Galeon as the "To" currency. Enter the amount you want to trade and confirm the swap.

  3. Store or Use: After buying Galeon, you can store it in your wallet for long-term holding, trade it for other cryptocurrencies, earn rewards by staking, or use it to purchase goods and services that accept crypto payments.

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History of Galeon

The history of Galeon (GALEON) dates back to 2016 when its founders, a doctor and IT/business experts, set out to create a next-generation Electronic Health Record (EHR) system. This system aimed to allow anyone to contribute by sharing medical data anonymously and securely to help eradicate diseases. The Galeon token was established as an ERC-20 and BEP-20 token, based on both the Ethereum and Binance Smart Chain blockchains.

The project's primary goal was to create a collaborative healthcare platform where hospitals, patients, and caregivers could connect through blockchain technology. This platform would generate and navigate through millions of medical structured data, utilizing blockchain and machine learning to train medical artificial intelligence algorithms in a decentralized manner while keeping patient data private.

Galeon's vision was to create a world where everyone could contribute to the betterment of healthcare by sharing medical data securely. The project also aimed to monetize the collected data, with half of the proceeds going to a DAO (Decentralized Autonomous Organization) for non-profit research. Hospitals could deploy the system and pay for part of their services using GALEON tokens.

Over time, the project evolved to include features such as drug repurposing and blockchain swarm learning, further enhancing its capabilities in the healthcare sector. Today, Galeon continues to work towards its mission of making healthcare more accessible, affordable, and collaborative through its innovative use of blockchain and AI technologies.

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How Galeon works

The crypto Galeon (GALEON) is a token that operates within a blockchain-based ecosystem focused on revolutionizing healthcare through the use of artificial intelligence (AI). Here's a detailed overview of how it works:

Healthcare Platform

Galeon aims to improve healthcare by integrating AI into medical practices. The platform uses blockchain technology to facilitate decentralized training of medical AI while preserving patient privacy. This is achieved through an Electronic Health Record (EHR) system that structures medical data, allowing for more accurate and efficient diagnosis and treatment.

Staking and Passive Income

Galeon offers staking programs that allow investors to generate long-term passive income. These programs involve locking in Galeon tokens for a specified period, typically three years, in exchange for various bonuses and rewards. The staking process is similar to a bank, where investors deposit tokens and earn interest rates. The platform uses these deposited tokens to validate transactions and maintain the network.

Token Trading and Exchanges

Galeon tokens can be traded on both decentralized and centralized cryptocurrency exchanges. The most popular exchange for Galeon is PancakeSwap (v2), with a GALEON/WBNB currency pair. The tokens can be purchased using credit cards or directly on the Galeon dashboard with a connected wallet.

Tribe Points and Additional Bonuses

Galeon has introduced a feature called Tribe Points, which rewards users for participating in staking programs. These points can be used to access additional bonuses, such as purchasing merchandise, NFTs, attending exclusive events, and donating to associations or NGOs. Users can earn Tribe Points by staking Galeon tokens, particularly in the Staking King program.

Security and Wallets

Galeon tokens are stored in digital wallets, such as Galleon Wallet, which allows users to manage their assets securely. Although the Galleon Wallet experienced some network issues, it is currently operational and allows users to connect and operate with various decentralized applications (dApps).

Overall Functionality

In summary, Galeon is a cryptocurrency project that leverages AI to improve healthcare outcomes. It operates through a blockchain-based platform, offering staking programs for passive income, token trading on various exchanges, and a rewards system through Tribe Points. The project aims to create a collaborative network involving hospitals, patients, caregivers, researchers, and innovators to enhance healthcare services.

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Galeon's strengths

The token Galeon (GALEON) has several strengths that contribute to its potential and value:

  1. Decentralized Healthcare: Galeon is built on the principles of decentralized science (DeSci), which aims to facilitate access to health data and conduct research in an ethical and transparent manner. This approach empowers patients, researchers, and healthcare professionals to collaborate and drive innovation in medicine.

  2. Blockchain Swarm Learning: Galeon's proprietary technology, Blockchain Swarm Learning, allows for decentralized AI training while protecting patients' privacy and preserving hospitals' quality of care. This technology shares the value-added from data usage, giving hospitals' data its real worth.

  3. Community Engagement: The $GALEON token is associated with a committed and united community, known as Galeon's Pioneers, who share a common goal of making healthcare innovations accessible to all. Community members can participate in various activities such as voting for nonprofit research, staking tokens, and funding medical research.

  1. Tokenomics: The token allocation is structured to support the project's long-term growth, with significant portions dedicated to staking and rewards, operations, and ecosystem growth. This allocation ensures that the token's value is tied to the project's success and adoption.

  2. DAO Fund: The DAO Fund Treasury holds a substantial percentage of the token supply, which is used to support medical research and other initiatives that align with the project's goals. This fund helps to drive innovation and progress in the healthcare sector.

  3. Partnerships and Adoption: Galeon is traded on multiple exchanges, including BitMart and PancakeSwap, and has a significant trading volume. This widespread adoption and availability contribute to the token's liquidity and potential for growth.

Overall, Galeon's strengths lie in its innovative approach to healthcare, its community-driven model, and its well-structured tokenomics. These factors position Galeon as a promising investment opportunity with significant growth potential in the future.

Galeon's risks

Galeon (GALEON) is considered a high-risk investment, according to InvestorsObserver research. The proprietary system evaluates the token's susceptibility to manipulation by analyzing the amount of money required to shift its price over a 24-hour period, along with changes in volume and market capitalization. This gauge ranges from 0 to 100, with lower scores indicating higher risk and higher values representing lower risk. As a result, Galeon has been assigned a high Risk/Reward Score, indicating that investors should exercise caution when considering this cryptocurrency.

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Galeon's ecosystem

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Galeon’s team

  • Dr. Loïc Brotons: Co-founder and CEO of Galeon, a doctor who leads the company's efforts in integrating AI and blockchain in healthcare.
  • Matthieu: Co-founder and COO of Galeon, involved in the company's operations and development.
  • Engineers and Healthcare Professionals: The team includes a diverse group of engineers, doctors, cyber-pharmacists, and caregivers who contribute to the development of technical innovations and the ecosystem.
  • Cyber-Pharmacists: Part of the team, they are involved in the development of medical AI algorithms and the use of blockchain in healthcare.
  • Caregivers: They are part of the team and contribute to the development of the ecosystem, particularly in the context of healthcare institutions.

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The fundamental analysis assistant for crypto value investors.

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