Binance’s latest Launchpool Project Galaxy ($GAL) is a GREAT p | The best crypto signals channel

Binance’s latest Launchpool Project Galaxy ($GAL) is a GREAT project and I’m very bullish about it. To give you a quick intro, Project Galaxy is the largest Web3 credential data network and it helps developers and organizations leverage NFTs and digital credential data to build better Web 3products and communities.

With the richest data and the easiest-to-use engagement modules, Galaxy is now the go-to-resource for projects to engage users; as more users are rewarded based on credential data, this will create a network effect and create more credential data. This growing usage of Galaxy Network will credential curators to contribute more credentials to the network because the likelihood of their credentials being used is higher, which comes full circle and attracts more projects to use Project Galaxy. Project Galaxy’s credential data infrastructure will be the foundation of the next generation of credit market. Current market size is $263.47bn with 8.5% yearly growth rate.

The most important thing: curators are incentivized to stake $GAL tokens to signal a credential data set’s value, and Organizations/DAOs who wish to utilize Project Galaxy’s application module are required to stake $GAL token. Moreso, the revenue generated from Project Galaxy platform will be used to buy back $GAL tokens from the secondary market, decreasing circulating supply. Hence the price of $GAL will likely to

Launchpool – 00:00 AM UTC, April 29th on Binance
https://www.binance.com/en/support/announcement/ea7c702d59a84dc29e2ed7ab3ad24c38
Token Listing - 12:00 PM UTC, May 5th on Binance
To know more about Project Galaxy & try it yourself - https://galaxy.eco/