{"id":13921,"date":"2024-05-30T11:21:04","date_gmt":"2024-05-30T08:21:04","guid":{"rendered":"https:\/\/forklog.com\/en\/galxe-to-launch-gravity-blockchain-on-arbitrum-nitro\/"},"modified":"2024-05-30T11:21:04","modified_gmt":"2024-05-30T08:21:04","slug":"galxe-to-launch-gravity-blockchain-on-arbitrum-nitro","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/galxe-to-launch-gravity-blockchain-on-arbitrum-nitro\/","title":{"rendered":"Galxe to Launch Gravity Blockchain on Arbitrum Nitro"},"content":{"rendered":"<p>Leading Web3 loyalty program platform Galxe has announced the launch of its first-level blockchain, Gravity.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Welcome to the decentralized future of Galxe. <a href=\"https:\/\/twitter.com\/GravityChain?ref_src=twsrc%5Etfw\">@GravityChain<\/a> was born from the need to reclaim and transform the Internet. It embodies the shift from control by the few to empowerment for the many. <a href=\"https:\/\/t.co\/zfnhIV1BsZ\">pic.twitter.com\/zfnhIV1BsZ<\/a><\/p>\n<p>\u2014 Galxe (@Galxe) <a href=\"https:\/\/twitter.com\/Galxe\/status\/1795945604058607926?ref_src=twsrc%5Etfw\">May 29, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The new system will be optimized for cross-chain interaction, utilizing zero-knowledge proofs.<\/p>\n<p>The PoS blockchain will be compatible with the Ethereum Virtual Machine. <a href=\"https:\/\/www.paradigm.xyz\/2022\/12\/reth#what-is-reth\">Reth<\/a> in Rust will serve as the execution layer, while <a href=\"https:\/\/aptos.dev\/reference\/glossary\/\">Jolteon (AptosBFT)<\/a> will act as the consensus algorithm.<\/p>\n<p>Key features of Galxe to be implemented on Gravity include:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>Web3 Credentials:<\/strong> The platform enables the creation, issuance, and verification of digital certificates (credentials) that confirm achievements, skills, and participation in various projects. This helps users build a reputation in the Web3 space;<\/li>\n<li><strong>Galxe Passport:<\/strong> The digital Galxe Passport consolidates user activities in one place, simplifying asset management and interaction with various platforms;<\/li>\n<li><strong>Loyalty Programs:<\/strong> Tools for creating NFT-based loyalty programs, allowing projects to reward users;<\/li>\n<li><strong>Galxe ID:<\/strong> A unique identifier that simplifies login to various Web3 applications and services, enhancing convenience and security;<\/li>\n<li><strong>Campaign &#038; OAT:<\/strong> Galxe allows projects to launch campaigns and distribute OAT (On-Chain Achievement Tokens) to attract new users and reward active community members.<\/li>\n<\/ul>\n<p>The implementation of the new project involves two main stages:<\/p>\n<ul class=\"wp-block-list\">\n<li>The release of the alpha mainnet based on the Arbitrum Nitro stack, scheduled for June;<\/li>\n<li>The launch of a fully functional main network, planned for the second quarter of 2025.<\/li>\n<\/ul>\n<p>In 2022, the Galxe platform <a href=\"https:\/\/chainbroker.io\/projects\/galxe\/\">raised<\/a> $10 million in investments from Multicoin Capital, Dragonfly Capital, and other market participants.<\/p>\n<p>Earlier in May, ConsenSys&#8217;s Linea project introduced a loyalty program aimed at boosting the use of its second-layer solution testnet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Leading Web3 loyalty program platform Galxe has announced the launch of its first-level blockchain, Gravity.<\/p>\n","protected":false},"author":1,"featured_media":13920,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1335,1571],"class_list":["post-13921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-arbitrum-arb","tag-galxe"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=13921"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13921\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/13920"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=13921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=13921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=13921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}