Galxe’s Gravity Network Expands with New EVM Upgrade and $50M Support Fund
TL;DR Galxe has introduced Grevm 1.0, a new Ethereum Virtual Machine upgrade built on Rust, enhancing the performance and scalability of the Gravity network for developers.
Galxe (formerly known as Project Galaxy) is a Web3 credential data network that aims to provide an open, transparent, and collaborative infrastructure for developers and projects in the blockchain and Web3 space. It helps developers build better products and communities by providing a credential tracking system built on blockchain technology that allows for secure and transparent management of user data.
The platform aims to revolutionize data storage and return full personal data ownership to users while prioritizing user privacy. Additionally, Galxe is building an NFT-as-a-Service (NaaS) and Galxe OAT (Open Authentication Technology) to enable event organizers and community managers to utilize NFT-based loyalty systems. Overall, Galxe aims to provide innovative solutions for digital assets management and user authentication in the Web3 ecosystem.
TL;DR Galxe has introduced Grevm 1.0, a new Ethereum Virtual Machine upgrade built on Rust, enhancing the performance and scalability of the Gravity network for developers.
TL;DR Galxe’s Gravity Platform: A new Layer 1 omnichain smart contract platform called Gravity has been introduced by Galxe, aiming to transform Web3 interactions with its
Since its introduction in 2021, Galxe has grown considerably. In 2022, the firm simply didn’t let anything stop it on its way to success. The Galxe
Just recently, Galxe joined hands with the Boba network and launched the Boba Voyage. The Boba Voyage campaign would take users on a journey across different
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
Ads
© Wealth Growth Insights