what is up everyone my name is mike and welcome back to top crypto and in today's
video we are going to talk about another high potential project called project
galaxy but before we begin please be advised by our disclaimer since i'm not a financial advisor
so this video is for informational and educational purposes only so without further ado let us begin
project galaxy is the largest web 3 credential data network in the world
built on open and collaborative infrastructure project galaxy helps web3 developers and projects
leverage credential data to build better products and communities at the same time data curators are
rewarded when credentials are used in galaxy's application modules credential oracle engine
and credential api at project galaxy we are building the infrastructure to power an open
and collaborative credential data network we help web3 developers leverage credential data to build
better products and communities at the same time data curators contribute to our credential data
network while earning income once the data is utilized an example of on-chain credentials
would be the record that you borrowed money from aav and compound but never got liquidated
all of your behavioral data in web 2 counts towards your credentials and companies like google
and facebook run algorithms on your credentials so that they can send you targeted advertisements
with the advance of web 3 and daos there will be an explosion of behavioral data generated by waves
of new users this will provide the necessary infrastructure to help these new users build
digital credentials that will be of paramount importance credentials are important due to the
high use case they provide what's the problem with the current credential system credential
data today is segregated across closed databases that are owned and permissioned by applications
government organizations and financial and credit institutions this has led to a fractured landscape
that is not open to the individuals who should own that data or the applications that need it project
galaxy aims to solve this problem using an open and collaborative credential data network which
will help web3 developers leverage credential data to build better products and more engaging
communities project galaxy solution project galaxy aims to build an open and collaborative
credential data network that is accessible to all developers in web3 we provide the
infrastructure for community members to curate and contribute digital credentials to our data network
our infrastructure supports curating credentials through multiple data sources
for on-chain credentials curators can contribute with subgroup queries or static snapshots
for off chain credentials we have integrated with data sources such as snapshot
org twitter and github by contributing to galaxy's credential data network curators are rewarded when
credentials are used in galaxy's application modules credential oracle engine and credential
api because there are users consuming paying to use data in our ecosystem this incentivizes more
users to come curate for our data network to this day over 100 partners have already
launched over 500 campaigns on project galaxy here are some case studies to provide more info
bootstrapping community how hashflow used project galaxy to turbo charge to 600 million
dollars of trading volume customized voting system how project galaxy powered customized
voting strategy for mvb program loyalty program yearn finance introduces wolfie nft
on project galaxy growth hacking campaign project galaxy 2021 end of year rave what is galaxy oat
galaxy oat aims to be a lightweight solution for event organizers and community managers
to utilize project galaxy's nfd infrastructure and on-chain credential data network to build
and distribute nft badge campaigns easily and reward their community members to put it simple
galaxy o80s on chain achievement tokens are a digital record of all your life's achievements
let us take a quick look on its twitter page we can see here on its pinned tweet that states
project galaxy featuring 27 solana protocols presents to you
2022 is gonna be soulcool we're coming to solana with the biggest multi-chain feast in web 3.
project galaxy joined twitter back on march last year and it currently has 200.8k followers
and to be updated about project galaxy's latest tweets be sure to click the follow
button to stay updated and that is all for project galaxy come and visit our channel
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