Blockchain technology already allows gamers to experience some spectacular NFTs and P2E games in the exciting metaverse. Now some brand new technology empowers developers to launch new games faster and more easily than ever before.
GalaxyPad is a fully decentralised cross-chain infrastructure, whose goal is to create a fair, transparent, secure and inclusive environment to enable millions of new people to discover NFTs, P2E games and metaverse. By providing developers with next-generation tools designed specifically with NFTs and metaverse in mind, GalaxyPad will help to advance the global adoption of these revolutionary technologies.
GalaxyPad was made to solve some of the most serious issues with the current crypto launchpad, such as limitation to a single blockchain, high cost of participation, and the lack of fairness and transparency. Because of these problems, launching a promising crypto project used to be a tiresome, inefficient and costly process.
GalaxyPad changes this situation completely. By empowering project owners with a powerful set of innovative tools, launching NFT games and metaverse projects becomes easier than ever before. GalaxyPad provides teams with cross-chain support, fairness and transparency, all at a very accessible cost compared to other IDO launchpads in the ecosystem.
The GalaxyPad Ecosystem
In order to provide the developers with a next generation infrastructure for launching NFT games and metaverse projects, GalaxyPad has created a powerful set of tools, which combined together make up the most powerful NFT and metaverse focused environment in the blockchain ecosystem.
The core element of GalaxyPad is the Launchpad, which enables decentralized crowdfunding for NFT games and metaverse projects by hosting IDOs and IGOs in an accessible, transparent and cost-efficient way.
In order to make launching a project even easier, GalaxyPad also includes Planet Incubation – a complex support platform that helps the developers to launch successful projects by assisting them with expertise, experience and technical knowledge.
An important part of the GalaxyPad ecosystem is the PlanetDAO. Thanks to this Decentralized Autonomous Organization, the community of GalaxyPad supporters can have control over the development of GalaxyPad.
But that’s not all! Features such as Planet Marketplace and Planet Farm empower you to easily trade NFTs and earn passive yield, and in the future the GalaxyPad ecosystem will be expanded by the launch of Galaxy Kingdom – one of the most advanced Play to Earn games ever created!
GalaxyPad Token
The GalaxyPad Token (GXPAD) is the native utility token powering the entire GalaxyPad ecosystem. The main functions of the GXPAD token are incentivization, governance, project development, and platform fees.
Staking GXPAD tokens allows for participation in projects within the GalaxyPad ecosystem. The longer the staking period and the higher the staked amount, the more influence you will earn.
Staking GalaxyPad tokens also enables you to gain voting rights in the PlanetDAO. As GalaxyPad transitions to a full DAO governance model, your GXPAD tokens will empower you with the ability to control the direction in which the project evolves.
Another benefit of holding GXPAD tokens are the various discounts it grants in the Planet Marketplace. By using GXPAD tokens, investors will be able to trade unique NFTs with very low fees.
The GXPAD tokenomics are designed to maximally benefit all the participants in the GalaxyPad ecosystem. The GalaxyPad token has a fixed total supply of 100,000,000 GXPAD tokens, making it a deflationary crypto asset expected to appreciate in price as the time goes on.
Distributing most of the tokens to the community helps to guarantee that GalaxyPad remains a decentralized and democratic project, while dedicating some of the supply for marketing efforts is intended to help the project gain fast adoption and global recognition in a short time.
Original article: //www.cryptopolitan.com/galaxypad-a-decentralized-infrastructure-for-nft-games-and-metaverse-projects/
Disclaimer: Information shared at IlluviumFox is not investment advice. Investors should do their own due diligence before making any high-risk investments in cryptocurrency, digital assets or bitcoin. Please be advised that your trades and transfers are made at your own risk and any losses you may incur are your responsibility. IlluviumFox does not recommend the buying or selling of any digital assets or cryptocurrencies. IlluviumFox is not an investment advisor and is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by information provided on the site. Please note that IlluviumFox participates in affiliate marketing.
