Galxe, a leading Web3 credentials and rewards platform, has announced the Galxe Gravity Alpha Mainnet launch of its Layer 1 blockchain, Gravity. The company’s goal is to provide a more seamless user experience and eliminate fragmentation in Web3. This development is a huge step in the right direction. Launching its Gravity Alpha Mainnet, Galxe promises improved functionality for its large user base of over 25 million active users. It achieves this by integrating all of its products into a single chain.
A watershed point in the development of Web3 technologies has occurred with the Galxe Gravity Alpha Mainnet launch. To address important issues in the blockchain ecosystem, Galxe has introduced a Layer 1 omni-chain smart contract platform. Existing products and the Web3 community should prepare for far-reaching consequences of this decision.
Gravity: A Solution to Web3 Fragmentation
With the Galxe Gravity Alpha Mainnet launch, the omni-chain smart contract platform Gravity is introduced. Its purpose is to tackle the long-standing problem of Web3 fragmentation. It achieves this by “offering seamless cross-chain interactions and full-chain abstraction.” Thus, making a seamless user experience possible. Gravity is an effort to make using different blockchain networks easier and more integrated.
Launching on the Galxe Gravity Alpha Mainnet, a blockchain with strong technological underpinnings is on display. Gravity is an upgraded, scalable, proof-of-stake blockchain that uses the Arbitrum Nitro stack. Its Ethereum Virtual Machine compatibility ensures extensive interoperability with Ethereum-based apps and smart contracts.
Using Reth as its execution layer is one of the Galxe Gravity Alpha Mainnet launch’s primary technological characteristics. It also uses the Jolteon (AptosBFT) consensus algorithm. According to the team, it will enable near-instant finality and high throughput. These technological choices demonstrate Galxe’s commitment to creating a high-performance blockchain that can handle modern decentralised apps.
An important part of launching Galxe Gravity Alpha Mainnet is bringing all of Galxe’s current products onto the new blockchain. Products like Galxe Identity Protocol, Quest, Compass, and Passport are part of this category. With the integration of various items into a single chain, Galxe strives to provide a ”more cohesive experience.” for its extensive user base of over 25 million.
G Token: The Native Currency of Gravity
The G token’s debut lies at the heart of the Galxe Gravity Alpha Mainnet launch. The blockchain will support “G token native staking and restaking protocols including Babylon and EigenLayer,” the press release continued, to unite “a cross-spectrum community to collectively safeguard the Gravity chain.”
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In the context of the Gravity ecosystem, this native coin will serve several purposes. G token will be used as the native gas token that will cover the costs of Gravity blockchain transactions. It will also help to drive governance decisions.In addition, the token will act as a growth incentive by facilitating more network engagement and development. It is a medium of exchange that users may use to pay for things in the Galxe ecosystem.
Aside from the G token, other exciting features have been released with the Galxe Gravity Alpha Mainnet launch. Particularly noteworthy is the backing of “chain-agnostic gas payments.” There may be less obstacles to entrance and better user experience as a result of this feature. This lets users pay transaction fees using their current Galxe ecosystem balance.
Galxe’s Financial Backing and Industry Support
The Galxe Gravity Alpha Mainnet launch is the new development for the firm, following substantial funding. Industry giants Dragonfly Capital and Multicoin Capital were among the backers of Galxe’s $10 million fundraising round in 2022. The industry’s faith in Galxe’s mission and the Gravity blockchain’s potential is demonstrated by this financial backing. Although this is a major step forward with the Galxe Gravity Alpha Mainnet launch, there is much more to come. In Q2 of 2025, the business plans to launch the fully functional Gravity Mainnet.
Galxe Gravity Alpha Mainnet Launch: A New Chapter in Web3 Innovation
The Galxe Gravity Alpha Mainnet launch is a major step forward. It will contribute towards creating a more streamlined and accessible Web3 environment. Gravity, Galxe’s new cryptocurrency, is aiming to revolutionise the industry. It would solve important problems including blockchain fragmentation and cross-chain interactions.
The Web3 community is eagerly awaiting the results of Gravity’s testing and refining on the alpha mainnet. If this platform takes off, it may change the game for how decentralised apps and blockchain interoperability work.
The Galxe Gravity Alpha Mainnet launch heralds a thrilling new era in blockchain technology. Owing to its novel features, solid technological base, and support from prominent figures in the field. Looking ahead to the complete mainnet launch in 2025, it’s evident that Galxe is determined to revolutionise the Web3 sector. They would be testing new limits and changing the game for years to come. TheBITJournal is committed to bringing you the latest updates in the crypto world. Stay tuned!
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