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It's been almost nine months since we launched Project Galaxy in May 2021. The last nine months have been crazy and we have achieved far more than we ever expected. During that time, we had 150,000 unique on-chain users from six different blockchain ecosystems. Galaxy Credential Data Network now has over 500 digital Credential sets covering over 3 million users in Web3. More than 100 projects and organizations have launched more than 500 campaigns using Galaxy's digital credentials data. None of this would have been possible without our amazing community, partners and supporters. Today, we'd like to take the opportunity to talk more about our mission, future plans and some highlights from the past.
At Project Galaxy, we are building the infrastructure to support an open and collaborative credential data network. We help Web3 developers leverage credential data to build better products and communities. At the same time, the data manager contributes to our credential data network while earning revenue after the data is used.
Credentials exist in our daily lives. An example of on-chain credentials would be records where you borrowed money from AAVE and Compound but were never liquidated. Your contribution to the liquidity pool when the agreement was first launched, or your on-chain voting history, are credentials. All data about your behavior in Web2 counts toward your credentials, and companies like Google and Facebook run algorithms on your credentials so they can send you targeted ads.
Credentials are important because they provide a high use case. Applications can use your credentials to calculate credit scores, find target audiences, reward community contributors, and more. With advances in Web3 and DAOs, the amount of behavioral data generated by new users will explode. This will provide the necessary infrastructure to help these new users establish vital digital credentials.
Credential data today is segregated in closed databases owned and licensed by applications, government organizations, and financial and credit institutions. This results in a fragmented landscape that is not open to the individuals who should have the data or the applications that need it. Project Galaxy aims to solve this problem using an open and collaborative credential data network that will help Web3 developers leverage credential data to build better products and more engaging communities.
Project Galaxy aims to build an open and collaborative credential data network that can be accessed by all developers in Web3. We provide the infrastructure for community members to manage and contribute digital credentials to our data network. Our infrastructure supports managing credentials through multiple data sources. For on-chain credentials, curators can contribute through subgraph queries or static snapshots. For off-chain credentials, we have integrated with data sources such as http://Snapshot.org, Twitter, and Github.
By contributing to Galaxy's credential data network, curators are rewarded when credentials are used in Galaxy's application module, credential Oracle engine, and credential API. Because there are users in our ecosystem who consume (and pay for) data, this encourages more users to manage our data network.
To date, more than 100 partners have launched more than 500 campaigns on Project Galaxy. Here are some case studies to provide more information:
With Galaxy Credentials, we'll be able to build a Web3 DID system that not only provides you with a multi-chain identity, but also lets others learn more about you through your past accomplishments/Credentials. Programs such as Cyber Connect, Unipass, and Salad Venture already use Galaxy Credentials in their products, and we look forward to exploring this more in the future.
If you would like to contribute credentials to the Galaxy Data network, or use Galaxy credentials in our products/communities, you can apply for closed Beta access here. We're hiring too! If you are interested in being part of the history of building the Web3 Credential data network, check out our job openings here. We are very excited about the journey ahead.
Project Galaxy is the largest Web3 credential data network in the world. Project Galaxy is built on an open and collaborative infrastructure that helps developers and projects leverage digital credential data to build better products and communities in Web3.
It's been almost nine months since we launched Project Galaxy in May 2021. The last nine months have been crazy and we have achieved far more than we ever expected. During that time, we had 150,000 unique on-chain users from six different blockchain ecosystems. Galaxy Credential Data Network now has over 500 digital Credential sets covering over 3 million users in Web3. More than 100 projects and organizations have launched more than 500 campaigns using Galaxy's digital credentials data. None of this would have been possible without our amazing community, partners and supporters. Today, we'd like to take the opportunity to talk more about our mission, future plans and some highlights from the past.
At Project Galaxy, we are building the infrastructure to support an open and collaborative credential data network. We help Web3 developers leverage credential data to build better products and communities. At the same time, the data manager contributes to our credential data network while earning revenue after the data is used.
Credentials exist in our daily lives. An example of on-chain credentials would be records where you borrowed money from AAVE and Compound but were never liquidated. Your contribution to the liquidity pool when the agreement was first launched, or your on-chain voting history, are credentials. All data about your behavior in Web2 counts toward your credentials, and companies like Google and Facebook run algorithms on your credentials so they can send you targeted ads.
Credentials are important because they provide a high use case. Applications can use your credentials to calculate credit scores, find target audiences, reward community contributors, and more. With advances in Web3 and DAOs, the amount of behavioral data generated by new users will explode. This will provide the necessary infrastructure to help these new users establish vital digital credentials.
Credential data today is segregated in closed databases owned and licensed by applications, government organizations, and financial and credit institutions. This results in a fragmented landscape that is not open to the individuals who should have the data or the applications that need it. Project Galaxy aims to solve this problem using an open and collaborative credential data network that will help Web3 developers leverage credential data to build better products and more engaging communities.
Project Galaxy aims to build an open and collaborative credential data network that can be accessed by all developers in Web3. We provide the infrastructure for community members to manage and contribute digital credentials to our data network. Our infrastructure supports managing credentials through multiple data sources. For on-chain credentials, curators can contribute through subgraph queries or static snapshots. For off-chain credentials, we have integrated with data sources such as http://Snapshot.org, Twitter, and Github.
By contributing to Galaxy's credential data network, curators are rewarded when credentials are used in Galaxy's application module, credential Oracle engine, and credential API. Because there are users in our ecosystem who consume (and pay for) data, this encourages more users to manage our data network.
To date, more than 100 partners have launched more than 500 campaigns on Project Galaxy. Here are some case studies to provide more information:
With Galaxy Credentials, we'll be able to build a Web3 DID system that not only provides you with a multi-chain identity, but also lets others learn more about you through your past accomplishments/Credentials. Programs such as Cyber Connect, Unipass, and Salad Venture already use Galaxy Credentials in their products, and we look forward to exploring this more in the future.
If you would like to contribute credentials to the Galaxy Data network, or use Galaxy credentials in our products/communities, you can apply for closed Beta access here. We're hiring too! If you are interested in being part of the history of building the Web3 Credential data network, check out our job openings here. We are very excited about the journey ahead.
Project Galaxy is the largest Web3 credential data network in the world. Project Galaxy is built on an open and collaborative infrastructure that helps developers and projects leverage digital credential data to build better products and communities in Web3.
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