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Your Trusted Source for Institutional-Grade Analysis on the Digital Asset Market

Research: Akash Network
IntroductionNovaResearch is excited to present an in-depth analysis of one of the leading projects in decentralized physical infrastructure (DePIN) - the Akash Network. Akash Network stands at the forefront of this domain as a groundbreaking cloud computing platform. Its primary mission is to establish a decentralized marketplace for leasing computing resources, challenging conventional cloud service models. Since its inception in September 2020, Akash Network has been making notable strides....

Research: LiveArt
IntroductionNova is excited to support the launch of $xART, the Fjord Sale of $ART, the core token of LiveArt—an innovative multi chain ecosystem at the intersection of real-world assets (RWAs) and ArtFi. Backed by a distinguished group of Tier-1 investors, including Binance, OKX, KuCoin, and Animoca Brands, LiveArt is helmed by an experienced team with a track record of successful IPOs on the NYSE and high-profile Web2 exits to Christie's and Sotheby's. With over 13 million unique ...

Research: Raft
IntroductionWith Ethereum's monumental shift from Proof-of-Work (PoW) to Proof-of-Stake (PoS), the decentralized finance (DeFi) landscape has entered an era of unprecedented opportunities. Billions in potential value await capture by innovative protocols, and leading this charge is the concept of LSDfi. Nova Research is excited to spotlight Raft, a protocol that introduces R, a decentralized overcollateralized stablecoin backed by both collateralized debt positions (CDPs) and protocol re...
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We are excited to announce that Nova will be curating the node sale of Galactica on Fjord Foundry. Galactica is a Layer 1 protocol introducing the concept of Identity Virtual Machine (IVM), which integrates actionable identity as a core primitive. Through zkKYC and dynamic whitelisting, the protocol harmonizes permissionless innovation with regulatory compliance, safeguarding user privacy while ensuring dApp adherence to regulations.
With over 3 years of development, Galactica already has 3M active wallets utilizing its products. As the mainnet launch approaches, we will delve into the ecosystem the Galactica team is building, providing insights into how each component is designed to interact seamlessly.
The core vision of the Galactica Network is to build a meritocratic Decentralized Society (DeSoc) - Cypher State - wholly owned and governed by persistent verified identities known as Protocol Citizens.

Galactica offers a comprehensive technology stack designed to ensure Sybil resistance, preserve privacy, and foster a meritocracy rooted in on-chain reputation. Advanced technologies like zero-knowledge cryptography (ZK) and Fully Homomorphic Encryption (FHE) underpin this stack, safeguarding account-level privacy while enabling the creation of dynamic design spaces for DeSoc primitives.

In addition to privacy and meritocracy, the stack incorporates tools for regulatory compliance, such as contingent transactions and zkCertificates. These features ensure alignment with evolving legal requirements while preserving decentralization and user sovereignty. Together, these innovations position Galactica to drive the next wave of advancements in DAOs, DeFi, and protocol governance.
Team
With decades of combined experience in blockchain, software development, design, and strategic management, Galactica is led by a strong team of 14 members.

Mike Sarvodaya, Co-Founder of Galactica, Mike has built his career as a risk manager and analyst at leading global hedge funds, specializing in proprietary trading across currencies, stocks, commodities, and digital assets. Active in the digital assets space since 2016, he holds an MSc in Financial Econometrics.
Mark Berger, Co-Founder of Galactica, Mark brings extensive experience as a serial entrepreneur and leader in blockchain. Previously, he co-founded Scalable Solutions AG. With over two decades in investment banking and a decade as a blockchain entrepreneur, he holds an MSc in Digital Currency.
Alexander Kalén, Chief Growth Officer (CGO) at Galactica, Alexander is a seasoned professional with over 15 years of experience as a serial entrepreneur. Formerly a Senior Growth Hacker at SwissBorg, he has been deeply involved in the crypto space for more than 8 years.
Mikhail Tikhonov, Chief Product Officer (CPO) at Galactica Network, Mikhail brings 8 years of experience in project and product management, including 5 years in the digital assets space. Previously, he served as Product Owner at companies like OCCAM.FI, VK Cloud Solutions, and RingCentral, where he drove significant growth and implemented cutting-edge solutions.

Cyrus Fazel, founder and CEO of SwissBorg, a crypto wealth management platform focusing on tailor-made investment strategies powered by self-learning algorithms. Previously, he held senior roles at SEQUOIA Asset Management and Aramis Capital and co-organized Startup Weekend FinTech & Blockchain.
Rand Hindi, entrepreneur and investor. Rand is the CEO of Zama, a startup specializing in homomorphic encryption. He previously founded Snips, the first private-by-design voice assistant, later acquired by Sonos. He has been named an MIT TR35, a Forbes “30 under 30,” and has served as a lecturer at Sciences Po in Paris and a member of the French Digital Council.
Aleksandra Fetisova (Sasha), partnerships Lead at 1inch Labs, Aleksandra is a seasoned professional in IT and fintech with extensive experience managing large-scale projects. Active in decentralized infrastructure and self-organization since 2012, she holds a degree in Business Management and a certification from the International Coach Federation.
Fernando Trespalacios, Co-Founder and CEO of Nebula Agency, a Web3 marketing firm. Fernando is an experienced entrepreneur and executive, having led S&P 500 clients as VP and Partner at a top consulting firm. A prominent figure in the Spanish Web3 space, he also hosts a popular DeFi YouTube channel and has been an active advocate for DeFi since its inception.
Igor Doganov, Lead at Blum Labs, Igor is the Co-Founder of StableBattle, where he focuses on investor relations and DeFi strategy. Previously, he served as Investment Director at Stoic Blockchain Fund and held senior research roles at BR Capital.

SwissBorg: A wealth management platform specializing in cryptocurrency investments. It provides tools and services for managing digital assets, designed to help investors grow their portfolios with transparency and efficiency.
ZAMA: A company focused on privacy-preserving AI solutions. It uses cryptographic techniques to enhance data privacy and security while supporting advanced AI computations, contributing to secure digital ecosystems.
Blum: Known for its vast 70M+ user base, Blum provides a user-friendly interface that supports over 30 blockchain networks, operating as a mini-app within Telegram. Blum will facilitate the distribution of Galactica nodes, enhancing the adoption of private Telegram Passports powered by Galactica's IVM. This innovative collaboration leverages Blum's reach to integrate decentralized identity solutions directly into the Telegram ecosystem, promoting user sovereignty and redefining internet privacy.
CT.COM: A platform that supports blockchain projects by offering access to resources, industry networks, and expertise to help scale applications and ecosystems.
Nebula Agency: A marketing and advisory firm with experience in blockchain projects. It focuses on community building, marketing strategies, and brand development to support project growth.
Galactica successfully raised more than $7 million through different rounds. Notable backers include SwissBorg, Blum, Zama, Cointelegraph, and CheekyCrypto (KOL).

A significant portion of the funding—$2.82 million—was raised via SwissBorg’s Private and Public Vaults, with valuations ranging between $75 million and $95 million. In addition, Galactica launched an exclusive $2.25 million Family and Friends Vault, offering a notably lower valuation of $45 million FDV. This allocation included $50,000 set aside for employees during SwissBorg’s Vault rounds. Complementing these efforts, Galactica secured an additional $1.9 million from private investors at valuations of $85 million to $100 million FDV.
Technology Stack
The Galactica Network technology stack is a comprehensive suite of tools and primitives designed to enable robust Sybil resistance, account-level privacy, and compliance. These foundational elements empower the protocol to model complex social and political primitives and institutions, aligning with the broader vision of fostering a decentralized yet compliant Web3 ecosystem.
The Identity Layer of the Galactica Network operates as a Layer 1 EVM-compatible blockchain, developed using the Cosmos SDK. The modular architecture of the Cosmos SDK allows the network to efficiently support advanced features such as reputation systems, privacy protections, and compliance mechanisms, while enabling seamless integration with other blockchain modules. At the heart of this infrastructure is the Inter-Blockchain Communication (IBC) protocol, which facilitates connectivity with other blockchains, enabling access to liquidity and interoperability.

A critical component of the network is its decentralized identity framework, which enables the creation of persistent, verifiable identities. These identities are powered by zkCertificates, non-transferable NFTs (Soulbound tokens) that encode metadata such as KYC information (zkKYC), educational qualifications, or other verified real-world documentation. Using zero-knowledge commitment hashes, zkCertificates allow users to prove ownership or compliance without exposing sensitive underlying data, ensuring a balance between privacy and trust. The framework offers a workflow designed to streamline identity verification. Users are guided through the process on the Galactica Passport platform, where trusted KYC Guardians verify their identities off-chain and issue zkKYC certificates on-chain. These certificates can then be imported into wallets like MetaMask, enabling secure and private interactions while reducing the risk of identity fraud. Guardians play a crucial role as on-chain notaries, certifying the authenticity of off-chain documents without storing personal data on the blockchain. The system includes safeguards to mitigate corruption, such as linking zkKYC proofs to specific KYC providers for nuanced reputation scoring or blacklisting in cases of fraud, and is designed to decentralize over time, further enhancing trust and transparency.
Central to this framework is the Reputation Root Contract (RRC), a mechanism that calculates dynamic reputation scores for all persistent identities on-chain. These scores are customizable, allowing developers to define metrics tailored to the needs of specific decentralized applications.
By leveraging Cosmos subnets, the RRC ensures scalability and reliability, forming the backbone of Galactica’s reputation framework. Complementing the RRC are Contingent Transactions, which add a dynamic layer of programmability to interactions on the network. These transactions introduce rules that must be satisfied before execution: senders may need to meet predefined conditions set by recipients or smart contracts, with compliance demonstrated using zkKYC proofs. This mechanism supports a variety of applications, from meritocratic interactions where reputation scores influence transaction approvals, to compliant liquidity pools that restrict access to verified participants. It also allows dApps to incorporate sophisticated, reputation-based rules, making the network adaptable to diverse scenarios. Together, the RRC and Contingent Transactions deepen the utility of the identity layer, ensuring that interactions on Galactica reflect the dynamic and varied nature of its participants.
By integrating these elements, the Galactica Network offers a unique blend of privacy, compliance, and reputation-based innovation.
Building on this foundation, the Galactica Network seeks to bridge the gap between advanced identity solutions and widespread user adoption. The protocol leverages Telegram as the shortest path to mass adoption of its identity and verification mechanisms. With 700 million monthly active users, Telegram represents a platform uniquely suited for integrating Galactica's technology stack into the everyday experience of users.
Galactica envisions Telegram and its ecosystem of Telegram MiniApps (TMAs) as a natural interface for its Identity Verification Mechanisms (IVM). By aligning the identity layer with a Telegram-native user experience, the protocol creates a seamless connection between sovereign user data and actionable insights. This approach not only simplifies adoption but also empowers users with accessible and secure tools for interacting in decentralized ecosystems.
The $GNET token is the lifeblood of the Galactica Network, providing:
Governance: Token holders can vote on protocol upgrades, funding proposals, and ecosystem initiatives.
Staking Rewards: Validators and Guardians are rewarded for securing and maintaining the network.
Compliance and Reputation: $GNET integrates with zkKYC and contingent transactions, enabling compliant and privacy-preserving financial interactions.
Ecosystem Incentives: Merit-based airdrops and inflation pools ensure a thriving and engaged community.

Funding Rounds
Round I (5%): 5,000,000 $GNET. At TGE, 7.5% (375,000 $GNET) unlocks, followed by a 3-month cliff and 2 years of vesting.
Round II (10%): 10,000,000 $GNET. At TGE, 7.5% (750,000 $GNET) unlocks, followed by a 3-month cliff and 2 years of vesting.
Core Allocations
Reserve (11.4%): 11,400,000 $GNET. 20% (2,280,000 $GNET) unlocks at TGE, with the remaining distributed over 1 year.
Foundation (20%): 20,000,000 $GNET. 30% (6,000,000 $GNET) unlocks at TGE, followed by a 1-year cliff and 2 years of vesting.
Founding Team (10%): 10,000,000 $GNET. No tokens unlock at TGE. Vesting occurs over 4 years with a 1-year cliff.
Incentives and Rewards
Node Sale (13.6%): 13,600,000 $GNET. At TGE, 5% (680,000 $GNET) unlocks, followed by a 3-month cliff and 2 years of vesting.
Merit-Based Airdrop (6%): 6,000,000 $GNET. Tokens are fully locked at TGE, distributed as rewards for engaged users and early supporters.
Inflation Pools
Allocated over 36 months to incentivize key activities:
Validation Rewards (11.08%): 11,076,931 $GNET for validators.
Guardians (4.15%): 4,153,846 $GNET for Guardian operations.
Additional On-Chain Incentives (8.77%): 8,769,231 $GNET for ecosystem incentives.

There are two primary ways to obtain $GNET tokens: by participating in the node sale or by engaging with the network to qualify for rewards and incentives.
Ensuring a sustainable and decentralized network is a top priority for Galactica. To achieve this, Galactica is hosting a Node Sale, which involves selling licenses to operate nodes within the Galactica Network.
To incentivize node operators, up to 13.6% of the total token supply has been allocated for this sale, ensuring broad access for early supporters. Participants in the Node Sale will receive tokens progressively, with 5% unlocked at the Token Generation Event (TGE) and the remaining tokens distributed over a 2-year vesting period, following a 3-month cliff.
Two licenses are available:
Galactica Citizen Node SBT (GCN) - a full Galactica Node.
Galactica Node Shard SBT (GNS) - a fractionalized Galactica Node
Proceeds from the Node Sale will be used to enhance the network’s infrastructure, including supporting validation activities, incentivizing Guardians, and expanding the ecosystem. For more information about the Node Sale, click here.
In addition to the public sale, Galactica Network rewards its early adopters and active users through merit-based airdrops. A total of 6% of the $GNET supply is reserved for these distributions.
Eligibility for airdrops is determined through participation in platform activities, including:
Providing liquidity.
Engaging with dApps on the network and community activities.
Supporting validation efforts as a Guardian.
Users are encouraged to monitor their activity and leaderboard rankings, as these metrics directly influence their rewards.
Galactica’s potential lies in its ability to address two fundamental challenges in the digital space: trust and governance. By leveraging verified identities, it establishes a robust foundation for decentralized societies where on-chain reputation systems serve as a central pillar for governance and incentivization. This model mitigates the risks associated with anonymity, enhances accountability, and also fosters sustainable, self-regulating communities, addressing the growing demand for decentralized solutions in an increasingly digital world.

⚠️ Disclaimer ⚠️ : This research has not been commissioned by Hats Finance and is not a paid piece. For full transparency regarding potential conflicts of interest, it should be noted that we are curating the launch that is taking place on Fjord Foundry. While this article reflects our genuine opinion on the project, it should not be considered as investment advice in any way. The same rule always applies: DYOR (do your own research).
We are excited to announce that Nova will be curating the node sale of Galactica on Fjord Foundry. Galactica is a Layer 1 protocol introducing the concept of Identity Virtual Machine (IVM), which integrates actionable identity as a core primitive. Through zkKYC and dynamic whitelisting, the protocol harmonizes permissionless innovation with regulatory compliance, safeguarding user privacy while ensuring dApp adherence to regulations.
With over 3 years of development, Galactica already has 3M active wallets utilizing its products. As the mainnet launch approaches, we will delve into the ecosystem the Galactica team is building, providing insights into how each component is designed to interact seamlessly.
The core vision of the Galactica Network is to build a meritocratic Decentralized Society (DeSoc) - Cypher State - wholly owned and governed by persistent verified identities known as Protocol Citizens.

Galactica offers a comprehensive technology stack designed to ensure Sybil resistance, preserve privacy, and foster a meritocracy rooted in on-chain reputation. Advanced technologies like zero-knowledge cryptography (ZK) and Fully Homomorphic Encryption (FHE) underpin this stack, safeguarding account-level privacy while enabling the creation of dynamic design spaces for DeSoc primitives.

In addition to privacy and meritocracy, the stack incorporates tools for regulatory compliance, such as contingent transactions and zkCertificates. These features ensure alignment with evolving legal requirements while preserving decentralization and user sovereignty. Together, these innovations position Galactica to drive the next wave of advancements in DAOs, DeFi, and protocol governance.
Team
With decades of combined experience in blockchain, software development, design, and strategic management, Galactica is led by a strong team of 14 members.

Mike Sarvodaya, Co-Founder of Galactica, Mike has built his career as a risk manager and analyst at leading global hedge funds, specializing in proprietary trading across currencies, stocks, commodities, and digital assets. Active in the digital assets space since 2016, he holds an MSc in Financial Econometrics.
Mark Berger, Co-Founder of Galactica, Mark brings extensive experience as a serial entrepreneur and leader in blockchain. Previously, he co-founded Scalable Solutions AG. With over two decades in investment banking and a decade as a blockchain entrepreneur, he holds an MSc in Digital Currency.
Alexander Kalén, Chief Growth Officer (CGO) at Galactica, Alexander is a seasoned professional with over 15 years of experience as a serial entrepreneur. Formerly a Senior Growth Hacker at SwissBorg, he has been deeply involved in the crypto space for more than 8 years.
Mikhail Tikhonov, Chief Product Officer (CPO) at Galactica Network, Mikhail brings 8 years of experience in project and product management, including 5 years in the digital assets space. Previously, he served as Product Owner at companies like OCCAM.FI, VK Cloud Solutions, and RingCentral, where he drove significant growth and implemented cutting-edge solutions.

Cyrus Fazel, founder and CEO of SwissBorg, a crypto wealth management platform focusing on tailor-made investment strategies powered by self-learning algorithms. Previously, he held senior roles at SEQUOIA Asset Management and Aramis Capital and co-organized Startup Weekend FinTech & Blockchain.
Rand Hindi, entrepreneur and investor. Rand is the CEO of Zama, a startup specializing in homomorphic encryption. He previously founded Snips, the first private-by-design voice assistant, later acquired by Sonos. He has been named an MIT TR35, a Forbes “30 under 30,” and has served as a lecturer at Sciences Po in Paris and a member of the French Digital Council.
Aleksandra Fetisova (Sasha), partnerships Lead at 1inch Labs, Aleksandra is a seasoned professional in IT and fintech with extensive experience managing large-scale projects. Active in decentralized infrastructure and self-organization since 2012, she holds a degree in Business Management and a certification from the International Coach Federation.
Fernando Trespalacios, Co-Founder and CEO of Nebula Agency, a Web3 marketing firm. Fernando is an experienced entrepreneur and executive, having led S&P 500 clients as VP and Partner at a top consulting firm. A prominent figure in the Spanish Web3 space, he also hosts a popular DeFi YouTube channel and has been an active advocate for DeFi since its inception.
Igor Doganov, Lead at Blum Labs, Igor is the Co-Founder of StableBattle, where he focuses on investor relations and DeFi strategy. Previously, he served as Investment Director at Stoic Blockchain Fund and held senior research roles at BR Capital.

SwissBorg: A wealth management platform specializing in cryptocurrency investments. It provides tools and services for managing digital assets, designed to help investors grow their portfolios with transparency and efficiency.
ZAMA: A company focused on privacy-preserving AI solutions. It uses cryptographic techniques to enhance data privacy and security while supporting advanced AI computations, contributing to secure digital ecosystems.
Blum: Known for its vast 70M+ user base, Blum provides a user-friendly interface that supports over 30 blockchain networks, operating as a mini-app within Telegram. Blum will facilitate the distribution of Galactica nodes, enhancing the adoption of private Telegram Passports powered by Galactica's IVM. This innovative collaboration leverages Blum's reach to integrate decentralized identity solutions directly into the Telegram ecosystem, promoting user sovereignty and redefining internet privacy.
CT.COM: A platform that supports blockchain projects by offering access to resources, industry networks, and expertise to help scale applications and ecosystems.
Nebula Agency: A marketing and advisory firm with experience in blockchain projects. It focuses on community building, marketing strategies, and brand development to support project growth.
Galactica successfully raised more than $7 million through different rounds. Notable backers include SwissBorg, Blum, Zama, Cointelegraph, and CheekyCrypto (KOL).

A significant portion of the funding—$2.82 million—was raised via SwissBorg’s Private and Public Vaults, with valuations ranging between $75 million and $95 million. In addition, Galactica launched an exclusive $2.25 million Family and Friends Vault, offering a notably lower valuation of $45 million FDV. This allocation included $50,000 set aside for employees during SwissBorg’s Vault rounds. Complementing these efforts, Galactica secured an additional $1.9 million from private investors at valuations of $85 million to $100 million FDV.
Technology Stack
The Galactica Network technology stack is a comprehensive suite of tools and primitives designed to enable robust Sybil resistance, account-level privacy, and compliance. These foundational elements empower the protocol to model complex social and political primitives and institutions, aligning with the broader vision of fostering a decentralized yet compliant Web3 ecosystem.
The Identity Layer of the Galactica Network operates as a Layer 1 EVM-compatible blockchain, developed using the Cosmos SDK. The modular architecture of the Cosmos SDK allows the network to efficiently support advanced features such as reputation systems, privacy protections, and compliance mechanisms, while enabling seamless integration with other blockchain modules. At the heart of this infrastructure is the Inter-Blockchain Communication (IBC) protocol, which facilitates connectivity with other blockchains, enabling access to liquidity and interoperability.

A critical component of the network is its decentralized identity framework, which enables the creation of persistent, verifiable identities. These identities are powered by zkCertificates, non-transferable NFTs (Soulbound tokens) that encode metadata such as KYC information (zkKYC), educational qualifications, or other verified real-world documentation. Using zero-knowledge commitment hashes, zkCertificates allow users to prove ownership or compliance without exposing sensitive underlying data, ensuring a balance between privacy and trust. The framework offers a workflow designed to streamline identity verification. Users are guided through the process on the Galactica Passport platform, where trusted KYC Guardians verify their identities off-chain and issue zkKYC certificates on-chain. These certificates can then be imported into wallets like MetaMask, enabling secure and private interactions while reducing the risk of identity fraud. Guardians play a crucial role as on-chain notaries, certifying the authenticity of off-chain documents without storing personal data on the blockchain. The system includes safeguards to mitigate corruption, such as linking zkKYC proofs to specific KYC providers for nuanced reputation scoring or blacklisting in cases of fraud, and is designed to decentralize over time, further enhancing trust and transparency.
Central to this framework is the Reputation Root Contract (RRC), a mechanism that calculates dynamic reputation scores for all persistent identities on-chain. These scores are customizable, allowing developers to define metrics tailored to the needs of specific decentralized applications.
By leveraging Cosmos subnets, the RRC ensures scalability and reliability, forming the backbone of Galactica’s reputation framework. Complementing the RRC are Contingent Transactions, which add a dynamic layer of programmability to interactions on the network. These transactions introduce rules that must be satisfied before execution: senders may need to meet predefined conditions set by recipients or smart contracts, with compliance demonstrated using zkKYC proofs. This mechanism supports a variety of applications, from meritocratic interactions where reputation scores influence transaction approvals, to compliant liquidity pools that restrict access to verified participants. It also allows dApps to incorporate sophisticated, reputation-based rules, making the network adaptable to diverse scenarios. Together, the RRC and Contingent Transactions deepen the utility of the identity layer, ensuring that interactions on Galactica reflect the dynamic and varied nature of its participants.
By integrating these elements, the Galactica Network offers a unique blend of privacy, compliance, and reputation-based innovation.
Building on this foundation, the Galactica Network seeks to bridge the gap between advanced identity solutions and widespread user adoption. The protocol leverages Telegram as the shortest path to mass adoption of its identity and verification mechanisms. With 700 million monthly active users, Telegram represents a platform uniquely suited for integrating Galactica's technology stack into the everyday experience of users.
Galactica envisions Telegram and its ecosystem of Telegram MiniApps (TMAs) as a natural interface for its Identity Verification Mechanisms (IVM). By aligning the identity layer with a Telegram-native user experience, the protocol creates a seamless connection between sovereign user data and actionable insights. This approach not only simplifies adoption but also empowers users with accessible and secure tools for interacting in decentralized ecosystems.
The $GNET token is the lifeblood of the Galactica Network, providing:
Governance: Token holders can vote on protocol upgrades, funding proposals, and ecosystem initiatives.
Staking Rewards: Validators and Guardians are rewarded for securing and maintaining the network.
Compliance and Reputation: $GNET integrates with zkKYC and contingent transactions, enabling compliant and privacy-preserving financial interactions.
Ecosystem Incentives: Merit-based airdrops and inflation pools ensure a thriving and engaged community.

Funding Rounds
Round I (5%): 5,000,000 $GNET. At TGE, 7.5% (375,000 $GNET) unlocks, followed by a 3-month cliff and 2 years of vesting.
Round II (10%): 10,000,000 $GNET. At TGE, 7.5% (750,000 $GNET) unlocks, followed by a 3-month cliff and 2 years of vesting.
Core Allocations
Reserve (11.4%): 11,400,000 $GNET. 20% (2,280,000 $GNET) unlocks at TGE, with the remaining distributed over 1 year.
Foundation (20%): 20,000,000 $GNET. 30% (6,000,000 $GNET) unlocks at TGE, followed by a 1-year cliff and 2 years of vesting.
Founding Team (10%): 10,000,000 $GNET. No tokens unlock at TGE. Vesting occurs over 4 years with a 1-year cliff.
Incentives and Rewards
Node Sale (13.6%): 13,600,000 $GNET. At TGE, 5% (680,000 $GNET) unlocks, followed by a 3-month cliff and 2 years of vesting.
Merit-Based Airdrop (6%): 6,000,000 $GNET. Tokens are fully locked at TGE, distributed as rewards for engaged users and early supporters.
Inflation Pools
Allocated over 36 months to incentivize key activities:
Validation Rewards (11.08%): 11,076,931 $GNET for validators.
Guardians (4.15%): 4,153,846 $GNET for Guardian operations.
Additional On-Chain Incentives (8.77%): 8,769,231 $GNET for ecosystem incentives.

There are two primary ways to obtain $GNET tokens: by participating in the node sale or by engaging with the network to qualify for rewards and incentives.
Ensuring a sustainable and decentralized network is a top priority for Galactica. To achieve this, Galactica is hosting a Node Sale, which involves selling licenses to operate nodes within the Galactica Network.
To incentivize node operators, up to 13.6% of the total token supply has been allocated for this sale, ensuring broad access for early supporters. Participants in the Node Sale will receive tokens progressively, with 5% unlocked at the Token Generation Event (TGE) and the remaining tokens distributed over a 2-year vesting period, following a 3-month cliff.
Two licenses are available:
Galactica Citizen Node SBT (GCN) - a full Galactica Node.
Galactica Node Shard SBT (GNS) - a fractionalized Galactica Node
Proceeds from the Node Sale will be used to enhance the network’s infrastructure, including supporting validation activities, incentivizing Guardians, and expanding the ecosystem. For more information about the Node Sale, click here.
In addition to the public sale, Galactica Network rewards its early adopters and active users through merit-based airdrops. A total of 6% of the $GNET supply is reserved for these distributions.
Eligibility for airdrops is determined through participation in platform activities, including:
Providing liquidity.
Engaging with dApps on the network and community activities.
Supporting validation efforts as a Guardian.
Users are encouraged to monitor their activity and leaderboard rankings, as these metrics directly influence their rewards.
Galactica’s potential lies in its ability to address two fundamental challenges in the digital space: trust and governance. By leveraging verified identities, it establishes a robust foundation for decentralized societies where on-chain reputation systems serve as a central pillar for governance and incentivization. This model mitigates the risks associated with anonymity, enhances accountability, and also fosters sustainable, self-regulating communities, addressing the growing demand for decentralized solutions in an increasingly digital world.

⚠️ Disclaimer ⚠️ : This research has not been commissioned by Hats Finance and is not a paid piece. For full transparency regarding potential conflicts of interest, it should be noted that we are curating the launch that is taking place on Fjord Foundry. While this article reflects our genuine opinion on the project, it should not be considered as investment advice in any way. The same rule always applies: DYOR (do your own research).
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