- Galaxis secures $10M funding to propel NFT utility.
- They offer community management utilizing NFTs as digital memberships.
- The company aims to provide real value beyond the Web3 industry.
Crypto orbit: Galaxis scores celestial funding
Singaporean blockchain startup Galaxis secured US$10 million from backers including Chainlink, Ethereum Name Service (ENS), and ENS’s co-founder Nick Johnson.
Galaxis offers a community management platform utilizing digital membership cards as non-fungible tokens to construct and reward communities, extending its platform beyond Web3.
Galaxis CEO Andras Kristof dubbed the firm a “post-hype NFT utility platform,” providing the tech “real value to businesses and individuals across industries beyond Web3.”
Kristof, an Ethereum veteran instrumental in deploying Singapore’s initial Bitcoin ATMs, aims to propel NFT utility.
Over 225,000 cosmic NFT memberships and counting
Incubated by CoinMarketCap, Galaxis has already sold over 225,000 NFTs via a “white-glove service” – meaning customized offerings.
The company plans robust platform expansion, recently announcing a US$1 million grant program for community creators and members.
Galaxis created its native token to streamline operations by reducing reliance on third-party tools. An initial DEX offering will commence on cryptocurrency exchange platform Bybit.
To read the original article: https://www.techinasia.com/sg-crypto-firm-galaxis-raises-10m-aims-to-rebrand-blockchain-as-a-business-tool
