SAN FRANCISCO, March 21, 2023 (GLOBE NEWSWIRE) — Galx (GAL), the leading platform for building web3 communities, today announced the launch of its partnership with Ava Labs, a core developer of Avalanche (AVAX) blockchain, to integrate Galxe’s proprietary On-chain Achievement Token (OAT) into the Avalanche ecosystem. Avalanche is the fastest smart contract platform by time to completion. With more than 54 million Galxe ID users and over 1,900 ecosystem partners, Galxe is one top 10 dApps across all blockchains, and welcomes Avalanche into its robust ecosystem.
Avalanche joins Polygon, Optimism, Arbitrum, BNB Chain and others as Galxe’s trusted ecosystem partner with the launch of Avalanche OAT. This simple, no-code, throttle-free solution enables Avalanche dApps to reach millions of highly engaged web3 users with rewards-based loyalty programs.
“We are incredibly excited to partner with Avalanche to offer dApp builders the opportunity to deepen their relationships with their communities, and users the opportunity to earn rewards by engaging and contributing to their favorite communities,” said Charles Wayn, co-founder of Galx. “At Galxe, we strive to become the hub for all communities across all blockchains, and this collaboration with Avalanche signals a significant step towards achieving our mission.”
To date, Polygon OAT has over 10.3 million mints and is one of the top erc-721 contracts on Polygon. Correspondingly, BNB OAT has over 5.2 million mints. The irrefutable success of partnering with Galxe continues to drive powerful collaborations between the leading blockchains in the ecosystem, such as Avalanche. One of the first use cases within the Avalanche ecosystem will launch on May 3, during the Avalanche Summit in Barcelona, Spain.
“We are excited to partner with Galxe in a closer way to bring more awareness to our communities, marketplaces and NFT projects. Excited to help launch our NFT initiatives for 2023 and beyond,” said Dominic Carbonaro, NFT and Art BD Lead at Ava Labs. “Galxe has a proven track record of driving ecosystem awareness and adoption. We are excited to see all they will bring to the Avalanche ecosystem.”
In the coming months, Avalanche and Galxe will launch a series of campaigns to support ecosystem initiatives https://blog.galxe.com/.
About Galxe:
Backed by Multicoin Capital, Dragonfly Capital, Spartan Group, Solana Ventures, Coinbase Ventures, Binance Smart Chain Growth Fund and others; Galxe is the leading platform for building web3 communities. With over 54 million Galxe ID users, Galxe has driven the growth of Optimism, Polygon, Arbitrum and more than 1,900 partners with rewards-based loyalty programs. Start the campaign today at galxe.com!
About Ava Labs:
Ava Labs makes it easy to launch decentralized financial applications on Avalanche, the fastest smart contract platform in the blockchain industry. We empower people to easily and freely digitize all the world’s assets on one open, programmable blockchain platform. Ava Labs was founded by Cornell computer scientists who brought talent from Wall Street to execute their vision. The company has received funding from Andreessen Horowitz, Initialized Capital and Polychain Capital, with angel investments from Balaji Srinivasan and Naval Ravikant.
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