$ 1.68M

Galactica GNET
42 Watchlists
Chain
Status
Node Sale
Ended 31 Dec 2024
Raised
What is Galactica?
Galactica is a Tier 1 blockchain that integrates zero-knowledge cryptography to create a privacy-centric and sybil-resistant ecosystem. By embedding KYC contracts directly at the protocol level, Galactica ensures that accounts and smart contracts can only interact with verified users, ensuring both compliance and privacy. Such a system enables the creation of persistent identities on the blockchain and what the platform calls the “Cypher State” - a decentralized society in which complex social, political and economic systems are fully represented and managed on the blockchain. It is built on the CosmosSDK, CometBFT proof of stake consensus and smart contracts using the Ehereum virtual machine (EVM).
A key feature of Galactica is the use of zkCertificates - non-transferable NFTs containing private data that can be selectively disclosed with zero-knowledge proofs. These certificates can be used for anything from identity verification to medical data to artificial intelligence algorithms. The network also introduces reputation-based DeFi, where users can interact with decentralized applications based on their Web3 fingerprint, enabling secured loans and other dynamic financial interactions.
This technology stack makes Galactica a suitable platform for use cases such as:
DeFi projects comply with upcoming regulation while preserving user privacy
DeSoc projects based on true user identity, privacy and decentralization
DAOs, network states and parallel institutions use zkKYC to identify users for human-centered voting while preserving user privacy
The $GNET token provides governance, universal basic income (UBI) and public goods distribution, with the system rewarding merit and contribution to the network.
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