Galaxis Launches Innovative Staking Initiatives to Deepen Community Engagement
In a significant stride toward redefining digital community engagement, Galaxis has unveiled groundbreaking staking initiatives aimed at amplifying the participation and benefits for its members. The Web3 platform, renowned for facilitating robust and autonomous communities for an array of creators, celebrities, brands, including high-profile names such as Donald Trump, Steve Aoki, Mike Tyson, and esteemed organizations like the NBA, has been at the forefront of leveraging NFTs to empower digital memberships.
The introduction of Governance Staking for Members and Engine Superlock for Engine Holders represents a pivotal development in Galaxis’s mission to foster more democratic and rewarding community dynamics. Central to these initiatives is the Galaxis token (GALAXIS), which now plays an even more crucial role in community governance and reward mechanisms.
Empowering Community Voices through Governance Staking
Galaxis’s Governance Staking programme is a testament to the platform’s commitment to granting more control to community members. By staking a minimum of 100 GALAXIS tokens, members can now wield decision-making power, influencing the future direction of the platform through voting rights. This innovative system ensures equitable representation by employing a square root model to calculate voting power, thereby mitigating the potential for disproportionate influence by larger stakeholders.
The initiative not only democratises platform governance but also rewards active participation. With a monthly distribution of three million GALAXIS tokens among voters and a loyalty pool aimed at encouraging sustained engagement, Galaxis is setting a new standard for interactive and incentivized community models.
Engine Superlock: Amplifying Benefits for Core Supporters
In tandem with governance staking, the Engine Superlock initiative underscores Galaxis’s appreciation for its most committed community members. By locking in tokens for six months, engine holders can access enhanced rewards and benefits, a move designed to deepen their vested interest in the platform’s success. This programme, highlighted by its “double engine” feature, reinforces the value of long-term commitment to the Galaxis ecosystem.
A Vision for Unstoppable Communities
At the recent R HAUS event during Art Basel, Galaxis CEO Gergely Fábián shared insights into the platform’s vision for creating communities that are not only self-sustaining but thrive through active engagement and better monetization strategies. The success of the Galaxis Party at Art Basel Miami, celebrated for its innovation and community spirit, further illustrates the platform’s potential to revolutionize digital community engagement.
With the launch of its Governance Staking and Engine Superlock initiatives, Galaxis is poised to empower creators, brands, and individuals in building truly decentralized, unstoppable communities. As these programmes open new avenues for participation and reward, Galaxis reaffirms its role as a pivotal player in the Web3 space, eagerly embracing the future of communal digital engagement.
Stay Informed with Our Daily Debrief
For those keen on staying abreast of the latest developments in this rapidly evolving digital landscape, our Daily Debrief newsletter offers a comprehensive overview of top news stories, including exclusive features and insights into the future of technology, community, and innovation.