Galxe embarks on a strategic alliance with Kroma, Lightscale’s … – CryptoDaily

0

San Mateo, CA, October 26th, 2023, Chainwire
Leading web3 community platform, Galxe, and Kroma, Lightscale’s Ethereum Layer 2 solution leveraging ZK Proof technology, today announced their platform integration and strategic partnership.
Lightscale, a subsidiary of the renowned game developer Wemade, responsible for iconic game series like ‘Legend of Mir’, has been on the forefront of addressing Ethereum’s scalability issues. Their recent successful rollout, the Kroma mainnet, showcases their innovative approach. Notably, the Kroma ecosystem hosts prominent apps such as iZUMI Finance, Owlto Finance, Superbridge, and Tally. With the integration of Galxe, there’s a clear vision to drive not just growth across major social media platforms, but also expansion on protocol-level engagement and fortify its NFT ecosystem. 
Galxe, boasting over 13 million unique users, has significantly influenced the growth of Optimism, Polygon, Arbitrum, and supports more than 3,700 partners through its reward-based loyalty programs. The platform currently hosts an average of 600 campaigns from various projects. Data from Similarweb indicates that Galxe.com receives over 6.8 million monthly visitors, showcasing the platform’s popularity and solidifying its reputation as an essential destination for many web3 enthusiasts. 
The collaboration between Galxe and Kroma aims to bolster the Kroma ecosystem. Galxe will enhance Kroma’s marketing campaigns, streamline the onboarding process for new Kroma users, and support community development initiatives. Galxe is here to solve the pain point of bringing web3 native users and streamline the web3 onboarding process for gamers who are open to exploring web3. 
Integration efforts are in full swing, with a projected completion slated for November 2023. As part of the integration, Galxe’s website will incorporate features from the Kroma network, while Kroma will debut a new on-chain dashboard along with enhanced community membership features. 
About Galxe
Galxe is the leading platform for building web3 communities. With over 13 million unique users and integrated across 16 different blockchains, Galxe has propelled the growth of Optimism, Polygon, Arbitrum, and more than 3,700 partners with reward-based loyalty programs. Protocols can leverage Web3 credentials from Galxe’s credential data network to power growth, issue Soul Bound Tokens, increase community engagement, boost ecosystem growth, and generate brand awareness.
Website | Docs | Twitter | Medium | Discord | Telegram | Newsletter
About Kroma
Built by Lightscale, Kroma is a universal Ethereum Layer 2 platform that utilizes ZK Proof technology. Kroma will start as an Optimistic Rollups with ZK Fault Proofs and will subsequently evolve to be an EVM-equivalent ZK Rollup. Korma strives to compose pragmatic, adaptive, and user-friendly L2 solutions for the Ethereum ecosystem. For more information, please visit https://kroma.network/ 
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Bullish Cryptos to Not Sleep On in Q4 2023: Shiba Inu, Ethereum and Everlodge
TON Foundation and Mantle Network Form Strategic Alliance, Advancing EVM-Compatible Layer 2 Blockchain Solutions
Crypto Daily is the home of breaking and trending cryptocurrency news. Available round the clock, our aim is to make it easier for you to access ground breaking content and the crypto news that matters, in order to help you make better investment choices.
Subscribe to our mailing list to receive weekly
updates straight to your inbox!
Copyright © 2023 CryptoDaily™

source

Leave a Reply

Your email address will not be published. Required fields are marked *