Business News Report

Galxe Unveils a Strategic Alliance with Kroma Network

In Brief

Galxe has officially disclosed its cooperative venture with Kroma Network, the Ethereum Layer 2 solution backed by the game developer Wemade.

Galxe, a frontrunner in the web3 community space, with a significant user base of 13 million, is embarking on a collaborative journey with Kroma Network, an innovative Ethereum Layer 2 solution crafted by Lightscale.

This partnership is particularly noteworthy thanks to the endorsement from the renowned game developer Wemade, celebrated for its ‘Legend of Mir’ series.

Lightscale, the innovative product of Wemade, distinguishes itself by tackling Ethereum's scalability challenges. Their groundbreaking initiative, the Kroma mainnet, illustrates their forward-thinking perspective on blockchain technology. The Kroma ecosystem hosts respected applications such as iZUMI Finance and Superbridge , among others. By teaming up with Galxe, Kroma aims not just to extend its presence across popular social platforms but to strengthen its position in the NFT sector.

Galxe as Web3 Powerhouse

Galxe has been instrumental in the growth of platforms like Optimism and Arbitrum. By aiding over 3,700 partners through its incentive-driven initiatives, it has established itself in the marketplace. Recent data from Similarweb indicates Galxe.com as a prime destination for 6.8 million monthly visitors, reaffirming its status as an essential site for web3 enthusiasts.

The collaboration between Galxe and Kroma is anticipated to herald a new chapter for the Kroma network. This partnership aims to revitalize Kroma's marketing strategies, enhance user onboarding, and foster community development.

Charles Wayn, co-founder of Galxe, expressed enthusiasm about the shared goal of Kroma to hasten the mainstream adoption of blockchain technology. Furthermore, the merger will introduce several integrative improvements, including the integration of Kroma features into the Galxe portal and Kroma introducing an innovative on-chain dashboard .

TK Park, the visionary behind Lightscale, remarked on the significance of this partnership, viewing it as a key opportunity to present Kroma to Galxe's extensive user base. He anticipates that this collaboration will act as a magnet for a large influx of web3 users. Moreover, he foresees a long-lasting partnership with Galxe, offering numerous opportunities for mutual growth.

As a powerhouse in the creation of web3 communities, Galxe spans across 16 distinct blockchains. Its reward-oriented initiatives have propelled the rise of platforms such as Polygon and Arbitrum. With its unique credential data network , Galxe provides protocols with unmatched advantages in community interaction, brand recognition, and ecosystem expansion.

Disclaimer

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