BSClaunch Research: An In-depth overview of Galaxy Finance

BSClaunch Official
4 min readNov 15, 2022

KEY METRICS

Category: DeFi, Wallet, SocialFi, Educational
Ticker: $GLF
Blockchain Network: BNB Chain
Token Supply: 10,000,000
Project Valuation: 11,000,000 USD
Initial Token Circulation: 100,000
Initial Market Cap: 110,000 USD
Platform Raise:50,000 USD

A. INTRODUCTION

PROJECT OVERVIEW

GALAXY WALLET — The Next-Generation Social Wallet Platform

Galaxy is the first Social Wallet in the Web 3.0 sphere with social and educational elements.

What is included in a Social Wallet?

  • Decentralized Social Media — People now can share anything, from their investments to daily lives, without boundaries
  • Defi one-stop-shop — Features from our partners (lending, launchpad, farming, bridges, etc.) are now brought into one place for the user’s convenience
  • Education factors — With Galaxy Reels, people now can be educated about new features/projects/opportunities in a vibrant and appealing way.

GO-TO-MARKET STRATEGY

1- Promotion to both crypto and non-crypto users:

  • Wide range of partnerships to increase awareness, increase user-base
  • Promotion in social networks

2- Promotion coming from B2B & Partnerships

The model of a Big Ecosystem makes GalaxyFinance’s growth plan unique in the sense users come from 3rd parties that develop their mini-apps in the ecosystem. They work as an operating system for the Galaxy Finance DeFi apps. Partnerships from all kinds of projects and companies bring users to the GalaxyFinance ecosystem.

B. PRODUCT DETAILS

PRODUCT VIABILITY

We are introducing the next Decentralized Web3.0 Social Wallet. The App offers an entirely new, interactive, and engaging social experience focusing on providing personal finance assistance for everyone on digital Web3.0. Galaxy Finance has an Educational system that brings ease to users, allowing newcomers to start their web3 financial journey hassle-free.

You can see our advantages compared to the popular wallet nowadays through the image below

Features

1. Manage Digital Assets Made Easy

Galaxy Wallet offers users, particularly non-crypto users, an intuitive, all-encompassing solution that goes beyond a standard wallet with basic coins/NFTs storage and transfer features.

2. The seamless cross-chain convergence for all networks

Use a single app to access various networks: Ethereum Mainnet, Binance Smart Chain, Avalanche, and many more.

3. Professional investing tool

• Personal Finance: provide insights, advice, alerts, trackers, and charts for non-financial. experts to make a better data-driven decision

• Learn & Earn Rewards: motivate users with rewards for the time they spend with GalaxyFi

• Simplify UX: Integrate a user-friendly and insightful interface that is fully optimized for your device so you can enjoy your investment learning journey in one simple app

PROJECT ROADMAP

*Slide 21–22

REVENUE STREAMS

- Trading/Swapping fees
- Feature fee — swap, investment, NFT marketplace, etc.
- Promotion fee
- Enterprise fee for integration
- Treasury Management

C. TOKEN ECONOMY

TOKEN UTILITIES

$GFT is the investment and social token that is used for special investment

Where to use?

• Exclusive Pools

• Farming

• Social Token

How to earn?

• Staking Rewards

• Social participants

$GLF is the governance token of the Galaxy ecosystem

Where to use?

• Trading fee

• Staking incentives

• Governance

• Membership rights (Investment, special collections, etc.)

How to earn?

• Staking rewards

• Trading

• Investment

• Revenue sharing

FUNDRAISING STATUS

Pre-Sale

Fundraised: 1,200,000 USD

Price: 1.25 USD — 1.75 USD (4 rounds)

Lock-up: 1-month cliff then linear vesting for 36–24 months

Public Sale

Fundraised:

Price: 1.1 USD

Lock-up: 100% at TGE

TOKEN DISTRIBUTION

Galaxy — Token Economics.xlsx

TOKEN RELEASE SCHEDULE

Galaxy — Token Economics.xlsx

USE OF FUNDS

15% will be used for marketing since we are trying to reach out to as many potential users as possible; 35% for Ecosystem Incentives and the rest for product development since we still have a long roadmap ahead.

ABOUT GALAXY FINANCE

Galaxy Finance is the first Social Wallet in the Web 3.0 sphere with social and educational elements. An easy, one-touch, simplified human language App that allows everyone to store — create — invest digital assets.

Follow Galaxy Finance on:
🌐
Website | 🔉 Twitter | 💬 Telegram | 🎱 Youtube

About BSClaunch

BSClaunch is a smart investment platform based on Binance Smart Chain, enabling projects to raise capital in a decentralized environment, and the community to invest with safety, freedom, and equal opportunity. BSClaunch isn’t just another launchpad, we are an ecosystem launcher that provides a full suite of DeFi solutions.

Follow BSClaunch on:

🌐 Website | 🐦 Twitter | 🔉 Channel | 💬 Telegram

✔️ Buy $BSL token: PancakeSwap
✔️ Earn more profit by joining our Farm: B-Farm
✔️ Stake your tokens here: B-Stake

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BSClaunch Official

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