Galxe launches mainnet that enables ‘cross-domain pseudonymous identities’ | Headlines | News | CoinMarketCap

04/11/2024 21:31
Galxe launches mainnet that enables ‘cross-domain pseudonymous identities’ | Headlines | News | CoinMarketCap

Galxe, the Web3 credentials and rewards platform, announced Thursday that it is launching its "Identity Protocol" mainnet. The protocol will give …

Galxe, the Web3 credentials and rewards platform, announced Thursday that it is launching its "Identity Protocol" mainnet.

The protocol will give users "autonomy over their digital identity and private data" by leveraging zero-knowledge proofs, the company said. 

"Our goal is to witness a shift in how digital identity is managed, moving away from centralized, one-size-fits-all solutions to a world where users dictate their digital presence and how it can bring value to products and platforms," Galxe co-founder Charles Wayn told The Block. 

The company said it has issued, since launching in 2021, more than 200,000 credentials and has had 18 million unique wallets engage with its platform. Galxe also said it has contributed substantially to the growth of Arbitrum, Optimism, and …

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