The GAL token can be bought from the following exchanges: [Binance](https://coinmarketcap.com/exchanges/binance/), [Bybit](https://coinmarketcap.com/exchanges/bybit/), [Huobi Global](https://coinmarketcap.com/exchanges/huobi-global/), [Gate.io](https://coinmarketcap.com/exchanges/gate-io/), [KuCoin](https://coinmarketcap.com/exchanges/kucoin/) and more. Want to keep track of GAL prices live? Download the [CMC mobile app](https://coinmarketcap.com/mobile/). Learn more about [Web 3.0](https://coinmarketcap.com/alexandria/article/what-is-web-3-0) with our educational portal — [CMC Alexandria](https://coinmarketcap.com/alexandria/).

When the GAL token was launched through the Binance Launchpool it reached an all-time high of $18.26 in May 2022. However, due to the current crypto winter in play, it has dropped to the $2 range. Looking at the utility of the token and the partnerships this project is making in the Web3 space, GAL token could hit $50 in the next bull run. However, that depends on Galxe delivering on their roadmap.

Galxe was announced as the 30th project on the Binance Launchpool. It has been available to trade on Binance since April 29, 2022, in the following pairs: GAL/BTC, GAL/BNB, GAL/BUSD and GAL/USDT.

The GAL token is available as both an ERC-20 and BEP-20 token. The ERC-20 token is built on top of the Ethereum blockchain, which has shifted to a more energy-efficient proof-of-stake (PoS) consensus on Ethereum 2.0. The BEP-20 token is built on top of the BNB Smart Chain blockchain. It is secured by the Tendermint byzantine-fault-tolerant ([BFT](https://coinmarketcap.com/alexandria/glossary/byzantine-fault-tolerance-bft)) consensus mechanism.

​​The GAL token is used for: Governance; Paying for Application Module Fee; Paying for Galxe Oracle Engine and Galxe Credential API; Curating Digital Credentials. The total supply of GAL tokens stands at 200,000,000 with the circulating supply currently at 35,161,333.00 GAL. At the token generation event (TGE), the 2% early adopter rewards have now been completely unlocked. The 10% foundation release schedule has been switched from 3 years to a 4-year vesting period. The 15% team release schedule will be changed from 5 years to 6 years of vesting. To learn more, click [here](https://docs.galaxy.eco/the-GAL-token/GAL%20Token).

To meet the demands of data security, organizations are increasingly turning to centralized credential management solutions. Today, credentials are stored in closed databases controlled and permissioned by applications, governments, and financial and credit institutions. As a result, there is a fractured landscape that is not open to those who truly own the data or the applications that require it. The aim of Galxe is to address this problem by providing a public and collaborative credential data network that will enable Web3 developers to use credential data to create better products and more engaging communities. The goal of Project Galaxy is to establish a public, collaborative data network that is available to all Web3 developers. The infrastructure for community members to create and contribute digital credentials to our data network is provided by the project. Curation of credentials may be accomplished using several sources through Project Galaxy's infrastructure. On-chain credentials can be requested by curators using subgraph queries or static snapshots. Galxe has connected with data sources such as Twitter and Github for off-chain credentials. Curation may be rewarded when credentials are utilized in Galaxy's Application Modules, Credential Oracle Engine, and Credential API by contributing to the Galaxy's Credential Data Network. Because the data network is being used by individuals, this encourages even more people to join the curation for our network. Galxe provides Applications Modules, Credential Oracle Engine, and Credential API for developers to leverage credential data to build better products and communities. Use cases of our Application Modules include: Galxe OATs (On-chain Achievement Tokens); NFT Loyalty Programs; Growth Hacking Campaigns; Gated Community; Customized Governance and more. Developers can also utilize the Credential Oracle Engine and Credential API for more customized use cases such as credit scoring and sybil attack prevention algorithms.

Harry Zhang is the co-founder and project lead at Project Galaxy. Zhang was the COO and co-founder of Lino Network, as well as the co-founder of DLive.tv. At Lino and DLive, Harry oversaw the team and created the product that served more than 10 million monthly active users. Prior to that, Harry was head of data product at Club Factory, where he designed a data-centric supply chain and recommendation system from the ground up. Zhang holds a bachelor's degree from UC Berkeley in computer science with a minor in statistics. From 2016 to 2017, he was the President of the Associate of Chinese Entrepreneurs (ACE) at UC Berkeley. Charles Wayn is the co-founder and strategy lead of Project Galaxy. Before co-founding Project Galaxy, Charles was the co-founder and CEO of DLive.tv. After DLive merged with BitTorrent in 2019, Charles became the VP of Interactive Entertainment at BitTorrent, heading up several streaming business units including DLive.tv, DLive Protocol and the Two App. From 2017 to 2018, he served as President of the Association for Chinese Entrepreneurs (ACE) at UC Berkeley.

Galxe is the world's leading Web3 credential data network and was launched on April 28, 2022, on [Binance Launchpool](https://www.binance.com/en/support/announcement/ea7c702d59a84dc29e2ed7ab3ad24c38). Galxe is built on open and collaborative infrastructure that allows Web3 developers and projects to profit from credential data by building better products and communities. Data curators are rewarded when users employ their credentials in Project Galaxy's Application Modules, Credential Oracle Engine and Credential API at the same time.