GAL Early Adopters Rewards
Since our launch in May 2021, the community has been crucial to the growth of Galxe’s ecosystem. From curating credentials, collecting credentials, participating in campaigns, compiling tutorials, building third-party tools, helping out in Discord, the list goes on. We are grateful for our partners and the amazing campaigns they bring to life on our platform, however, we know that without our strong and dedicated community all of our success couldn’t be possible. Words can’t describe how much we appreciate and respect our community, so we wanted to thank you the best way we knew how: GAL Token Airdrop to reward our early adopters. Read more below to learn about the reward distribution details, the official airdrop date will be announced at a later time.
Reward Distribution Details
The reward distribution system works in accordance with the NFTs a Galxe community member holds. Holders of the Galxe NFTs listed below are eligible for the GAL Early Adopters Reward. If you hold multiple NFTs from the same category in one account, the NFT will only count once. The snapshot will be taken one week before the token generation event. As time of the writing (March 17th 9pm PST), the snapshot has not been taken. Date for Token Generation Event is TBD.
Here is the reward breakdown:
Reward Boost for Early Meta Cowboy NFT Holders
Additionally, if you were a holder of the Meta Cowboy NFT on Feb 10th, you will receive a reward boost for the Galaxy Girl NFT reward based on the highest level of Meta Cowboy NFT in your wallet on Feb 10th.
Users in the tables above will be eligible to claim the airdrop (~3.65 million GAL — 1.83% of total supply) around TGE. The distribution rules for the remaining GAL from the Early Adopters Reward allocation (~350k GAL) will reward to long term contributors in the Galxe ecosystem, details for distribution will be announced at a later time.
Due to legal restrictions, users from the U.S., Canada, China, Iran, Korea(North), Syrian Arab Republic, Cuba will NOT be able to claim the airdrop.
So what will I get in total?
For example:
Alice has been on Galxe since August 2021. By Feb 10th, Alice had the Shadowy Coder NFT, the Galaxy Girl NFT, and the Meta Cowboy lv1 and lv2. By the time of snapshot before TGE, Alice managed to mint the Meta Cowboy lv3 and kept all of the NFTs she acquired before. # of GAL token for Alice will be:
Shadowy Coder + (Galaxy Girl Reindeer NFT x Meta Cowboy lv2 Boost) + Meta Cowboy lv1 + Meta Cowboy lv2 + Meta Cowboy lv3
100 + (250*1.3)+20+30+60=535
Tom joined the community in mid-January. By Feb 10th, Tom has the Meta Cowboy lv1. By the time of the snapshot before TGE, tom managed to mint Meta Cowboy lv2, lv3 & lv4, and bought Galaxy Girl Reindeer NFT through Opensea. # of GAL for Tom will be:
(Galaxy Girl Reindeer NFT x Meta Cowboy lv1 Boost) + Meta Cowboy lv1 + Meta Cowboy lv2 + Meta Cowboy lv3 + Meta Cowboy lv4
250*1.2+20+30+60+180=590
Lucy heard about Galxe from the Solana campaign. She acquired Dr. Sol, and Meta Cowboy lv1, lv2 before the snapshot. # of GAL for Lucy will be:
Dr. Sol + Meta Cowboy lv1 + Meta Cowboy lv230+20+30 =80
Have a question? We might have an answer!
I bought NFTs from OpenSea, will I be eligible for the reward?
Yes. As long as you have the NFT at the time of the snapshot, you will be eligible to receive a reward regardless of whether the NFTs were claimed directly from the campaigns, purchased, or otherwise acquired.
Why are there restrictions for users from certain regions to claim the NFT?
Galxe is focused on solidifying ourselves long-term in the space, we are doing our best to be legally compliant since day 1. Because of this, users with IPs in the restricted regions will not be able to claim the airdrop tokens through the Galxe website.
When will the snapshot for NFT holders take place?
Snapshot time will happen 1 week before the token generation event. The TGE date is not finalized at this moment.
Will GAL airdrop be subject to any lockups?
When eligible users get GAL airdrop around TGE, these tokens will be fully liquid.
How will I receive GAL airdrop on Ethereum mainnet when I am a holder of Dr. Sol NFT on Solana?
GAL is an ERC-20 token. You will need to connect your eligible Solana address to an Ethereum address on Galxe website in order to be able to claim the airdrop.
If I have multiple Galaxy Girl and Reindeer NFTs, will I get multiple rewards?
No. If you hold multiple NFTs from the same category in one account, the NFT will only count once. This applies to all NFTs in the reward table.
About Galxe (previously Project Galaxy)
Galxe is building a protocol that powers on-chain credentials with plug-and-play NFT modules. The permissionless infrastructure allows everyone to create, distribute, and gamify NFTs with customized on-chain data. Developers can build their own loyalty programs, and individuals can issue and claim the NFTs backed by their on-chain achievements.
With Galxe, NFTs become more than just collectibles, but also forms of identification, empowering developers and community members to build more engaging communities together.
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