At Project Galaxy, we are building the infrastructure to power an open and collaborative credential data network. We help Web3 developers leverage credential data to build better products and communities. At the same time, data curators contribute to our credential data network while earning income once the data is utilized.Credentials live in our day-to-day life. An example of on-chain credentials would be the record that you borrowed money from AAVE and Compound but never got liquidated. Your contribution to a protocol’s liquidity pool when it first launched, or your on-chain voting history are all credentials. All of your behavioral data in Web2 counts towards your credentials and companies like Google and Facebook run algorithms on your credentials so that they can send you targeted advertisements.
Credentials are important due to the high use case they provide. Applications can use your credentials to calculate credit scores, find target audiences, reward community contributors, etc. With the advance of Web3 and DAOs, there will be an explosion of behavioral data generated by waves of new users. This will provide the necessary infrastructure to help these new users build digital credentials that will be of paramount importance.Project Galaxy aims to build an open and collaborative credential data network that is accessible to all developers in Web3. We provide the infrastructure for community members to curate and contribute digital credentials to our data network. Our infrastructure supports curating credentials through multiple data sources. For on-chain credentials, curators can contribute with subgraph queries or static snapshots. For off-chain credentials, we have integrated with data sources such as Snapshot.org, Twitter, and Github.
By contributing to Galaxy’s Credential Data Network, curators are rewarded when credentials are used in Galaxy’s Application Modules, Credential Oracle Engine, and Credential API. Because there are users consuming (paying to use) data in our ecosystem, this incentivizes more users to come curate for our data network.
To this day, over 100 partners have already launched over 500 campaigns on Project Galaxy. here are some case studies to provide more info: