The current mania surrounding non-fungible tokens (NFTs) has swept the globe and has become a source of debate. However, one thing is certain: NFTs will play a critical part in the creation of a perfect metaverse. In the long run, NFTs will open up new prospects for businesses, investors, and fans.

NFTs have recently been utilized to "enter" or "access" the metaverse. But what is the worth of it to them? Is it critical for blockchain enthusiasts right now? As a result, it produces NFTs (introduced interoperability and scarcity). However, the initiatives, together with public interest, will allow NFTs and blockchain to play a significant role in the metaverse. It's a three-dimensional digital environment that gives consumers and companies a plethora of options for transferring real-world goods and services. Using blockchain, it is possible to create an open and fair economy. Because the gaming industry has already done what the metaverse intends to achieve, the play-to-earn system will bridge the gap between NFTs and the metaverse, allowing identity, community, and social interactions to flourish.

The success of play-to-earn (P2E) gaming models, as well as the Metaverse's continuing development, hint to continued growth of blockchain games in the present and future. As a result, appropriate infrastructure is required to assist fund and develop the anticipated boom in NFT games and Metaverse projects. GalaxyPad, a decentralized cross-chain platform for launching NFT games and Metaverse applications, comes into play here. GalaxyPad is attempting to promote itself as a one-stop shop for raising cash for new GameFi and Metaverse initiatives.

GALAXYPAD

GalaxyPad is a decentralized cross-chain platform for launching NFT games and Metaverse projects. The platform aims to provide crypto startups with funding and technical support during their early stages of development GalaxyPad aspires to provide a comprehensive and user-friendly environment that will enable NFT gaming and Metaverse projects. GalaxyPad investors may also profit handsomely by acquiring and hoarding the platform's native cryptocurrency, the GalaxyPad (GXPAD).

The Key Overview of GalaxyPad Ecosystem

1. Launchpad

It's a decentralized financing platform that allows crypto companies to get started. GameFi and Metaverse projects can use the launchpad to run IGOs and IDOs.

2. Planet Incubation

Planet Incubation is a complicated assistance platform that assists developers with expertise, experience, and technical knowledge to help them launch successful initiatives. This tool will enable new crypto ventures to have access to a variety of resources, such as investors, partners, and industry influencers, to aid in the growth of their enterprises. Startups will also benefit from the GalaxyPad team's technological knowledge and skills as a result of this functionality.

3.Planet Marketplace

This feature allows you to list, purchase, and sell NFT and GameFi projects across several networks, and it also allows you to list, buy, and sell NFTs.

4. Planet Farming

GalaxyPad Planet Farm unites the very best of the crypto world into one, robust ecosystem fostering innovation in such an unmatched way. Users who’d rather join movements instead of creating one, will have the chance to discover groundbreaking initiatives in their infancy stage, get in early, and secure unheard of gains from these projects’ natural growth. “Unlike other yield farms, Planet Farm empower you to easily trade NFTs and earn passive yield of up to 400% APY”. GalaxyPad's yield farming platform will be this system. Investors will be able to stake GXPAD and earn attractive profits through Planet Farming.

5. Galaxy Kingdoms

This is where the GalaxyPad community will get to play state-of-the-art play-to-earn games.

Governance

GalaxyPad's team is certain that decentralized autonomous organizations are the way of the future for huge initiatives (DAOs). As a result, the platform's governance functionality has been built up in preparation for GalaxyPad's transition to a DAO structure. Members of the community will design and submit ideas in the DAO that will impact major areas of the platform, including as fees, platform features, developments, and the treasury.

GalaxyPad Token

The GalaxyPad ecosystem is powered by the GXPAD native token. GXPAD will be essential for investors who want to participate in early company fundraising on the platform. In addition, GXPAD will give awards and incentives derived from yield farming. When GalaxyPad's DAO model is fully implemented, community members who have GXPAD tokens will receive governance powers in the organization. Last but not least, all platform costs will be paid in GXPAD.

Tokenomics

GXPAD has a total supply of 100 million. Its initial listing price was $0.055, and its initial market cap was $134,750.

The tokens making up GXPAD’s total supply will be divided in the following manner:

• 40 million tokens have been earmarked for the GalaxyPad ecosystem.

• 10 million tokens reserved for the management team.

• Some 15 million tokens will be used to boost the platform’s liquidity.

• Five million tokens to the project’s advisors.

• 10 million tokens will go into marketing activities.

• Twenty million tokens will be put up for sale. Of this number, 10 million tokens will be offered in a seed round, 7 million will be placed in a private sale, and the remaining 3 million in a public sale.

Roadmap

The development of the GalaxyPad is still in its early phases. However, the project's plan, which is divided into four major phases, is slowly ticking off milestones.

Disclaimer

This material is provided solely for educational purposes and does not constitute investing or financial advice. Before making any financial decisions, please conduct your own research. No part of this post should be construed as a recommendation, offer, or other solicitation to engage in, or abstain from engaging in, any buy, sell, or other investment-related activity with regard to any ICO or other transaction. Cryptocurrency investments are inherently volatile and high-risk. Don't put more money into it than you can afford to lose. We are not compensated for our assessments, but we do invest in initiatives that we feel have potential.

GO TO THE WEBSITE FOR MORE INFORMATION. GalaxyPad Website, Twitter, Telegram.