The current multi-chain ecosystem is experiencing unprecedented rapid development. With the continuous emergence of L2 and possible future L3 networks, the blockchain world has become richer but more complex. Interoperability between different chains has become a key challenge. Users are forced to shuttle between multiple blockchains, handling tedious processes such as cross-chain bridging, asset conversion, and gas fee management. This not only increases operating costs, but also greatly reduces User Experience.
In this context, chain abstraction platforms such as Gravity have emerged to solve this pain point. As a Layer-1 blockchain designed for large-scale adoption and the future of the entire chain, Gravity integrates advanced technologies such as zero-knowledge proof and proof of stake to achieve high performance, high security, and low transaction costs. Its core advantage lies in the full-chain abstraction technology, which hides complex on-chain interactions behind the scenes and solves cross-chain communication, asset transfer, and cross-chain smart contract calls between different chains by building universal and versatile smart contracts, providing users with a simple, intuitive, and seamless cross-chain experience.
Gravity not only simplifies cross-chain processes, but also further improves the efficiency and scalability of applications through cross-chain settlement protocols. It allows developers to transfer mission-critical transactions to Gravity, using it as an open, code-as-law database, thus changing the traditional private and unauditable backend development model. This innovation not only optimizes User Experience, but also lays a solid foundation for the widespread adoption of blockchain applications.
On July 25th, the Gravity ecological token $G will be launched on The First platform. With the support of the Galaxe team's huge user base, Gravity is expected to become an important force in the multi-chain ecosystem, promoting the development of blockchain technology towards a more user-friendly, efficient, and scalable direction.
1. What is Gravity?
Galxe is a decentralized super application and the largest on-chain distribution platform for Web3. Through its powerful infrastructure and suite of products (Quest, Passport, Score, Compass, and Alva) for Modularization AI, digital identity, and blockchain technology, Galxe supports the development of advanced, user-friendly Web3 applications, with a focus on secure and autonomous digital identity management. The recently launched Gravity is a 1-layer full chain that utilizes Galxe's infrastructure, enabling developers to leverage Galxe's 20 million users and create new products that help bring the world to Web3.
Galxe stated that in the past three years, its user base and transaction volume have grown exponentially, highlighting the urgent need for more efficient, scalable, and secure cross-chain interaction solutions. However, existing solutions have shortcomings in supporting the required complexity and scale, and Gravity has the ability to address these challenges, providing integrated and simplified experiences for developers and users.
Gravity is a Layer-1 blockchain designed for mass adoption and a full-chain future. At its core, Gravity uses advanced technologies such as zero-knowledge proof, proof-of-stake architecture, and state-of-the-art consensus mechanisms to provide high performance, enhanced security, and transaction cost efficiency. Through full-chain abstraction, Gravity isolates technical complexity from end users, prioritizing user-friendliness and seamless journeys without exposing users to complex on-chain interactions.
In order to meet the needs of high-throughput applications, Gravity adopts a cross-chain settlement protocol aimed at maximizing its high-performance and fast finality chain capabilities. The protocol allows applications to use Gravity as a user intent settlement layer across any chain. With leading applications such as Smart Savings, this feature shifts the development model from a private, unauditable backend to transferring mission-critical transactions to Gravity, serving as an open, code-as-law database.
The first version of the network is built on the Arbitrum Nitro technology stack and was officially launched in June to test cross-chain settlements in an open and transparent manner. The fully functional Gravity mainnet has native staking and re-staking functions and is scheduled to go live in the second quarter of 2025. The Galaxe team stated that the reason for creating Gravity is that the user base of the platform has grown significantly in the past three years, currently with 20 million users and 100 million transactions per month. This requires a more efficient and scalable solution to manage cross-chain interactions between the 34 blockchains supported by Galxe.
2. Gravity ecological advantage
G is the native token of Gravity and the utility token of the Gravity and Galxe ecosystems. G provides support for transactions as a gas token and will soon protect the network through staking. As the main utility token of both ecosystems, G plays a crucial role in governance decisions, incentivizing growth, and promoting payments.
On July 4th, Galxe posted on the X platform stating that the Galxe (GAL) token will be migrated to Gravity (G) to unify and optimize the experience across two ecosystems.
G token will serve as the native token of Gravity Alpha mainnet and exist as ERC20 token on Ethereum, BNB Chain, and Base. The initial total supply is 12,000,000,000 tokens.
After completing the on-chain migration, the user's existing GAL tokens will be destroyed and new G tokens will be sent to their wallet at a ratio of 1:60. If the user does not migrate GAL, they can still keep it. However, the existing functions of GAL will be fully transitioned to G.
In addition to migrating existing utilities from GAL, G will also expand its application scope to serve all users in our ecosystem. The following are the main features of G:
According to the official announcement, The First Spot Zone will launch G (Gravity) on July 25, 2024 at 16:00 (UTC + 8). This is not only another exploration of Gravity's deep application of blockchain technology, but also an important milestone in opening up a new, user-friendly on-chain economic ecosystem. As chain abstraction becomes a hot spot pursued by capital, and the market urgently needs a mature, secure, and market-verified user access window like Gravity, Gravity's debut is timely.
Gravity not only simplifies the on-chain interaction process to the extreme, greatly reducing the threshold for users to enter the blockchain world, but also ensures the security and efficiency of transactions with innovative technical means. This measure not only meets the urgent needs of users for convenient and secure on-chain experience, but also lays a more solid foundation for the popularization and application of blockchain technology.
The launch of its core token $G on The First platform means that Gravity has an extremely important traffic entrance in the blockchain field. As users flood into the blockchain world through this window, Gravity and its ecosystem will have the opportunity to attract massive attention and resources, further promoting the innovation and development of blockchain technology. At the same time, this also brings unprecedented opportunities for Gravity token holders to participate in this thriving ecosystem and share the dividends brought by blockchain technology.
In this context, chain abstraction platforms such as Gravity have emerged to solve this pain point. As a Layer-1 blockchain designed for large-scale adoption and the future of the entire chain, Gravity integrates advanced technologies such as zero-knowledge proof and proof of stake to achieve high performance, high security, and low transaction costs. Its core advantage lies in the full-chain abstraction technology, which hides complex on-chain interactions behind the scenes and solves cross-chain communication, asset transfer, and cross-chain smart contract calls between different chains by building universal and versatile smart contracts, providing users with a simple, intuitive, and seamless cross-chain experience.
Gravity not only simplifies cross-chain processes, but also further improves the efficiency and scalability of applications through cross-chain settlement protocols. It allows developers to transfer mission-critical transactions to Gravity, using it as an open, code-as-law database, thus changing the traditional private and unauditable backend development model. This innovation not only optimizes User Experience, but also lays a solid foundation for the widespread adoption of blockchain applications.
On July 25th, the Gravity ecological token $G will be launched on The First platform. With the support of the Galaxe team's huge user base, Gravity is expected to become an important force in the multi-chain ecosystem, promoting the development of blockchain technology towards a more user-friendly, efficient, and scalable direction.
1. What is Gravity?
Galxe is a decentralized super application and the largest on-chain distribution platform for Web3. Through its powerful infrastructure and suite of products (Quest, Passport, Score, Compass, and Alva) for Modularization AI, digital identity, and blockchain technology, Galxe supports the development of advanced, user-friendly Web3 applications, with a focus on secure and autonomous digital identity management. The recently launched Gravity is a 1-layer full chain that utilizes Galxe's infrastructure, enabling developers to leverage Galxe's 20 million users and create new products that help bring the world to Web3.
Galxe stated that in the past three years, its user base and transaction volume have grown exponentially, highlighting the urgent need for more efficient, scalable, and secure cross-chain interaction solutions. However, existing solutions have shortcomings in supporting the required complexity and scale, and Gravity has the ability to address these challenges, providing integrated and simplified experiences for developers and users.
Gravity is a Layer-1 blockchain designed for mass adoption and a full-chain future. At its core, Gravity uses advanced technologies such as zero-knowledge proof, proof-of-stake architecture, and state-of-the-art consensus mechanisms to provide high performance, enhanced security, and transaction cost efficiency. Through full-chain abstraction, Gravity isolates technical complexity from end users, prioritizing user-friendliness and seamless journeys without exposing users to complex on-chain interactions.
In order to meet the needs of high-throughput applications, Gravity adopts a cross-chain settlement protocol aimed at maximizing its high-performance and fast finality chain capabilities. The protocol allows applications to use Gravity as a user intent settlement layer across any chain. With leading applications such as Smart Savings, this feature shifts the development model from a private, unauditable backend to transferring mission-critical transactions to Gravity, serving as an open, code-as-law database.
The first version of the network is built on the Arbitrum Nitro technology stack and was officially launched in June to test cross-chain settlements in an open and transparent manner. The fully functional Gravity mainnet has native staking and re-staking functions and is scheduled to go live in the second quarter of 2025. The Galaxe team stated that the reason for creating Gravity is that the user base of the platform has grown significantly in the past three years, currently with 20 million users and 100 million transactions per month. This requires a more efficient and scalable solution to manage cross-chain interactions between the 34 blockchains supported by Galxe.
2. Gravity ecological advantage
- Cross-chain transactions: Gravity allows developers to define and settle transactions across multiple blockchains, making interactions more efficient and secure.
- Efficient verification: Supporting cost-effective ZKP verification, Gravity ensures transactions are both economical and secure.
- Enhanced User Experience: By introducing cryptographic primitives such as the secp256r1 curve through pre-compile contracts, Gravity enables use cases such as cost-effective key authentication for account abstraction wallets, enhancing the User Experience.
- High Performance Execution: Gravity integrates the fastest execution layer Reth and the most advanced consensus algorithm Jolteon. These technologies are combined to provide high throughput and near-instant finality.
- Secure and powerful PoS mechanism: Gravity's proof of stake will be supported by a combination of G token native staking and re-staking protocols (including Babylon and EigenLayer). This design incentivizes and unites the cross-domain community to jointly maintain the Gravity chain.
- EVM Compatibility: Gravity will be fully compatible with EMV, allowing developers to seamlessly deploy and interact with smart contracts.
G is the native token of Gravity and the utility token of the Gravity and Galxe ecosystems. G provides support for transactions as a gas token and will soon protect the network through staking. As the main utility token of both ecosystems, G plays a crucial role in governance decisions, incentivizing growth, and promoting payments.
On July 4th, Galxe posted on the X platform stating that the Galxe (GAL) token will be migrated to Gravity (G) to unify and optimize the experience across two ecosystems.
G token will serve as the native token of Gravity Alpha mainnet and exist as ERC20 token on Ethereum, BNB Chain, and Base. The initial total supply is 12,000,000,000 tokens.
After completing the on-chain migration, the user's existing GAL tokens will be destroyed and new G tokens will be sent to their wallet at a ratio of 1:60. If the user does not migrate GAL, they can still keep it. However, the existing functions of GAL will be fully transitioned to G.
In addition to migrating existing utilities from GAL, G will also expand its application scope to serve all users in our ecosystem. The following are the main features of G:
- Staking: Staking G can actively participate in governance, protect the network, and contribute to the long-term sustainable development of Gravity and Galxe ecosystems. In addition, G stakers can easily obtain exclusive rewards for applications built by Galxe.
- Governance: G DAO is governed by G holders. G DAO is a transparent, secure and decentralized framework that promotes unity and progress among its members.
- Transactions: As Gravity Chain's native gas token, G is used to execute and pay for all on-chain transactions.
- Payments: As a utility token in the Galxe ecosystem, G is used to pay for applications built by Galxe, including Galxe Quest, Galxe Passport, Galxe Score, Alva, and more.
- Token name: Gravity
- Token symbol: G
- Initial total supply: 12,000,000,000 G
- Decimal: 18
- ERC-20 contract address: 0x9C7BEBa8F6eF6643aBd725e45a4E8387eF260649.
According to the official announcement, The First Spot Zone will launch G (Gravity) on July 25, 2024 at 16:00 (UTC + 8). This is not only another exploration of Gravity's deep application of blockchain technology, but also an important milestone in opening up a new, user-friendly on-chain economic ecosystem. As chain abstraction becomes a hot spot pursued by capital, and the market urgently needs a mature, secure, and market-verified user access window like Gravity, Gravity's debut is timely.
Gravity not only simplifies the on-chain interaction process to the extreme, greatly reducing the threshold for users to enter the blockchain world, but also ensures the security and efficiency of transactions with innovative technical means. This measure not only meets the urgent needs of users for convenient and secure on-chain experience, but also lays a more solid foundation for the popularization and application of blockchain technology.
The launch of its core token $G on The First platform means that Gravity has an extremely important traffic entrance in the blockchain field. As users flood into the blockchain world through this window, Gravity and its ecosystem will have the opportunity to attract massive attention and resources, further promoting the innovation and development of blockchain technology. At the same time, this also brings unprecedented opportunities for Gravity token holders to participate in this thriving ecosystem and share the dividends brought by blockchain technology.
