Galxe Embarks on a Strategic Alliance with Kroma, Lightscale’s Innovative Ethereum Layer 2 Solution, Backed by Gaming Publisher Wemade

[PRESS RELEASE – San Mateo, CA, October 26th, 2023]

Leading web3 community platform, Galxe, and Kroma, Lightscale’s Ethereum Layer 2 solution leveraging ZK Proof technology, today announced their platform integration and strategic partnership.

Lightscale, a subsidiary of the renowned game developer Wemade, responsible for iconic game series like ‘Legend of Mir’, has been on the forefront of addressing Ethereum’s scalability issues. Their recent successful rollout, the Kroma mainnet, showcases their innovative approach. Notably, the Kroma ecosystem hosts prominent apps such as iZUMI Finance, Owlto Finance, Superbridge, and Tally. With the integration of Galxe, there’s a clear vision to drive not just growth across major social media platforms, but also expansion on protocol-level engagement and fortify its NFT ecosystem.

Galxe, boasting over 13 million unique users, has significantly influenced the growth of Optimism, Polygon, Arbitrum, and supports more than 3,700 partners through its reward-based loyalty programs. The platform currently hosts an average of 600 campaigns from various projects. Data from Similarweb indicates that Galxe.com receives over 6.8 million monthly visitors, showcasing the platform’s popularity and solidifying its reputation as an essential destination for many web3 enthusiasts.

The collaboration between Galxe and Kroma aims to bolster the Kroma ecosystem. Galxe will enhance Kroma’s marketing campaigns, streamline the onboarding process for new Kroma users, and support community development initiatives. Galxe is here to solve the pain point of bringing web3 native users and streamline the web3 onboarding process for gamers who are open to exploring web3.

Charles Wayn, Co-Founder of Galxe, expressed his enthusiasm for the collaboration, stating, “Galxe and Kroma share a mutual vision to fast-track the adoption of blockchain technology. As a leading platform in the web3 ecosystem, Galxe is eager to amplify its collaboration with Lightscale across marketing, product integration, and innovative NFT launches.”

Integration efforts are in full swing, with a projected completion slated for November 2023. As part of the integration, Galxe’s website will incorporate features from the Kroma network, while Kroma will debut a new on-chain dashboard along with enhanced community membership features.

TK Park, CEO of Lightscale, stated, “This collaboration holds significance as it allows us to introduce Kroma to a wide user base of Galxe. Through this co-marketing effort, Kroma anticipates attracting a substantial influx of users in the Web3 industry. Furthermore, we plan to explore various opportunities for mutual growth through continued communication with Galxe in the future.”

About Galxe

Galxe is the leading platform for building web3 communities. With over 13 million unique users and integrated across 16 different blockchains, Galxe has propelled the growth of Optimism, Polygon, Arbitrum, and more than 3,700 partners with reward-based loyalty programs. Protocols can leverage Web3 credentials from Galxe’s credential data network to power growth, issue Soul Bound Tokens, increase community engagement, boost ecosystem growth, and generate brand awareness.

About Kroma

Built by Lightscale, Kroma is a universal Ethereum Layer 2 platform that utilizes ZK Proof technology. Kroma will start as an Optimistic Rollups with ZK Fault Proofs and will subsequently evolve to be an EVM-equivalent ZK Rollup. Korma strives to compose pragmatic, adaptive, and user-friendly L2 solutions for the Ethereum ecosystem. For more information, please visit https://kroma.network/

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