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Smart contract of the following asset can be modified by the contract creator (for example: disable selling, change fees, mint new tokens, or transfer tokens). Please exercise caution before taking any action and DYOR.
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About Galvan
What is Galvan?
Galvan is a gamified Web3 health and wellness platform founded by healthcare and blockchain experts with the mission to “galvanize” humanity to invest in wellness.
This mission is being accomplished through an ecosystem that rewards you for making healthy choices, informs you about ways to care for yourself and others, and empowers you to own and control your health data. By leveraging blockchain technology and a unique Proof of Action distribution algorithm, Galvan is turning self-care into a reward-generating activity and reintroducing personal accountability.
What is IZE?
Put Galvan and IZE together and you get galvanize: to shock or excite someone into taking action. IZE is the native utility token of the Galvan Blockchain and incentivizes all the right actions in the ecosystem, from running a node to going on a run.
IZE has a maximum supply of 50,000,000,000, half of which were distributed to Node Owners through the Galvan Blockchain in the first year. Each year thereafter, the amount of IZE issued is half of the previous year’s allocation. The official start date of year-one points accrual was Feb. 17th, 2022 at 00:00 UTC, serving as the date for annual halvings.
New IZE is distributed solely to Node Owners through the Galvan Blockchain.
What is the Galvan Blockchain?
The Galvan Blockchain is a layer-2 of Ethereum focused specifically on empowering wellness. It is unique for three reasons:
1. The “Proof of Action” distribution algorithm that follows Swiss utility token standards
2. Scalable blockchain-rewards system for healthy actions
3. Easy participation through Node Software
The long-term vision of the Galvan Blockchain is to become the foundation for health and wellness data and transactions. Imagine a world where you can store and manage a decentralized health record, earn rewards and subsidize healthcare costs through healthy actions, and participate in peer-to-peer research studies—all powered by the Galvan Blockchain.
What are Galvan Nodes?
At the foundation of the Galvan ecosystem are Galvan Nodes, which confirm transactions, earn daily IZE distribution, and provide governance for the blockchain. Community members can become Node Owners by purchasing node licenses. There are two types of licenses, which you can learn more about here: https://www.galvan.health/nodes
Once someone becomes a Node Owner, they also become a member of the Node Network DGF (Distributed Governance Framework), a blockchain coordination protocol made up of Galvan Node Owners. The Node Network DGF established the initial rules of the Galvan Blockchain prior to launch through a "Charter" vote, which was accepted by a majority of Node Owners on Nov. 27, 2022.
What is Galvan?
Galvan represents a pioneering approach within the intersection of blockchain technology and wellness, aiming to revolutionize how individuals engage with their health and wellness routines. At its core, Galvan is a gamified Web3 platform that is meticulously designed to motivate users towards healthier lifestyles through a unique blend of technology, healthcare knowledge, and blockchain innovation. The platform's foundation is built upon the expertise of professionals from both the healthcare and blockchain sectors, ensuring a well-rounded and effective ecosystem.
The essence of Galvan's mission is to "galvanize" individuals into prioritizing their wellness, achieved through a multifaceted strategy. Users are rewarded for making health-conscious decisions, provided with valuable information on self-care, and granted the autonomy to manage their health data securely. This is facilitated by the integration of blockchain technology and a novel Proof of Action distribution algorithm, which collectively transform self-care into an activity that not only benefits personal health but also offers tangible rewards.
A key component of the Galvan ecosystem is its native utility token, IZE, which plays a crucial role in incentivizing positive actions within the platform. Whether it's participating in physical activities or contributing to the network by running a node, users are encouraged to engage in behaviors that promote wellness. The tokenomics of IZE are designed with sustainability in mind, featuring a maximum supply and a distribution model that rewards node owners, thereby fostering a vibrant and active community.
The Galvan Blockchain, a layer-2 solution built on Ethereum, is specifically tailored to enhance wellness initiatives. It stands out for its Proof of Action algorithm, scalability, and ease of participation, making it an ideal foundation for managing decentralized health records, earning rewards through healthy behaviors, and engaging in peer-to-peer research studies. This blockchain is not just a technological infrastructure but a vision for a future where health and wellness data are decentralized, empowering individuals to take control of their wellness journeys.
Galvan Nodes are the backbone of this ecosystem, responsible for transaction verification, daily token distribution, and governance. By acquiring a node license, community members can become Node Owners, thus gaining a stake in the platform's governance through the Node Network DGF (Distributed Governance Framework). This framework ensures a democratic approach to decision-making within the Galvan ecosystem, highlighting the platform's commitment to community-driven development and innovation.
In conclusion, Galvan is more than just a platform; it's a movement towards integrating blockchain technology with health and wellness to create a more engaged, empowered, and healthy global community.
How is Galvan secured?
Galvan employs a multifaceted approach to ensure the security of its platform, integrating both hardware and software solutions to protect users and their assets. At the core of its security strategy, Galvan recommends the use of a reputable hardware wallet. This device provides an additional layer of security by storing users' private keys in a secure environment, isolated from online threats. Furthermore, Galvan has introduced a new locking mechanism, enhancing the safety of transactions and wallet access.
Beyond hardware solutions, Galvan has implemented advanced cryptographic techniques such as zero-knowledge proofs and ring signatures. Zero-knowledge proofs enable transaction validation without revealing any sensitive information about the parties involved or the transaction itself. Ring signatures add another layer of privacy by allowing a transaction signer to remain anonymous within a group of users.
Galvan also advises the use of secure staking platforms and emphasizes the importance of selecting a trustworthy crypto wallet for purchasing and holding IZE, the native utility token of the Galvan ecosystem. This dual approach of recommending both physical security devices and leveraging cutting-edge cryptographic methods demonstrates Galvan's commitment to providing a secure environment for its users.
In the broader context of the Galvan ecosystem, which aims to incentivize wellness through blockchain technology, security is paramount. By ensuring the integrity and safety of transactions and data, Galvan fosters trust within its community. This trust is essential for the platform's mission to galvanize individuals towards healthier lifestyles while rewarding them with IZE tokens for their participation in wellness activities.
As with any investment in cryptocurrencies or participation in blockchain platforms, individuals are encouraged to conduct their own research and consider the security features and recommendations provided by the platform. Galvan's comprehensive security measures, combining hardware, advanced cryptography, and best practices for wallet security, offer a solid foundation for users to engage with the ecosystem confidently.
How will Galvan be used?
Galvan is a multifaceted platform that integrates the principles of wellness and blockchain technology to create a unique ecosystem focused on promoting health and wellness. At its core, Galvan is designed to incentivize users for engaging in healthy behaviors through a gamified Web3 health and wellness platform. This innovative approach leverages a combination of artificial intelligence (AI), cognitive behavioral therapy (CBT), and blockchain rewards to encourage users to maintain a healthier state of mind.
The platform operates on the Galvan Blockchain, a layer-2 solution of Ethereum, tailored specifically for wellness initiatives. This blockchain is distinguished by its "Proof of Action" distribution algorithm, which adheres to Swiss utility token standards. It rewards users for healthy actions, making it possible for individuals to earn rewards by simply taking care of their health. This scalable rewards system is designed to be accessible and easy to participate in through Node Software.
Galvan Nodes play a crucial role in the ecosystem. These nodes are responsible for confirming transactions, earning daily distributions of the native utility token, IZE, and providing governance for the blockchain. Community members can become Node Owners by acquiring node licenses, thereby gaining membership in the Node Network Distributed Governance Framework (DGF). This framework is a blockchain coordination protocol consisting of Galvan Node Owners, who establish the rules of the Galvan Blockchain through collective decision-making processes.
The Galvan ecosystem also extends its utility through collaborations, such as with Cyber Galz, to mint Non-Fungible Tokens (NFTs) on platforms like DeFine. This partnership supports the tradeability of Cyber Galz NFTs in the secondary market, showcasing Galvan's versatility in integrating wellness with digital collectibles and the broader NFT space.
In summary, Galvan is pioneering a new way to approach health and wellness by creating a blockchain-based ecosystem that rewards users for making healthy choices. Through its unique Proof of Action algorithm, the Galvan Blockchain, and the active participation of its community via Galvan Nodes, the platform is set to revolutionize how individuals engage with their health and wellness, making self-care a rewarding experience.
What key events have there been for Galvan?
Galvan, a gamified Web3 health and wellness platform, has made significant strides in the cryptocurrency and blockchain space, marking its presence with notable achievements and developments. Founded with the mission to galvanize humanity towards wellness, Galvan leverages blockchain technology to reward healthy choices, inform self-care practices, and empower individuals with control over their health data.
One of the key milestones for Galvan has been the introduction and implementation of its native utility token, IZE. This token plays a crucial role in the ecosystem, incentivizing actions that contribute to wellness, from participating in physical activities to running a node on the Galvan Blockchain. The distribution of IZE follows a unique model, with a maximum supply of 50,000,000,000 tokens, half of which were allocated to Node Owners in the first year following the official start date of February 17th, 2022. This distribution model includes annual halvings, reducing the amount of new IZE issued each year by half, thereby encouraging early participation and investment in the platform's wellness-driven activities.
The Galvan Blockchain itself is a layer-2 solution built on Ethereum, designed specifically to support the wellness ecosystem. It stands out for its "Proof of Action" distribution algorithm, a scalable rewards system for healthy behaviors, and the ease of participation through Node Software. This blockchain aims to serve as a foundational layer for health and wellness data and transactions, envisioning a future where decentralized health records, rewards for healthy living, and peer-to-peer research studies are all facilitated through blockchain technology.
Another significant event in Galvan's journey was the establishment of Galvan Nodes and the Node Network Distributed Governance Framework (DGF). This framework allows community members to become Node Owners by purchasing licenses, thereby earning daily IZE distributions and participating in the governance of the blockchain. The Node Network DGF plays a pivotal role in the decentralized decision-making process within the Galvan ecosystem, having established the initial rules of the blockchain through a "Charter" vote accepted by a majority of Node Owners on November 27, 2022.
These developments underscore Galvan's commitment to integrating blockchain technology with health and wellness, creating a unique ecosystem that rewards users for taking charge of their well-being. As with any investment in the cryptocurrency space, potential participants are encouraged to conduct thorough research to understand the risks and opportunities associated with Galvan and its offerings.
The live Galvan price today is $0.000214 USD with a 24-hour trading volume of $14,292.36 USD. We update our IZE to USD price in real-time. Galvan is up 0.92% in the last 24 hours. The current CoinMarketCap ranking is #4324, with a live market cap of not available. The circulating supply is not available and a max. supply of 50,000,000,000 IZE coins.
If you would like to know where to buy Galvan at the current rate, the top cryptocurrency exchange for trading in Galvan stock is currently ProBit Global. You can find others listed on our crypto exchanges page.