Galileo Protocol is a Multichain, peer-to-peer community platform created with QRC-20 token and QRC-721 tokenisation technology. Our platform lets brands, owners, and customers discover, browse, purchase, and create NFTs tied to physical assets. We call these pNFTs.

The term pNFTs refers to ‘physical Non-Fungible Tokens’, tokenised physical assets. These can apply to almost anything where ownership is essential, like real estate, luxury watches, and cars. 

PNFTs are our response to a fundamentally global problem in the luxury goods market: counterfeiting. By tokenisation, we certify that the physical asset is authentic and provide a guarantee of its origin. This certification happens on a public blockchain, allowing us to create an ownership history log. 

The estimated global value of counterfeit goods is over 500 billion dollars. 

The pNFT is a digital representation of the physical object to which it is linked, a digital twin. It provides all the advantages of a conventional NFT (unique, traceable, immutable, and secure) while abstracting much of the complexity involved in trading a physical asset.  

Galileo's pNFTs provide a valuable tool for buyers and sellers to establish the authenticity of the underlying asset. The Galileo protocol will allow most people and businesses to tokenise real-world assets into NFTs. These NFTs are obtainable with fiat or cryptocurrencies, such as USDC, LEOX, QNT, and more.

Galileo Protocol offers a plethora of services under its umbrella, including:

- An open source marketplace
- Cheaper and faster transactions
- Currency and pNFT transfer
- A wide variety of pNFTs to collect
- Redemption and escrow system
- Fiat & Crypto payment options
- Defi lending protocol

The LEOX token will serve as a utility token within the Galileo ecosystem. The LEOX utility token functions as a digital currency you can use on the Internet when dealing with physical assets. LEOX will also enable critical functions, including serving as a medium of exchange for platform services, milestone rewards, transaction fees, and governance rights.

The pNFT token model allows Galileo to provide a network of trust. This trust can offer many operational efficiencies and cost reductions for businesses operating in luxury markets.

Galileo Protocol is looking to solve three main issues in luxury asset markets:  

1) Investors are increasingly looking to diversify their investments into alternative assets. Asset classes such as real estate, luxury watches, or precious metals help to hedge against inflation or economic instability. Most of these assets are illiquid by nature. To be ‘Illiquid’ means that it is not easy to buy or sell these assets within a short time frame and without intermediaries. This illiquidity occurs due to imbalances in the supply and demand aspects of a market. pNFTs help with this problem by providing extra opportunities for liquidity via fractional ownership.

2) Cryptocurrencies have emerged as an alternative store of value. With Galileo Protocol, crypto investors can invest in physical assets without reverting to fiat on a cryptocurrency exchange first. In its current form, however, the market is volatile and cyclical. On top of this, crypto investors cannot leverage their holdings to acquire physical assets until they leave the crypto ecosystem.

3) Globalisation and the increase in online merchants have drastically increased opportunities for counterfeit goods to be bought and sold. Galileo Protocol provides a network of trust, linking a series of verified partners and existing luxury goods outlets through blockchain technology (pNFTs). In this sense, the pNFT provides a logistical benefit to existing merchants and trade infrastructure.

Galileo benefits retail investors by providing access to markets usually reserved for high-value investments. Access to real estate or luxury brand watches is impossible for most people due to the prohibitive price tags.  Due to the fractionalisation of pNFTs, this provides a lower barrier to entry for investors. The idea is that they can benefit from the appreciation of assets proportional to their ownership stake.

Using the Galileo platform reduces the administrative burdens seen with traditional markets. Smart contracts automate many routine administrative tasks, saving time and energy. Clearing and settlement stages in the payment process can be simplified and made more efficient. Logistics and tracking are other areas that smart contracts that could offer potential savings.

LEOX

Ethereum

Shiba Inu

Chainlink

Uniswap

Pepe

Wormhole

UNUS SED LEO

Fetch.ai

Lido DAO

Quant

Axie Infinity

Maker

Render

The Graph

Aave

EscoinToken

XEN Crypto

Apes Go Bananas

Advanced Project

XDAO

Blocksquare is a technology company building the required infrastructure to transfer real estate assets to the internet. Businesses of all types — from startups to large enterprises — can use Blocksquare’s solutions and APIs to digitize value of real estate properties, launch their investment platforms and connect people to tokenized real estate deals online.

Blocksquare's vision is to power 100s of platforms across the globe, connecting investors to real estate opportunities in their region.

Blocksquare offers three main products:

Real estate tokenization protocol

White-label marketplace

DeFi bridge

Blocksquare Token

Nakamoto Games

Router Protocol

Bittensor

Web3's Decentralised Commerce Layer.
Sell physical things as redeemable NFTs, everywhere, online, in-game and in-verse.
We have solved the hard tech problems of tokenizing and twinning physical items, so you can focus on creating innovative Web3 commerce experiences for your customers.
Our no-code, low-cost tools make it easy to tokenize and sell physical products as NFTs everywhere, including your own Web3 store, the Metaverse, or on NFT marketplaces.
Redemption can be integrated into your own website, giving your brand full control of the customer experience.
With Boson, you can create phygital assets and token-gate purchases, allowing you to effortlessly develop engaging and rewarding digi-physical commerce experiences.
Buyers can redeem the NFT for the physical with the assurance that either they will receive the item or their money back- all without the need to trust intermediaries or sellers, just code and independent dispute resolvers.  Alternatively, Buyers can transfer, gift, trade or hold the NFT - just like any other NFT.
Boson is a groundbreaking technology recognized as a Technology Pioneer by the World Economic Forum. As a decentralized protocol, Boson is built for the benefit of and governed by its users. Consequently, Boson only charges a minimal 0.5% per transaction protocol fee.

Boson Protocol

Maple

Myria

Verasity is an open-ledger ecosystem designed to fight advertising fraud, provide open access to infrastructure for publishers and advertisers, and reward users for watching video content. Verasity also provides payment solutions and a rewarding staking ecosystem with 15% yields guaranteed through to April 2024.

Powered by a mix of artificial intelligence (AI), machine learning (ML), and cutting-edge blockchain technologies, Verasity is building the most powerful advertising ecosystem in the world through VeraViews; developing an open-access payments platform through VeraWallet, the VeraCard, and VeraPay; and enhancing the attention economy through its patented Rewarded Video module.

Verasity

Centrifuge is a decentralized asset financing protocol. It connects decentralized finance (DeFi) with real-world assets (RWA) while trying to lower the cost of capital for small and mid-size enterprises (SMEs) and provide investors with a stable source of income. The main goal of the project is to generate profits that are not tied to volatile crypto assets; the developers are pursuing the task of transferring real monetary value from fiat to cryptocurrencies.

Companies are using Centrifuge to access the liquidity that DeFi has to offer. They can tokenize real assets and use these tokens as collateral to access financing through Tinlake, a decentralized application (DApp) lending protocol. The Centrifuge blockchain is built on Polkadot (DOT) for speed and low fees, while its financial DApp Tinlake is built to access Ethereum (ETH) liquidity.

Centrifuge provides liquidity to everyone and investors receive income and rewards in the form of CFG tokens. Centrifuge links assets such as invoices, real estate and royalties with decentralized finance (DeFi). Additionally, borrowers benefit from the fact that they can finance their real assets without banks or other intermediaries.

Centrifuge

Kaspa is a proof-of-work (PoW) cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus. The Kaspa blockchain is actually a blockDAG. This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency.

The Kaspa implementation includes a lot of cool features such as Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.

Kaspa

Dusk

LCX is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.

Coinbase offers 3 trading pairs pairs with LCX/USD, LCX/USDT and LCX/EUR, while Kraken also offers 2 trading pairs with LCX/EUR and LCX/USD. Uniswap (https://coinmarketcap.com/currencies/uniswap/) offers an Ethereum (ETH) trading pair; LCX/ETH. LCX Exchange offers a variety of trading pairs including Bitcoin (BTC), Ethereum (ETH) and USD Coin (USDC) options.

RenderToken (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. Conceived in 2009 by OTOY, inc. CEO Jules Urbach and launched in 2017, RNDR held its first public token sale in October of that same year, followed by a private sale period lasting from January 2018 – May 2018, wherein a total of 117,843,239 RNDR were sold at a price of 1 RNDR = $0.25 USD equivalent of token.
During the private sale period, early adopters were onboarded onto the RNDR Beta Testnet, where beta node operators and artists worked collaboratively with the RNDR team in building and testing the network, up until its public launch on April 27th 2020.

Ondo

Founded in 2017 and launched via IEO on Binance in March 2019, Fetch.AI is an artificial intelligence (AI) lab building an open, permissionless, decentralized machine learning network with a crypto economy. Fetch.ai democratizes access to AI technology with a permissionless network upon which anyone can connect and access secure datasets by using autonomous AI to execute tasks that leverage its global network of data. The Fetch.AI model is rooted in  use cases like optimizing DeFi trading services, transportation networks (parking, micromobility), smart energy grids, travel — essentially any complex digital system that relies on large-scale datasets.

Quant launched in June 2018 with the goal of connecting blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network. It is the first project to solve the interoperability problem through the creation of the first blockchain operating system.

To learn more about this project, check out our deep dive of Quant.

The project is built as an operating system distributed ledger technology— and Overledger Network — for connecting different blockchain networks. The project is billed as the first OS to be built for blockchains.

The main aim of Quant — using Overledger — is to bridge the gap that exists between different blockchains. The backbone of the project is the Overledger network, which Quant bills as the ecosystem on which the future digital economy ecosystem will be built.

Overledger allows developers to build decentralized multi-chain applications (known as MApps) for their customers. For developers to build a Mapp on the network, they must hold a certain amount of Quant tokens (QNT).

Akash Network

HELLO Labs

Vulcan Forged is a blockchain game studio and NFT marketplace. They are the makers of VulcanVerse.

PYR  is the native utility token that is used for:

Fees for marketplace settlement

Staking in VulcanVerse land and other assets

Upgrading and sustaining game asset levels

Play-to-earn rewards

Access to our game developers and NFT dapp incubation program

Vulcan Forged Platforms and games include:

*VulcanVerse, a Grece-Roman fantasy metaverse made up of 10,000 plots of land

Anvil, a crypto-less and gas-free NFT engine for easy game and dApp onboarding

Vulcan Market, a gas free NFT marketplace for all Vulcan Forged games

Berserk, an NFT online TGG

Frenzy, a create-your-own tournament platform with PYR as it’s reward token.

Vulcan Forged (PYR)

Energy Web Token (EWT) is the operational token behind the Energy Web Chain, a blockchain-based virtual machine designed to support and further application development for the energy sector.

Energy Web Chain was launched in June 2019. The Energy Web Foundation is the non-profit enterprise behind the project. EWT aims to bring diversity to the energy sector by allowing developers to create decentralized applications (DApps). The virtual machine has the potential to benefit actors from all areas of energetics, including grid operators, software developers, and vendors.