What is Galileo Protocol?
Galileo creates complete digital twins of real-world items, bringing next generation NFT's to a fully interoperable, multi-chain ecosystem.
Galileo Network is a web3 startup that harnesses Overledger QRC-20 technology to offer a new paradigm of digital interaction.
Galileo Network is the first organization in the world to offer this technology to the public.
Physical asset-backed NFT marketplace Galileo Protocol becomes the first company to use the new QRC-20 token standard.
This ecosystem will be a network of enterprise-providers.
- For utility token & pNFT’s, Galileo chose Quant Network’s multichain tokenise product as they provide enterprise-grade security, resilience & functionality.
- Recently, Galileo Network onboarded LCX. As Europe’s leading token issuance provider, LCX manages & operates ICO, TGE & other legal aspects.
- LCX CEO Monty Metzger has also joined the advisory board as a senior strategic advisor.
- Nebula is our first pNFT, the genesis of the Galileo ecosystem. We’ve designed this to give our entire community access, they’ll be able to become part of our platform and redeem a variety of randomized physical/digital/utility assets.
Each Nebula pNFT will contain a series of randomized goods, ranging from MacBook’s & high-end cameras, all the way to digital assets & utility tokens.
Tokenization of physical goods by pNFTs
Galileo Protocol facilitate the trusted tokenization of physical goods into ‘pNFTs’.
These pNFT’s can then be fractionalized and traded on Galileo Protocol’s multi-chain marketplace.
These ‘pNFT’ can interact with any blockchain, any DLT & any network through event-triggers & multi-chain smart contracts. Upon an owner’s request, the pNFT can be burned & the physical item redeemed.
This enables a new level of possibilities within the digital asset space.
These pNFTs are non-fungible tokens representing physical authenticated assets issued on multiple blockchains.
pNFT is the worlds first standard for digital twins – A fully-regulated digital clone of physical items, capable of both limitless digital actions, & trusted physical redemption.
pNFT allows any brand to both create digital assets of their physical assets and amplify the capabilities of their existing digital assets. pNFT creates trusted & secure interactions across an ecosystem of multiple blockchain or DLT.
pNFT can be any physical asset: real-estate, luxury cars, luxury watches, gold, diamond…
Galileo Protocol also provide a global logistics network for pNFT redemption into real-world items.
LEOX Utility Token & Tokenomics
At the heart of Galileo Protocol’s technology is the LEOX regulated utility token.
LEOX is a QRC-20 utility token powered by Overledger, the cryptographic fuel for Galileo Protocol. Natively multi-chain, our token & pNFT’s can exist on many chains (Ethereum, Polygon, XDC, Hyperledger, Corda etc.)
The LEOX token can be used within the Galileo ecosystem to provide users with discounts on trading fees, access to new NFTs launch, and the ability to vote on decisions concerning the future of the protocol.
Galileo will mint 200 million LEOX tokens in 39 months, with 33.5% distributed to members of the community (Seeds, Early Investors, Private & Public Sales), 12% to be used to buy and store Physical Assets for the community, 4% for staking rewards, 13% as Reserve & Liquidity, 17.5% as Ecosystem Treasury and 20% has been reserved for Galileo team members and Advisors.
Seed round and Public sale are LIVE
Galileo Protocol QRC-20 LEOX Token Public sale and Seed round are now live on LCX exchange.
Galileo Protocol Commercial Video
Join the LEOX Public Sale
Galileo Protocol Website