Founding Phylosophy
Galaxy DAO strives to pursue the "prosperity" of its participants.
By combining existing exchange frameworks and advanced models that utilise blockchain technology, we aim to incorporate traditional users, as we promote innovation, enhance community engagement, and create a unique platform.
Furthermore, we believe that "prosperity" encompasses not only materialistic wealth but also comprehensive fulfillment of financial wellness and mental well-being. We consider the concept of "DAO" as a crucial element in achieving these goals.
Why CEX?
Trade Planets is a centralized trading exchange developed by Galaxy DAO and is the DAO's principal product. Trade Planets will combine traditional and modern trading by providing a single platform where users can trade both forex and cryptocurrencies.
We will create a centralized exchange initially due to the strengths of the founding members of the Galaxy DAO team who possess a wealth of experience in operating centralized trading exchanges. This will also be the fastest route to create the Trade Planets trading exchange.
In future we may introduce or transition to a decentralized trading structure, and this will be decided through community governance through Galaxy DAO.
Trade Planets Utility Token
Trade Planets will have its own utility token which will be used in the Trade Planets ecosystem and be publicly tradable. Utility token holders are valued members of the Trade Planets community who believe in our goals & aims and will benefit from the growth of the exchange through token purchase and rising token values.
Galaxy DAO Launchpad
After the launch of Trade Planets perhaps one of the most exciting plans of Galaxy DAO is its Launchpad feature - an early round incubator for seed and start-up level companies showing promise in the tech sector, being led and scaled by members of Galaxy DAO who are experts in their respective fields.
Galaxy DAO plans to introduce the Launchpad feature in due course after scaling Trade Planets.