How to Use Galxe to Build a Community for Your Crypto Project
Have you ever wondered: What’s the best way to build a community for your crypto project? The answer might be simpler than you think, and it’s called Galxe. In this comprehensive guide, we delve into how to utilize this potent tool in the Web3 space to establish and nurture your crypto community.
What is Galxe?
Before we dive in, let’s pinpoint what Galxe is all about. You may come across various descriptions in different reviews – some may present it as a community-centric crypto project, others as a blockchain protocol, or even as a comprehensive app tailored for the Web3 world. Galxe is a platform with three core components:
- Quest Platform: Helps Web3 projects create communities and incentivize quests, attracting new members with task rewards.
- Credential Data Network: Empowers users to manage and share their verifiable credentials.
- Protocol: A permissionless, self-sovereign identity infrastructure powered by zero-knowledge proof, offering developers easy integration with Oracle modules and APIs.
Read more: Galxe Unveils Galxe Protocol: Empowering Decentralized Identity Solutions
Leveraging Galxe for Your Crypto Project
Galxe offers a variety of solutions to facilitate Web3 adoption and community management. It has already helped thousands of Web3 projects, including Arbitrum, Optimism, and Polygon. If your goal is to cultivate a vibrant community for your Web3 project, here’s how this potential platform can be your most vital partner:
a. Campaign Design: Galxe lets you determine the nature of your campaign. Additionally, it provides diverse data sources to assist in defining your campaign requirements.
b. Reward Determination: Web3 rewards benefit both platform owners and users. Its reward system allows you to offer enticing rewards to foster an active community. Members can receive these rewards through Galxe On-Chain Achievement Tokens (OAT), Non-Fungible Token (NFT) badges, or custom rewards.
c. Community Launch: Galxe streamlines the launch process by automating task completion tracking and reward distribution.
Building a Sustainable Web3 Community with Galxe
Creating a Space on Galxe
Creating your own Space on Galxe is achievable once you fulfill a few prerequisites!
- You need a minimum of 200 followers on Twitter.
- A deposit of 300 GAL or an Invitation Code is required to kick-start your Space.
- Linking to Discord is optional but recommended.
This guide will walk you through the key aspects of this process.
Setting up your Space on Galxe
The process to create your Space is straightforward and does not require specific permissions.
Step 1: Navigate to the Space Creation Page
- Log into Galxe using your preferred wallet.
- Click on your Galxe profile icon located at the top right corner.
- Select “My Spaces.”
Step 2: Fill in Your Space Details on the Space Creation Page, you’ll need to provide the following details:
Part One
- Name: Decide on a distinct name for your Space. (If a name is already taken, you’ll be asked to choose another.)
- Introduction: Draft a concise yet compelling introduction for your Space.
- Logo: Upload a logo in PNG or JPG format, up to 1MB, with a 1:1 portrait aspect ratio.
- Category: Choose up to 5 tags that accurately represent your Space.
Part Two
- Socials: Link your Twitter/X account (should have at least 200 followers)
- Space Reservation: Deposit 300 GAL or input an Invite Code.
- Verify Community: Link your Discord account (optional but recommended)
- Contact Email: Assign your email to the Space and verify it.
After you’ve completed these steps, your Space will be automatically created and classified as a Level 1 Space.
You’re now prepared to interact with your community and explore the wide array of features provided by Galxe!
Please Note: There are certain aspects of your Space to bear in mind!
- Your Space must always comply with Galxe’s terms and conditions.
- A random URL is generated for every new Space.
- Any updates & communications will be sent to the email associated with the Space.
- Users must log in using the same wallet address tied to their Space to access the admin dashboard. Logging in with a different wallet address will restrict access to the dashboard.
Read more: Galxe Launches Web3 Crypto Chatbot Galxe AI To Challenge ChatGPT
Launching a Campaign on Galxe
Next, the Coincu team will assist you in crafting a campaign with Token Rewards.
Step 1. Craft Your Campaign
- Navigate to your Space Dashboard and select “Create”.
- From the dropdown menu, opt for “Create Campaign”.
Step 2. Campaign Details Before your campaign takes off, ensure to fill in ALL the needed information:
- Title: Input the Campaign Title
- Description: Elaborate on the eligibility criteria for the campaign.
- Campaign Duration: Mention the final date for users to finish tasks, claim rewards, or join the raffle.
Campaign Visibility:
a) Private: Opt for this if you want your campaign to remain concealed from public view. These campaigns won’t appear on the homepage or your Space Dashboard but can be accessed via direct links.
b) Public: Choose this if you want your campaign to be open to all. You can also modify this setting after initially setting the campaign to private.
Hit “Next” to continue.
Step 3. Choose Reward Type: Token (ERC-20)
In the first step of setting up a campaign on Galxe, you can opt for different rewards. For this stage, pick “Token” as the campaign reward.
Note: If the Space Owner/Admin opts for “Email Type” for Token reward, Custom Reward, and Mintlist, both winners and participants will receive email notifications post the campaign closure.
Step 4. Organize the Reward Details
In this stage, you are required to input details and establish rules for the rewards in your campaign. Complete the following details:
Select the chain and currency for distribution. (Custom tokens are not supported)
Mention the quantity to be granted to a single winner.
Choose between First Come, First Serve (FCFS) or a Raffle. In a Raffle, winners are picked randomly after task completion. During FCFS, the participants get rewarded till the rewards last.
Mention the total number of winners.
Step 5. Validate the Rewards (Deposit Balance)
After filling in all the details, validate the Deposit Balance to ensure it mirrors the correct total number of Tokens for the campaign. Perform this step BEFORE hitting the “Deposit” button.
Step 6. Approve the Deposit
After the deposit completion, you can check the transaction hash and apply for a refund if required.
Step 7. How to Join the Campaign
- Add the Credentials you want to use to authenticate your participants.
- There are numerous ways to run a Campaign, and the combinations are endless. You can pick multiple Credentials and have participants meet either one (1) or all of them.
- Ensure all the check marks are green (✅) before your campaign launch.
Post-release, you can share this campaign with anyone (when set to Public).
For comprehensive guidance on how to craft campaigns with other rewards, explore more here.
Galxe Passport – Your Universal Identity for Web3 Adventures
To simplify user identification, the platform has introduced the Galxe Passport. This digital passport stores vital data, such as personal information, and facilitates access to diverse applications within its ecosystem.
The Galxe Passport, hailed as “your universal identity for Web3 adventures,” proffers these advantages:
- It offers a secure and private medium for users to store their data.
- It empowers users to retain absolute control over their information, determining who gets access.
For Crypto projects, the Galxe Passport provides additional benefits. It authenticates user identities, thus enhancing security and trust within the community. Moreover, it enables targeted interaction and personalized experiences based on the users’ stored data and preferences, fostering a more engaged and thriving community.
In conclusion
Galxe is an essential tool for the growth of crypto project communities. With its intuitive interface, diverse campaign options, and innovative features such as the Galxe Passport, it simplifies engagement. Streamlines the design of campaigns and community rewards, letting you focus more on community building. This guide is intended to explain the platform’s usage and encourage further exploration. A well-executed campaign can greatly influence your project’s growth, so begin building your community on Galxe today!
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |