Calaxy
CLXY #6174Project Safety Score: 45%
Updated 48 minutes ago& Market
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Calaxy is a decentralized protocol designed for content creator monetization through social tokens and NFTs. The native token, $CLXY, functions as both a governance token and a means to pay gas fees within the ecosystem. The protocol claims to be the first to integrate NFTs with social tokens, enabling creators to expand their revenue streams.
The Calaxy App is the initial platform built using this protocol, offering a user interface similar to Twitter and Instagram for creators to market and sell digital assets. Fans can purchase creator tokens using fiat currency, and in the future, $CLXY, allowing them to access various online engagements like video calls and exclusive content. Over 200 public figures have reportedly agreed to launch their own social tokens through the Calaxy App.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
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