Web3 users reached an impressive milestone in Q2 this year, with the number hitting 10 million. This growth marks a significant step forward for the decentralized web. Web3 is all about a more open and user-controlled internet, moving away from the centralized control of big tech companies. With the number of users now in the millions, it’s clear that more people are recognizing the value and potential of this new digital frontier. Web3 offers opportunities to engage with customers in new ways, build decentralized platforms, and create value that wasn’t possible with traditional internet models.
As Web3 users crossed the 10 million mark in Q2 this year, more gamers are interested in decentralized games like Galaxy Fox to have fun and earning opportunities in an exciting package. Galaxy Fox is the latest Web3 runner game that has a rapidly growing Web3 community. This game is about collecting, competing, and winning through the power of NFTs and cryptocurrencies. The altcoin has a mission that extends beyond gaming. It aims to create a strong impact by offering opportunities for holders to earn income through staking, P2E gaming, and $GFOX token ownership.
Let’s find out more about the astonishing milestone, the reasons behind it, and how Galaxy Fox is changing the P2E gaming industry.
Reasons for the Surge in Web3 Users This Year
The surge in Web3 users is driven by three main factors. First, there’s been a lot of buzz around cryptocurrencies and blockchain technology, which are fundamental to Web3. As people become more interested in these technologies, they naturally explore what Web3 has to offer. Secondly, the increase in decentralized applications, or dApps, has made Web3 more accessible. These apps offer various services like finance, social media integration without the need for a middleman.
Another factor contributing to this growth is the rise of non-fungible tokens (NFTs). NFTs have exploded in popularity, with artists, musicians, and even sports leagues showing interest. This has given attention to the Web3 space and brought in new users who are curious about owning and trading digital assets.
Finally, Web3’s appeal also lies in its promise of greater security and privacy. Traditional internet services often collect and monetize user data, but Web3 aims to put control back into the hands of users. This shift is especially attractive in an era where data breaches and privacy concerns are increasingly common.
How Galaxy Fox Becomes the Top Altcoin with Web3 Gaming
The main standout feature of Galaxy Fox is the recently launched P2E game online on May 11. Galaxy Fox aims to join the ranks of major meme tokens like Dogecoin and Shiba Inu but with more utilities. Players can earn $GFOX tokens by playing the Galaxy Fox game and earn money. The game operates on a seasonal basis with rewards distributed weekly and monthly. The top 20% of players on the leaderboard receive in-game currencies, which can be exchanged for $GFOX tokens. This setup ensures that skilled players are consistently rewarded to give them motivation.
NFTs play a crucial role in the Web3 runner game developed by the team. These NFTs come with unique features that can enhance your performance in the game. Each NFT has distinct strengths to give you more power in the gameplay. By using $GFOX tokens, players can purchase boosters to increase their speed, strength, agility, and power in the exciting game.
Galaxy Fox’s upcoming NFT release will see 3,000 unique NFTs available for minting. These NFTs will be tradable on platforms like OpenSea. Galaxy Fox marketplace will enable users to buy, sell, and trade these digital assets. Staking is another important feature for long term holders to get back dividend rewards for holding the tokens. With each transaction, 2% of the total value is added back to the Galaxy Fox Stargate. It is basically the central hub for distributing all the rewards.
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Conclusion
The growth to 10 million users shows the trust and interest in decentralized technologies. It’s also a call to action for developers and businesses. With a larger user base, there’s more incentive to create innovative solutions that can leverage the power of Web3. The launch of the Galaxy Fox Web3 runner game has been an exciting development for players to enjoy the game and also earn real money. With the Web3 user base now over 10 million strong, it’s the best time to add $GFOX tokens to your portfolio and get handsome returns in the future.
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