According to Foresight News, Web3 credential data network Galxe has announced the gradual rollout of Galxe 2.0, which includes the Galxe mobile app, Smart Balance, Web3 Score, Telegram & Discord Bot v2, and Galxe ID updates. The Galxe app, which allows users to browse activities, search for project Spaces, and manage their Galxe ID Profile, will be available on Testflight in early Q4 2023.

Smart Balance enables users to deposit stablecoins and GAL tokens on the Galxe platform. The deposited tokens will be converted into points in the Galxe Smart Balance, which can be used to pay for Gas fees without the need for cross-chain token transfers between different chains. Galxe Smart Balance is set to launch publicly in late September 2023.

Galxe ID V2 will support social logins and multiple addresses and will be available on the website in late September 2023.