Galxe, a leading platform for building Web3 communities, has announced its partnership with the Stacks Foundation to integrate Stacks into its ecosystem. With over 12 million unique users and a track record of success with crypto-native reward programs, Galxe aims to expand its offerings by introducing the Bitcoin ecosystem to its community.
This integration marks a significant milestone as it opens doors for users to explore decentralized applications (dapps) from the Bitcoin ecosystem, offering exciting opportunities for builders and users alike.
Unlocking New Possibilities for Builders and Users
The partnership between Galxe and the Stacks Foundation brings forth the first-ever Bitcoin Layer 2 (L2) campaign on Galxe, titled “Bitcoin Is More Than You Think.” This campaign is designed to guide new users into the Bitcoin ecosystem, showcasing its potential beyond being a store of value.
@GalxeQuest is now integrated with @Stacks.Connect to the Stacks network on https://t.co/90QEoVVv8E and activate the #Bitcoin economy. The leading Bitcoin L2 awaits. pic.twitter.com/WKH0UGV4el
— Galxe (@Galxe) April 11, 2024
Through a series of explorations and quests, users will earn badges minted as NFTs secured by Bitcoin, tracking their growth and journey within the ecosystem. Notably, renowned artist Nickole.btc has created the first badges, adding artistic value to the campaign.
This initiative not only targets newcomers but also invites seasoned Bitcoin and Stacks enthusiasts to participate in the journey. As users engage with the campaign, they not only expand their knowledge but also stand a chance to win rewards based on their quest completion. Moreover, Galxe serves as a powerful tool for dapp teams to introduce their projects to a broader audience, driving user adoption and retention.
With the integration of Stacks into Galxe, builders can now leverage the platform to create campaigns and offer rewards for on-chain activities, further enhancing user engagement and participation.
Empowering Builders with Galxe’s Integration
Galxe’s integration with Stacks offers builders an array of opportunities to showcase their dapps and attract new users. By leveraging Galxe’s platform, dapp teams can introduce their projects to a diverse audience and incentivize user participation through rewards and quests.
The “Bitcoin Is More Than You Think” campaign exemplifies this approach by providing users with a curated journey into the Bitcoin ecosystem, fostering exploration and learning.
Furthermore, Galxe serves as a retention tool for dapp teams, allowing users to earn rewards by holding assets, pooling tokens, or completing quests. While these reward schemes may sound enticing, users are advised to exercise caution and conduct due diligence before participating in any campaign.
As interest in Stacks grows, so does the risk of bad actors infiltrating the community. Therefore, it is essential for users to verify the legitimacy of campaigns and assess the potential consequences of their actions.