Smart Services eliminates the need for complex Smart Contract coding and logistics. Galaxa addresses the challenges faced by developers and enterprises that want to adopt and gain the benefit of cloud and blockchain technology in an effective, efficient and secure marketplace.
“OUR VISION IS TO “UBERIZE” CLOUD RESOURCES. BECOME THE BIGGEST CLOUD SERVICES AND DATA CENTRE IN THE WORLD WITHOUT OWNING ANY DATA CENTRES.”
MICHAEL GAFFNEY CEO
A GLOBAL ANYTHING-AS-A-SERVICE MARKETPLACE
GAAX. The security and utility token of GALAXA marketplace
GAAX is a medium of exchange for which both a Galaxa Provider and Customer perceive value. GAAX Is believed to be the first cryptographic token designed for the exchange of value between a corporate information technology buyer, an application service provider, and a storage/compute infrastructure supplier. The Provider receives GAAX from the Customer in trade for services provided.
GAAX is a security token because token holders will receive monthly distributions/dividends from the marketplace fees, which recognize the investment made by GAAX owners. Galaxa has two sources of distributions for token owners.
The inflation calculation is the annual inflation rate published quarterly by the United States Federal Reserve. Historically, the number is around 2%.
NOTE: The total number of tokens is fixed and 100% of marketplace fees and inflationary tokens will be paid to token holders, board, moderators and network improvement projects.
All participants in the Galaxa marketplace expect a sound, robust and secure financial transactional system; therefore an independent advisory and foundation board will be created to provide governance and oversight required by the enterprise participants.
Today enterprises find themselves ‘locked in’ to behemoth storage and compute providers, at the mercy of their roadmaps and business practices. The Galaxa marketplace is freeing the enterprise to more easily choose and transition between providers. Pricing is visible and competitive storage and compute players with available resources are able to sell their services to satisfy the over 30% CAGR demand by users.
Galaxa is based on proven enterprise-grade technology from Leonovus Inc. Leonovus has completed more than 10 years of product development, invested $28M, is engaged with 50+ customers and has seven issued patents with more than 300 total claims.