Galaxa

Uberising cloud storage and compute resources
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Smart cloud services

Galaxa is the first blockchain-enabled, enterprise-class, Anything-as-a-Service (XaaS) distributed storage and compute marketplace.

The next generation of smart contracts

  • January 2009
    bitCoin bloCkChain
  • July 2015
    ethereuM sMart ContraCts
  • 2020
    GaLaxa Smart Services
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.

How it works

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FOR ENTERPRISE CUSTOMERS

Current

  • Enterprises face exponential growth in storage and compute requirements
  • They increasingly look to public cloud but are wary of becoming locked-in to specific cloud service providers
  • Enterprise customers must address security, availability and regulatory compliance
  • Negotiating and managing services from multiple Cloud Service Providers (“CSPs”) is complex, costly and time consuming

With GALAXA

  • Customers can leverage multiple and disparate cloud providers on one common marketplace
  • Cloud vendor lock-in avoided
  • Access is provided to authenticated and validated enterprise-grade services backed by strong governance and security.
FOR DEVELOPERS

Current

  • Require affordable infrastructure on which to develop services
  • Face steep fees for listing in existing public cloud vendor-specific marketplaces

With GALAXA

  • Deploy new services using a simplified framework provided on a far-reaching, highly competitive marketplace.
  • Can list their services on the marketplace differentiated by features and quality of service and priced as they see fit.
  • Pay only low marketplace services transaction fees while avoiding hefty fees on their revenues.
FOR PROVIDERS

Current

  • Service providers and enterprises must plan in advance for years of growth in capacity
  • They often buy excess storage and compute capacity to satisfy expected growth
  • They lack common, open marketplace on which to sell excess capacity

With GALAXA

  • Providers can sell infrastructure services on a common, open market
  • Providers can differentiate based on unique qualities and capabilities of their services (geo-location, certifications, etc.)
Galaxa takes advantage of Smart Services to bring together services providers, application and services developers and enterprise customers.

SECURITY TOKEN

GAAX is the Security Token of Galaxa; a storage and compute infrastructure 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.

Galaxa has two sources of distributions for token owners

  • First, are marketplace fees charged to all vendors in the system. We estimate the fees to be 11% on all transactions. Up to 70% of these fees will be paid to GAAX token owners, with 20% paid to Galaxa for ongoing marketplace maintenance and development and the remaining 10% going to system Moderators.
  • Second, is the regular issuance of annual inflationary tokens, fixed at 2%. These new tokens will fund the Advisory Board, Moderators and new marketplace development projects. Up to 30% of these new tokens will go to GAAX owners.

GAAX security token is the main means of earning for investors

The total number of tokens at launch is fixed. Subsequent annual inflationary tokens and replacements for lost tokens along with marketplace fees will be used to drive the marketplace, paying out to token holders, marketplace advisors, moderators an all other operations costs.

transparency

We believe that trust is paramount and that investors in GAAX tokens, as regulated securities, will benefit from fair and transparent trading practices, as well as efficient and stable markets for these securities.
  • GAAX tokens are securities
  • Compliance with Continuous Disclosure Obligations
  • Efficient and stable markets for the securities.
  • Fair and transparent trading practices

What makes Galaxa trustworthy

  • powered by public company Leonovus Inc.

    Galaxa and its base services are built on years of product development by Leonovus. This extensive research and its corresponding intellectual property give Galaxa unfair technological and time-to-market advantages in the creation of its enterprise-class services marketplace.

    Parties interested in Galaxa also benefit from the fact that Leonovus Inc. (LTV) is a public company, specifically a reporting issuer on the public Toronto Stock Exchange Venture Exchange (TSXV). In this role as a public company, Leonovus is required to provide quarterly reporting on the state of its business. On an annual basis, the company must report its full financials audited by an independent third party. In addition to these regularly scheduled reports, the company is required to provide timely public notification of any and all material changes in the business. The Galaxa project due to its own material impact on the company will be included and where relevant and material, will be explicitly identified, from a reporting detail perspective.

  • Strong governance
    All participants in the Galaxa marketplace expect a sound, robust and secure financial transactional system; therefore an independent Advisory Board will be created to aid in the governance and oversight required by the enterprise participants.
  • Galaxa is a regulated DSL

    Historically, Initial Coin Offerings (ICOs) have been very high risk investments. With its unregulated crowd-sourcing financial model, “Caveat Emptor,” meaning, “buyer beware,” was the important rule when participating in an ICO. As a Security Token Offering (STO), Galaxa embraces the protections and oversight provided by securities regulators for its investors and for marketplace participants.

    In addition to the benefits of the distributions from revenue, holders of GAAX security tokens gain visibility into how Galaxa as a project and as a marketplace is performing overall. Leonovus Inc. (LTV) is a reporting issuer on the public Toronto Stock Exchange Venture Exchange (TSXV). In this role, Leonovus is required to provide full reporting on the state of its business, particularly with respect to all of its issued securities, including GAAX. From investment, through the marketplace launch, and beyond into full operations, Galaxa and its STO for GAAX will have complete transparency and visibility for any interested parties.

  • Addressable market
    Today enterprises find themselves 'locked in' to behemoth cloud storage and compute providers, at the mercy of their roadmaps and business practices. The Galaxa marketplace frees the enterprise to more easily choose and transition between providers. Competitive storage and compute providers are able to sell their available resources to satisfy the over-30% CAGR user demand for their services.
  • Proven technology
    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 eight issued patents with more than 300 total claims.

ROADMAP

The project is divided into several stages starting with financing in the form of two to three private placements followed by a public offering, all at the discretion of Leonovus.
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Team

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Michael Gaffney
CEO and Chairman
Michael Gaffney
Michael Gaffney
CEO and Chairman

Michael is a serial entrepeneur, with over 30 years of experience with technology companies - semiconductors, telecommunications, eLearning, mobile technology, data storage, security software and blockchain technologies.

Currently, he is the Executive Chairman of Intouch Insight Inc. and the Chairman and CEO of Leonovus Inc. and co-founder of the Galaxa project.

Previously, he founded the following companies; Worknet Inc., Learnsoft Inc., Lansbridge University, Kleer Semiconductor and Soltoro Inc. and was an executive at Newbridge Networks Ltd.

Michael has a BSc. from the University of Ottawa and an M.B.A. from the John Molson School of Business. Community work includes the past Chairman of the Queensway Carleton Hospital and Canadian National Olympic Diving coach.

About us

WIth a team of experts in blockchain and software defined storage and compute solutions, we work every day to bring the future closer - so enterprises can realize the benefits sooner. Galaxa's parent Leonovus, holds a growing number of patents (more than 40 issued and in-process to date) and is led by a seasoned leadership team that includes a Chief Technology Officer with more than three and a half decades in distributed computing and IT.
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    Michael Gaffney
    CEO and Chairman
    Michael Gaffney
    Michael Gaffney
    CEO and Chairman

    Michael is a serial entrepreneur, with over 30 years of experience with technology companies - semiconductors, telecommunications, eLearning, mobile technology, data storage, security software and blockchain technologies.

    Currently, he is the Executive Chairman of Intouch Insight Inc. and the Chairman and CEO of Leonovus Inc. and co-founder of the Galaxa project.

    Previously, he founded the following companies; Worknet Inc., Learnsoft Inc., Lansbridge University, Kleer Semiconductor and Soltoro Inc. and was an executive at Newbridge Networks Ltd.

    Michael has a BSc. from the University of Ottawa and an M.B.A. from the John Molson School of Business. Community work includes the past Chairman of the Queensway Carleton Hospital and Canadian National Olympic Diving coach.

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    Daniel Willis
    Chief Technology Officer
    Daniel Willis
    Daniel Willis
    Chief Technology Officer

    Daniel is the Chief Technology Officer, Co-founder and Vice President of Leonovus Inc. and has been the Chief Architect Software Engineering at Leonovus Inc. since October 29, 2010.

    Dan founded Adscape Media, the pioneer of dynamic in-game advertising, where he served as CEO and Chief Technical Officer. Adscape became a multinational corporation, breaking down traditional advertising paradigms by integrating new advertising models into rich, interactive media such as video games and video services. Google purchased Adscape in 2007.

    Prior to Adscape, Willis spent over 15 years at Bell Northern Research and Northern Telecom, Dan has over 60 patent applications to his name across Nortel, Adscape, Google and Leonovus. Dan holds a B.Sc. Computer Science from Queen's University at Kingston.

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    Sean O’Hagan
    VP, Engineering
    Sean O’Hagan
    Sean O’Hagan
    VP, Engineering

    As Vice President, Engineering, Sean is responsible for product development and support across the Leonovus portfolio. Prior to joining Leonovus, Sean spent over twenty years developing software and solutions for the aerospace, telecommunications and enterprise software industries. As a developer, architect and manager at Nortel, Sean spent twelve years creating and delivering carrier-grade software and solutions in the wireless, video and enterprise application spaces.

    Previously at Leonovus from 2010 until 2015, he led the development of Leonovus’ original product suite of cloud storage, compute and IoT technologies. Sean rejoined Leonovus in October 2017 to lead the expanding Engineering team. In between, he served as Director, Solution Architecture under the Professional Services division at Espial.

    Sean holds a Bachelor of Engineering Science and a Bachelor of Science (Computer Science) from the University of Western Ontario.

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    Tim Bramble
    VP, Product Management
    Tim Bramble
    Tim Bramble
    VP, Product Management

    Tim has more than twenty years’ experience developing enterprise solutions addressing software-defined storage, cloud security, data encryption, identity and access management, email security and web fraud detection. He is well acquainted with current information security threats and the challenges governments and enterprises face in defending against them.

    Tim joined Leonovus in May 2018. Prior to this, Tim oversaw security aspects of Dell EMC’s hybrid cloud offerings, led product management at CloudLink Technologies and managed the development of a number of security solutions at Entrust.

    Tim holds a Bachelor of Applied Science degree in Computer Engineering from the University of Waterloo.

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    Chris Fenwick
    Chief Architect
    Chris Fenwick
    Chris Fenwick
    Chief Architect

    Chris has been creating software professionally for more than 20 years. He specializes in software development process improvement, quality, and continuous delivery. Worked in Java, PL/SQL, Groovy, Gradle, TSQL, VB, Perl, and a few others. Chris has made it his mission to improve the efficiency and happiness of software teams and to deliver high quality products.

    Before joining Leonovus, Chris built software as a development lead and architect at the National Research Council of Canada, Census Canada & Saba Software.

    Chris has Bachelor of Science in Computer Science from Memorial University.

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    Christopher Benk
    CPA, CA, CBV,
    Chief Financial Officer
    Christopher Benk
    Christopher Benk
    CPA, CA, CBV, Chief Financial Officer

    Chris has been a blockchain enthusiast and crypto investor for several years. He is a senior executive with over 19 years of broad financial experience, having led, or played key roles, in many strategic initiatives, including: mergers and acquisitions, process and controls, system implementations, tax and treasury management, complex accounting matters and post-merger integrations.

    Prior to joining Leonovus, Chris worked at the corporate head offices of NAV Canada, New Millennium Iron Corp., Schering-Plough and Merck Canada, Domtar and CGI. He began his career with PwC in Montreal and Dubai. In addition to his professional career, Chris also taught at the undergraduate up to the MBA level at Concordia, McGill, and Ottawa, universities.

    Chris is a Canadian Chartered Professional Accountant (Chartered Accountant) and a Chartered Business Valuator. He has a Graduate Diploma in Chartered Accountancy and a Bachelor of Commerce from Concordia University, Montreal, Quebec, Canada.

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    Alyson Gaffney
    VP, Marketing and Partnerships
    Alyson Gaffney
    Alyson Gaffney
    VP, Marketing and Partnerships

    Alyson Gaffney a former Corporate Executive with Alcatel-Lucent and President’s Club sales award winner is a sales and marketing leader. Alyson has over 20 years experience working globally in the high tech arena successfully leading marketing, sales and strategic alliance teams to help grow revenue for Alcatel-Lucent, Newbridge Networks and Mitel.

    Alyson holds a Bachelor of Engineering Degree, Mechanical, from Carleton University, Marketing Certificate from Richard Ivey School of Business, University of Western Ontario and Executive Leadership Development High Potential program participant with Alcatel-Lucent University.

    In addition to her work, Alyson is also involved with a number of philanothropic causes: Founding member for Women For Mental Health, Royal Ottawa Hospital; Founder, Women in Data Science(WiDS), Ottawa, Board Member, Ottawa Safety Council.

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    James LaPalme
    SVP, Sales
    James LaPalme
    James LaPalme
    SVP, Sales

    James brings over twenty years of global software sales, channel management, business unit management, alliance management and business development experience in cyber security and cloud technologies to his role at Leonovus. James has held senior leadership roles at Nortel, CloudLink, WinMagic and Irdeto.

    James holds a BA from Carleton University, has completed Executive Programs at Schulich School of Business and advanced programs in the areas of Alliances, Sales Management and Negotiation.

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    Mike Bessuille
    Director, Product Development
    Mike Bessuille
    Mike Bessuille
    Director, Product Development

    Mike shares his passion for agile software development. He leads the blockchain engineering team at Leonovus, defining the company’s next-generation storage and compute solutions. He honed his development skills building image-processing tools at Corel, his leadership at startup Bitflash, and his agile development expertise at Adobe. Most recently Senior Director at Rogue Wave, he rebuilt the Klocwork static code analysis team.

    Mike believes that a high-performing team creates far more value than a collection of individuals. Mike loves urban adventure races and ultimate frisbee. He learns more from his two kids than he does from anyone else. Mike holds a BASc from the University of Waterloo.

2611 Queensview Drive, Suite 125, Ottawa, Ontario K2B 8K2