What is Gacha Galaxy (GG)?

In recent years, the collectible card market has no longer been just the exclusive domain of enthusiasts, but has become one of the alternative asset classes that attracts investors 'attention. However, price differences between different trading platforms, different rating status of cards, and limited access to reliable price data pose significant challenges for users trading in this market. Gacha Galaxy (GG) was developed to solve this problem, a decentralized data platform and price oracle focused on collectible cards. Gacha Galaxy is built on a Base network, collecting real-time price data from different collectible card trading markets and integrating it under the same system. The platform aims to provide verifiable market data to collectors, investors and institutional users through its pricing model that takes into account rating criteria, real-time oracle infrastructure, and predictive signals.

So, what is the Gacha Galaxy (GG)? How does it work? What is the purpose of GG tokens? Here is what you need to know about the project.

What does Gacha Galaxy (GG) offer?

Gacha Galaxy (GG) is an unmanaged data platform and price oracle that does not provide managed services developed for the collectible card market. The platform regularly tracks card prices listed in different trading markets, standardizes this data, and aims to build a more transparent pricing model by considering rating information. Gacha Galaxy's main goals are to support reliable price discovery in the collectible card market and ensure users have access to verifiable market data. To this end, it aims to create a comprehensive data layer for collectible cards through real-time price predictors, predictive signals, and infrastructure that operates transparently on the chain.

How does the Gacha Galaxy (GG) work?

The platform regularly collects data from different collectible card trading markets to build its price oracle. Real-time prices, rating information and market data are integrated under one system, and the entire process is based on a verifiable data structure. This makes it easier for users to track price changes on different platforms.

Real-time Price Oracle

One of the most important components of Gacha Galaxy is its real-time price oracle system. The platform updates price data it gets from the markets it tracks every 20 minutes. Not only that, it not only provides raw price data, but also attempts to calculate the market value of the card by considering rating criteria. Through this system, users can track price changes in the market in a more timely manner.

What is a mispricing scanner?

One of the eye-catching tools provided by the platform is the mispricing scanner. This feature is designed to identify cards in the markets it tracks that are believed to be trading for less than their true market value. Data is updated in real time, and cards are sorted based on price differences. This makes it easier for users to review products that are believed to have been mispriced by the market.

How does prediction signals work?

Gacha Galaxy not only provides price data, but also generates prediction signals. Users can view prediction signals for specific cards. For example, a signal can be generated as to whether the price of a card at a particular rating level will exceed a particular price level before a particular date. The platform uses real-time oracle data when generating these signals. As prices change, signals will update accordingly. When the cycle ends, the results will be automatically settled using verifiable market data. The purpose of this is to avoid human interference or controversy.

Gacha Galaxy (GG) Data Infrastructure

The platform's price oracle is built entirely on verifiable market data.

Data updated every 20 minutes
Gacha Galaxy updates real-time price data obtained from Collector Crypt, eBay, Courtyard, Phygitals, Beezie, Renaiss and Dyli platforms every 20 minutes. In this way, the latest market data can be used without manually entering data.

Rate-centered pricing
In favorites, rating levels have a significant impact on price. Therefore, the platform independently tracks different rating levels, such as PSA 9, PSA 10, Raw, CGC, etc., and generates separate price data for each level.

Transparent settlement mechanism
Forecast market results are determined entirely based on verifiable oracle data. According to the platform, no human adjustments or subjective assessments are used during the settlement process. All results are based on an auditable data set.

What is the purpose of Gacha Galaxy (GG) token?

GG is a native utility token for the Gacha Galaxy ecosystem. It is used to access various functions within the platform, participate in governance processes, and contribute to the development of the oracle system.

Access oracle functions
GG token holders can access advanced platform functions such as error pricing scanners, hourly data viewing, rate-centered oracle signals, etc.

GG Points System
Users who make positive contributions on the platform can reach a higher level in the points system called GG Points. GG points do not have any monetary value and cannot be transferred to other users.

Gacha Galaxy (GG) Governance

GG token holders can contribute to the development process of the platform. Within the scope of governance, users can vote on the following matters: launch of new cards, weight of market data, calibration of oracle signals, etc.

Gacha Galaxy (GG) Token Economics

Total Supply
Billion GG

Token allocation
Foundations 30%
Other 33%
Market makers 15%
Liquidity expansion 12%
Team 10%
Public offer 0.50%(5 million GG)

From the perspective of token allocation, the largest share is allocated to the "Other" category. In addition, specific proportions are allocated to foundations, market makers, liquidity development efforts and teams.

Gacha Galaxy (GG) Investors

Gacha Galaxy is supported by investment funds, blockchain companies and organizations in the game ecosystem operating in different sectors. The investors announced in the project include institutions operating in the Web3 and digital asset ecosystem. The investors announced by the platform are as follows:

BORA (Bora Ecosystem Fund)
Binance & Tokocrypto
Kakao Games
OV (Outlier Ventures)
MetaLabs Ventures (M)
MetaLabs Ventures
Marshland Digital Assets
BlocTech Investment Group (BIG)

Official Link

Website
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