✨What is Galactica Network?
Last updated
Last updated
Galactica Network is a Layer 1 protocol that leverages zero-knowledge cryptography to achieve Sybil resistance, compliant privacy and infuse robust reputation primitives into DeFi and DAOs. Leveraging zkKYC and dynamic whitelisting, the protocol is designed to remain permissionless while providing regulatory compliance for every dApp, and privacy for every user. Galactica Network leverages a strong form of Sybil resistance to enable persistent account reputation, societal graphs (i.e. DeSoc), and ultimately power the design space of post DAOs also known as the Cypher State.
Galactica Network is a Layer 1 protocol that leverages zero-knowledge cryptography to achieve Sybil resistance, compliant privacy and infuse robust reputation primitives into DeFi and DAOs. Its primary goal is to enable compliance and privacy to coexist at the protocol level. Our vision is a permissionless privacy focused platform with a flexible regtech stack for regulatory compliance. A platform like this is capable of enabling TradFi financial instruments and liquidity to seamlessly flow through web3 DeFi and DAOs.
Leveraging zkKYC and dynamic whitelisting, the protocol is designed to remain permissionless while providing regulatory compliance for every dApp, and privacy for every user. The compliant privacy narrative is destined to remain at the forefront of regulatory agenda for the years to come and we see Galactica Network’s regtech stack as the golden middle between the wild west unregulated web3 and dystopian implementations of CBDCs. Major breakthroughs in the zero-knowledge tech stack of recent years enable privacy and scalability primitives capable of bringing web3 platforms to new frontiers in terms of sovereignty, compliance and user experience rendering CeFi paradigm obsolete. Galactica Network is designed to leverage these technologies and trends to arrive at a regulated permissionless and decentralized version of web3 with vastly more sophisticated social, economic and financial institutions.
Galactica Network leverages a strong form of Sybil resistance to enable persistent account reputation, societal graphs (i.e. DeSoc), and ultimately power the design space of post DAOs also known as the Cypher State. Modeling financial, monetary and general form economic institutions on-chain has proven to be a more trivial task than modeling social institutions. If modeled, social institutions (i.e. societal substrate) pave the way to on-chain reputation, unlimited design space for organizations and social networks, unveil new dimensions of DeFi and, ultimately, lead us towards holistic frameworks for building Network States (also known as Cypher States or post DAOs) - fully fledged on-chain Nations.