⚠️The information summarized below have been summarized with the help of AI. They are not exhaustive, may contain errors, and do not constitute an investment advice. Always refer to the official sources and do your own research.⚠️

Exciting Updates and Announcements

The latest town hall session brought numerous updates about upcoming projects, events, and strategic initiatives from Galactica. The focal point was the announcement of the highly anticipated Alliance Tournament, a community-driven event designed to build alliances, foster engagement, and introduce newcomers to the Galactica protocol. Additional updates included prize pools, reward structures, and key information regarding the protocol's ongoing development, especially the utility of the Cypherbook and the node sale.

Introducing the Alliance Tournament

The Alliance Tournament aims to foster community connection and engagement by inviting various groups to participate, including current Galactica community members, new allies, and faction leaders from Cypher University. The tournament includes multiple phases, starting with a referral system, where community members can earn rewards by inviting high-quality participants interested in engaging with Galactica. Members complete quests on Zealy to gain points and prizes, designed to onboard and retain those genuinely interested in the platform.

Rewards and Referral Mechanics

The reward system for the tournament includes four major prize pools:

1. Community Referral Pool - A 50,000 GNet reward pool, increasing based on community engagement, designed to incentivize individual referrals.
2. Alliance Bounty Pool - A 10,000 GNet reward aimed at members who refer new projects to Galactica. When successful, these partnerships allow Galactica to expand its reach.
3. Faction Leader Pool - Leaders from various factions collaborate on business development and assist community members, earning rewards through the alliance’s partner onboarding success.
4. Alliance Rewards Pool - The largest pool, with a reward of 220,000 GNet distributed to alliance partners based on their community's level of engagement with Galactica.

Each prize pool is tailored to maximize engagement and provide opportunities for active participants to benefit.

Referral Quests and Galactica’s Expansion Strategy

To participate in referral quests, community members need to join the Zealy platform, complete initial tasks, and refer interested individuals to Galactica. Referrals become eligible for rewards once the referred members complete an introductory quest. This structured process ensures that new users are well-versed in Galactica, making it more likely they’ll engage actively.

The Cypherbook and Reputation Tracking

The Cypherbook plays a crucial role in tracking reputation within Galactica. It integrates off-chain actions from Zealy and on-chain achievements, reflected in the form of SBTs (Soul-Bound Tokens). Community members are encouraged to connect to the Cypherbook to monitor and gain recognition for their participation, while also working toward their "soul score." This reputation system enables participants to increase their standing and claim rewards.

Alliance Partnerships and the Role of Faction Leaders

Galactica's faction leaders collaborate with community members and engage in business development to establish new alliances. They help partners implement quests and support members by answering questions and facilitating the onboarding process. The ultimate goal is for these alliances to drive mutual benefit by helping new communities participate actively in Galactica’s ecosystem.

Upcoming Node Sale and Future Plans