Galxe said the blockchain will employ Reth for its execution layer and use Jolteon (AptosBFT) as its consensus algorithm, which will provide near-instant transaction finality and high throughput.
Forbes Chief Growth Officer Taha Ahmed noted that the collaboration with Galxe reflects the duo’s “shared vision of pushing the boundaries of traditional loyalty programs”.
An analysis of the company’s statement indicated that the GAL token can perform and play multiple roles.