The project has some ambitious plans, but is it all hype or real substance?
Aiming for the Galaxies
The buzz around PlayToEarn protocol Galaxy Heroes is spiraling upwards, following the GameFi protocol’s latest success story. Roughly two months after its galactic launch on September 30, the project successfully floated its own NFT marketplace on November 27.
Galaxy Heroes prides itself as the first cosmic-themed Superhero NFT project on Binance Smart Chain. The project aims to be BSC’s largest NFT marketplace, and has a lofty vision of sponsoring the world’s richest man Elon Musk’s Space Research program!
“The universe is a vast and often terrifying space, but have no fear, for the galactic heroes are here… It’s easy to see this project blasting its way to the forefront of the cryptoverse’s NFT realm, and conquering its place in the space as a top tier altcoin”, the platform grandly stated in a Medium post back on November 30, 2021.
In a December 10, 2021 blog post, the project stated that its marketplace has had a good start: 2,500 NFTs issued by the platform sold out within an hour. The team has also applied a couple of tweaks to the marketplace to improve the user experience.
Leading the Charge
The CEO of Galaxy Heroes is Brian Sumner. Brian, who is no stranger to crypto circles, once headed the marketing division of popular meme token, Baby Doge Coin. A fallout with the founder of BabyDoge however led to the duo parting ways. Brian is deploying the antics he learned while with BabyDoge to aggressively market his pet project. To date, the platform’s native token – Galaxy Heroes Coin (GHC), is listed on nearly 20 exchanges.
One of the most recent influencers who signed up to Galaxy Heroes is popular socialite Paris Hilton. According to a tweet on January 12, Hilton is set to be a new face for the project’s charity undertakings.
Galaxy Heroes strives to attract the attention of investors. Besides being hyped on social media by influencers, the project carries out several burns in quick succession. This seems to be a common strategy employed by projects with massive supplies. Rather than starting with a modest supply, such projects will begin with a bloated supply and announce burns in an apparent move to increase investors’ appeal.
Galaxy Heroes Coin at the time of writing has a market capitalization of about $38 million which makes it a nano-cap project. As is common with nano-cap projects, the value of Galaxy Heroes Coin could be prone to erratic price swings.
However, there could be room for growth in the value of the token if the project will carry through its ambitious roadmap as seen on its website.
Where to find Galaxy Heroes
Source : bsc.news
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