February 16, 2023, 3:51PM EST
• 5 min read

Galactica Network: Bringing Reputation On-chain

Quick Take

  • Galactica Network is an upcoming Layer 1 that aims to digitalize users’ reputations and put that on-chain.
  • Having a digitalized reputation enables applications to enforce certain criteria for users to meet before they can interact with it.
  • The concept of preferential treatment is useful when it comes to governing protocols or adjusting DeFi protocols for different risk classes of users.
  • While there are potentially numerous use cases, there are limitations that have yet to be addressed.

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