Nova Research

# Galactica.com Node Sale on Fjord  
**Own a Part of the Identity Virtual Machine (IVM) 🌐**  

Galactica.com invites you to participate in the Node Sale on Fjord, offering a unique opportunity to own a share of the world’s first Identity Virtual Machine (IVM) with the best-ever Fully Diluted Valuation (FDV).

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## About Galactica  
Galactica.com is Web3's ultimate **FHE-powered Identity Layer**. Its protocol stack enables robust private reputation, compliant privacy, and data use cases from **Decentralized Society (DeSoc)** to **user-centric dApp design**.  

### Highlights:  
- **Co-founded by Swissborg.com**, Europe’s premier brokerage firm and crypto community.  
- Powered by **Fully Homomorphic Encryption (FHE)** and **Zero Knowledge Proofs (ZKP)** stack.  
- Developed for **Web2 and Web3 users alike**.  

### Core Vision:  
To build a meritocratic **DeSoc - Cypher State** governed by persistent verified identities known as **Protocol Citizens**.

![Galactica](https://i.postimg.cc/sggdsqy6/Image-1-Gal.png)  

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## Achievements to Date  
- 💻 **200k+ active testnet wallets**  
- 👁 **Production zkKYC integration** with a regulated financial institution  
- 🔗 **Only protocol supporting negative reputation use cases**  
- 🦊 **First WalletConnect Telegram integration**  
- 🚀 **2.5+ years of development**, over 1M lines of code  

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## Sale Details  
- **📅 Duration:** November 28th to December 8th  
- **💳 KYC Compliance:** Refunds provided to participants who fail KYC checks  
- **🔑 Node Distribution:** Licenses delivered in January 2025 (shortly after TGE)  
- **🔒 Transferability:** Node licenses are non-transferable for the first three months  

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## Tokenomics & Rewards  

![Tokenomics](https://i.postimg.cc/sDnH9Xdm/Image-2-Gal.png)  

- **Total Supply:** 1,000,000,000 GNET  
- **Token Allocated to Node Holders:** 300,680,000 GNET (30.68%)  
  - **Node Rewards:** 13.60% - 5% unlocked at TGE, 3-month cliff, linear vesting over 2 years  
  - **Merit-based Airdrop:** 6.00% - Allocated monthly for 3 years  
  - **Validation Rewards:** 11.08% - 63% of inflation distributed in the first 5 years, remainder over 36 years  

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## Partnerships & Backers  
- 👥 **Founding Partner:** SwissBorg  
- 👥 **Core Ecosystem Partners:** Triangle & Blum Labs  
- 🛡 **FHE Cryptography:** Zama.ai  
- 📈 **Reputation Graphs & Data Guardians:** TaskOn.xyz | Rey.xyz | Claimr.io  
- 📢 **Media:** CoinTelegraph  

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## Team  

### Leadership:  
- **Mike Sarvodaya, Co-Founder**  
  Experienced risk manager and analyst in hedge funds and digital assets since 2016. MSc in Financial Econometrics.  

- **Mark Berger, Co-Founder**  
  Serial entrepreneur and blockchain leader with over 20 years in investment banking. MSc in Digital Currency.  

- **Alexander Kalén, Chief Growth Officer**  
  Former Senior Growth Hacker at SwissBorg with over 15 years of experience in crypto and entrepreneurship.  

- **Mikhail Tikhonov, Chief Product Officer**  
  8+ years in product management, including leading roles at OCCAM.FI, VK Cloud Solutions, and RingCentral.  

![Team Advisors](https://i.postimg.cc/MTDm6Pz5/Image-3-Gal.png)  

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## Previous Rounds  

![Funding Rounds](https://i.postimg.cc/6qqn9Bj6/Image-4-Gal.png)  

Galactica successfully raised over **$7 million** through various funding rounds:  
- **SwissBorg Vaults:** $2.82M raised at valuations of $75M–$95M FDV.  
- **Family & Friends Vault:** $2.25M raised at $45M FDV.  
- **Private Investors:** $1.9M raised at valuations of $85M–$100M FDV.  

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## Why Purchase a Node?  
- **30.68% of GNET tokens** distributed to Node Holders  
- **Ecosystem Airdrops** from projects in the Galactica ecosystem  
- **Boosted Staking APY** on GNET  
- **Increased Governance Power** with weighted votes  

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## Summary  
- **80% Community Allocation:** Majority of token supply dedicated to the community  
- **Trusted Backers:** Supported by Blum Labs, SwissBorg, Zama.io, and more  
- **Early Access Benefits:** Attractive valuations and long-term rewards  

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## Learn More  
- [Galactica.com Node Sale](https://galactica.com/nodesale)  
- [What is the Identity Virtual Machine?](https://galactica.com/news/galactica-IVM)  
- [Galactica Nodes Distribution](https://docs.galactica.com/galactica-network-faq/3.-how-and-why-should-one-join/galactica-node-distribtuion-gnd-and-galactica-citizen-node-gcn)  
- [Revolutionizing Digital Identities on Telegram](https://galactica.com/news/Pioneering-Telegram-native-Private-Identities)  



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