[GP37] Galxe Shop - Requesting Additional Reward Allocation (Jan 2025)

Moso, a platform incentivizing online shopping with crypto rewards, proposes a continuation of its collaboration with Galxe. This partnership aims to maintain Moso’s white-labeled version of Galxe Shop, enabling Galxe users to continue earning $G tokens at enhanced rates. Moso requests an allocation of $100,000 USD in G tokens from the Galxe DAO to amplify reward rates.

Motivation

Since the release of Galxe Shop 12 months ago, Moso has seen incredible success. Moso has driven $418,000+ in purchases, registered 100,000+ sign-ups, and driven $210,000+ in $G rewards back to users. This new proposal aims to continue supporting and furthering the Galxe and Gravity ecosystem.

Specification

Overview

With this proposal, Moso aims to maintain Galxe’s white-labeled shopping experience and multiply cash back rewards. The $100,000 USD in G tokens will serve as a reward multiplier to continue increasing platform engagement and onboarding new users to the Galxe ecosystem.

To further alignment, Moso will integrate Gravity Chain into Galxe Shop where users can begin to claim on-chain loyalty points on Gravity for their purchases. For every purchase made on Galxe Shop, a transaction will be recorded on Gravity.

Scope

• Continued maintenance of Galxe’s white-labeled Shop
• Maintain an exclusive reward rate structure for Galxe users.
• Implementation of promotional campaigns to highlight the increased reward rates.

Timeline/Budget

Integration of Gravity Chain: Development and integration are to be completed within one month following the passing of the proposal. Budget: $100,00 USD in G tokens for user rewards This budget will last for 18-24 months through various forms of reward multipliers.

Conclusion

The purpose of this new proposal and requested refill is for Galxe to continue establishing itself as the leader in the market of crypto rewards for online shopping. Moso aims to continue onboarding new users to Galxe’s ecosystem and distributing $G back to community members at the same rate we’ve seen during Moso’s first two grant allotments.

To reach a new milestone, Galxe’s Gravity Chain will be the first L1 integrated on Moso increasing Galxe’s presence on Moso. The new proposal will now see many on-chain transactions being recorded on Gravity, powering the growth of the Gravity ecosystem at a critical time.