A great news for the Web3 ecosystem, as Galxe is now partnering with Zircuit, an AI-based zk rollup built on innovative L2 infrastructure. This partnership can take blockchain to new heights of efficiency, scalability and liquidity and remove the barriers to decentralized technology. With Galxe’s influencer in Web3, the collaboration with Zircle’s turnkey L2 solutions will aim to establish new standards for the industry.
We proudly announce our latest chain integration with @ZircuitL2 🐈
Zircuit is an AI-powered zk rollup built on cutting-edge L2 technology. With a whopping $1.8 billion in TVL and a new liquidity hub program, we’re excited to welcome Zircuit as a partner leading innovation in… pic.twitter.com/aZqH54kbH4
— Galxe (@Galxe) October 28, 2024
AI meets Blockchain
As you may know, Galxe is already a multifunctional platform related to Web3 and focused on decentralized applications and digital identity services. It provides all the requirements for users and developers to safely and effectively create, operate and monetize digital assets. On this basis, the continuous integration of innovation into its operations and development ensures that Galxe strengthens its position in the blockchain industry, mainly through strategic collaborations.
At the same time, Zircuit is recognized for its highly technical zk-rollup technology that integrates artificial intelligence with Layer 2 scaling solutions. Zk rollups group various transactions that need to be executed off-chain and merge them to be executed in a separate layer first before synthesizing such acquired information back into ETH. This not only increases the number of transactions but also reduces costs, implying the effectiveness of blockchain. As an emerging player in the L2 space, Zircuit offers a pretty impressive TVL of $1.8 billion and a new liquidity hub.
Scale web3
Galxe and Zircuit are not only two companies that will collaborate in the field of technology integration, but two companies that have a lot in common when it comes to the development of the blockchain. Through the adoption of Zircuit AI-based zk-rollup solutions, Galxe plans to increase transaction speeds and capabilities and overall build a robust, user-centric Web3. Not only does this help Galxe’s growing community, but it also presents an actual use case of Zircuit’s L2 scalability solution that the company otherwise doesn’t have.
The partnership reveals the growing use of artificial intelligence in blockchain and the developments that support the creation of the Web3 ecosystem. However, with both as an integrated solution, the decentralized web of the future is quite close.