Galxe, one of the largest Web3 platforms for quests and loyalty programs, has announced the closure of its core services — Galxe Quest, Galxe ID, and Galxe Passport. The team and brand are moving to Gravity, its own layer-one blockchain, marking a fundamental shift in the project's strategy.

The platform operated for more than five years and became an infrastructural element of the crypto industry: projects launched quest campaigns and loyalty programs on it, while users received rewards for participation. Over this time, the service was used by 36 million people and more than 7,700 partner projects.

Details of the wind-down

The consolidation under the Gravity brand is intended to accelerate the development of the blockchain and its adoption. The team is carrying its accumulated experience and partner relationships into the new project. Projects can no longer create new campaigns. New Galxe+ and Galxe Score subscriptions are also unavailable, as is the issuance of Galxe Passport.

The closure will take place in two stages:

  • December 5 — the last day to participate in campaigns; after that, no active campaigns will remain;
  • December 15 — reward distribution will cease, and the entire site will switch to read-only mode.

The team urged users to claim all unclaimed rewards before December 15.

What will happen to assets and the G token

Gravity will continue to operate as usual. The transition does not change anything for the G token. At the time of preparing this material, the coin is trading 95% below its high of $0.07157, recorded in the summer of 2024.

The team assured that user funds are safe. This concerns three types of assets:

  • balances in Smart Savings;
  • staked G tokens that have not yet been withdrawn;
  • G tokens in wallets on the Gravity Alpha Mainnet network.

A separate claim procedure with its own schedule is provided for these. Galxe promised to publish details and instructions later in its official X account. Owners of such assets should closely monitor this announcement.

Cryptalist analysis: The transition from a quest platform to its own L1 reflects the broader consolidation trend in Web3 infrastructure, where retaining a user base requires a proprietary ecosystem. For the G token, the key risks remain the deep drawdown from its all-time high and the uncertainty of its utility function in the new model — the market will assess the actual load on Gravity after migration, not stated intentions.