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Organisation

Galxe

2 placements on ChainChoice under Galxe, each scored against its own category's pool and criteria — none currently #1. The placements are not averaged and not ranked against each other: a #1 exchange and a #6 crypto card are two different products in two different markets.

Decentralised Identity
Galxe Passport
Rank#5 OverallScore59

#1 in this category: ENS (as identity layer)

View verdict
Incentive Distribution
Galxe Quest / Business+
Rank#6 OverallScore59

#1 in this category: Merkl (Angle Labs)

View verdict
Decentralised Identity
How you can lose money here, and what the ranking scores
  • Custody failure (Galxe Passport 5/10): whoever holds the assets loses or withholds them.
    Scored by Credential custody & revocation power · 30%
  • Regulatory failure (Galxe Passport 6/10): no licence where you are, or a forced market exit.
    Scored by Enforcement record & product continuity · 20%
  • Exit failure (Galxe Passport 5/10): you cannot get out at par, on time, or with what is yours.
    Scored by Verification without the vendor · 25%
  • Information failure (Galxe Passport 3/10): the number is wrong or bought, or your data leaks.
    Scored by Biometric & PII handling (documented) · 25%
Not assessed by this ranking: Liveness failure. A high place says nothing about these; the Methodology tab says what each means.
Incentive Distribution
How you can lose money here, and what the ranking scores
  • Contract failure (Galxe Quest / Business+ 7/10): the code holding the funds is exploited.
    Scored by What has already gone wrong on this machinery, and who is actually running it today? · 22%
  • Custody failure (Galxe Quest / Business+ 5/10): whoever holds the assets loses or withholds them.
    Scored by Who is holding my budget, who can still change the list, and what comes back to me? · 28%
  • Information failure: the number is wrong or bought, or your data leaks.
    Scored by If someone disputes their number, can anyone outside the vendor recompute it? · 30% (Galxe Quest / Business+ 2/10)
    Scored by What exactly stops a farm from eating this budget, and what happens when it flags the wrong person? · 20% (Galxe Quest / Business+ 6/10)
Not assessed by this ranking: Liveness failure, Exit failure. A high place says nothing about these; the Methodology tab says what each means.