LEOX is a utility token within the Galileo Protocol ecosystem, a multichain peer-to-peer platform that lets brands, owners, and customers discover, browse, purchase, and create physical Non-Fungible Tokens (pNFTs) tied to real-world assets like real estate, luxury watches, and cars.
Galileo Protocol aims to combat counterfeiting, enhance liquidity, and enable cryptocurrency investment in physical assets. LEOX Token facilitates transactions, serves as a medium of exchange for platform services, and provides users with governance rights.
By offering genuine asset-backed pNFTs, Galileo Protocol ensures the authenticity of assets and makes them more accessible to a wider range of investors.