Hassan Maishera
HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Thursday that the Calaxy App has launched on its network. By leveraging Hedera, Calaxy seeks to provide creators with an end-to-end toolkit for selling a range of experiences and receiving an instant payout in USD or USDC.
Furthermore, every Calaxy user can quickly set up a non-custodial digital wallet through which they can send, receive, and store cryptocurrencies. Calaxy is a platform that makes crypto, NFTs, and 1:1 celebrity experiences accessible to everyone.
Hedera Hashgraph is distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.0573 at press time, down by 2% over the last 24 hours.
