(LEOX) Galileo Protocol Review! Real World Asset Low-Cap Gem?

[Music] Street [Music] open welcome to underground crypto we are here with another review for you because that's what we do on this channel mostly we do some other things but the point of this channel is mostly to review coins when I put them out we're we're not endorsing these coins everybody that is something I really want to make clear these are not calls to buy I'm not a financial advisor all those things so today we're doing Gallo protocol um the ticker is Leo Leo X Leo X um we are here on their Twitter and they are this is straight from them establishing the future of luxury eCommerce with real world asset tokenization and web 3 our platform offers digital passports for every luxury item not sure what that exactly means like what's a passport for a luxury item but

hopefully after reviewing their website and things we'll know what the heck that actually means so we're going to go ahead and follow them again uh Crypton atore ground crypto crypto that's where you should follow me at um kind of bring all these different things that we review together into one place is the idea they have 19.3 th000 followers which I think is pretty good the pin post is from February 15th 95,000 um people that saw this 228 harded it it says they have an app that is coming out I mean that's should be soon I would think that it or it should be already out I would think so 5 hours ago they posted got almost a th000 um Impressions April 9th so that is yesterday 4,000 Impressions so they seem pretty active was this non-fungible conference curious to

know where that was wow they got that really blurry looks like it was somewhere maybe in a Spanish speaking country or maybe it's just blurry I don't know anyways let's hop over to coin geek our favorite place to take a look at some of these coins and you will see that this coin actually has 29 million now we've kind of Switched our narrative here uh recently in the last couple weeks from meme coins on coinbase which we're doing phenomenally well they've had some pullbacks so as the whole Market really so I mean it's not just meme coins on base that have had a pullback but um we've kind of Switched The Narrative over to real world asset that for a little while um you'll see us you know move with narratives that is very important AI is another great

narrative um that is doing well and is probably going to continue to do well in this bull cycle are we already in a bull cycle are we about to be in a bull cycle put that down in the comments I would like to know what everybody's opinion is on that maybe at the end I'll kind of give my opinion on it but I really would like to hear what the sentiment is from everybody else all right so the max Supply 150 million coins and we only have 66 million coins out um so where are all the rest of the coins only 200 or only 24 million to 24.4 million um in circulation so that does make us wonder and the trading you know 24-hour trading volume is only $225,000 really 226 but still um that really makes you wonder

is this project you know really catching steam are they just not really known about what is the deal so Mexi bitmar and Unis swap seem to be the only place you can get it it is a ethereum contract and I don't see any contracts for any other um blockchains so let's go ahead and go over to to their website which I had scrolled just down briefly haven't really looked at it too much so this says Gallo G Galileo sorry I've been saying it wrong I say most of these coins wrong you'll have to forgive me but not hard to find again the ticker is Leo X you see it right here where the prices it is a122 at the time of recording and Leo Leo X is the ticker it is 996 in you know the market cap you

know coins by market cap anyways so let's come over here to Galileo it says unlocking the future of luxury ownership with Galileo protocol blockchain and tokenization the new standard in luxury ownership book a demo what does that do what happens when we click this just gives us a contact frequently asked questions what sets Galileo protocol apart from other tokenization platforms I would really like to know that Galileo protocol is redefining the future of luxury assets tokenization by seamlessly integrating a multi-chain nft Marketplace compatible automated platform with unparalleled capabilities to mirror the life cycle of physical Assets in pnfs we are setting a new industry standard so what is a PNF that I'd like to know obviously I know what an nft is how does Galileo protocol ensure the security and authenticity of tokenized assets hopefully my uh reading ability

is going to cooperate today we use advanced blockchain technology to create secure immutable digital tokens as proof of authenticity our platform also under goes regular security audits to ensure robust protection against unauthorized access all right so they're trying to tell you know you're safe on here that's what they're really trying to tell you here how can a luxury brand benefit from using Galileo protocol Services I thought that was going to be a different question that was going to answer my question but not quite so by leveraging Galileo's protocols tokenization platform luxury Brands can not only streamline assets management and offer exclusive customer experiences but also unlock new revenue streams all of this comes with Assurance from Top tier security and operational efficiency so what are the key features of Galileo's protocol Marketplace our Marketplace offers seamless Asset Management userfriendly

interfaces a robust security measure all defined to Foster trust and facilitate transactions between luxury Brands and consumers and let's see what the last thing they had here what is the onboarding process for Brands interested in Galileo's protocols service to initiate the process click book a demo button located in the navigation bar and fill out the contact form our dedic ated team will swiftly get in touch to discuss tailored Solutions and next steps which is pretty much how we wound up on this page in the first place so in the world of luxury counterfeiting is a major concern all right can you guarantee the authenticity of the piece you've just purchased but there's a solution Galileo protocol we introduce pnfs digital twins that guarantee authenticity and ownership of real world assets pnfs can be transferred upgraded and edited but only

under the supervision of authorized individuals who can provide valid proof of authenticity the Galileo protocol lets you authenticate luxury items and manage pnfs effortlessly brands have the opportunity to register with us to launch an advanced PNF collection for both sold and unsold items this process involves providing all the necessary valid proofs to ensure the authenticity of their offerings as a product progresses through various stages in its life cycle our PNF has the ability to trace each step securely on the blockchain easily view the complete digital trial of transfers and metadata updates shown in the tracker tool which works with serial ID for each pmft experience the future of ownership with Galileo protocol join us today all right that was pretty cool I did not expect it to randomly start playing a video but I'm glad it did because it

really gave me a little bit better idea of the point of this um luxury asset tokenization so I think when it said luxury asset I was probably thinking of more like cars and real estate but it's really like an off an off you know authenticity if I can say that word properly so it's more of like an authenticity kind thing it could be for anything could be for jewelry Electronics anything that um maybe shoes I know shoes are heavily counterfeited and so basically protects you against counterfeit and the brand itself could get um involved with them and then I guess when they put out a new line of products or they put out any products then they could have these pnfs minted alongside the Manu Manufacturing of their product and when you bought the product you would get like

a PNF um if anybody's everever sold anything on Amazon or anything I can see how this is really useful because a lot of times you have to send your item to Amazon and they have to you know make sure it's the real deal before they send it to the buyer and sometimes they'll just reject things I've had them reject things just because they honestly don't know if it's authentic or not and when they don't know if it's authentic they just say no and they can't the order and they send the money back um and it's just a whole Spiel and you can't really convince them that it's real after that anyways that's my little rant there I could see how this would be useful in that application and of course many other applications to make sure what you're buying

is you know real and not a knockoff so they're partner with chain link I don't know who isn't coin gecko are are they partnered I guess they didn't call them Partners but a lot of times they act like coin Gecko and coin market cap are Partners when in reality they just list their coin cuz that's what they do all right Mexico global global it's late guys I'm tired you will have to forgive me here digital luxury evolved Innovative asset solution tokenize luxury ensuring authenticity and revolutionizing asset management through blockchain and AI so smart ownership is everything that we just said tokenize and authenticate luxury assets with Aid driven blockchain technology I don't know why um my my tongue does not want to say authenticate properly I apologize all right minimize paperwork and environmental impact through tokenization eco-friendly enhance security

protect your luxury asset with blockchain computer vision and AI algorithm so there's on the security side of things total interoperability easy easily integrate with existing nft marketplaces and blockchain networks so multi-chain enabled that's always I guess super important um because interoperability if you don't know is multiple different blockchains ability to communicate with each other that's what really ties all these separate ecosystems together into one big ginormous ecosystem makes them far more useful to people metaverse ready so bring physical assets into the virtual world with verifiable proof of authenticity so this is a really cool note that I didn't think about till now but we could stop for a second and talk about um if you've seen Google's new product I'm not sure exactly what their name is for it but it's like the Oculus but instead of a instead

of virtual reality it is augmented reality meaning instead of putting you know these glasses on and you can't see the real world and you just have this you know superimposed fake world metaverse you know augmented reality is when you see the real world but you're wearing glasses you're wearing goggles and they project extra layer of virtual things on top of the world so you might be like driving down the road with your your augmented glasses on and you can see Facebook notifications pop up stuff like that my point was there will be for sure the more that gets popular augmented reality versus virtual reality the more the augmented reality becomes popular you're going to see things like digital clothing for the wealthy or just being the hype like how you would look at somebody walking down the street and

look at them and say oh wow they have these shoes on I know those shoes are like $1,000 you know and it'll be like that except for the shoes might not stick out so much as the virtual reality augmented reality imposed over their shoes that pop out um because it is Blended with metaverse I hope that was explained well it's like a layer of digital reality imposed on top of regular reality but I could see how Brands would come in and use a product like this to have these pnfs then you have the pnfs you know added there maybe is some kind of chip or something in the shoe and then when people view you in real life with these augmented reality glasses which will probably be built by a company like Facebook or Google or something they will

see that nft pop up or they will see your shoes in a digital way so that's just something to throw out there I could see people going kind of crazy about that your type of people who are over the top for luxury and designer brands of any kind jewelry clothing anything anyways we'll move on the pathway to multi-chain compatibility boundless interoperability Galileo Pro protocol redefines interoperability by offering a multi-chain nft Marketplace compatible automated environment so multi-chain Mastery simplified nft Marketplace compatibility enhanced and automated excellence and robust flexibility then they have a little mock transferring to polygon from eth to polygon kind of thing here it says get started I don't know what that's going to do if I click it so maybe we'll come back to that website's put together pretty well um I will have to say that

blockchain Excellence for luxury brand solidify your Market Market leadership with our blockchain secured Marketplace offering unmatched security transactional transparency and streamlined Asset Management so that's kind of all the things that we've already read again secure and reliable we're not going to read that expand Revenue by tokenizing your assets on our Marketplace opening new income stream and bolstering your luxury brand Financial growth and it says userfriendly interface of course that's extremely important experience seamless Asset Management with our intuitive userfriendly interface designed for both novice and experts alike VIP platform so maybe just giving your customers um more incentive to buy your probably very overpriced items by giving them some feeling of a VIP environment in a web 3 digital manner Eng your clients like never before a platform Fosters ongoing Dynamic conversations between Brands and clients making every transaction or

every interaction more meaningful unique digital IDs for secure verified assets Dynamic ongoing customer brand conversations and effort effortless navigation meaningful user interaction redefining customer satisfaction and then of course they have a bunch of views I'm not going to read every single one of these but it does say engineered with the user in mind at every touch Point our platform continuously achieves exceptional satisfaction ratings we're not going to read all those reviews again you should know how to find this um if you really want to read all those different reviews so it says tokenize now get started they're really trying to get you to you know have a chat with them book a demo is where we were before I wanted to see if that was the same part of the websy counterfeiting oh no they're going to play the

video again can you guarantee the autic of the piece you've just purchased it's a goodlooking video though I like that definitely under made me understand what the point was a lot more um industry cases all right this stuff looks pretty cool automotive industry of course you buy a very expensive car you would like to have maybe a digital way of proof of ownership luxury watch industry I think they're just outlining some use cases jewelry industry of course um these actually look like they are yeah these are whole um articles written most likely they wrote them but um we we won't go into that too much I don't want to put you guys to sleep we're already coming up on 20 minutes here we do have a white paper I don't feel like we need to read the white paper

again I don't want to bore you to death with the ins and outs that's not usually what people really are speculating off of it's more narrative driven and everybody is kind of up in hype about real world assets um I think most people are referring to like owning pieces of you know real estate and stuff like that or artwork in a digital manner do you really want to own a piece of uh a vehicle somebody else actually has and drives probably not um so one thing with this whole project I mean I could see it doing really well I understand how well this would work with luxury Brands and I think that people who buy designer and luxury brands are the type of people who would care about having the ability to easily prove that their items are real

whether it's for resale or just clout either way I really think that those are the type of people who would actually care about this I think if you got a PNF or any kind of proof of ownership in nft from TJ Maxx on your T-shirt um nobody would care at all and so it really does have to have the proper application before people are really going to care about that at all all right all right let's go well we already went over their Twitter usually I do the Twitter last let's go to coin Gecko and check out a little bit of their chart here so the 24hour didn't look too horrible you've come down a tiny bit looks like it's recovering a good bit you're playing around in a matter of a couple of cents no big deal 7

day looks like straight Chop Chop just means up and down um Within a small range or a range and then the one month looks pretty interesting you went from like 60 you know you bottomed out here around 58 and have run up to a191 you're on a bit of a pullback I really do wish that coin gecko would change the percentage of the coin being up or down based off of the chart that you're on because I'd like to be able to just easily see what one month is I use um tring view a lot for my charts I don't rely on these charts and for whatever reason when I pull it up it does not screen record it so unfortunately when I I could pull it up for you but it wouldn't screen record it and then again

same kind of thing so I mean it has doubled up you know it has you know added an X there since what is this March 19th to March 29th that was a matter of like you know a short period of time and then we've fallen down and it kind of looks like a reset kind of looks like it's beginning to cup if you understand the cup and handle pattern looks like maybe it's starting to do that for the people who are privy to those kind of things and care about what I just said you know wanted to throw that in there and yeah that's pretty much everything there is to say here I don't want to beat any of these things too repetitively thanks for watching the review if you think real world at real World assets are going

to continue to be a narrative that takes off please throw some comments down there like share subscribe send this to people it's still a brand new YouTube channel we're at 93 subscribers would really love to hit that 100 subscribers by the end of the week um I don't know what we would do for it as far as celebrating but it would be a really good Milestone and I appreciate everybody who is involved with the channel let's make a community around just researching coins and reviewing them so that anytime you see a coin you can easily come find one of my reviews and you don't have to read the whole website yourself hopefully I can do a decent job of reading it for you some days I don't know anyways crypto Ron out have a great day