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The most effective strategy when you are in a team in Team mode is to combine your firepower and gang up on one opponent at a time with the goal of taking over their big planet.
Whenever you win you will earn Galcon coins which can then be used to buy cosmetic enhancements which includes changing the look of planets or ships
Don't advance out too quickly in Multiplayer mode, it is more beneficial to first make sure your largest planet is well protected to avoid it from being taken over.
You will be able to rank your flag up whenever you have won enough times. Basically, the more Experience you earn the better your flag will be.
To have any chance of surviving in Multiplayer mode you need to be extremely fast otherwise you will be taken over straight away.
Remember that once you start with your Galcon ID the only mode that you will have available to you is Multiplayer mode.
An effective strategy in single-player mode is to stock up your largest planet making the chances of it being taken over remote. Then when you have done this send your troops out to take over planets from biggest to smallest.