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POPCORN! And $FILM: Fueling the World of Decentralized Film

POPCORN! And $FILM: Fueling the World of Decentralized Film

by | Feb 20, 2024 | Gala Film

In the realm of decentralized entertainment, Gala Film emerges as a revolutionary platform, empowering filmmakers and rewarding film enthusiasts with a unique tokenized ecosystem. At the heart of this ecosystem lies $FILM, the platform’s utility and reward token.

$FILM has not yet been created on GalaChain, but details of the current token rollout plan can be found in the Gala Film Litepaper, as well as briefly outlined in this blog.

What is POPCORN!?

For their early support of the Gala Film ecosystem, Screen Node operators have received rewards in the form of POPCORN! Buckets. These special units of POPCORN are essentially mint allowances for the creation of $FILM after that token is initially allocated. 

Initial Conversion of POPCORN! to $FILM

With the current plans for $FILM’s initial token creation event, holders of POPCORN! Buckets will receive $FILM at a ratio of 10 $FILM to 1 POPCORN!, with additional $FILM bonuses determined by the size of your POPCORN! Buckets.

Ongoing Conversion of POPCORN! to $FILM

Following the initial $FILM token creation, POPCORN! will still be issued as the initial reward for Screen Node operators and anyone else who has earned $FILM rewards through various platform interactions. This will act as a mint allowance that users can mint (converting into $FILM) when they choose, taking advantage of POPCORN! bonuses by minting larger amounts of $FILM at a time.

What is $FILM?

Now let’s explore the core utility token of Gala Film and its uses throughout the ecosystem.

$FILM is a forthcoming GalaChain minted token that will serve as the primary currency for transactions within the Gala Film ecosystem, enabling users to:

  • Support Film Projects: Users can contribute their $FILM to their favorite film projects, receiving rewards such as early access, exclusive behind-the-scenes content, and more.
  • Earn Rewards: Active users can earn $FILM through various types of platform interactions, including watching films, engaging with content, and participating in community activities.
  • Govern the Platform: $FILM holders will also play a crucial role in governing the Gala Film platform, voting on proposals that shape its future direction and pioneering in the democratized future of film.

Utilities for $FILM

Viewers, artists and collectors will earn $FILM rewards, then use them to dig even deeper into the Gala Film ecosystem, enriching the experiences, expanding the stories and bringing the decentralized world of film to life. Here are some of the initial utilities for $FILM:

  • Backing pitches for new films
  • Creating film pitches
  • Purchasing items on the platform
  • Purchasing Screen Nodes
  • Connecting with Creators
  • More to come

Ways to Earn $FILM Rewards

$FILM plays several roles in the Gala Film ecosystem, with each role focused on a different type of reward, encouraging a diverse economy that rewards all types of users while incentivizing user engagement. Rewards will be distributed daily for:

  • Node Operation: $FILM is earned by individuals running Screen Nodes, which provide decentralized storage and computing power for the platform.
  • Content Distribution: $FILM is used to reward users for sharing and promoting content, expanding the platform’s reach and attracting new users.
  • Content Incentivization: Filmmakers and content creators are rewarded with $FILM based on the viewership and engagement of their content.
  • Ecosystem Supporting Behaviors: What’s good for the platform is good for everyone, so engagement that supports the health of Gala Films will be rewarded.

$FILM and POPCORN! stand as cornerstones of the Gala Film ecosystem, fueling its decentralized operations, incentivizing user engagement, and rewarding those who contribute to its success. , $FILM is poised to play a significant role in shaping the future of film entertainment through the Gala Film ecosystem.

Coming attractions will soon come to a close, and it’s almost time for our feature presentation! Get ready to reshape the world of film through the power of GalaChain.

Learn more about Gala Film in the Litepaper

Louis King | Famous in the Metaverse

Louis King | Famous in the Metaverse

by | Feb 20, 2024 | Gala Music

Louis King is making major noise with his triumphant return to the Gala Music ecosystem. This time, he’s bringing a list of major heavy hitters from the hip hop world.

Famous in the Metaverse

This 10-track Gala Music exclusive album is jam packed with all stars. The list below should speak for itself.

  • DMX
  • Snoop Dogg
  • Wiz Khalifa
  • CURREN$Y
  • Pusha T
  • Benny the Butcher
  • Ab-Soul
  • Big Krit
  • Royce Da 5’9
  • Conway The Machine

Boasting a combined 105M+ monthly listeners on Spotify and 120M+ Instagram followers, this roster of featured artists is nothing short of legendary for a web3 exclusive album drop.

Each track on “Famous in the Metaverse” is a testament to Louis King’s prowess and adaptability, blending unique styles seamlessly with the futuristic beats that characterize the album.  Rap and Hip Hop artists have historically been the pioneers that have pushed the music industry forward and this album is doing just the same. This iconic album serves as a beacon, guiding the way for future generations of artists to embrace the limitless possibilities that technology and artistry can achieve together.

Drop Details

Check the Drops

With hip hop stars like these on the featured list, we couldn’t resist spreading out the excitement a little. Let’s give each new weekly exclusive track pair the attention it deserves and invite the followers of hip hop megastars to empower themselves for the first time with web3 track ownership on Gala Music.

Individual tracks hit the store in limited supply (Only 100 of each Signature Edition track) at a price of $200 each. Keep in mind that these tracks are reward enabled—When paired with a Jukebox Node, owners receive $MUSIC rewards based on the number of listens. With nowhere else to hear them, you better believe these tracks will get some serious listening action from Gala Music OGs and newcomers alike.

What’s Already Dropped?

February 6 – 1pm PT

Stand Out (feat. Conway the Machine & Monia Ashibi)

Signature Edition Sold Out

Next drop: Pioneer Edition (300 Supply)

“Stand Out” is a smooth yet high flying shoot out of a Hip Hop introduction featuring Griselda Records’ own Conway the Machine & Gala Music’s Monia Ashibi. “Stand Out” transcends genres, taking elements of hardcore Hip Hop, conscious rap, and contemporary R&B. The chorus, beautifully sung by Monia, serves as a melodic interlude that adds a touch of vulnerability to the track. Her soulful voice carries a sense of longing and hope, providing a contrast to the explosive verses of Conway and King. The soothing vocals act as a musical bridge, connecting the diverse elements of the song into a cohesive and emotionally charged experience.

4Eva in LA (feat Big K.R.I.T)

Signature Edition Sold Out

Next drop: Pioneer Edition (300 Supply)

“4Eva in LA” is a monumental collaboration between two rap titans, Big K.R.I.T. and Louis King, paying homage to their shared experiences and celebrating their rise in the rap game. The beat kicks off with a soulful, bouncy southern-inspired melody, layered with deep bass lines and smooth percussion, creating a hypnotic backdrop that captures the essence of their Mississippi and California origins. As the track unfolds, the production mixes classic Southern vibes with West Coast, along with innovative elements, setting the stage for the lyrical mastery to come.

February 11 – 1pm PT

Sweet Music (feat. Snoop Dogg and Hope)
Signature and Pioneer Editions Sold Out

Next drop: Limited Edition (1000 Supply)

Welcome to the sonic landscape of “Sweet Music”, a collaborative masterpiece that brings together the iconic Snoop Dogg, the poetic brilliance of Louis King, and the ethereal enchantment of Gala Music’s own Hope. This soulful rap symphony harmoniously blends West Coast Bounce with introspective lyricism creating a smooth and jazz-infused backdrop in an otherworldly atmosphere.

February 20 – 1pm PT

Answers (feat. Royce 5’9 & Alianna)
Signature Edition dropped

Two lyrical maestros bringing together the timeless essence of Nostalgic LoFi Hip-Hop with an infusion of radioactive lyricism and soulful vocals from Alianna. As the beat kicks in, a smooth, laid-back groove takes over, echoing the golden age of hip-hop with a modern twist. Royce da 5’9 and Louis King effortlessly ride the wave with their intricate wordplay and reflective storytelling. The chemistry between Royce’s gritty, seasoned flow and King’s introspective cadence creates a dynamic interplay, elevating the track to new heights.

Best Life (feat. Benny the Butcher & Leven Kali)
Signature Edition dropped

Benny the Butcher & Louis King ignite the metaverse with this interstellar street anthem dressed with creamy vocals from the talented Leven Kali. A poignant reflection of the struggles and triumphs of life in the streets, blending Benny’s raw street narrative with King’s introspective storytelling. The track explores the complexities of life, offering listeners an experience that is both profound and exhilarating. “Best Life” is a testament to the power of collaboration, as three of the industry’s most innovative artists come together to create an ambient treasure.

What’s Up Next?

February 27 – 1pm PT

Dorothy (feat. Pusha T & Courtney Mimz)

Anybody (feat. Ab-Soul)

March 5 – 1pm PT

Spotlight (feat. Curren$y)

Make it Pay (feat. Wiz Khalifa)

March 8 – 1pm PT

Anthem 4 the Underdawgz (feat. DMX)

Q&A with Louis King

Why was this project created? 

Famous in the Metaverse breaks through the boundaries of traditional projects and sets the tone for a world where artists are given the opportunity to take back control of their ownership, where artists are judged for who they are and what they are bringing to the world instead of how much clout they have on social media.

Why did you choose these featured artists? 

Each specific artist was chosen based on a connection I have to the artist or their music. Something in each of these artists speaks to me and the message I wanted to send in Famous in the Metaverse. Also these legendary artists were bold enough to take a chance on an independent artist, prioritizing my music, lyrics and who I am as an artist over the fame (or lack thereof). 

What was it like working with these collaborators? 

Ab-Soul and Krit were the first to jump on the project. Soul doesn’t do many features in general so that was very special! Krit said he wasn’t doing any features because he was focused on his album but said once he heard the song he couldn’t help but write a verse. 

Snoop has always been a great support in my career and he was a dream to work with on this project. I will always value kindness over fame. A coach of mine used to say “it’s nice to be important but it’s more important to be nice,” and Snoop is an excellent example of that. 

How has it been working with Gala?

Working with Gala Music has changed the way I think about music, art and entrepreneurship. Gala helped me to shape my vision and execute it every step of the way and I’m so grateful for the opportunity to work with such a fantastic, innovative and hardworking team.

Louis King on Gala Music