Filling up on POPCORN! with Gala Film
The first two episodes of David Bianchi’s dystopian sci-fi thriller series, RZR, are officially live, only on Gala Film. Anyone with a Gala account can watch for free, and new episodes will drop each week!
Have Some POPCORN!
Owners of RZR Moment NFTs are eligible for daily rewards based on the platform views of the series. These ownership rewards are the core of Gala Film’s empowering approach to production and distribution of exclusive video content.
The Gala Film Litepaper outlining the ecosystem’s economy and current plans for distribution of rewards has been updated to reflect the latest developments. A new reward structure will soon be implemented in which units of POPCORN! are awarded directly to users, rather than in buckets. This will take effect after all outstanding POPCORN! Buckets have been distributed to operators of Theater Nodes from before the launch.
While RZR is the only series on the platform, the NFT owner portion of all available “content incentive” rewards will be distributed to RZR Moment owners. In the future when other pieces of content (other shows and films) are added, these rewards will be proportionally weighted to those programs that receive more views.
In the long term, these rewards will be issued as $FILM, directly to owners’ accounts. However, until the initial token generation event of $FILM (coming within the next couple months), rewards will be issued via the placeholder token, POPCORN!.
When $FILM is created and first issued, it will be distributed to holders of POPCORN!, converting all POPCORN! To $FILM at a set rate. The rate of automatic exchange for POPCORN is 1 POPCORN = 10 $FILM*.
*These are the subject-to-change numbers listed in the Gala Film Litepaper.
POPCORN! Buckets
Throughout the in-development stages of the Gala Film platform, POPCORN! has been used to reward operators of Gala Film’s Theater Nodes. POPCORN! Buckets of various sizes were also found in some Common Ground World Mystery Boxes, which are no longer for sale. Operators have received POPCORN! each day for which their Theater Nodes (formerly known as a “Gala Film Nodes”) were active for the minimum 6-hour requirement. Additionally, a bonus “streak” system (described below) was employed to ensure that extra POPCORN! rewards were given to those who operated their nodes for consecutive days.
Following the platform launch going forward, both NFT owners and Node operators will receive single units of POPCORN! instead of buckets. When this switch is made, the issuance of POPCORN! Buckets will be retired. Then when $FILM is first generated, all POPCORN! (whether single unit or Bucket) will be redeemable for $FILM.
Number of POPCORN! units in each bucket:
Welcome Bucket = 1 POPCORN!
Small Bucket = 10 POPCORN!
Medium Bucket = 25 POPCORN!
Large Bucket = 50 POPCORN!
Extra Large Bucket = 100 POPCORN!
Mega Bucket = 150 POPCORN!
These “Bucket” items will remain Buckets in your Collection until the $FILM token generation event, when all owners will have the option to exchange POPCORN! Buckets for $FILM, according to the values above + additional TBA streak bonuses.
POPCORN! That Never Goes Stale
Unlike your belly, your Gala account has room for all the POPCORN! you can gather. If you’re looking to start a new POPCORN! collection in anticipation of $FILM, this is your chance! Start collecting RZR Moments as soon as you can, and consider becoming a Theater Node operator to power the future of film!
Extra Action
There are plenty of ways to get rewards in addition to collecting Moments and running a Theater Node. Certain “Ecosystem Supporting Behaviors” will also allow you to collect POPCORN!, including some that are immediately available with the RZR premiere and platform launch!
