NOTE: The following information about the future release of $TREZ is intended for informational purposes only and should not be considered investment advice.
Driven by our new “tapper” genre of Telegram mini app web3 games, Gala is ready to unveil the economy plans for $TREZ, a token dedicated to ecosystem interaction and sharing.
Gala is creating one of the largest developer-friendly web3 ecosystems in the world, powered by the speed, scalability and security of GalaChain, Gala’s L1 blockchain built for entertainment and ready for anything.
Gala was launched in 2019 with a focus on ownership-enabled gaming. Gala Games quickly rose as a web3 leader in entertainment, launching Gala Music and Gala Film. In 2024, GalaChain’s doors were opened to external developers with the release of a powerful GalaChain Creator self-service portal and a public-facing SDK.
Witnessing the recent success of Telegram’s mini app ecosystem and its ability to integrate The Open Network (TON Blockchain) for seamless web3 functions, Gala began creating Telegram mini app games in Q3 2024 as a solution for enhanced web2 user acquisition across its ecosystem. By leveraging a mobile messaging platform used by nearly a billion users worldwide, it became simpler than ever to share the empowerment of web3 with the world. Today, Telegram mini apps represent the most high-powered onboarding tools web3 has ever seen.
What is $TREZ
$TREZ is the official token created by Gala Games to enrich and incentivize its growing ecosystem of Telegram mini app “tapper” style games. With the initial publication of this litepaper, these games include Treasure Tapper and Music Coin, but this list is expected to expand in the future.
With its upcoming token generation event (TGE), $TREZ will be a fungible token initially minted on GalaChain, TON Blockchain or a combination of the two.
$TREZ will have a max supply of 100 billion tokens.
The majority of $TREZ will be allocated for distribution to users.
Getting $TREZ
$TREZ will be accumulated by accomplishing goals and tasks in Gala’s Telegram mini app “tapper” games – currently limited to Treasure Tapper and Music Coin.
While the exact details of $TREZ accumulation within the games are still in flux, we are now prepared to share more information about not only the token’s distribution, but the initial list of criteria that will determine how much $TREZ will be received by each user with each distribution.
Part 1: Seasonal Rewards
$TREZ will be released into circulation on a seasonal basis, and season length will likely vary. For each Distribution Season, a variable (TBA) portion of the total $TREZ supply will be emitted to users.
Everything from the initial launch of Treasure Tapper to the $TREZ TGE will be considered part of Season 1. The end of each Distribution Season will be marked by a $TREZ distribution, with exact quantities per user determined using a point system based on the following criteria.
Seasonal Distribution Rewards
Here are some criteria by which seasonal $TREZ distribution per user is determined:
In-game Coins Collected
Rewards per Hour
Number of Direct Referrals
Number of Secondary Referrals
Creation of Gala Account
Number of Challenges played
Gala Store Spend
Missions Plus
Future seasons could bring the opportunity to purchase mission upgrades that will reward the upgraded player with more distribution points toward the upcoming Seasonal Distribution.
In-App Purchases
In later seasons, users may get opportunities to spend $TREZ for in-app or Gala ecosystem purchases. This type of purchase would be factored into the Seasonal Distribution.
Part 2: Daily Rewards
In addition to the Seasonal Distribution, players will have opportunities to collect daily distributions of $TREZ based on in-game tasks and challenges. Allocations of daily distributed $TREZ will typically be determined by leaderboard placement, encouraging daily competition and interaction with Gala’s $TREZ associated apps.
The majority of $TREZ distribution will be included in the Seasonal rewards.
Daily distribution leaderboards may include (but are not limited to):
In-game Coins accumulated
Daily tasks completed
Daily matches and rematches
Daily referrals
Daily play time (app open)
Powering the Future of Web3 Entertainment
As we prepare to introduce $TREZ into the Gala ecosystem, we’re setting the stage for a new wave of innovation and engagement. The tokenomics of $TREZ are designed to enhance the user experience within our ecosystem, particularly in our Telegram mini-app games.
By offering both seasonal and daily rewards, $TREZ not only incentivizes interaction but also fosters a more vibrant and active community. This litepaper is just the beginning, with more exciting developments on the horizon as we continue to expand the utility of $TREZ and integrate it further into the broader Gala ecosystem. Stay tuned for more updates, and get ready to tap into the future of web3 gaming with $TREZ!
Legal Notice: This litepaper is intended for informational purposes only and should not be considered investment advice. Additional information will be added to this document as it becomes available. All details are subject to change for any reason and without notice.
Humans have fought to make a future for themselves, overcoming many hardships and ordeals. Having made all kinds of sacrifices in order to survive, they have worked on developing various ways to better protect themselves and fight off threats.
Geomancers are those who borrow the power of nature to prevent disasters and ward evil. They have passed on their skills to their descendants and have made improvements over the generations, making a name for themselves as a tribe of guardians for the people. However, to make sure their great power is used responsibly, they follow a very strict code of conduct, and only a handful of people qualify to join their ranks.
Over time, these restrictions became obstacles to their development, and as other specializations started to prosper, people began to forget about the Geomancers. Miko is a powerful leader among the Geomancers who believes that keeping an isolated way of life will only lead to their extinction.
To show the whole world the Geomancers’ power, Miko decided to enter the war against chaos, preserving her family’s legacy and hope for the next generation of Geomancers!
Play Champions Arena
If you love RPG style strategic combat, you’ll love Champions Arena. Collect and work to craft the perfect team from well over a hundred unique Champions, each with their own personality, story and expertly crafted set of battle skills.
Collect weapons and wearables, leveling up your Champions through multiple modes of gameplay including PvE Campaign Mode and PvP Arena Mode, with chances to win $GALA rewards daily!
You can even mint your best characters as NFTs, then trade them outside the game on the secondary market!
The best part? You can play this game absolutely free on both mobile and desktop, whichever you prefer. The constant rewards and updates combined with intense strategic gameplay and extraordinary graphics make Champions Arena one Gala’s most exhilarating titles!
Miko’s surprisingly powerful Fan attack deals damage proportion to 135% of ATK to an enemy.
Attacking with a Card Match has an additional 75% chance of removing 1 buff from the target.
Level 2 – Storm Call
With her Level 2 attack, Miko shows the power of a Geomancer by calling a st4orm to deal damage equal to 70% of ATK to all enemies on the field.
With a Card match, this attack also inflicts ATK Down on targets for 2 turns. If she has 4 counts or more Purifying Power, she also inflicts Buff Block on them for 1 turn.
Level 3 – Lightning Call
With an ultimate raw show of natural force, Miko’s Level 3 attack deals 80% of ATK to all enemies on the field.
Performing a Lightning Call with a Card Match inflicts Damage Reduction on targets for 2 turns. If Miko has 4+ counts of Purifying Power, she’ll also increase the duration of all debuffs by 1.
Passive Ability – Wind Cycle
Miko automatically inflicts SPD Down on all enemies for 2 turns at the battle’s outset. At the beginning of her turn, Miko gains 1 stack of Purifying Power, consistently bypassing 10% of the target’s Resist for every stack of Purifying Power.
Add Miko to Your Collection
Miko is prepared to give you an incredible edge in battle, whether you’re taking on enemies in the Tower of Trial or going head to head in the Arena for real $GALA rewards.
Look for Miko when spending your Summoning Tickets at the Altar of Champions. Summoning Tickets can be purchased for Gems, available in the Champions Arena store.
Some of the largest Bitcoin mining operations in the world are amplifying their efforts, even in the face of some of the steepest mining cost increases they have ever seen. This is a clear sign of their expectations for the future of the world’s first and largest cryptocurrency.
Following the recently released Q2 financial report from Singapore-based cloud mining company BitFuFu, analysts are observing some fascinating patterns that paint a bullish picture of large scale BTC mining operations’ outlooks for the future of the industry.
Even with a substantial increase in per-BTC mining cost to $51,887 per Bitcoin (compared to $19,344 for Q2 2023), BiFuFu has reported a scale up of 60% from its previous year’s operation.
While the massive increases in mining costs have required BitFuFu to spend more money per BTC, the company has experienced revenue growth of almost 70% ($76.3 million in Q2 2023 to $129.4 million in Q2 2024)
Seasonal Optimism
With the sell waves of Mt. GoX payouts now fading toward the distant horizon and the dust of the 2024 Bitcoin halving settling, some crypto analysts are concluding that BTC is headed for another season of growth.
Matthew Sigel, head of digital assets research at VanEck shed some light on the BTC situation, highlighting the growing connections and opportunities between AI and BTC mining, and discussing the aftermath of “forced selling” and seasonal patterns.
“This is a typical seasonal pattern where Bitcoin tends to struggle in one to three months after the halving, which was in April. And pre-election, as the market comes to grips with whatever candidate wins, we’re in for four more years of reckless fiscal policy. The history is that Bitcoin really hits its stride at that point. So we’re buyers here. We think it recovers.”
In the short time since the platform’s launch, Gala Film has already released some incredibly exciting content that addresses some of the most relevant topics in the Web3 world.
David Bianchi’s gritty sci-fi series, RZR, explored the possibilities and pitfalls of neurally implanted computers in a dystopian world of surveillance and black market tech intrigue. RZR actress Mena Suvari even received a Primetime EMMY® nomination for her performance, marking a first for web3 entertainment.
Following such an amazing platform debut series, we know you’re hungry for more cutting edge video content that gives you more. Now we have entered the “Ghosts of Ruin” era.
It’s finally out! Episode 1 of Ghosts of Ruin is live and free to watch!
The visually stunning and action-packed anime adventure explores the future of gaming, into the not-so-distant future where it’s all about neural reality gaming that letsplayers actually feel the action.
Follow the experience of Lee, a young classic gamer who wins a massively hyped contest to become the 100th player in the Tournament of Ruin, taking his place among a lineup of the most famous neural reality gamers in the world.
As you watch each full-length episode, you’ll find yourself asking the questions seething under the surface of the smooth and polished series:
Is this where we’re headed?
Can they show Lee the ropes in time to win?
What are the creators of “Ruin” trying to hide?
What happened to Lee’s predecessor?
Beyond Watching
Mystery Boxes and Expansions
When you watch new episodes of Ghosts of Ruin, you’ll also receive special Mystery Box rewards with chances to win! Piece together Shards to unlock access to Expansions, exclusive additional content that will take you deeper into the world of the show.
Dying to unlock all the content? You can purchase additional premium Mystery Boxes for only $3.99 each (special 50% off launch pricing) in the Gala Film store.
When you’re ready to truly own part of the action, collect NFT Moments to unlock regular $FILM rewards based on the success and viewership of the content.
Each Moment Pack contains a single NFT Moment (Bronze, Silver or Golden) from the show. Simply own a Moment to start collecting daily POPCORN! Rewards. Following the official launch of $FILM, POPCORN! will be convertible to $FILM, which will be tradable in the GalaChain ecosystem and beyond.
If you’re looking to fully maximize your reward potential while powering the decentralized world of film, running a Theater Node is for you. Once you’ve purchased a license, your node will run in the background of your computer through the Gala Node software, putting your excess computing power to work and delivering Gala Film content directly to viewers in exchange for your $FILM rewards.
Get a Theater Node license here Watch the first two episodes of Ghosts of Ruin now and be prepared for a new episode each Friday!
