We’re well into the web3 era now, and blockchain technology has evolved far beyond Bitcoin. As millions and millions of people throughout the world are discovering blockchain for the first time, serious industry creators are now shifting goals.
Let’s explore this new outlook of blockchain development that can best benefit creators with new opportunities and more flexibility than ever before.
Here are the Top 5 ways to support creators in the web3 economy.
Build Accessible Onboarding Tools
One of the biggest barriers for creators entering the Web3 space is the steep learning curve of blockchain technology. For several years, this has been a contentious point between defenders and critics of blockchain technology. Interestingly enough, critics and fans tend to agree that one of the leading obstacles for web3 is its unfortunate lack of accessibility.
GalaChain is leading the charge with an unparalleled developer-friendly ecosystem that was created with developer ease-of-access in mind. GalaChain’s creators recognized that empowering developers was the way to ensure that end users are effectively empowered.
Through integration of the TypeScript programming language used in a wide range of traditional dev words, GalaChain gracefully reduces friction for developers transitioning from traditional Web2 tools. Paired with an SDK that includes prebuilt templates and robust documentation, creators can hit the ground running with minimal delay, even with seemingly complex projects like dedicated node networks, token reward infrastructures and more.
Prioritize Scalability Without Sacrificing Speed
Creators thrive in environments where their projects can grow without fear of technical bottlenecks. GalaChain is designed to handle high transaction volumes, ensuring that even the most data-intensive applications can operate seamlessly. Even in its early days, GalaChain has demonstrated this through its own web3 entertainment platforms of Gala Games, Gala Music and Gala Film.
Created on Hyperledger Fabric, GalaChain is a relatively simple and scalable blockchain solution for developers from any industry for a variety of applications. Its ability to maintain high transactional throughput levels provides the scalability necessary for creators to innovate without limits.
Enable Decentralized Ownership
Empowering creators often means giving them more control over their creations. With GalaChain’s decentralization roadmap (outlined in the GalaChain Decentralization White Paper, the platform is enhancing ownership through new features like upgraded governance capabilities and decentralized community input.
The integration of GalaChain’s existing Founder’s Node network into the consensus process will further democratize the ecosystem while maintaining security and performance. Setting GalaChain apart in the blockchain space is its ability for creators to run permissioned channels that are part of the GalaChain ecosystem. These channels operate like privately owned cars on the GalaChain train, using the power of GalaChain to get where they’re going while under total and sole control of the creators that operate them.
Create Low-Cost Ecosystems
High gas fees have been a major hurdle for creators in blockchain ecosystems. GalaChain addresses this by delivering near-zero transaction costs. This makes it feasible for creators to monetize their work efficiently, whether through minting NFTs, building dApps or processing micropayments. By making blockchain adoption affordable, GalaChain ensures creators retain more value from their work.
$GALA is burned for transactional fees throughout the ecosystem, but channel operators will ultimately be in control of their own channel fee structures.
Foster Interoperability
Creators often find themselves limited by isolated blockchain systems with little opportunity to interact with other blockchains. GalaChain breaks these barriers with built-in interoperability features, allowing creators to bridge assets and projects across multiple blockchain networks. This interconnected approach is designed to expand the reach and flexibility of Web3 projects while keeping creators in control.
The creators of GalaChain have always recognized the need for interoperability in web3 for mass adoption to take hold. While creators and pioneers in blockchain tech have been working heads-down to build systems that work, the ones that create a sense of unity throughout the space will reap the greatest rewards. GalaChain is working toward interoperability that will give users and developers more freedom than ever before.
Creator-First Economy of Innovation
The Web3 economy is unlocking new horizons for creators and ecosystems like GalaChain are at the forefront of this transformation. By offering tools, infrastructure and scalability tailored to creators’ needs, GalaChain is making it easier than ever to embrace the decentralized revolution. As we continue to innovate and grow, creators can trust GalaChain to remain a steadfast partner in their Web3 journey.
The film industry stands at a technological crossroads, its potential shackled by outdated distribution systems and centralized control.
Gala Film is leading a cinematic revolution, leveraging blockchain technology and decentralized infrastructure to dismantle these barriers. As we approach the December 5th Token Generation Event (TGE) for $FILM, let’s explore how Gala Film’s Decentralized Content Delivery Network (DCDN), powered by Theater Nodes, addresses longstanding inefficiencies in the entertainment world and empowers creators and viewers alike.
So What’s Wrong with Traditional Content Delivery?
In traditional film and streaming systems, centralized servers are the gatekeepers of content. This model is not without its flaws:
Single Points of Failure: Centralized servers are vulnerable to outages, cyberattacks and bandwidth limitations, which can disrupt content access on a global scale, leading to a poor user experience.
High Distribution Costs: Content creators face exorbitant fees from middlemen who control the dissemination of their work, reducing the share of profits for filmmakers and often negatively impacting creativity.
Lack of Audience Engagement: Viewers often play a passive role, disconnected from the creative process or financial success of the films they love.
Inefficiencies like these ultimately stifle innovation, leaving creators dependent on platforms that prioritize profit over artistic freedom and user experience. As you can imagine, a system like this leads to a grayscale world of creativity, but we want to empower filmmakers to create in vibrant and vivid full color.
Decentralized Content Delivery is Here
Gala Film’s DCDN offers a transformative alternative, changing the way that content is both managed and consumed through the power of GalaChain.
Resilience and Scalability: Content is stored and distributed across a decentralized network (Gala Film Theater Nodes), virtually eliminating single points of failure. Each node contributes bandwidth and computing power, ensuring uninterrupted streaming experiences globally and rewarding community operators for their contributions.
Empowering Creators: By removing intermediaries, filmmakers can distribute their content directly to audiences, retaining creative control and earning a fairer share of revenues in the long run. Without middlemen whose concerns are exclusively profit oriented, filmmakers will have the freedom to creatively thrive as their visions come to life.
Community-Driven Engagement: Viewers can operate Theater Nodes to collect $FILM rewards while participating in the ecosystem. This involvement has the potential to turn audiences into stakeholders, deepening their connection to the content and giving them an active interest in its success on the platform.
The Role of Theater Nodes in Gala Film’s Ecosystem
Theater Nodes are the backbone of Gala Film’s decentralized infrastructure, just like GalaChain Founder’s Nodes are the backbone of the greater GalaChain ecosystem. These specialized nodes:
Host and Stream Content: Instead of relying on centralized servers, content is stored in shards across multiple nodes and delivered directly to consumers exactly when it is needed. This ensures efficient and secure content delivery.
Reward Contributors: Node operators collect $FILM tokens in exchange for their contributions, incentivizing network growth and a sustainable economy.
Support Decentralized Governance: Operators will ultimately participate in platform governance, voting on technical standards, fee structures, ecosystem improvements and more.
Redefining Entertainment with Decentralization
Gala Film’s decentralized model offers solutions with the potential to redefine the entire entertainment landscape:
Democratizing Content Creation: Filmmakers will have the ability to seek community funding for their projects directly through $FILM-based initiatives like Gala Film’s Pitches, allowing creators to bypass traditional funding barriers, which stand in the way of aspiring filmmakers all too often.
Ownership and Rewards: Fans can own NFT Moments—digital collectibles tied to their favorite films—that yield rewards based on the success of those productions, creating a shared stake in the content’s impact.
Global Accessibility: By decentralizing storage and distribution, Gala Film ensures that audiences worldwide can access content without regional restrictions or interruptions.
A Vision for the Future
With its DCDN, Gala Film embodies the principles of Web3—decentralization, transparency and community ownership.
As the Gala Film platform grows, its commitment to empowering creators and audiences will drive the democratization of cinema. The December 5th TGE marks a pivotal moment in this journey, issuing $FILM for all previously held POPCORN! And POPCORN Bucket rewards, inviting everyone to be a part of this revolution.
Join us as we redefine cinema for the digital age. Host a Theater Node, collect NFT Moments, and participate in shaping a decentralized future where every view and every voice matters. Together, we’ll create a resilient, people-powered entertainment ecosystem where creativity knows no bounds.
Ready to dive in? Visit Gala Film to learn more and start your journey in the next era of entertainment.
Very soon, an updated Gala Film Whitepaper will be released with the latest details about the $FILM TGE, platform tokenomics and more. Stay tuned for this new Whitepaper release before the December 5th TGE.
