A Thank You to Our DePIN Providers: Bigger Rewards, Exclusive Perks, and a Bold Future
At Gala Film, we’re proud to lead the charge in building a decentralized content delivery network (DCDN) powered by our incredible DePIN providers. Theatre Nodes have always been at the heart of this bold vision, ensuring seamless content delivery while shaping the future of entertainment. Today, we want to announce a set of meaningful updates to improve our reward incentives for Theatre Node operators, and to reinforce our commitment to a sustainable ecosystem.
Here’s what’s coming:
1. A 5% Boost to Daily Allocation
Our node operators are the backbone of our ecosystem and their support matters to us. That’s why as of Feb 1st, we’re increasing the daily allocation for Theatre Node operators from 17.5% to 22.5%.
To make this happen, we’ll reallocate 2.5% from the Operating Entity, and 2.5% from Ecosystem Supporting Actions (Key Stone). We hope that this change not only benefits node operators but also reflects our commitment to ensuring long-term viability for our decentralized backbone.
Note: As a result of reducing Ecosystem Supporting Actions to 7.5%, we anticipate a higher daily emission rate due to a smaller keystone weighting. This means, with the current platform activity we can expect the estimated overall daily emission to increase by 20%, benefiting all participants.
2. Mystery Rewards for Theatre Node Operators
We’re bringing back a long time tradition at Gala to turn up the excitement with randomized rewards! Starting this month, we’ll be dropping the following prizes to randomly selected theatre nodes with the final distribution of every month:
- 100 Moments
- 200 Premiere Mystery Boxes
These rewards will be distributed across random qualifying nodes from our content library. As a Theatre Node operator, you’ll not only power the Gala Film experience but also have the chance to own Moments and unlock exclusive content from our library.
3. $FILM is the Future
Beginning February 1st, Theatre Nodes will only be available for purchase with $FILM, our native token. What’s more, every $FILM used for node purchases will be 100% burned, strengthening Gala’s ecosystem.
This will be done to solidify our commitment to making $FILM the lifeline of Gala Film and ensuring that our ecosystem remains robust and aligned with our decentralized principles.
Why This Matters
These updates underscore our dedication to our node operators and the broader Gala Film community. By increasing rewards and reinforcing $FILM’s role in the ecosystem, we’re setting the stage for a thriving, sustainable decentralized CDN that benefits everyone involved.
Stay tuned for more updates as we continue to innovate and grow together. Let’s redefine entertainment, one block at a time.
If you’re not yet a Theatre Node operator, now’s the perfect time to get involved.
