At Gala Film, our goal has always been to foster a dynamic and evolving ecosystem. As part of our ongoing effort to align with long-term sustainability objectives, we are initiating a temporary pause in $FILM emissions effective Monday, June 11.  Adaptability is essential, particularly in a fast-evolving space like Web3.

This change relates to various ecosystem participants, including  Moment holders Node operators, filmmakers, and Gala Film itself. It represents a thoughtful and proactive adjustment to support long-term sustainability and growth. 

While we understand that this news may change how some users interact with the platform in the short term,the missions are a critical part of how the network incentivizes contribution and participation. This pause is a well-considered course correction made with the long-term health of the ecosystem and enhancing future opportunities for meaningful engagement and participation.

We’re entering a new phase focused on expanding the Gala Film catalog, onboarding new users, and increasing long-term utility and ecosystem engagement for the entire Gala Film network. If we’re serious about creating a future-proof platform that supports creators, node operators, and fans alike, we also need to be willing to make the hard decisions supporting that goal.

Any future adjustments to $FILM emissions will be informed by various factors, including platform growth, user behavior, and internal assessments. While we will resume emissions in the future, expect changes not just in the rate of emissions but also in the formula and logic that drives them.

To our Node Operators

We understand that this temporary pause relates to the current incentive structure for the Node operators. While operating a node has always been a voluntary contribution to the Gala Film ecosystem, we want to express our sincere appreciation for the ongoing support and commitment shown by our Node community. As with all aspects of a growing ecosystem, the structure and availability of emissions may evolve as the platform grows, but one thing remains true, which is that we deeply value the role Node Operators play in supporting the platform. As we move forward, we are actively exploring new ways to enhance utility and ensure long-term alignment with the contributions you continue to make.

We hope this decision is understood in the spirit it’s intended, as a necessary step toward a stronger, more resilient, and driven Gala Film ecosystem. More updates to follow in the coming weeks.

— The Gala Film Team