The long-anticipated moment has arrived! Gala Film is proud to announce completion of our Token Generation Event (TGE) for $FILM on December 5th, 2024
This milestone marks one of the most important steps in our mission to revolutionize the film industry through decentralization, bringing fans, filmmakers and cutting edge content to a thriving GalaChain ecosystem. Whether you’re a filmmaker seeking creative freedom or a fan eager to engage more deeply with the stories you love, $FILM is now here to empower you.
GalaChain $FILM allowances have now been issued to all Gala Film users based on their support prior to the $FILM TGE. You’ll find more information on redeeming $FILM allowances and initial distribution in the newly updated Gala Film Whitepaper.
A Decentralized Vision for Entertainment
At Gala Film, we’re reimagining the film industry. By leveraging the power of GalaChain, we’ve built a platform where filmmakers can connect directly with audiences, cutting out traditional gatekeepers and elevating the experiences of both creating and enjoying films. The $FILM token is the beating heart of this ecosystem—a utility and reward token designed to create a transparent, inclusive and collaborative cinematic experience.
$FILM Details
Here’s what you need to know about the $FILM TGE:
- Launch Date: December 5, 2024
- Total Supply: 500 million $FILM
- Initial $FILM generation at launch: 100 million $FILM (20% of the max supply)
Initially $FILM has been allocated to content creators, Theater Node operators, advocates and other ecosystem supporters.
This distribution ensures that every participant, from filmmakers to fans, has a stake in Gala Film’s decentralized vision.
How $FILM Transforms Gala Film
The $FILM token is your passport to an enriched entertainment experience. Here’s how you will be able to use it:
- Film Boosts: Support and amplify your favorite films, increasing their visibility and rewards.
- Community Power: Vote on and fund community-driven projects through our “Pitches” system, turning ideas into reality.
- Exclusive Content: Purchase collectibles like Moments, Mystery Boxes and Theater Nodes.
- Governance: Help shape the platform’s future with token-based decision-making.
Why $FILM Matters
The launch of $FILM isn’t just about a new token—it’s about empowering the entire film community:
- For Filmmakers: Maintain creative control, crowdfund projects directly through $FILM and reward loyal fans in unique new ways.
- For Fans: Play an active role in the films you love, from funding to viewing and sharing for a more enjoyable and immersive experience.
- For All: Join a decentralized entertainment ecosystem where your voice matters, elevating the quality of film entertainment in the web3 era.
Through $FILM, Gala Film is reshaping the industry, making it more inclusive, equitable and interactive.
Join the Movement
Ready to be part of the revolution? Here’s how you can get involved:
- Engage: Explore the Gala Film platform and see what $FILM can do.
- Participate: Support your favorite projects, collect Moments and gather rewards.
- Shape the Future: Discover how Theater Nodes and $FILM give you a say in the platform’s evolution.
Let’s redefine film together. The $FILM era begins today. Join us at Gala Film and claim your role in the future of entertainment.
Gala Film
