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Your Feature Presentation: Gala Film Platform Rewards

April 18, 2024
Gala Film platform rewards are live in the form of POPCORN!, the placeholder token for $FILM.

Gala Film has hit the ground running with an incredible and gritty dystopian sci-fi series from the mind of creator David Bianchi. If you haven’t caught the first two episodes of RZR yet, what are you waiting for? Login to Gala Film right now and watch for free. The story will keep you on the edge of your seat, and you’ll qualify for Mystery Box rewards simply for viewing the first episodes!

Crack open Mystery Boxes to assemble unlockable Director Cuts by collecting Shards, or purchase Premiere Mystery Boxes for $3.99 for a chance at additional exclusive prizes.

Looking to get in on the ground floor of web3 entertainment ownership with RZR NFT Moments? Getting rewarded for participating in Gala Film is easy and there are lots of ways to get involved!

Paths to Rewards

Today we’re happy to announce that following a successful platform launch, platform distribution rewards are officially live

If you’re participating on any level in the Gala Film ecosystem, you’re likely to start seeing POPCORN! rewards in your account. When the $FILM token launches within the coming months with its initial Token Generation Event, you’ll gain the ability to convert all your POPCORN! to $FILM, and from then on you’ll start receiving $FILM directly for all the actions described below.

Check the Gala Film Litepaper for additional information about Gala Film rewards, including allocations, long term plans and reward boost opportunities for owning various early adopter NFTs!

You can now get rewarded for…

Supporting the Ecosystem

In the decentralized world of entertainment, anyone’s success is everyone’s success, so rewarding platform support is paramount to Gala Film. Whether you’re bringing new audience members by sharing your favorite episodes with friends and family, watching the latest episodes of your favorite series, or unlocking exclusive content through Mystery Boxes, you deserve to be rewarded for your time and attention.

According to the Gala Film Litepaper, a portion of $FILM is allocated to a pool called “Ecosystem Supporting Behaviors.” With launch, this pool will consist of 12.5% of total $FILM, but each year as the platform grows toward total decentralization, this pool will increase by ~1%.

This reward pool observes a point system to allow certain actions to qualify the user for a greater share in the pool. The list below includes the initial qualifying actions that will result in $FILM rewards from this pool.

Owning Moments

When you hold Moment NFTs from a Gala Film production, expect regular rewards that are dependent on the number of platform views for your content. When you own a RZR NFT Moment (no matter the episode), you’ll be qualified for rewards whenever any episode from the RZR series is viewed!

Because Moments are pieces of curated Scenes, when you complete a Scene, you’ll get a reward boost for all the Moments within that scene.

If you manage to collect all completed Scenes from RZR, you’ll get the MAX Boost for all your Moments.

In the Gala Film Litepaper, the reward portion allocated to owners of Moment NFTs is called the “Content Incentivization Mechanism.” This portion of $FILM is divided among publishers/creators and viewers of Gala Film content.

With the initial platform launch, 17.5% of $FILM rewards are allocated to this reward pool, and each year as Gala Films grows toward total decentralization, that percentage will increase by ~2%.

Rewards for Filmmakers

Filmmaker $FILM rewards are also considered part of Content Incentivization, with a portion of this allocation used to reward the visionary creators and artists who make Gala Film productions a reality.

With the future Gala Film Pitches update, it will become possible for anyone in the community to submit film projects or ideas, calling the Gala Film community to gather in support with their $FILM and essentially crowdfunding the future of decentralized cinema!

Operating a Theater Node

The Gala Film DePIN is powered by the operators who contribute computing power in exchange for rewards. Video content is delivered in real time using a state-of-the-art DCDN (Decentralized Content Delivery Network) with Theater Nodes at its core.

As described in the Gala Film Litepaper with the initial platform launch, active operators of Gala Film’s Theater Nodes share in 17.5% of the total $FILM rewards allocated. As the platform continues to grow toward total decentralization, this percentage will increase by ~2% per year.

Additionally, 2.5% of $FILM is awarded to Gala Founder’s Node operators for their role in supporting the backbone of the entire Gala ecosystem.

If you are interested in Theater Node operation to enhance your potential rewards while supporting the growing Gala Film ecosystem, you can purchase a license here.

Join the Next Generation of Film

After many months of tireless work from across the various Gala teams to make this all possible, we’re extremely excited to finally see the fruits of our labor enjoyed by the community. Not only can we offer awesome exclusive film and series content absolutely free, but we can promise a rewarding and gamified experience that will take you deeper.

If you haven’t started watching RZR yet, check out the first two episodes now and we think you’ll be just as hooked on Grimm’s dark story as we are.