It’s been quite a road to get here… but Founder’s Nodes are now fully tokenizable! The first peer to peer ownership transfers have successfully occurred!
Our friends over at NFT Harbor had the first transfer go through on their platform shortly after the tokenization procedure was complete!
NFT Harbor is an escrow-based marketplace, and we’re incredibly happy they incorporated Founder’s Node NFTs quickly!
A Big First
Founder’s Nodes are a cornerstone of the Gala ecosystem. They were one of the earliest features of Gala, and all $GALA comes through the operators of the nodes as they help support the Gala platform and GalaChain.
Part of the power of the node network is that node operators are engaged in governance and supporting the ecosystem. Giving Node owners the opportunity to transfer their licenses helps ensure that Founder’s Node operators are always those who are most excited to support and develop this ecosystem.
We’d like to congratulate the Fuzzle Prime DAO for acquiring the first recorded transfer of a Founder’s Node NFT! Fuzzle Prime has been active on GalaChain since the very earliest days of the chain, and seeing them lead the charge into a more involved and supportive node network is amazing!
Securing the Founder’s Nodes has put us in a strong position to launch the platform without fear of it ever shutting down.
GingerbreadMan, Fuzzle Prime DAO
A Bigger and Better Node Network
We of course hate to see any Node operators send off their license to someone else, but on the flip side we do certainly love to see people who want to support the network get their hands on Founders Node NFTs!
We’ve got big plans for the Founder’s Node network in the future. We want to use Founder’s Nodes to create more decentralization and community governance within the Gala ecosystem. Founder’s Nodes always have been and always will be a critical part of what makes Gala!
A better node network needs better support, so tokenization was a necessary step to let the most enthusiastic operators get behind Founder’s Nodes.
We are thrilled to see the next generation of Founder’s Node operators start to get their hands on licenses, and we can’t wait to work with every single Founder’s Node operator to make Gala the best it can possibly be!
