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Top 5 ways to support creators in the web3 economy

December 2, 2024

We’re well into the web3 era now, and blockchain technology has evolved far beyond Bitcoin. As millions and millions of people throughout the world are discovering blockchain for the first time, serious industry creators are now shifting goals. 

Let’s explore this new outlook of blockchain development that can best benefit creators with new opportunities and more flexibility than ever before. 

Here are the Top 5 ways to support creators in the web3 economy.

  1. Build Accessible Onboarding Tools

One of the biggest barriers for creators entering the Web3 space is the steep learning curve of blockchain technology. For several years, this has been a contentious point between defenders and critics of blockchain technology. Interestingly enough, critics and fans tend to agree that one of the leading obstacles for web3 is its unfortunate lack of accessibility.

GalaChain is leading the charge with an unparalleled developer-friendly ecosystem that was created with developer ease-of-access in mind. GalaChain’s creators recognized that empowering developers was the way to ensure that end users are effectively empowered.

Through integration of the TypeScript programming language used in a wide range of traditional dev words, GalaChain gracefully reduces friction for developers transitioning from traditional Web2 tools. Paired with an SDK that includes prebuilt templates and robust documentation, creators can hit the ground running with minimal delay, even with seemingly complex projects like dedicated node networks, token reward infrastructures and more.

  1. Prioritize Scalability Without Sacrificing Speed

Creators thrive in environments where their projects can grow without fear of technical bottlenecks. GalaChain is designed to handle high transaction volumes, ensuring that even the most data-intensive applications can operate seamlessly. Even in its early days, GalaChain has demonstrated this through its own web3 entertainment platforms of Gala Games, Gala Music and Gala Film.

Created on Hyperledger Fabric, GalaChain is a relatively simple and scalable blockchain solution for developers from any industry for a variety of applications. Its ability to maintain high transactional throughput levels provides the scalability necessary for creators to innovate without limits.

  1. Enable Decentralized Ownership

Empowering creators often means giving them more control over their creations. With GalaChain’s decentralization roadmap (outlined in the GalaChain Decentralization White Paper, the platform is enhancing ownership through new features like upgraded governance capabilities and decentralized community input.

The integration of GalaChain’s existing Founder’s Node network into the consensus process will further democratize the ecosystem while maintaining security and performance. Setting GalaChain apart in the blockchain space is its ability for creators to run permissioned channels that are part of the GalaChain ecosystem. These channels operate like privately owned cars on the GalaChain train, using the power of GalaChain to get where they’re going while under total and sole control of the creators that operate them.

  1. Create Low-Cost Ecosystems

High gas fees have been a major hurdle for creators in blockchain ecosystems. GalaChain addresses this by delivering near-zero transaction costs. This makes it feasible for creators to monetize their work efficiently, whether through minting NFTs, building dApps or processing micropayments. By making blockchain adoption affordable, GalaChain ensures creators retain more value from their work.

$GALA is burned for transactional fees throughout the ecosystem, but channel operators will ultimately be in control of their own channel fee structures.

  1. Foster Interoperability

Creators often find themselves limited by isolated blockchain systems with little opportunity to interact with other blockchains. GalaChain breaks these barriers with built-in interoperability features, allowing creators to bridge assets and projects across multiple blockchain networks. This interconnected approach is designed to expand the reach and flexibility of Web3 projects while keeping creators in control.

The creators of GalaChain have always recognized the need for interoperability in web3 for mass adoption to take hold. While creators and pioneers in blockchain tech have been working heads-down to build systems that work, the ones that create a sense of unity throughout the space will reap the greatest rewards. GalaChain is working toward interoperability that will give users and developers more freedom than ever before.

Creator-First Economy of Innovation

The Web3 economy is unlocking new horizons for creators and ecosystems like GalaChain are at the forefront of this transformation. By offering tools, infrastructure and scalability tailored to creators’ needs, GalaChain is making it easier than ever to embrace the decentralized revolution. As we continue to innovate and grow, creators can trust GalaChain to remain a steadfast partner in their Web3 journey.

Interested in building on GalaChain?

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