We are excited to announce a groundbreaking new feature now live on GalaSwap: The Project Token Creation Tool. This innovative addition empowers our community to create their own custom tokens on GalaChain, marking a significant step forward in the evolution of our ecosystem.
Create Your Own Tokens
With the Project Token Creation Tool, any GalaSwap user can create a custom token by burning $GALA (described below under “How It Works” in greater detail). Whether you’re aiming to launch a meme coin representing an inside joke or a utility token for an exciting in-development or live project, this tool provides a flexible and powerful way to bring your ideas to life.
Creating your own token is simple, and once approved you’ll be able to grant mint allowances for your token to any address on GalaChain.
Founder’s Approval Process
All new tokens submitted through the Project Token Creation Tool will undergo a Founder’s Node approval vote. This ensures that each token meets the standards of our community and prevents the creation of spammy or abusive tokens.
Founder’s Node operators will have a 24-hour voting period to approve or reject each submission.
Rewards for Founder’s Node Operators
All Founder’s Node operators will have a chance to receive a portion of each newly generated token. This reward system recognizes the crucial role that Founder’s Nodes play, powering the DePIN (Decentralized Physical Infrastructure Network) and maintaining the integrity of the Gala ecosystem.
Rewards for qualifying active Founder’s Nodes will be distributed as mint allowances in the next distribution following the creation of the new token. The share of these rewards per Founder’s Node will depend on the total activity time of that Founder’s Node throughout the previous 24 hour cycle. This reward structure will use the same Point system as the daily $GALA distribution for Founder’s Nodes.
For the first 90 days, all active Founder’s Node operators will be automatically enrolled in this reward program. Later, Founder’s Node operators will have the option to pay a subscription fee to participate in this created token reward program for 30 days. All Founder’s Node operators can vote on the approval of each token, whether or not they are subscribed for created token rewards.
How It Works
Submit Your Token: Use the Project Token Creation Tool on GalaSwap to submit the details of your new token for approval.
Pay a non-refundable fee equal to $100.00 US Dollars in $GALA(GalaChain).
You will also choose an amount of $GALA(GalaChain) as a Burn Allowance.
If the approval vote passes, this allowance will be burned and the total value of the $GALA burned will be divided by the total supply of your new token, indicating an initial price listing on GalaSwap. In the event that the token’s creation is not approved, your $GALA(GalaChain) Burn Allowance can be revoked via request through the allowance management system.
Please note that the allowance management system is still being fine tuned and will be released in the very near future, so any unapproved token creators will face a potential delay in the ability to revoke their Burn Allowance.
Approval Vote: Founder’s Node operators will review and vote on your token for 24 hours.
Token Generation Event: If approved, your token will be created on GalaChain and Founder’s Node operators will immediately receive 2.5% of the new token as rewards.
Token Listing: The token will become available on GalaSwap, and you’ll find your new tokens in the “My Tokens” tab. From here, you can grant mint allowances to any GalaChain wallet you choose.
Get Started Now!
We invite all users to explore the Project Token Creation Tool and submit their tokens for approval. This feature not only enhances our ecosystem but also demonstrates our commitment to empowering our community with innovative tools and opportunities.
Visit GalaSwap today to start creating your own custom tokens!
Gala Music is excited to announce the return of electronic hip hop artist Harry Shotta with his latest track “Growth (Gala Audiophile Edition),” releasing on June 5th. This marks Harry Shotta’s second track drop on the Gala Music platform, following his popular debut “Do What Ya Like” (produced by Macky Gee), which is still available in limited supply. Now is the perfect time to build a complete Harry Shotta collection as he continues to rise through the ranks of Gala Music’s elite artists.
Growth (Gala Audiophile Edition)
“Growth (Gala Audiophile Edition)” is a high-resolution, immersive listening experience where Harry Shotta takes us on a poignant storytelling journey of change, loss and hope based on true events. The second verse is particularly moving, as it honors his lost bandmate, Stormin MC, whose brave fight against cancer deeply affected the UK music scene. Produced by Erb N Dub, this track has been engineered for emotional clarity, ensuring every word and beat resonates with listeners.
Artist Bio
Harry Shotta is a Guinness World Record-breaking MC who has revolutionized the DnB scene, amassing over 100 million streams globally. Renowned for his boundary-pushing wordplay and creativity, Harry Shotta is a multi-award-winning artist who merges art, sound, and technology in unprecedented ways. From global performances with his SaSaSaS supergroup to innovative AR exhibitions, Shotta has garnered critical acclaim, establishing himself as a visionary force in both the music and mixed reality spaces.
Track Availability
“Growth (Gala Audiophile Edition)” will be available on June 5th. For $MUSIC supporters of Harry Shotta who have unlocked level 2 in his Loyalty Pool, the early access sale starts at 12pm PT. For everyone else, you can get yours starting at 1pm PT.
Don’t miss the chance to own this exclusive track and experience the emotional depth and clarity that Harry Shotta brings to his music.
Announcing the latest phase in our DeFi Pioneer Rewards program, with chances for Gala newcomers with web3 experience to start with some great $MUSIC and $GALA reward, just for connecting a wallet.
This time, we’re recognizing participants from the OpenDAO airdrop of SOS tokens, which targeted OpenSea users based on their transaction volume in ETH, USDC and DAI. If you were a part of this event, a special surprise awaits you for connecting your qualifying wallet to a free Gala account.
Claim Your Gala Mystery Box
Do You Qualify for the Drop?
To find out if you qualify, simply connect the ETH wallet that was eligible to receive SOS tokens during the claiming period between December 24th, 2021, to June 30th, 2022. All wallets that transacted (bought, sold or listed) on OpenSea prior to December 23rd, 2021 were eligible for this airdrop. If that describes you, simply create a free account and connect your wallet to get started.
Once connected to a free Gala account, you’ll discover a Mystery Box loaded with exciting rewards that you can start trading immediately on GalaSwap.
What’s Inside?
Your Mystery Box includes various amounts of $MUSIC, along with some $GALA to cover GalaSwap trading fees.
With this event, there’s a chance to find anywhere from $5 to a whopping $100,000 in $MUSIC!
Create Check
Create a Gala Account – If you don’t have a Gala account yet, sign up for free.
Connect Your Metamask Wallet – Ensure it’s the same wallet that was eligible for the 2022 SOS airdrop.
Check Your Inventory – Look under “Openable NFTs” to find your Mystery Box.
To Redeem
Create a GalaChain Transfer Code – Go to your Account Settings to generate a code.
Open Your Mystery Box – Use your transfer code to unlock your rewards.
View Your Tokens – Your $MUSIC and $GALA will appear in your token Inventory.
Start Trading
Take advantage of GalaSwap, our rapidly growing platform for peer-to-peer token swaps. Here’s how:
Login to GalaSwap – Use your Gala credentials at GalaSwap.
Wrap Your $MUSIC – Convert $MUSIC to $GMUSIC for trading.
Create a Swap – Enjoy low fees and seamless transactions.
Are you a web3 oldtimer? Encourage your friends and fellow OpenDAO participants to connect their wallets to see if they qualify for a Gala Mystery Box. Let’s build an even larger community of empowered web3 users together!
Even if you don’t qualify for this round of DeFi Pioneer rewards, there are plenty of opportunities to get rewarded in GalaChain’s web3 ecosystem, so create an account and connect your wallet today!
Attention, survivors! New additions to The Walking Dead: Empires are about to make the fight to survive the apocalypse more challenging – and exciting – than ever before!
Introducing Weekly Events
Since the launch of our Public Development Build, you’ve had the chance to carve out your own corner of The Walking Dead Universe, and begin to build your empire. But, as any fan of the AMC series will tell you, success in this world can be fleeting… and safety is always temporary.
Starting this June, weekly events will begin rolling out in The Walking Dead: Empires that will test your skills and challenge your dominance of the wasteland. . With high risk, however, comes high reward: At the end of each event, the top 200 players on the leaderboard will receive valuable in-game prizes! So make sure you participate each week, and stay on top.
June Event Overview
There are four weekly events planned for June:
Week 1: Deadland Scavenge Search far and wide to gather as many rare resources as you can to claim the top spot.
Week 2: Build the Future Put all those resources to good use! This week you’ll need to craft like your life depends on it to climb the leaderboard.
Week 3: Survivor’s Trial You’re no background character;you’re the hero of this story. Gain the most XP of all your peers, and watch as your character’s power grows alongside your position on the leaderboard..
Week 4: Walker Wipeout An all-out undead slaughterfest. Destroy as many walkers as you can to prove your ultimate post-apocalyptic dominance..
The first event will begin on Monday, June 3rd at 5pm PT, and run for exactly one week. Each subsequent event will begin Monday at 5pm PT, with the prior week’s event running all the way through to that time
Deepening the Experience
As we build up to a full-feature launch of the game, your feedback in the Public Development Build has been, and continues to be, invaluable.
To ensure that we provide the best possible experience in the short-term, the events will be starting small. This approach allows us to gather insights from your participation and feedback, and make informed decisions to improve future events.
Our goal is to deliver a deep and engaging experience that offers exciting challenges and desirable rewards, tailored to you. Let us know what you think, and what you’d like to see more or less of in the future as we continue to grow the game
Survive and Thrive
Incorporating these events means a new version of the game is coming soon, so be on the lookout for a required update from the Gala Launcher.
Are you ready to rule the apocalypse? The first of these events begins on June 3rd at 5pm PT. We hope you enjoy, and look forward to even more as we continue to make The Walking Dead: Empires a more thrilling and fun survival experience!
At Gala, we’re crafting a decentralized future where everyone can thrive. What began with gaming now spans across entertainment, blockchain technology and more, creating an inclusive and immersive ecosystem with something for everyone. Let’s explore how Gala is revolutionizing the way we interact with digital worlds.
Gala Games: More Than Play
Our journey started with games, fueled by a mission to give players true ownership and the ability to get rewarded for their playtime. Gala Games offers a diverse portfolio of games where players can truly own their in-game assets. Ownership adds a new dimension of gaming strategy to enrich the experience.
This ownership model breaks free from traditional constraints, allowing gamers to benefit directly from their engagement. Additionally, Gala gamers enjoy a new level of freedom. Once you get tired of a game for which you own items, you’re free to trade off those items on the secondary market, essentially taking your loot with you to your next favorite game. Gone are the days when we must continue playing a game that lost our interest just because we’re cost committed. This freedom is a crucial piece of Gala’s central mission of user empowerment.
We have teamed up with some of the most legendary game developers in the industry to reimagine the gaming experience throughout multiple genres. With the recent launch of our massive game dev headquarters in Santiago, Chile, we’re ready to start cranking out the next generation of games, all empowered with ownership and rewards through GalaChain.
The conventional music industry was ripe for revolution, and the power of GalaChain lends itself brilliantly to an enhanced music experience that takes fans and artists deeper.
Gala Music reimagines the ways music is produced, distributed and consumed. Artists can release tracks directly to their fans, bypassing traditional intermediaries and maintaining unprecedented control over their art. Fans can own NFT tracks representing music from their favorite Gala artists, unlocking $MUSIC rewards based on the platform success of their owned tracks.
Powered by a decentralized network of nodes called Jukebox Nodes, Gala Music’s unique approach ensures that creators are fairly rewarded for their work, that fans have a stake in the success of the music they support, and that new music is always free to discover and enjoy.
Gala Film is set to disrupt the traditional film industry by enabling decentralized film production and distribution. This platform allows filmmakers to fund their projects through tokenization, offering an innovative way to raise funds and engage with their audience.
Fans can directly support films and series they believe in by collecting NFTs called Moments in their Theaters, reaping $FILM rewards from the platform success of their content.
Powered by a state-of-the-art GalaChain DePIN (Decentralized Physical Infrastructure Network), Gala Film hosts and delivers content on its network of Theater Nodes. These nodes are owned and operated by supporters from the Gala Film community who have purchased licenses to operate network workloads in exchange for additional rewards.
A future system called “Pitches” will offer project crowdfunding to bring users’ filmmaking dreams to life. Funding film projects is expensive, but with Gala Film we are curating an ideal community of early adopter supporters and rewarding them for early ownership in the same $FILM token that they will eventually use to fund your projects. We expect this feature to be a true game changer for the filmmaking industry when it is released.
At the core of Gala’s ecosystem lies GalaChain, our custom-built blockchain. Designed to handle high transaction volumes and complex interactions, GalaChain supports a wide array of applications that go far beyond gaming and entertainment. It offers near-real-time settlement, low gas fees and a developer-friendly environment, making it an ideal platform for innovation across various industries.
In early 2024, we opened GalaChain to external developers by releasing the public facing Typescript-integrated GalaChain SDK and the Gala Creators Portal, making it easier than ever for devs to take the leap into web3 to empower their own communities.
GalaChain is a layer1 blockchain that operates similarly to Ethereum, with lower gas fees and faster transaction time. Additionally, GalaChain tokens (FTs and NFTs) are easily bridgeable to the EVM for use and trade on its robust network of existing dApps and exchanges.
GalaSwap: Seamless and Secure Transactions
GalaSwap is the first official token swapping site that runs on GalaChain, providing a secure platform for trading tokens within the GalaChain ecosystem. It ensures that users can seamlessly swap assets, enabling liquidity and fostering a vibrant economic environment by eliminating the need to bridge assets to Ethereum.
By utilizing GalaSwap, users benefit from lower fees and faster transactions compared to traditional exchanges. Additionally, GalaSwap users are rewarded with GalaSwap’s native token for listing and accepting swaps, with additional rewards for swaps that are conducted at “fair market value,” according to dynamic integrated pricing data from CoinGecko. GalaSwap is growing rapidly, with recent feature updates such as partial swaps, API integration and more.
Owners in the Gala ecosystem are encouraged to browse and utilize the robust secondary item markets on OpenSea. This market ensures that every asset has value beyond its initial use, providing users with endless opportunities to monetize their digital holdings, unload unused items or get a second chance on sales they missed.
Gala is more than just an ecosystem; it’s a community-driven movement towards decentralization and empowerment. We invite you to explore the various facets of Gala, participate in our vibrant community, and discover how you can benefit from being part of this revolutionary journey.
Learn More
Ready to dive deeper? Learn more about Gala’s ecosystem and how we’re transforming entertainment and beyond. Join us in shaping a decentralized future where ownership and rewards are truly democratized.
