by Gala Film | Apr 14, 2024 | Gala Film
The first two episodes of David Bianchi’s dystopian sci-fi thriller series, RZR, are officially live, only on Gala Film. Anyone with a Gala account can watch for free, and new episodes will drop each week!
Have Some POPCORN!
Owners of RZR Moment NFTs are eligible for daily rewards based on the platform views of the series. These ownership rewards are the core of Gala Film’s empowering approach to production and distribution of exclusive video content.
The Gala Film Litepaper outlining the ecosystem’s economy and current plans for distribution of rewards has been updated to reflect the latest developments. A new reward structure will soon be implemented in which units of POPCORN! are awarded directly to users, rather than in buckets. This will take effect after all outstanding POPCORN! Buckets have been distributed to operators of Theater Nodes from before the launch.
While RZR is the only series on the platform, the NFT owner portion of all available “content incentive” rewards will be distributed to RZR Moment owners. In the future when other pieces of content (other shows and films) are added, these rewards will be proportionally weighted to those programs that receive more views.
In the long term, these rewards will be issued as $FILM, directly to owners’ accounts. However, until the initial token generation event of $FILM (coming within the next couple months), rewards will be issued via the placeholder token, POPCORN!.
When $FILM is created and first issued, it will be distributed to holders of POPCORN!, converting all POPCORN! To $FILM at a set rate. The rate of automatic exchange for POPCORN is 1 POPCORN = 10 $FILM*.
*These are the subject-to-change numbers listed in the Gala Film Litepaper.
POPCORN! Buckets
Throughout the in-development stages of the Gala Film platform, POPCORN! has been used to reward operators of Gala Film’s Theater Nodes. POPCORN! Buckets of various sizes were also found in some Common Ground World Mystery Boxes, which are no longer for sale. Operators have received POPCORN! each day for which their Theater Nodes (formerly known as a “Gala Film Nodes”) were active for the minimum 6-hour requirement. Additionally, a bonus “streak” system (described below) was employed to ensure that extra POPCORN! rewards were given to those who operated their nodes for consecutive days.
Following the platform launch going forward, both NFT owners and Node operators will receive single units of POPCORN! instead of buckets. When this switch is made, the issuance of POPCORN! Buckets will be retired. Then when $FILM is first generated, all POPCORN! (whether single unit or Bucket) will be redeemable for $FILM.
Number of POPCORN! units in each bucket:
Welcome Bucket = 1 POPCORN!
Small Bucket = 10 POPCORN!
Medium Bucket = 25 POPCORN!
Large Bucket = 50 POPCORN!
Extra Large Bucket = 100 POPCORN!
Mega Bucket = 150 POPCORN!
These “Bucket” items will remain Buckets in your Collection until the $FILM token generation event, when all owners will have the option to exchange POPCORN! Buckets for $FILM, according to the values above + additional TBA streak bonuses.
POPCORN! That Never Goes Stale
Unlike your belly, your Gala account has room for all the POPCORN! you can gather. If you’re looking to start a new POPCORN! collection in anticipation of $FILM, this is your chance! Start collecting RZR Moments as soon as you can, and consider becoming a Theater Node operator to power the future of film!
Extra Action
There are plenty of ways to get rewards in addition to collecting Moments and running a Theater Node. Certain “Ecosystem Supporting Behaviors” will also allow you to collect POPCORN!, including some that are immediately available with the RZR premiere and platform launch!
Learn more in the Gala Film Litepaper!
by Gala Film | Mar 29, 2024 | Gala Film
Gala Film is about to emerge as a revolutionary platform in the world of entertainment with its April 14th launch. We’re on a mission to completely transform the way films are enjoyed, deepening the experience and getting everyone involved in the storytelling.
At the heart of this transformation lies the concept of Moments, gamified collectibles that seamlessly blend entertainment with ownership, rewards, and an irresistible urge to share.
Moments: Capturing the Magic of Cinema
Imagine owning a piece of your favorite film, a tangible representation of a pivotal moment that resonated with you. This is the essence of Moments, NFT collectibles that represent literal moments from films or series available on the Gala Film platform. Each Moment is uniquely identified, representing a specific frame from an episode or feature imbued with the emotional significance of that moment.
Moments are the Gala Film user’s primary way of collecting NFTs that are eligible for $FILM rewards, directly supporting their favorite projects in the process.
Scenes: Curating Cinematic Narratives
Gala Film users can also collect curated sets of Moments to form Scenes, embodying pivotal sequences from feature films or episodes. Scenes provide the broader narrative context of NFT Moments, offering additional rewards to collectors who complete Scenes.
Scenes cannot be purchased on their own, but only assembled through the collection of the Moments contained within that Scene. Bonus reward multipliers will await those who manage to collect entire Scenes, and even greater multipliers are in store for those who collect all the Scenes available for a specific title. Collecting all the Scenes in a title will be a monumental feat in the Gala Film ecosystem.
Ownership and Rewards
The ownership of Moment NFTs goes beyond mere collection; it unlocks a world of rewards and opportunities. Users will receive $FILM rewards by collecting Moments, directly participating in the ecosystem’s growth and sharing in its success. The more platform views for a specific piece of content, the larger share of the $FILM reward pool that goes to owners of Moments from that content.
To learn more about $FILM and rewards in the Gala Film ecosystem, read the Litepaper.
Unboxing the Mysteries of Film
Throughout the web3 world, the container that holds NFTs is often exciting for users on a level that parallels the excitement of the NFT itself. Users enjoy the thrill of collecting a digital container with untold potential, the contents of which cannot be known until it is opened. Embracing this mysterious spirit, we have made Mystery Boxes a core piece of the Gala Film economy.
Some Gala Film Mystery Boxes (Starter Boxes and Common Boxes) can be procured through interaction with the platform, and others (Premiere Boxes) may be purchased directly from the store using various currencies accepted by Gala Film.Users will also eventually have the option to trade on the secondary market to directly find the Shards they need.
Gamified Engagement: A World of Possibilities
Moments, along with the Moment Packs in which they’re found, introduce a new element of gamification to the film experience, transforming passive viewing into an engaging activity with the potential to become very rewarding. Users can embark on quests to collect complete Scenes or compete with friends to amass the most valuable collections, becoming active participants in the cinematic universe.
The Gala Film “game” is 100% free to play, but to unlock its deepest levels, users will have to work hard on their NFT collections and spend time engaging with the platform.
Sharing: Unleashing the Power of Word-of-Mouth
The gamified nature of Moments and Mystery Boxes extends beyond the Gala Film platform, seamlessly integrating with social media for an unparalleled sharing experience. Users will enjoy the ability to easily share their Moments on their favorite social media channels, showcasing their collections, gathering rewards, and introducing the Gala Film platform to a wider audience.
This viral sharing mechanism not only amplifies the platform’s reach but also transforms users into active participants in the platform’s decentralized success, spreading the word about Gala Film and attracting new users. The social media buzz generated by Moments and Scenes creates a snowball effect, propelling Gala Film to the forefront of the decentralized entertainment revolution.
Redefining Film Engagement: A Deeper, More Rewarding Experience
Gala Film is creating a paradigm shift in film engagement, moving away from passive consumption towards an immersive, gamified, and socially shareable experience. It empowers users to not only enjoy films but also own a piece of them, participate in their success, contribute to the evolution of filmmaking, and share their passion with the world.
Gala Film is redefining the way we interact with our favorite audio-visual stories, creating a world where entertainment seamlessly blends with ownership, rewards, and a deeper connection to cinema, all while harnessing the power of social media to spread the word and amplify its impact.Gala Film
Gala Film Litepaper
