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Introducing GALACoin – New Tapper, Rich in $GALA Rewards

Introducing GALACoin – New Tapper, Rich in $GALA Rewards

Get ready for the next exciting phase of Gala’s tap-to-earn gaming rollout. Powered by Telegram’s mini app ecosystem, TON and GalaChain, we’re introducing yet another way to stack amazing token rewards for simple and free gameplay.

If you don’t have a Telegram account, you’re missing out on one of the biggest opportunities yet for web3 gaming. 

GALACoin is free and easy to play on mobile, launched with the help of your neighborhood friendly GALACoin Bot, directly through Telegram!👇

Play GALACoin
This time, we’re cutting right to the chase with $GALA rewards. Make way for GALACoin.

Play to Collect GALA Points

Through various modes of gameplay like tapping, upgrading and farming, you’ll collect GALA Points that enhance your ability to get $GALA for your referrals!

In the future, GALA Points will have additional features and uses in-game, like:

  • Access to new exclusive Telegram channels
  • More lucrative Quests
  • Future TBA token reward opportunities

$GALA Referral Rewards

Each and every one of your friends is a ticket to additional $GALA rewards. When you invite a new friend, you’ll get special $GALA bonuses, even in addition to the standard GALA Point bonuses received by both you and the referred player.

The best part – Your list of referrals will keep growing and as you reach new levels of achievements and gameplay, you’ll collect more and more $GALA for your referrals! So it literally pays to get a big referral list early! The more active your referrals, the more $GALA you can get!

Referral Payout Structure

Every GALACoin player will receive the following $GALA bonuses, credited directly to their account that can be withdrawn once the minimum threshold of 20 $GALA is reached.

1 $GALA – When you create a new Gala account through games.gala.com

.5 $GALA – When your referred user creates a new Gala account

1 $GALA – The first time you have been a verified GALACoin Telegram community first time subscriber for 3 days AND a Benefactor’s Channel subscriber for 3 days

.5 $GALA – The first time your referral has been a verified GALACoin Telegram community subscriber for 3 days AND a Benefactor’s Channel subscriber for 3 days

Withdrawing $GALA

Once you’ve accumulated at least 100 $GALA in rewards, they’re easy to withdraw directly from the GALACoin mini app!

  1. Head to the Rewards tab.
  2. Tap Withdraw
  3. Choose the amount of $GALA you’d like to withdraw.
  4. Enter the destination GalaChain wallet address.
  5. Your $GALA will appear in your GalaChain wallet within 72 hours, ready to trade on GalaSwap or use throughout the GalaChain ecosystem!

Play GALACoin

New Ways to Amplify Your Taps

With the Boost abilities, you can recharge your tapping energy instantly, increase your Recovery Speeds, enhance your max Energy or even upgrade to multiply the GALA Points collected with each tap!

GALACoin is all about getting more GALA Points for less play! Because let’s be honest… We’re here for the rewards!!! 😉

What are you waiting for? Start tapping and collecting $GALA with GALACoin!

GALACoin Terms & Conditions

Web3 Concepts Explained: What is a DAO?

Web3 Concepts Explained: What is a DAO?

Imagine a company or an organization that instead of being controlled by a CEO or a board of directors, is run by the people who use its services or participate in its community. This is essentially what a DAO, or Decentralized Autonomous Organization, is.

In simpler terms, a DAO is like a cooperative business or club where everyone involved gets a say in how things are done. But instead of having meetings in person, all decisions and rules are managed online, using blockchain technology. This setup ensures that the organization is decentralized, meaning no single person or group has complete control.

It’s autonomous because it essentially operates itself according to rules encoded in smart contracts, which are self-executing pieces of code on a blockchain.

How Does a DAO Work?

DAOs work through a series of smart contracts, which are basically programs running on a blockchain. These contracts define the rules of the organization, automatically enforcing decisions made by the community. Here’s a breakdown:

Proposals: Any member of the DAO can propose changes, new projects or other decisions about current operations or the future of the DAO.

Voting: Members then vote on these proposals. In a truly decentralized system, each vote is weighted by how much stake (often in the form of tokens) each member holds.

Execution: Once a proposal is approved by the majority, the smart contract automatically executes the decision without need for any human intervention.

LEARN MORE:
“What is a DAO and How Does It Work?” – Cointelegraph, August 2024

Why Are DAOs Important?

DAOs represent a shift from traditional hierarchical structures to more community-driven models. Here’s why they’re significant in the web3 world:

Decentralization: Power is distributed among all members instead of concentrated into a single centralized entity, reducing the risk of corruption or poor management. This distribution also reduces the consumer-to-business trust necessary for an effective organization. In fact, DAOs could almost alternately be called democratized autonomous organizations, but decentralization is a more apt description.

Transparency: Every decision and transaction is recorded on the blockchain, making the organization’s operations fully transparent. For centralized organizations to achieve this level of transparency, there must be a well established routine of sharing information with the users, such as the way publicly owned companies share quarterly financial reports or how a traditional non-profit organization’s financials are shared with its community.

Inclusivity: Anyone with internet access and the required tokens can participate, making DAOs more inclusive than traditional organizations. Because of their ability to essentially manage themselves, DAOs lend themselves well to greater specialization, allowing people to participate in governance in fields for which they are especially qualified, no matter where they live in the world.

Global Reach: DAOs can operate across borders, allowing global participation without the need for a centralized authority.

Examples of DAO Benefits

To make this concept more relatable, let’s consider a few scenarios:

Community-Driven Development

Imagine a group of indie game developers who come together to create a new game. Instead of going through a traditional publisher, they form a DAO. Players and fans can buy tokens to join the DAO and vote on game features, funding allocation, or marketing strategies. This way, the game evolves according to the community’s preferences, and profits are distributed among all contributors.

In this example, the use of a DAO not only covers the governance of their project, but also provides development funding through the sale of tokens.

Charitable Organizations

A charity could be run as a DAO, where donors get to vote on which causes should receive funding. Because all transactions are on the blockchain, donors can see exactly how their money is being used, ensuring transparency and trust. As a result of these benefits, more people could be inclined to donate.

Government Organizations

While the governments of the world are understandably hesitant to begin using a technology as new as blockchain, DAOs would serve well for many aspects of government operations. As traditional democratized voting processes become more corruptible, the security and transparency of DAOs could help protect voting rights and election sovereignty, aligning more closely with the will of the people. 

LEARN MORE:

“The Power of DAOs Will Be Unleashed When Boomers Leave the Workforce” – Forbes Trends, August 2024

The Gala Ecosystem and DAO Principles

While the Gala ecosystem doesn’t currently operate as an official DAO, it shares many of the principles that make DAOs powerful. At Gala, community input is highly valued, especially through platforms like Discord and Telegram, where feedback is actively monitored and considered in decision-making.

For instance, Gala’s Founder’s Nodes—a network of community-run nodes—play a crucial role in maintaining and securing the GalaChain, which is a key part of the Gala ecosystem. These nodes are operated by community members, and the decisions regarding the ecosystem’s future increasingly involve community voting and participation, which mirrors the decentralized governance seen in DAOs. Nearly all important decisions about $GALA tokenomics are presented to the Founder’s Node community for a governance vote before being put into practice.

Gala’s Path Toward Decentralization

Gala is not just stopping at community feedback. The long-term vision is to move toward greater decentralized autonomy, similar to what a DAO offers. This means that as GalaChain evolves, Gala wishes to see control over the ecosystem gradually shift more toward the community, aligning with the ultimate goal of decentralization​.

Even if Founder’s Node operators do not technically represent a DAO themselves, the goal is to see GalaChain channel creators ultimately having the ability to create DAOs for their project, platform, service, etc. We are creating a secure and scalable web3 ecosystem built on a layer-1 blockchain with the power to host numerous community-created DAOs.

In summary, while Gala isn’t a DAO in the strictest sense today, it embodies many DAO principles and is progressing toward a future where the community could have even more say in the governance and direction of the ecosystem.

Thanks for reading our latest web3 explainer article! Hopefully you learned a little something!

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Carol Hero Card Sale and September Updates

Carol Hero Card Sale and September Updates

The fight continues, survivors! The challenges of this apocalyptic world require that everyday people rise from the ashes. These new heroes can come from any background, boasting skills honed by the need to survive. 

We’re continuing to build new systems and ways to survive in The Walking Dead: Empires. Before we talk about what’s in store for September, though, we still have one epic hero left in August…

Carol was an unlikely candidate for apocalyptic warrior, but she quickly proved herself to be infinitely adaptable, becoming fierce, reliable, and a major advantage to any group she supports. And soon, you could recruit her to help build your empire.

Carol Sale

This sale takes place on Friday, August 30th at 7am PT. Carol Hero Cards will follow a tiered pricing structure based on the remaining supply, with Common Hero Cards staying at one low price throughout the sale. 

This sale is not time-limited; Carol will be available in The Walking Dead: Empires Store until the supply is exhausted or her remaining Hero Cards are taken down to make room for new heroes in the future. 

Like our other direct Hero Card sales, any Carol purchased in this sale will fulfill directly to GalaChain, ready to play in the game!

September Updates

Just as your empire grows, The Walking Dead: Empires is hard at work to implement new ways of bringing the world of the apocalypse to life. Before we wrap up our August event cycle, we wanted to talk about what to expect in September.

We’ll be taking a break from the regular event cycle during September. We appreciate you participating in these events over the past months. We’ve learned a lot from them, and the insight you’ve contributed will help shape the game in the future!

The current event cycle will end after this weekend’s stockpile event closes on Monday, September 2nd. Good luck with this last leaderboard, survivors!

This last event begins tomorrow. Are you ready?

There will certainly be more events coming in the future, but for now our team is concentrating on some important features that we can’t wait to get out to you, including an all-new. dungeon system that players will hopefully be able to check out in October. These instanced areas will soon give you more ways to survive and new challenges to overcome.

The Fight to Survive

Tomorrow begins the last leaderboard event for a while. Are you going to show off a top score this weekend?

Whether or not you’re crafting up a storm to dominate the competition, starting tomorrow you can suit up as Carol to face the challenges ahead. Don’t just survive with your empire… grow your empire.



Governance Proposal: Implementation of New GalaChain Transaction Fees for Gala Channels

Governance Proposal: Implementation of New GalaChain Transaction Fees for Gala Channels

Lower Fees, Brighter Future

This proposal outlines a new system of transaction fees for core Gala-operated channels. While the addition of a fee structure was inevitable, the GalaChain dev team has created a system that allows independent channel creators unparalleled autonomy and control while delivering lower fees than you’ll find almost anywhere else in the web3 world.

The proposed fees are substantially lower than the fees associated with almost any other blockchain. Still, the proposed system enhances the sustainability of the greater GalaChain ecosystem as it continues to grow, bolstering the economy and giving third party channel operators the freedom and control necessary to grow their own projects.

Transfer Fees

The cost of minting or transferring items on Ethereum varies depending on variables like network congestion, transactional volume and transaction type. While it may cost $2+ (in ETH) to transfer any quantity of a fungible token like $GALA, GalaChain’s initial fee structure would make such a transfer cost only 2-4 cents (depending on the current value of $GALA). We believe that a predictable and more steady transaction fee will be welcomed by the GalaChain community.

Batch Transactions, 1 Fee

On GalaChain, it’s possible to execute large actions with single transactions, such as mass batch minting of tokens. On GalaChain, tokens can be minted to hundreds or even thousands of recipients with a single batch transaction, requiring a fee of only 1 $GALA for the whole batch.

Basically, this fee system will have additional benefits to creators proportional to the finesse and efficiency with which they use the chain. The power of GalaChain can accomplish a lot with a single well-placed transaction, leaving Ethereum in the dust in terms of cost effectiveness for creators.

BatchMintToken Example

If the Ethereum gas fee for minting an NFT is $2, that fee is required for each token that is minted, so minting an NFT from the same batch to 200 different users would cost $400 in gas fees (roughly equivalent to 20,000 $GALA at current value).

On GalaChain, the BatchMintToken transaction would allow the creator to mint all 200 NFTs directly to their recipients for a single set fee (1 $GALA), using 1 transaction alone.

Fee Structure for Ecosystem Health

To address these challenges in a way that incentivizes node operators and channel founders, we propose the implementation of a new transaction fee structure specifically for the basic asset channel controlled by Gala. The proposed system does not extend to individual third-party channels.

Each third-party channel operator retains full autonomy to set and manage their own fee structures according to their unique needs and goals. The fees outlined in this document will not impact those independent channels in any way, allowing third-party operators to maintain their independence and flexibility over their own transaction fee models. This distinction ensures that while Gala implements a standardized fee approach for its own basic asset channels, it does not interfere with the diverse and customized economic models that third-party channel operators might choose to implement.

Proposal Overview

We propose the introduction of a fee system on GalaChain. This fee structure will apply to various transactions and actions within GalaChain’s basic asset channel. The primary objectives of this proposal are to ensure the sustainability of the Gala ecosystem, incentivize responsible usage of network resources, prevent spam and reward channel founders and node operators.

Proposal Details

GalaChain Token Transactions (Subject to Fees):

  • BatchFillTokenSwap
  • BatchMintToken
  • BurnTokens
  • FulfillMint
  • FulfillMintAllowance
  • MintToken
  • MintTokenWithAllowance
  • RequestTokenBridgeOut
  • RequestTokenSwap
  • TerminateTokenSwap
  • TransferToken

User Actions (1 $GALA Fee Per Action):

  • Minting currency from mint allowance
  • Minting NFTs from mint allowance
  • Bridging out currency (note: existing fees apply; future dynamic fees are in development)
  • Sending currency
  • Sending NFTs
  • Paying for orders by transferring funds
  • Paying for orders by burning funds

Ecosystem Benefits

  • Channel Founder Incentives: Founders of new GalaChain channels will be able to set fees for their own asset channels in the future, receiving a portion of fees collected within those channels.
  • Node Operator Incentives: A portion of transaction fees will be allocated to node operators, ensuring ongoing benefits for their crucial role in the decentralization and robustness of GalaChain.
  • Referral Incentive: As approved in a prior Founder’s Node vote, all $GALA burned as gas fees qualifies for a direct referral incentive reward. The direct referrer receives 8-10% of the burnt $GALA as a mint allowance, and the second-degree referrer receives 2%.
  • Prevention of Abuse: With a moderate fee system in place, abuse of GalaChain functions is actively discouraged. Most blockchain exploits and abuses are related to unreasonably high numbers of transactions, and per-transaction fees will de-incentivize these types of behaviors by potential abusers by increasing cost with transactional volume.*

*In THIS EXAMPLE, a game called Sunflower Farmer nearly “broke” the Polygon chain by monopolizing gas costs, causing transactional fees to drastically and suddenly increase. A system of set low fees will prevent this sort of exploit for a more stable blockchain ecosystem, and Gala will continue to update and tweak this system as needed for long term ecosystem health.

Implementation Plan

Upon approval of this proposal, the new transaction fee structure will be implemented immediately within the GalaChain basic asset channel.

The initial rollout will apply to transactions on the asset channel, eventually expanding to include owners of other channels in the Gala ecosystem, allowing them to create their own fee structures. Please note that external channel owners will have the ability to to set and control their own fees. More details about external channels will be provided with future updates.

Vote Details

Voting Period: 1 week

Approval Requirement: Simple majority (51%)

Eligibility: 1 vote per Founder’s Node

Vote Question

Should a new system of GalaChain transaction fees be implemented to support long term ecosystem health and user incentives?

Yes: I am in favor of the proposed fee structure.

No: I am not in favor of the currently proposed fee structure.

Abstain: I am neither in favor nor against this proposal.

Conclusion

This proposal aims to enhance the efficiency, security and sustainability of the Gala ecosystem through the introduction of a new transaction fee structure on GalaChain. We believe this change will contribute positively to the ecosystem’s long-term health while providing additional incentives for channel founders and node operators. We appreciate your participation and support in this governance vote as we continue to build a stronger, more resilient Gala ecosystem.

Thank you for your ongoing commitment to our shared vision.

Thinking Poker: Tells

Thinking Poker: Tells

You squint in the glare from your giant stack of chips. The dealer slides cards across the table, but you’re not in a hurry to look. Instead, you’re staring intently at your opponent on the button. 

They look at their cards, letting out a short but distinct sharp inhale. You see their pupils contract slightly as they glance at their hole cards, then they look straight to their chip stack before raising to 4x the blinds.. You glance at your cards – not good enough. 

You fold your big blind. The player on the button has told you everything you need to know.

Poker is a game of incomplete information. You make the wisest decision you can with the information you have available to you. This means that being able to deduce hidden information from available information can lead to a huge advantage at the tables. 

This leads us to one of the pillars of poker skill, but often the most misunderstood and misused concept in the game – reading opponents.

Poker Tells

In the heat of a game, reactions or behaviors taken by a player can potentially reveal information about their hand or mindset to other players. When a person’s subconscious behaviors give away the information they are trying to keep hidden, we refer to that as a tell.

Reading tells is about deducing hidden information from information that you already know. Very often it is also about deciding what assumptions about human behavior are likely versus possible. Nothing is ever a sure thing in an incomplete information game, but hints at someone’s likely attitude towards their cards can let you make a more informed decision when the action is on you.

Let’s say that your opponent has pushed a large bet into the pot and sits back from the table, letting out a deeply relieved sigh. This player has sent a clear signal – they aren’t engaged. The stressful time during the hand was making that bet, and now they don’t feel the need to watch intently as players decide whether to call, fold or raise.

This player’s behavior indicates that they think they have the best cards. The bet is placed, they don’t have anything to worry about. Don’t jump to conclusions too fast though! Is this typical behavior for that player? Are they feigning confidence in the hand to cover up that they don’t have absolute rags? Probably the latter. Players have a tendency to try and appear strong when they are really weak. 

Tells that speak the truth are usually more subtle… like an attitude boiling over in slight, subconscious actions. It’s important to note, however, that tells are not an exact science – humans are individuals and will often react differently to the same stimuli.

Yes, brow sweat can be a sign of a sudden loss of confidence… but it can also mean that it’s just hot in that room. Or maybe that guy is particularly sweaty when he’s hungry and his tummy just rumbled. Everyone is different, and actually trusting a tell from any player requires some degree of baseline reference for their behavior. You have to watch and understand your opponent before their tells are valuable to you. If you haven’t noticed throughout life, people are quite complicated.

It’s also incredibly important to note that tells cannot change cards. Knowing a tell only changes the way that you perceive the action of the game and informs your decision based on your cards.

Recommended Reading: Mike Caro’s Book of Poker Tells

This poker classic is basically considered required reading for people who want to play live games. It predates online play, but there’s applications for the psychology of online players as well.

Caro walks you through the basic psychology of poker tells and assumptions about how behavior indicates attitude to their hand. 

Knowing that a player thinks they have good or bad cards doesn’t inform you exactly what their cards are or make the result of the hand any different. It simply gives you more information so that you can make wise decisions regarding your own cards within the hand.

Online Poker Tells

It’s easy to assume that tells are only something that plays into live games, but that’s not exactly true. You may not be able to see your opponent’s body language playing online, but you can definitely still deduce information from their behavior.

Think about what information you do get from opponents in online games. Most obviously, you get betting amounts. At the speed online poker moves, this is actually incredibly useful information. In a lot of ways this kind of data can be more reliable than physical poker tells.

Say you have an opponent you’ve been at a table with for an hour. You’ve played dozens of hands against them and have noticed some patterns. They like to raise 3x the big blind in bad position and 4x the big blind in good position, and they very rarely limp in unless they are on the button. They tend to fold low draws pre-flop you’d guess, because you never see them get caught chasing.

One hand, you notice them uncharacteristically limp in from good position. Once there’s a 5x raise back to them they fold. A likely assumption to be made from this based on their typical behavior is that they had a high suited straight draw. J/10 suited maybe? Q/K suited? It’s unlikely they would have backed down so easily if they had the nut straight draw at A/K, so you can deduce 3-5 likely hands that they had from this behavior.

That didn’t give you much advantage at the time because they folded. You do, however, understand more about that player’s behavior. Maybe that will let you dodge a disaster when they limp in next time and catch a J/10/10 on the flop?

Minor Information, Major Advantage

In an incomplete information game like poker, little bits of information and likely assumptions can add up to a big edge at the table.

Let’s imagine that you have an opponent who you haven’t quite gotten a read on. They’ve been hanging on calling several times and haven’t yet raised or bet themselves. The flop comes 5/9/Q with suits scattered. They keep calling and playing very passively.

The turn comes a J. Suddenly, the player is much more engaged in the hand and responds to your bet with an instant raise – previously they had been considering each check carefully for several seconds. When you call their raise, the river comes a second Q. You check to the raiser, and they hammer a massive bet at you.

So what do they have? From their behavior, there’s one rather likely situation – they carried a 10/K into the flop. This explains why they wanted to hang around for as cheap as possible until their J dropped on the turn. They still had a live draw and an over card. Since the table draw is a gutshot, they know that they have drawn to the nut straight, and they’re hoping that they caught someone with the lower straight draw.

This is definitely not a sure thing. They could potentially have a busted gutshot draw with a 6/7 or something, and they’ve chosen to pretend that they have the nut straight to scare you off. Most people aren’t brilliant actors under pressure, however, so deciding whether they are trying to mislead you is a far simpler proposition than attempting to guess their random cards offhand.

One more thing about this example – they’ve been representing hitting the nut straight. You can put that hypothesis to the test! A second queen dropped on the river. If they have hit the nut straight, they’ll know that someone who had two pair going into the river – queens over X – will just have hit a full house on the river. That beats their straight. 

If you come back over the top and they falter, that’s more evidence that they were on that straight draw. You may even be able to represent a late full house aggressively and scare them away altogether even.

Thinking Strategy

Like anything in poker, there’s a difference between understanding tells and applying tells. It takes practice to make the observations necessary to draw valuable information from tells, and even more practice to establish the discipline to know when and when not to act on likely assumptions about another player’s behavior.

Start to put your skills to the test. As you watch the behaviors of your opponents you’ll get better and better at it. You don’t need a poker club or casino to go to… you can start working on playing off of player behavior on Sweep It Poker today for free! See how your opponents react to different situations, and start to think about why when their behavior changes. 

Stay tuned for more deep dives. Keep practicing your ability to read people as you’re out there thinking poker!