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Introducing GalaChain’s First Node Workload NFT

Introducing GalaChain’s First Node Workload NFT

To keep up with powering the most innovative projects, products and platforms in web3, it’s crucial that we maintain optimized node networks. These networks empower users to contribute computing power to the decentralized network through GalaChain’s cutting edge DePIN (Decentralized Physical Infrastructure Network), essentially turning community computers into employees of the blockchain and rewarding operators for their time and energy.

While GalaChain was being created from the ground up by our team of blockchain experts, tokenization of node licenses was always an important part of the vision. A key benefit to blockchain is the user’s ability to own tokenized items on their terms, so a license to operate a DePIN node for rewards should be no exception.

As recently announced in this blog, Founder’s Nodes and Common Ground World Nodes would be the first nodes in the GalaChain network to undergo this “tokenization” process.

Today, we’re pleased to announce that Common Ground World Nodes have now made GalaChain history, becoming the first tokenized node licenses in the GalaChain ecosystem.

Node Workload NFTs

Throughout the history of the decentralized Gala ecosystem, node licenses have been issued as account locked items, making them unable to be transferred or traded. With Node Workload NFTs, operators are becoming empowered to trade their licenses with one another for the first time.

Please note that the Node Workload NFT is not the node itself, but the tokenized license to operate the node for rewards. No matter which node network (there are already several and more in the works), the node is run using the GalaChain node client on the operator’s computer.

By transferring a Node Workload NFT to another user, you are also giving them the right to operate that node and receive the rewards that come with it.

Initial Features

The Common Ground World team is bravely leading the way into this uncharted territory by tokenizing licenses for Common Ground World Nodes. This is a crucial step before the upcoming release of Common Ground World Guilds, which promises to be a truly game-changing feature for Gala’s flagship game of town and city builders.

Your Node Workload NFTs will initially be transferable to other users and bridgeable to the Ethereum blockchain for external trade. However, please note that your Node Workload NFT must be on GalaChain to run your workload.

Future Features

The ability to list your Node Workload NFTs on GalaSwap will be added with a future update. 

Allocation of CGW Node Workload NFTs

For anyone who purchased Common Ground World Node (formerly known as Town Star Node) licenses in a previous sale, you will receive a number of Node Workload NFTs that corresponds to the amount you spent on your CGW Node license in the original sale.

Around midday on March 27th, operators should have received 1 Node Workload NFT for each $1000 spent on the license in the original sale. For example, if you spent $1000, you should have received 1 Node Workload NFT, but if you spent $4000, you should have received 4.


Stay tuned for more updates and the tokenization of other node networks within the GalaChain ecosystem, such as Gala Founder’s Nodes!

Gala Node Ecosystem: Enhancing Rewards and Empowering Operators

Gala Node Ecosystem: Enhancing Rewards and Empowering Operators

A major update was just implemented to the Gala node reward distribution system, ensuring that Gala Node operators are more accurately rewarded for the resources they provide to the growing GalaChain ecosystem

This update is important for the future of Gala’s DePIN (Decentralized Physical Infrastructure Network), which allows the ecosystem to scale with all the decentralized power and web3 security of GalaChain.

A New Era of Distribution

For years, the Gala ecosystem has thrived with the support and computing power of our Founder’s Node operators. To acknowledge and further encourage their support, we’re transitioning to a new distribution system designed to reward the efforts of our node operators based on their operational time.

Gone are the days of the simple pass-fail system. We’re introducing a more dynamic point system that rewards operators not just for meeting a minimum uptime requirement, but for their continuous support throughout the day. This new system is a reflection of our appreciation for our operators who go above and beyond in their contribution to the network’s strength and reliability.

The First Step

This update will initially affect the distribution of rewards for Founder’s Nodes and Common Ground World Nodes, aligning with our long-term plan to enhance the ecosystem’s utility and inclusivity. On the back end, this shift is an important step toward the upcoming introduction of Node Workload NFTs (tokenized node licenses). Transferable and tradable node licenses will level up freedom and control for our valued community of operators. 

Common Ground World Nodes will lead the way in conversion to Node Workload NFTs, just before the addition of the newly announced and game-changing Guild feature described in this blog. Founder’s Node Workload NFTs will be released soon after, paving the way to a more empowering ecosystem for node operators.

Future Updates

We are also fine-tuning additional updates to reward operators who stay current with the latest node client versions. This step ensures our network remains robust, secure, and at the forefront of blockchain technology. If you are a node operator, ensure that you are appropriately rewarded when these updates are implemented by downloading the latest node client here.

Stay Updated

You’ll find full details on the new point system in the blog linked below. Your feedback and participation are what make the Gala ecosystem vibrant and strong as we continue on our journey to onboard the first billion users to web3 tech. Together, let’s build a decentralized future where everyone is rewarded for their contribution.

Forge New Alliances: The Dawn of Guilds in Common Ground World

Forge New Alliances: The Dawn of Guilds in Common Ground World

The Common Ground World team is thrilled to announce and unveil a groundbreaking update to our beloved farming sim game. 

As we continue to nurture and expand the vibrant ecosystem of Common Ground World on GalaChain, we’re preparing to introduce a game-changing new feature that has been highly anticipated by our dedicated fan base: Guilds.

Tied intrinsically to Common Ground World Node ownership, Guilds represent a new frontier. The unique blend of collaboration, strategy, and competition of Guild play will offer an all around game enhancement to our flagship game.

Very soon, Common Ground World Nodes will become the first tokenized Node licenses in the Gala Games ecosystem, as announced in this blog. Following the release of GalaChain’s first Node Workload NFTs, Common Ground World’s Node-powered Guilds are scheduled for release in late April 2024. This update is set to transform how players interact within the digital landscape of Common Ground World.

Building and Guilding: A New Chapter Begins

Any owner of a Common Ground World Node Workload NFT (once minted) will have the opportunity to create their own Guild. This pivotal step involves:

  1. Selecting a Node upon which to form a Guild
  2. Assigning a name for the Guild
  3. Assigning a unique tag for the Guild
  4. Creating a description for the Guild
  5. Gathering up to 20 Guild members to share in the Guild’s benefits

Guild leaders are endowed with the power to curate their Guild NFT Library, which operates essentially like a real library. The Guild Leader may place NFTs within the Guild Library and those NFTs can then be checked out by a single player at a time. This system gives each Guild a new level of maneuverability, cooperation and strategic control, allowing Guildmates to plan and borrow NFTs from the Guild Library as needed to maximize their gameplay.

Screenshot is not final and might not represent the final product

Joining a Guild: Unite for Greater Achievements

The formation of Guilds opens the door for any Gala user without a Guild to join forces with others. By accepting an invitation or applying to a Guild, members can reap the benefits of all NFTs within the Guild Library.

Each Node Workload NFT will represent one Guild, and each Guild will allow up to 20 players. Basically, every worthy and dedicated player who wants to join a Guild will have access to one–They may even face a difficult decision about which Guild to join.

Guild membership amplifies each player’s prowess within the game while fostering a sense of camaraderie and collective achievement, uniting Guildmates through Guild Competitions.

The Competitive Spirit of Guilds

With the incorporation of Guilds into Common Ground World, we are setting the stage for an era of unparalleled cooperation, but also introducing a new level of competition. Guilds will engage in contests that challenge their strategic thinking, teamwork and dedication, giving each Guild regular opportunities to strive for victory within the game’s universe.

Empowering Players & Finding Common Ground

At Gala Games, our mission transcends the mere provision of gaming experiences. We are committed to leveraging the power of GalaChain to redefine the gaming industry, ensuring that players are not only participants but also beneficiaries of the digital worlds they inhabit.

Our early adopters’ patience will certainly be rewarded when it comes to Common Ground World Guilds, which we expect to rouse quickly as a key game feature. The tokenization of Common Ground World Node licenses and subsequent introduction of Guilds are a fantastic example of what GalaChain can do for gaming, and we’re barely scratching the surface.

As we march towards the launch of Common Ground World Guilds, we invite our community to join us in this exciting journey. Your passion, feedback, and engagement are the cornerstones of Common Ground World and its continued success in the Gala ecosystem. Let’s cultivate a world of unity, creativity, and competition, where every player has the opportunity to make their mark and thrive.

Join us every Friday from 8-9am PT for Common Ground World Town Hall, live on Youtube.

Stay tuned for more updates as we approach the Guild launch date. The future of Common Ground World, powered by GalaChain, is bright, and it is our community that lights the way.

Play Common Ground World

Gala Node Ecosystem: Enhancing Rewards and Empowering Operators

Nodes: Enhancing Workload Accountability, Preparing to Mobilize

It’s almost time for an important update to the Gala Node ecosystem that will enhance rewards for the most active operators.

As the Gala ecosystem was building its infrastructure and first proving viability, Founder’s Node operators were rewarded for operation based on their ability to meet the minimum 6-hour uptime requirement during each 24 hour distribution period. This system should be familiar to all Founder’s Node operators today, as it is the system we have used for several years. 

In this current system, 1 point is awarded to each Founder’s Node that has met its minimum uptime requirement for the day. Then the $GALA generated for the day is distributed proportionally to the allocation of the points. This straightforward system provides no incentive for Node operators to support the network by operating their Nodes for longer than 6 hours each day.

We’re looking for node operators who support our vision of building the largest decentralized network in the world, so we devised a solution that would a) remove the minimum uptime requirement, and b) reward those who run their Nodes around the clock.

The Long Term Plan

In 2021, it was first announced HERE (and decided through a decentralized governance vote) that the network would eventually shift to such a system. Amid the excitement of opening GalaChain to external development via tools like the GalaChain SDK and the Gala Creator Portal, as well as the web3 buzz surrounding the March 20-21 GalaChain Hackathon GDC competition, we’re thrilled to announce that the time has come.

These updates will go live soon, switching to the new distribution system and rewarding node operators based on a new point system, described in more detail below.

The Point System

The original point system was “pass or fail” with the operator receiving either 0 points for not meeting the requirements or 1 point for meeting the requirements.

The new point system allows operators to earn partial points, creating a more accurate reward structure based on actual operation time.

Every 6 hour period equals 1 point. Therefore the max points for a 24 hour day is 4.

Another way of phrasing this is through the following formula:

Points = (Seconds Online ÷ 3600) x (4 ÷ 24)

While this point structure is changing, the total amount of $GALA available in the daily distribution will not change, except when a dynamic supply event occurs as described in the Gala Ecosystem Blueprint.

The founders distribution still follows the same formula:

Point Value = Distribution $GALA Amount / Total Points

Reward = Points * Point Reward Value

Founder’s Nodes and Common Ground World Nodes

This change will initially only affect the distribution of $GALA from Founder’s Nodes and $DIRT from Common Ground World Nodes.

For Common Ground World Nodes, the 1 $DIRT received per day for an active node will now be the maximum that a Common Ground World Node will generate when active for 24 hours in a day. A Common Ground World Node that is active for 6 hours will receive .25 $DIRT, and so on.

Next Steps

This update is an important step in the process toward making tokenized licenses called Node Workload NFTs, which will allow Node operators to transfer their Node licenses to other users. Shortly after the start of this new distribution structure, we will convert Common Ground World Node licenses to the ecosystem’s first Node Workload NFTs. The tokenization of Founder’s Node licenses will follow shortly after.

Running the Newest Client

With a future update to this system, modifiers will be implemented that reward additional points to operators who run the newest version of the Node client or reduce points for running a deprecated version of the Node client. These details are still being fine tuned and we will share updates as they become available.

Thank you for supporting the decentralized Gala ecosystem, and we look forward to many more years of building and innovating through the power of GalaChain!

Founder’s Node Governance Vote: Referral Incentive System for Ecosystem Usage

Founder’s Node Governance Vote: Referral Incentive System for Ecosystem Usage

Following extensive conversation with the community and having hosted an AMA in the Founders Node Owner channel, the originally posted proposal has been modified in several ways.

  • Currently, this will apply to all existing referrals, but eventually there will be a point at which they must be “written to chain” via a burn. This will ensure that in the long-term, only those who are active in the ecosystem continue to benefit from the referral system
  • In the end state, referrals will be temporary unless written to chain by a burn. This means that a web2 user can refer a friend and benefit from that referral, but that it will expire unless they “claim” it via a burn in the social dashboard.
  • The time to implement the full version of this is 90 days, rather than the initial 7, due to the added lift on engineering and design for the ability to write all referrals to chain.
  • Rollout will be phased:
    • Two Weeks: Burn rebates for referrers based on burns on ETH.
    • One Month: Burn rebates for referrers based on GalaChain.
    • Two Months: Referral Dashboard v1
    • Three Months: Referral Dashboard v2 + Write Referrals to Chain
  • After this phased rollout, non-chain referrals will begin to count-down towards expiration. 

The remainder of the proposal remains the same. 

Proposal Overview

The core of this proposal introduces a referral system designed to incentivize ecosystem supporting actions. By engaging in token burn activities, users contribute to the ecosystem’s sustainability and incentivize the long-term Founder’s Node support of the ecosystem. In recognition of the importance of community-driven growth, the proposal outlines that when a user (USER C) initiates a burn, the account that referred USER C (USER B)  will receive a reward equivalent to 8% of the burned amount. The account that referred USER B (USER A) will receive the equivalent of 2% of the burned amount. This initiative aims to foster a more engaged and collaborative community, encouraging wider participation in the ecosystem’s development.

This will not impact the Founder’s Node emission rate, but can be looked at as a referral burn rebate for ecosystem supporting actions. 

In the event that there is no referring party, then there would be no referral burn rebate. 

Example:

  • User A refers User B.
  • User B refers User C.
  • User C initiates a burn of 1000 $GALA
  • User B receives a mint allowance for 80 $GALA
  • User A receives a mint allowance for 20 $GALA

Actions which would qualify:

  • Purchase by burn
  • Gas fees
  • Channel establishment fees

Note: All previous referrals would still remain part of this system. If you have referred a user previously and they are a part of your account, then you would still receive the referral bonus based on their gas burning actions.

Key Highlights:

  • Referral Rewards: The introduction of a referral reward mechanism encourages existing ecosystem participants to bring new users onboard, enhancing the network’s robustness and activity level.
  • Incentive Structure: Focusing on on-chain actions, excluding bridging activities, ensures the incentive mechanism is transparent and straightforward. This clarity is crucial in maintaining the integrity and purpose of the incentive system.
  • Implementation Timeline: With a commitment to agility and responsiveness, the proposed system is slated for implementation within 90 days following approval. This rapid deployment timeline underscores the ecosystem’s dedication to innovation and timely enhancement.

Community and Governance Engagement:

Consistent with the ethos of transparency and collective decision-making, this proposal will undergo thorough discussion within the Founder’s Node Operator. There will be at least one AMA on this topic, with extended engagement, to gather feedback ensuring that the proposal is refined and aligned with the community’s vision and needs.

Voting Options:

The voting options are currently as follows, though they may be modified by discussions prior to a governance vote:

Vote Question:

Should the Referral Incentive System be implemented to enhance ecosystem sustainability and community engagement?

Yes: I support the implementation of the Referral Incentive System as proposed, recognizing its potential to enhance ecosystem sustainability and community engagement through incentivized token burns.

No: I do not support the proposal as it stands. I believe that the proposed referral system and token burn incentives may not align with the ecosystem’s long-term growth and engagement goals.

Abstain: I choose to abstain from voting on this proposal. While I acknowledge the importance of community-driven initiatives and ecosystem sustainability, I require more information or am neutral on the impact of the proposed referral incentive system.

This vote will end next Monday, March 18th, 2024 at noon PT.

Conclusion:

This proposal represents a strategic step towards leveraging the Gala Founders Node Ecosystem’s full potential, encouraging active participation, and rewarding contributions that drive the ecosystem forward. Through collaborative efforts and a shared commitment to innovation, the ecosystem can continue to evolve, offering increased value and opportunities for all participants.