Luisa Crawford
Nov 15, 2024 08:00
Gala Movie is ready to launch its new token, $FILM, on December 5, 2024, aiming to rework the web3 leisure panorama with its blockchain-based platform.
Gala Movie, a pioneering platform within the web3 leisure sector, has introduced the launch date for its new token, $FILM. In accordance with Gala Information, the token era occasion (TGE) for $FILM is scheduled for December 5, 2024. This improvement marks a big step in Gala Movie’s mission to reinforce the visible storytelling expertise by means of blockchain know-how.
The Web3 Leisure Revolution
Gala Movie is constructed on GalaChain, a blockchain tailor-made to satisfy the calls for of the leisure business, together with video games, music, and movie. The platform gives a novel ecosystem the place content material is free to observe, and followers can earn rewards by means of numerous types of participation. The $FILM token will function a reward and utility token inside this ecosystem, permitting customers to help initiatives, unlock unique content material, and have interaction in decentralized video manufacturing.
Participation and Rewards
On this revolutionary mannequin, customers can earn $FILM by taking part within the Gala Movie community. The platform guarantees to reward viewers not only for their engagement but in addition for his or her help of particular initiatives. By proudly owning Gala Movie NFTs, referred to as Moments, followers can acquire a share of the $FILM rewards generated by the content material’s success on the platform. Moreover, neighborhood members can function Gala Movie Theater Nodes, contributing to the community’s decentralization whereas incomes rewards.
Empowering Creators
On the coronary heart of Gala Movie’s imaginative and prescient is the empowerment of creators. The platform goals to democratize movie funding and manufacturing, permitting anybody with a artistic imaginative and prescient to convey their initiatives to life. With the $FILM token, Gala Movie intends to facilitate a brand new period of decentralized content material creation, providing alternatives for creators to pitch and develop their initiatives independently.
Transition from POPCORN!
All through 2024, the placeholder token POPCORN! has been used inside the Gala Movie neighborhood. With the anticipated TGE, customers will be capable of convert their collected POPCORN! and POPCORN! Buckets into $FILM at a set fee. This transition signifies the beginning of a brand new part for Gala Movie, because the platform prepares to completely combine $FILM into its ecosystem.
Because the launch date approaches, additional particulars in regards to the conversion course of and the token’s functionalities can be shared by means of Gala Movie’s official channels, together with their Discord neighborhood and social media platforms.
Picture supply: Shutterstock
