Understanding Early Access Timing
Early Access for Gala Music NFTs begins one hour before the open public sale. If a public sale is scheduled for 1 pm PT, the early access sale opens at 12 pm PT. This one-hour head start can be crucial, especially for the most sought-after NFT releases, which are limited to just 100 copies.
Unless otherwise noted, every Gala Music NFT release includes a one hour early access sale period for Loyalty Pool contributors.
Loyalty Pools: Your Key to Early Access
Early sale access is granted through the Loyalty Pool system. By locking your $MUSIC tokens in support of your favorite artists, you unlock exclusive benefits, including early access to the NFT sale. This system is all about showing your loyalty without losing control of your assets—you’re not spending your $MUSIC; you’re simply holding it in specific support of an artist.
To get started, visit the Loyalty Pool Hub. Here, you can choose which artists to support by contributing to their Loyalty Pools.
How Contributions Work
Contributing to an artist’s Loyalty Pool is different from tipping. While tipping involves transferring $MUSIC to the artist, contributing to a Loyalty Pool allows you to keep your $MUSIC.
Unlocking Loyalty Pool Levels
There are currently two levels in the Loyalty Pool system that offer benefits:
- Level 2: By holding at least 500 $MUSIC in an artist’s pool, you gain exclusive Discord access, early track sale access, and a 5% discount on NFT tracks from that artist.
- Level 3: With at least 1000 $MUSIC held, you unlock all Level 2 benefits plus additional perks that are at the artist’s discretion.
Planning Ahead for Early Access
To ensure early access, you need to hold your $MUSIC in an artist’s Loyalty Pool at least 20 hours before the NFT release. The system takes a daily snapshot at 5 pm PT to determine who has access for the next 24 hours. Planning ahead is crucial, especially if you’re eyeing a high-demand release.
Flexibility and Strategic Contributions
One of the best features of the Loyalty Pools is the flexibility they offer. You can add or remove your support for artists at any time. This means if you only have 1,000 $MUSIC, you can strategically reallocate it between different artists’ pools, gaining early access and discounts on various track releases. A little planning goes a long way in ensuring you never miss out on your favorite releases.
Maximize Your Benefits
By consistently supporting your favorite artists through Loyalty Pools, you not only get early access to certain sales, but also enjoy discounts and exclusive community interactions. Whether you’re looking to support up-and-coming artists or secure rare NFTs, the Loyalty Pool system is your gateway to becoming a Gala Music superfan.
Remember, the more strategic you are with your $MUSIC, the more benefits you can unlock across the platform. Keep an eye on upcoming tracks, plan your Loyalty Pool contributions accordingly and enjoy the perks of being ahead of the curve in the Gala Music ecosystem.
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FAQs
Q: What is the purpose of the Loyalty Pool system on Gala Music?
A: The purpose of the Loyalty Pool system is to grant early access to NFT sales by locking $MUSIC tokens in support of favorite artists.
Q: How can I unlock different levels in the Loyalty Pool system?
A: Different levels in the Loyalty Pool system can be unlocked by holding a specific amount of $MUSIC in an artist’s pool.
Q: What benefits can I expect from contributing to an artist’s Loyalty Pool?
A: By contributing to an artist’s Loyalty Pool, you can gain early access to NFT sales, discounts on tracks, and exclusive community interactions.
Credit: news.gala.com
