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 single units of POPCORN! are awarded directly to users, rather than in buckets. This change will occur after all outstanding POPCORN! Buckets have been distributed to operators of Theater Nodes from before the launch.
While RZR is currently the only series on the platform, the NFT owner portion of all available “content incentive” rewards will be distributed to RZR Moment owners. As more content is added in the future, these rewards will be distributed based on the popularity of each program.
In the long term, these rewards will be issued as $FILM, directly to owners’ accounts. Until the token generation event of $FILM occurs, rewards will be issued through the placeholder token, POPCORN!.
Once $FILM is created and distributed, it will be available to holders of POPCORN!, with an exchange rate of 1 POPCORN = 10 $FILM*.
*These details are subject to change and can be found in the Gala Film Litepaper.
POPCORN! Buckets
During the development stages of the Gala Film platform, POPCORN! was used to reward operators of Theater Nodes. POPCORN! Buckets were distributed and also found in some Common Ground World Mystery Boxes, which are no longer available for purchase. Operators received POPCORN! daily when their Theater Nodes were active for the required 6 hours. Additionally, a streak system was in place to reward operators who used their nodes consecutively.
After the platform launch, both NFT owners and Node operators will receive single units of POPCORN! instead of buckets. POPCORN! Buckets will no longer be issued, and when $FILM is generated, all POPCORN! will be redeemable for $FILM.
Here is the breakdown 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 in your Collection until the $FILM token generation event, where owners can exchange POPCORN! Buckets for $FILM, along with additional streak bonuses.
POPCORN! That Never Goes Stale
Your Gala account can hold all the POPCORN! you collect. Start gathering RZR Moments and consider becoming a Theater Node operator to support the future of film!
Extra Action
In addition to collecting Moments and operating Theater Nodes, certain “Ecosystem Supporting Behaviors” will allow you to earn POPCORN!, including opportunities with the RZR premiere and platform launch!
Refer to the Gala Film Litepaper for more details!
FAQs
Q: How can I earn rewards as a Gala Film user?
A: Users can earn rewards by owning RZR Moment NFTs, operating Theater Nodes, and engaging in Ecosystem Supporting Behaviors on the platform.
Q: What is the exchange rate for POPCORN! to $FILM?
A: The current exchange rate for POPCORN! to $FILM is 1 POPCORN = 10 $FILM*
*Exchange rates are subject to change.
Credit: news.gala.com
