GALA NODE NEWS!
“NEW PRICING INCREASE MODEL
AS MANY OF YOU KNOW, GALA GAMES FOUNDER’S NODES HAVE ALWAYS BEEN SET TO INCREASE IN PRICE AT THE RATE OF $100 FOR EVERY 100 NODE LICENSES SOLD (EACH TIER).
BEGINNING ON OCTOBER 1ST (00:00 UTC), EACH NEW TIER WILL TRIGGER A $500 PRICE INCREASE INSTEAD OF $100.
FOR EXAMPLE, IF THE CURRENT TIER HAS NODE LICENSES PRICED AT $17,000, THE NEXT TIER’S PRICING WILL BE $17,500 PER NODE LICENSE.
UNDER THIS NEW TIER PRICING SYSTEM, NODE LICENSES WILL BE CAPPED AT A PRICE OF $100,000 PER NODE WHEN THE FINAL FOUNDER’S NODE LICENSES ARE SOLD. “ FULL ARTICLE HERE.
GALA HAS BEEN GETTING A LOT OF ATTENTION THIS PAST WEEK. THEY JUST RELEASED SOME MORE! THE PRICE OF THE GALA HAS JUMPED UP BY MORE THAN 100%, THANKS TO BINANCE. IT IS WILD TO SEE WHAT THE LAST YEAR HAS BROUGHT US IN THE NFT AND METAVERSE SPACE. LAST YEAR GALA WAS OFFERING NODES FOR THE PRICE OF ABOUT 500 USD.THE PEOPLE WHO BOUGHT THEM HAVE REAPED INCREDIBLE REWARDS. I KNOW PEOPLE WITH 8 AND AT THE TIME THAT WAS ONLY 4000. TO PUT THAT IN PERSPECTIVE NODES ARE NOW SELLING FOR CLOSE TO 16000 USD, AND THAT IS NOT EVEN CONSIDERING HOW MUCH GALA EACH NODE HAS PUT OFF IN REWARDS FOR SUPPORTING THE GALA NETWORK. IT STILL IS A GOOD OPPORTUNITY IF YOU HAVE THE LIQUID TO BUY ONE. GALA IS FORMING AN ECOSYSTEM OF GAMES THAT WILL ALL OUT OF NFTS AND REWARDS THROUGH THEIR NODE SYSTEM. THERE ARE STILL T ACQUISITIONS, GAMES THAT MAY HAVE THEIR OWN COINS THAT WE DON'T KNOW. AT MINIMUM WE KNOW THEY WILL ONLY BE OFFERING $50,000 FOUNDER NODES AND WHEN THAT LAST ONE SELLS OUT IT WILL BE WORTH, ACCORDING TO THE GALA $33,000.
A FEW THINGS TO KEEP IN MIND. AS MORE GALA NODES COME ONLINE YOU GET LESS REWARDS IN GALA COINS. WHEN NODE PRICES WERE STILL UNDER 2000.00 AND LESS NODES WERE ONLINE, THE GALA REWARD FOR ONE NODE WAS ABOUT 5000GALA. NOW, WITH OVER 14,000 NODES ONLINE REWARDS ARE ABOUT 550 GALA COINS A DAY. WITH THAT SAID, GALA WAS PRICED MUCH MUCH LOWER A YEAR AGO AND WITH THE LISTING ON BINANCE LAST WEEK THE PRICE IS CURRENTLY .10. WITH 550 GALA COINS A DAY AT .10, THAT IS 56 DOLLARS USD A DAY, THAT IS $1,690 A MONTH. NOT BAD, NOT BAD AT ALL. WHILE THIS IS ALL AMAZING, GALA DOES PLAN TO FORK THE REWARDS NEXT YEAR SO GALA REWARDS MAY GO DOWN. HOWEVER, THEY WERE SUPPOSED TO DO THAT EARLIER IN THE YEAR. THEY PUT A VOTE UP FOR NODE OWNERS AND THEY DECIDED TO KEEP REWARDS AS IT IS. SO WHO KNOWS WHEN THAT MAY ACTUALLY HAPPEN. ALSO, TOWN COIN IS COMING, SO I EXPECT TO SEE REWARDS TO NODE HOLDERS. IF YOU ARE INTERESTED IN WHERE THE NEXT PHASES WILL BE HERE IS A LINK AND ARTICLE BY GALA THAT EXPLAINS A LOT ABOUT THE FUTURE OF THE NODES.
WE ARE ALL STILL EARLY ADOPTERS IN THIS SPACE. STILL, THE MAJORITY OF PEOPLE I TALK WITH ABOUT CRYPTO OR BLOCKCHAIN GAMES HAVE ACTUALLY NO CONCEPT OF NTFS OR THE METAVERSE. IT IS SUCH ABSTRACT CONCEPT TO THEM THAT IT IS BRUSHED OFF BECAUSE PEOPLE CANNOT PROCESS IT. THAT MAKES US TRAILBLAZERS AND VISIONARIES. LEARN ALL YOU CAN AND EARN ALL YOU CAN. PASSIVE INCOME STREAMS BIG OR SMALL ARE WHAT WE ALL STRIVE FOR. HAPPY HUNTING!
