- Users that already have GALA in an Ethereum wallet don’t need to do anything.
- The team has recommended users withdraw GALA tokens from any liquidity pools.
Gala Games, a Web3 gaming project, has announced in a blog post that on May 15th, all GALA token holders will get a free upgrade to GALA v2 tokens via airdrop. There will be a one-to-one exchange rate for all users, and the GALA v1 token will be abandoned immediately. Users that already have GALA in an Ethereum wallet don’t need to do anything.
Since tokens left in a liquidity pool will be airdropped and the GALA may be irretrievable. The team has recommended that users withdraw their GALA tokens from any liquidity pools or smart contracts before the snapshot on May 15.
Includes New Features
The company “strongly recommends” keeping tokens in a personal wallet. In order to guarantee that the drop is given directly to the holder. Despite having contacted exchanges to ensure a seamless transition. The upgraded Ethereum smart contract includes new features. These include better burn mechanisms, more security, and the possibility to be upgraded in the future.
Launching games like The Walking Dead: Empires and Spider Tanks, Gala Games is a massive undertaking in the world of Web3 gaming. Gala Film, a Web3 entertainment platform, is only one part of a larger ecosystem. The GALA token is the primary means through which users acquire ecosystem digital assets.
The airdrop follows the announcement that Danny Trejo, Mena Suvari, and Emilio Rivera would all be making appearances in the Web3 TV series “RZR,” produced by Gala Film. The eight episodes take place in a futuristic Los Angeles where the criminal underworld is heavily involved with crypto and AI.
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