Purpose

This article explains why a fee is involved in the conversion or transfer process within the Treasure Chest (Vault).

Assumptions Made

This article assumes the reader understands the information in the following articles:

Procedure

In order to achieve the goal of a completely decentralized platform, Gala Games and Entertainment gave players control over the process of receiving their NFTs and other rewards from the Distribution.

These rewards are placed into the Treasure Chest and NFTs can be used in-game without transferring them out of the Treasure Chest.

If people want to take their NFTs or other rewards out of the platform, they can do so anytime. At the time of writing this article, Ethereum and GalaChain are the only supported networks.

When a person transfers from their Treasure Chest to another network, a network fee (gas) is often required to be paid to execute any transaction. Learn more about Gas.

The greatest feature of the Treasure Chest system is that users can choose when and if they want to transfer things out of their Treasure Chests. Timing is the deciding factor in gas fees related to Ethereum or other networks.

Note: Networks such as Ethereum have fees that are controlled by their respective networks, not Gala Games and Entertainment.