Purpose
This article aims to provide information about Gala Film's POPCORN and its upcoming conversion to $FILM tokens.
Assumptions Made
This article assumes users understand the information in the following articles:
What is the Gala Games and Entertainment Ecosystem
Summary
Users who contribute to the Gala Film Ecosystem are rewarded in POPCORN. This enables early network supporters to earn rewards, which will be converted to a $FILM token when released.
Currently, there are various ways to earn POPCORN:
- Run a Theater Node or Founders Node
Nodes must meet the required uptime to qualify for distribution. - Get Popcorn Buckets
Users can get buckets by opening a Film Mystery Box. - Hold Moments
Users can collect Moments by opening Moment Packs. - Collect Scenes to boost rewards
Users can complete a scene by gathering Moments. - Become a Gala Film Creator or Publisher
During the Token Generation Event, all existing POPCORN will be converted to $FILM tokens at a 1:10 ratio, with additional bonuses for larger POPCORN holdings. After the launch of the $FILM token, POPCORN will no longer be distributed and will cease to exist once all users have exchanged their POPCORN for $FILM.