Fundraising Model

Fundraising for the Gala Collective will take place through Seedstarter. Seedstarter is a platform (termed a "funding portal") that levels the investment playing field by allowing non-accredited investors to directly invest in startups with as little as $25. Simply put, Seedstarter is Kickstarter meets investing. Like Kickstarter, Seedstarter allows companies to engage in crowdfunding to raise money, rather than having to trudge down the traditional venture capital (“VC”) route. Unlike Kickstarter, investors are not purchasing a product or donating to the business. Rather they are making a direct investment with the hope of monetary return on their investment.

Initial Token Sale:

• Quantity: 5 million tokens.

• Price: $1 per token.

• Objective: Raising a capital of $5 million.

• Allocation:

  • Asset Acquisition: $4,000,000

  • Operational Expenses: $1,000,000

Asset Acquisition:

The GG Collective's token sale, aiming to raise $5 million, dedicates a significant portion of $4 million towards asset acquisition. This allocation is pivotal in enhancing our capabilities and expanding our footprint in the web3 ecosystem. The scope of asset acquisition is broad, allowing flexibility and responsiveness to emerging opportunities in the web3 domain. Potential investments include purchasing blockchain nodes, acquiring NFT gaming assets from a variety of web3 projects, securing game IP or tools , and even investing in shares of companies that are integral to the web3 landscape. Importantly, the decision-making process for these investments is democratized, with $GG token holders playing a critical role. They have the power to vote on each investment decision, ensuring that our actions align with the collective interests and vision of our community. This governance model not only empowers our token holders but also instills a sense of ownership and responsibility towards the collective's growth and success.

Operational Expenses:

For the GG Collective, operational expenses are going to be dependent on the level of funding received and votes made by $GG Token holders. These funds are earmarked for a variety of essential activities, including compensating the administrators who spearhead our various departments, funding development projects that the GG Collective chooses to pursue, and covering general operational costs like marketing, accounting, and other business practices. What sets our approach apart is the governance model, where $GG token holders have a significant say in how these funds are utilized. They can vote on matters such as specific projects to fund, choosing and compensating hires, and other critical operational decisions. This level of engagement ensures that our operational strategies are closely aligned with the expectations and preferences of our token holders. Changes to Breakdown of Funds: The GG Collective is committed to a fluid and responsive allocation of funds raised through our token sale. While our initial plan designates $4 million for asset acquisition and $1 million for operational expenses, we recognize the dynamic nature of the web3 environment and the importance of adaptability. In line with our governance model, the specific distribution of these funds is not rigidly fixed. Our $GG token holders wield the power to reshape this allocation. Through our community-driven voting process, they can propose and decide on adjustments to the financial distribution between asset acquisition and operational expenses. This ensures that our financial strategy remains aligned with the evolving priorities and insights of our community, fostering a truly collaborative and adaptable approach to managing the collective's resources. Scalability of the fund allocation: The GG Collective's financial strategy is designed to be inherently scalable, directly correlating with the actual capital raised during our token offering. We acknowledge that the level of funds raised could vary, and our plan is built to adapt accordingly. For instance, if we achieve 50% of our maximum target, raising $2,500,000 instead of the full $5 million, the allocation for asset acquisition and operational expenses will adjust proportionately. In such a scenario, $2,000,000 would be allocated towards asset acquisition, while $500,000 would be set aside for operational expenses. This proportional scaling ensures that our resource allocation remains balanced and effective, regardless of the total amount raised. It also maintains the integrity of our strategic focus, ensuring that both asset development and operational management are adequately funded in line with the community's investment.

Second Token Sale (12 months post the initial sale):

• Quantity: 5 million tokens.

• Price: $1 per token.

• Allocation: The raised funds' allocation is at the discretion of the Collective, possibly towards acquiring more nodes or investing in gaming assets, contingent on the associated games' developmental phase.