Token Distribution

Token Distribution:

  • Initial offering: 5 million tokens

  • Second offering: 5 million tokens

Collective's Reserves: Following the initial fundraising event 11 million tokens will be released to the Collective:

  • 90% (9.9 million tokens): Reserved for the GG Collective's developmental activities. The precise use of these funds will be decided by community votes in the future. This could include development of indie games, payment of services, additional operational funds for the GG Collective and more.

  • 10% (1.1 million tokens): Retained as a reserve account to ensure the survival of the Gala Collective. The revenue that these tokens accrue can be used if an emergency governance proposal is enacted by the various Department Administrators.

*In the event that not all tokens are sold during the offering periods, leftover tokens will be placed in the Development Fund with use to be voted on by the community.

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