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Let the retard crypto zeitgeist tell it, FUD means asking any logical question about a project. Why does the average anon hate honest analysis so much? Because they know 99% of this shit is built on hype, and if people start asking questions, a lot of shit would just fall apart.
Is Gala Games one of those shits? Hmmm...
My Gala Credentials
So you know I know what I'm talking about and I'm not just running my damn mouth.
I'm a Founder's Node owner, bought a while back for 4 digits. The "price" of these nodes is now high 5 digits, brushing on 6, but that's really just smoke and air for now. Put a pin in that.
I have other Gala assets, including music nodes, plural. I refuse to get a Film node until these fuckin Gala staff weenies come out of hiding and answer these questions that nobody seems to be asking. Nobody asks! Fuckin children. Just a bunch of "a duhh duhr I trusts the team" bullshit going on in the Gala Games Discord and on Twitter. Garbage.
The Very Real Shutdown Question
Companies that refuse to use crypto to expand beyond the western financial zeitgeist all have a killswitch that can get pulled anytime. I've seen numerous crypto projects forget this fact, get their card pulled, and die almost instantly. They may try to keep the party going, using the most loyal supporters as chum, but those efforts invariably fail and bankrupt said chum.
For example, it's no surprise to me that NFTWorlds came out with some goofy new "Genesis Characters" NFT like after Mojang pulled the plug on their Minecraft free rider bullshit. NFTWorlds may not be a traditional "company" in the sense of having a CEO and traditional structure, but they based their entire existence on their association with Mojang. Mojang apparently didn't want to deal with the politics of having P2E servers, so they just cut the cord. And just that quick, 10 ETH NFTs became 0.5 ETH NFTs and people lost small fortunes. (In some countries, large fortunes.)
So just being associated with a western based business can be fatal for a project. And here we have Gala Games, which sits proudly in the fuckin belly of the beast in California. Not California with a Wyoming or Bahamas or Cayman or Singapore subsidiary to protect investors against some bullshit politics like overnight declaring shit like $GALA to be a security and halting distribution for node owners. Just plain ol' California.
How many node owners do you expect to continue running nodes if rewards just*snap* stop? And if those nodes stop, does the notion of a decentralized gaming company stop with it? What happens then?
So far, the extent of protection has been the CEO's solemn declaration that no one should expect to profit from the work of others here at Gala!If you say it you might even get banned from chat! Same thing Richard Heart says about Hex. But you'll notice Richard is at least smart enough to live outside of the US, not ground his business in the US, and keep his everyday location a secret.
And if the international banking cartel decides to force government to act upon tokens like $GALA, no stupid little declaration is going to save your distribution, node owner. Fat lot of good all that righteous talk of decentralization did for the Tornado Cash developer.
No Customer Service
So Gala expects you not to expect profit from their work, but they sure want you to buy their nodes and music and NFTs, though. I honestly think Gala functions this way specifically so they don't have to spend any money on customer service. And believe me, they don't. Should you have a technical problem or general question, your answers are provided through speculation with other similarly ignorant speculators in the Gala Discords. This speculation continues until the team decides to announce something. Most of the time, the announcements have nothing to do with your questions — they are just hyping up the next release you can buy from them.
So is Gala a company or not? Like, I don't expect any customer service from Bitcoin. But Gala has a Linkedin page. With employees. And a physical location for its offices. So WTF.
The Products
Snoop Dogg seems like a cool person. So does Steve Aoki. I can't think of a worse pair of "musicians" to head up a brand new music "label."
Both Snoop and Steve have transcended music to a degree, perhaps Snoop more than Steve. Their ubiquitous celebrity means they aren't focused on music as a central tenet of their daily business. The songs they come out with on behalf of Gala reflect this. [Read: They SUCK.] Anyway, if you're going to come out with games that are obviously aimed at a more Asian market, why shouldn't your music label follow suit? Do you know how on brand and super COOL it would be if Gala were to have a video game music legend like Nobuo Uematsu head the label? I don't know Uematsu's schedule, but there are others like him with similar pedigree.
And no, Aoki doesn't count! He's ethnically Asian, but he makes music for the whitest of westerners! And his shit definitely doesn't have shit to do with video games!
As for the games, I think Spider Tanks is cool. They've got some other cool stuff. I can't say the product is bad, but I can say their NFTs aren't worth shit. There is no market for most of them, unless you luck out and get a super rare — so if you play, you're definitely expecting not to profit from the work of others, lol. But there's no way I'm investing in Film based on their promises. To be clear, the team is technically proficient. Crypto gives you cookies for that; for me, that's a baseline. I'm here to be a super early investor in companies that will change the world and my pocketbook. Once gets settled, I'll be glad to sit down and play these games with the worthless NFTs. All damn day. Which leads us to...
The Money
There's a reason Gala has been stuck at approximately 41000 Founders Nodes sold of 50000. The price now is around $95,000 for a node that is producing around $8 of daily revenue right now. Garbage. [Note: If $GALA increases in price, this daily output will increase. But there's no indication it will.] It's fine if you were super early (and super smart and super handsome) and bought in at $3000 or so. You've already ROI'd and have the ability to wait on the team's nebulous promises to be fulfilled.
But there's no way I could EVER tell anyone to buy a node now. First, there's no market for them. So all of this "equity" you supposedly gained as the price for unsold nodes increases is untouchable. You can't sell it.
I take that back. You can sell it P2P if you can find someone, I suppose, just like you can sell anything P2P as long as there's someone who's willing to trade with you. I've been looking just for fun. Nobody is buying.
Music nodes pay nothing, and there is no indication of how they will pay. Another "trust the team" moment. And Film — like I said, there's no way I'm doing Film until I get some answers on Music.
And getting back to Music. How in the fuck are you supposed to ROI with this shit music they offer? October London is Snoop's unknown artist. Music nodes only allow you to profit (in the future, not now) off of songs they sell you to pair with their nodes. So node owners are reliant on Snoop and Gala to make October London a star. WTF, when Snoop can't even sell out some of his NFT collections, how do you expect Mr. London to?
Let me stop here. Perhaps someone has some answers to these questions before I have to dig deeper and come out with a part two.
Make $1000/Day in NFTs — https://twitter.com/alucard0x
