Gala

$GALA

Gala recently announced the launch of Gala V2, which brings about a host of improvements to the table, such as security enhancements, enhanced burn mechanisms as well as potential future upgradeability. IMO, Having upgrades to current tokenomics and projects are generally a good thing moving forwards, especialy since the industry is constantly moving and changing.

However, apart from the date of airdrop (May 15th), there has been no other information on the specifics of what the upgrade brings to the table. Hopefully the team provides more details on burn mechanics, enhancements and how the improved GALA tokens would be beneficial for the platform, especially since the token is primarily used as a medium of exchange either via transactions or purchasing of digital assets.

Another question I would have is what would happen to the original token post airdrop, and if it will still retain value.

It would also be further interesting to see if they have a roadmap on building up their own Layer 2 platform, to further improve scalability, as I believe they have a strong platform against competitors such as Immutable.

Side note - if you currently have $GALA on exchanges, move them to ERC-20 wallets such as Coinbase Wallet and Metamask before the screenshot! Show Less

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