Gala Games Introduces $TREZ Litepaper with New Ecosystem Incentives

Gala
Games
has
announced
the
release
of
the
$TREZ
litepaper,
which
outlines
the
future
plans
and
economic
incentives
for
its
Telegram
mini
app
gaming
ecosystem.
According
to

Gala
News,
$TREZ
is
set
to
become
the
official
token
of
the
ecosystem,
designed
to
enrich
and
incentivize
user
interaction
within
Gala’s
web3
games.

Introduction
to
$TREZ

The
$TREZ
token
will
play
a
crucial
role
in
Gala’s
new
“tapper”
genre
of
Telegram
mini
app
web3
games.
The
initial
publication
of
the
litepaper
lists
games
such
as

Treasure
Tapper
and

Music
Coin,
with
the
potential
for
more
games
to
be
added
in
the
future.
The
token
generation
event
(TGE)
for
$TREZ
will
see
it
minted
on
GalaChain,
the
TON
Blockchain,
or
a
combination
of
both,
with
a
maximum
supply
of
100
billion
tokens.

Incentive
Mechanisms

The
litepaper
details
a
comprehensive
reward
system
for
$TREZ,
including
seasonal
and
daily
distributions.
$TREZ
will
be
accumulated
by
completing
goals
and
tasks
within
Gala’s
Telegram
mini
app
games.
These
rewards
aim
to
boost
user
engagement
and
expand
the
ecosystem.

Seasonal
Rewards

The
$TREZ
token
will
be
distributed
on
a
seasonal
basis,
with
the
length
of
each
season
varying.
During
each
Distribution
Season,
a
portion
of
the
total
$TREZ
supply
will
be
emitted
to
users
based
on
a
point
system.
Criteria
for
seasonal
rewards
include:

• In-game
  Coins
  Collected
• Rewards
  per
  Hour
• Number
  of
  Direct
  Referrals
• Number
  of
  Secondary
  Referrals
• Creation
  of
  Gala
  Account
• Number
  of
  Challenges
  played
• Gala
  Store
  Spend

Future
seasons
may
also
feature
mission
upgrades
and
in-app
purchases
that
allow
users
to
earn
more
distribution
points
or
spend
(burn)
$TREZ
for
additional
benefits.

Daily
Rewards

Daily
distributions
of
$TREZ
will
be
based
on
in-game
tasks
and
leaderboard
placements.
Criteria
for
daily
rewards
include:

• In-game
  Coins
  accumulated
• Daily
  tasks
  completed
• Daily
  matches
  and
  rematches
• Daily
  referrals
• Daily
  play
  time
  (app
  open)

These
daily
rewards
aim
to
encourage
continuous
interaction
with
Gala’s
$TREZ-associated
apps.

Broader
Ecosystem
Impact

Gala
Games,
launched
in
2019,
has
quickly
risen
as
a
leader
in
web3
entertainment,
expanding
into
music
and
film.
GalaChain,
the
L1
blockchain
developed
by
Gala,
offers
speed,





scalability,
and
security,
and
has
been
opened
to
external
developers
with
a
powerful
self-service
portal
and
SDK.

The
introduction
of
$TREZ
is
expected
to
further
enhance
the
user
experience
within
Gala’s
ecosystem,
particularly
through
its
Telegram
mini-app
games.
By
leveraging
a
mobile
messaging
platform
used
by
nearly
a
billion
users
worldwide,
Gala
aims
to
simplify
the
onboarding
process
for
new
web3
users.

With
the
release
of
this
litepaper,
Gala
sets
the
stage
for
a
new
wave
of
innovation
and
engagement
within
its
ecosystem.
The
tokenomics
of
$TREZ
are
designed
to
not
only
incentivize
interaction
but
also
foster
a
more
vibrant
and
active
community.

Image
source:
Shutterstock