Gala Node Overview and Setup:
OVERVIEW
- Website: Gala
- Node Status: Mainnet
- Token: 1 GALA = ~$0.025 USD (Mar 30 2021)
- Cost to Acquire Node License:
- ~$9,000 (MAR 30 2021)
- Price increases $100 when 100 more nodes are purchased
- Max of 50,000 Founders Nodes, then a different class of nodes will be available
- Setup Complexity: 2/5 – Purchase license, install a file (Windows) or copy/paste a few lines of code (Linux). No troubleshooting required.
- Rewards:
- ~900 GALA reward per day at current node license distribution (MAR 30 2021)
- GALA rewards are distributed across all GALA node owners, so they go down a tiny little bit when new nodes are purchased.
- As the price of a node license slowly increases, the rate of new nodes being purchased might decrease, reducing the rate at which the GALA reward decreases
- Notes:
- As with any early project, increased value is anticipated as project matures and user base grows.
LINUX RECOMMENDATION
- Hosting Provider: Digital Ocean (this link grants you $100 in credit valid for 2 months)
- Cost per Month: $6
- Server Setup: Create a Droplet with specific settings:
- Node Setup:
- Purchase node at Gala’s website
- Click “My Node” or go to https://app.gala.games/nodes/buy
- Click “Buy Now”
- If necessary, send the appropriate amount of ETH, GALA or BAT to your Gala account
- Complete the purchase
- Wait for your license
- Click Profile image in the top right
- Click “Account”
- Click “Node Info”
- Wait for the page to show you that you have 1 node license
- Install and launch your node:
- Install and launch your node
- In your Digital Ocean account, click on your server name. Then click “Console” in the top right corner.
- Paste curl https://static.gala.games/scripts/gala_node_setup.sh | sudo bash
- Hit Enter
- Follow the prompts
- Check that your node is running successfully:
- Paste systemctl status linux-headless-node@1.service
- Hit Enter
- Double check that your node is running successfully:
- On the Gala website:
- Click Profile image in the top right
- Click “Account”
- Click “Node Info”
- Ensure there is green text at the top that says you have 1 node running
- On the Gala website:
- Rewards are distributed each evening. To confirm you received your reward:
- On the Gala website:
- Click the globe icon in the top right
- Your daily distribution will show
- On the Gala website:
- Purchase node at Gala’s website
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