Run a node on GalaGames and earn passive income

You will see, it will take 15 minutes maximum.

First, we will simply remind you that by running a node, you will participate in network security GalaGames. So, you receive “points” as rewards for your work. This can take the form of NFTs, game items but especially GALA tokens.

I remind you that the price of nodes will always increase over time. Just a month ago, it was worth around $16,000.

Today, it costs more than 83,000 GALA or more than $50,000. It's clearly not for all budgets. Just know that the first to arrive were able to get nodes for a few thousand euros.

The big advantage of Nodes over Gala is that there will only be 50,000 of them in total. The last Node will be sold for more than $100k… You can also resell your nodes and convert them into NFT and resell them on secondary marketplaces.

We share this tutorial here mainly to understand how it works.

How to get a node?

To create a Node, you must follow the following steps:

Step 1/ Create an account on Gala;

• Create account Gala and enter your information such as email and password. and save your wallet. The 12 words of the mnemonic phrase saved securely. Then, you can add your transfer code (this is a second password that will also need to be secure). Finally, you can also add 2FA protection to secure your account.

You can use our sponsor code: 619898f97607524cf4a78e29

Step 2/ Sending cryptos to your wallet.

• You must send GALA, BAT or even ETH (for transaction fees) to your account wallet.
• You will need an account vultr to have a VPS (or choose another provider of your choice).

Step 3/ Go to the “create a Node” tab.

• There, once you have the requested Gala amount and the ETH fees, then you can buy the Node.
• You can buy GALA tokens on Coinbase, Kucoin, etc.
• There is your wallet with a QR Code to know your deposit address.
• You will receive a confirmation email telling you that you have paid for the Node

Step 4/ Run your Node and VPS

• Now go to “Info” and download the files to Gala according to your computer. You will have the choice for a Windows, Mac, etc.
• There you need to create your account vultr because understand that if your computer is turned off, then the Node will shut down. You will not receive rewards. This is why you need to rent a server online that works 4/24.
• Looking You can receive $10 for free when you register.
• Select the cheapest server, $5 per month will be more than enough.

You will see a progress bar. Wait until the setup is 100% complete.
You can find the following important information about the VPS later.

Step 6/ Install files and let node run

• Download PuTTY for Windows
• Install PuTTY. Select Package Files (32 or 64 bit).
• Start the PuTTY app
• Paste the IP address of your VPS here
• In Connection then Data, you can write the username: root
• Click “open” and you can now connect directly to your VPS computer!
• The username is root and enter your password which is generated when creating the VPS. Just copy and paste.

Step 7: Follow the Gala Node instructions

• Now install the Node and download it software : https://static.gala.games/scripts/gala_node_setup.sh and press Enter.
• In a few seconds you will be asked to enter your Gala email and password.
• And congratulations!
• Your Gala node is active! You can enjoy passive income.

Final word on installing a Node Gala

Your rewards received daily under the Node tab. You will see the points you have earned each day.

In fact, rewards are distributed once a day around 02:15 UTC time. It is an algorithm that randomly manages distributions. There is a article on the subject to find out more.

Please note that as of March 8, 2021, running a Node allows you to earn this:

• The Node cost $7500 (Ahlala, if we had known that sooner!)
• Rewards: 980-1093 GALA per day per node
• So, that's 1093 GALA * $0,03 per GALA = $32,79 per day
• $983,7 per month in March.
• Today, GALA token is worth $0,60…
• Node executors got rich with a nice passive income simply with a starting capital of $7500..

The ROI is amazing, isn't it?

Please note that Node prices are indexed to dollars and this increases by $100 for each 100 nodes sold.

Today, of course, the nodes cost $50,000 but the interesting point is that they can be resold on the secondary market.

• Read the article in English on Medium on which we based ourselves to write this article

The role of the Nodes on Gala:

To conclude this tutorial, we will explain the nodes in a few lines. Thus, node executors are then rewarded. They are there to secure the network with points. The dots represent NFTs and Gala tokens. The Gala ecosystem is made up of a triple proof system:

• Proof of work (This is called “Founder Nodes”. These are level 1 nodes that are represented by 50,000 NFTs. They are the first supporters of the network. They will receive the NFTs of all future games and Gala.
• Proof of stake: These are nodes paid for specific games via a smart contract rental function.
• Proof of storage: These are free nodes that allow games to be hosted across the entire node ecosystem. The result? Gala is not dependent on centralized hosting solutions like those of Amazon S3, for example…

Personally, we are won over by Gala, the games and how they work ;)

At the top 😉

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Note: No financial advice is given in this or any other article on zonebitcoin. This is information of which you are the sole judge and master. Be responsible with your investments and only invest as much as you are willing to lose.

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