If you sell crypto the wrong way you can lose more than half to taxes.
Imagine making $200K and sending $110K straight to the IRS.
Here is how wealthy investors keep their profits legally 👇🧵
COINBASE, AMONG OTHER CRYPTO EXCHANGES, ARE RIPPING PEOPLE OFF WITH MIND BLOWING FEES‼️
If Binance can keep such a low cost, why do Coinbase and others rip their users off when they try to withdraw their crypto? It’s highway robbery!
This right here. 👏🏾 Thank you @ChairBandit for putting together such thorough and honest feedback. @GoGalaGames – I hope you’re paying attention. There’s still a long road ahead, but this is a great map.
Congratulations to @GoGalaGames for finally launching a somewhat functional exchange for GalaChain.
A few notes though that I truly hope you'll consider and look to improve upon:
DEX Visibility & Liquidity: Why build a proprietary GalaChain only DEX when you could have partnered with @Uniswap or @oniexchange. Either likely would have provided a significantly larger userbase and better visibility and enticement to trade GalaChain tokens. Oniexchange is literally building this already (and is much father than https://t.co/tYwvTbOlAe to try and help you, work with them instead of having pride get in the way and thinking you have to build it yourself to be worth having.
Lack of LP Incentives: Every DEX worth its salt on the market today not only allows for LPs to collect trading fees, but also offer a number of other rewards for participating in the pool. Why don't you have anything like this?
Closed Wallet Ecosystem: With so many tried and true web3 wallet options, why did you make your own that only works with Gala instead of partnering with or developing GalaChain functionality on a number of other web3 wallets. Again, this would have provided better visibilty on GalaChain trading.
User Experience: Please get someone that gives two shits to play with the DEX for even an hour and they'll give you a list of at least a dozen different things you could do to significantly improve UX. It seems the goal was more to get this out the door than it was to release an attractive and exciting product. If you'd like to hire me for a one-off project, I'd be more than happy to assist you with this and help get it in a better place than it is currently.
Public GalaChain Development: @Benefactor0101 I've seen you say anyone can publicly develop whatever they like on GalaChain. I don't know if someone lied to you or explained it poorly, but the fact of the matter is, no they can't. Please actually open up GalaChain for public development that doesn't require Gala's direct blessing and support to be able to even start. I've seen a number of people want to develop on GalaChain just to get stonewalled and not let in the front gate. What do you have to lose by letting people in to build these things FOR you?
You're shooting yourselves in the foot by acting like if you build it, they will come. They won't. There are many others in this space that don't have this attitude, are putting out top tier products, and are collaborating with everyone and anyone they can get to respond to a DM.
As always, I would be more than happy to hop in a call with any and all Gala employees and provide you an itemized list of how you can still turn things around instead of barreling down hill towards a ravine with the pedal to the metal.
You did a good thing. You could have done soooooooo much better though.
@BitBenderBrink It’s just sad that there’s wealthy people with inconceivable amounts of wealth still stealing from the people. Like how much is enough it’s like the only true asset is bitcoin, anything man has his fingers on turns into a ponzi.
🚨A Public Apology and the Harsh Truth About $GALA Staking “Upgrade”🚨
I owe a sincere apology to everyone who trusted me with the high value of GalaChain. My content may have influenced some of you to buy Founders Nodes on the secondary market in 2025, believing they’d generate consistent $GALA income.
Instead, many of those new Node operators have seen their value collapse from ~$5,000 down to just $400. That’s over a 90% loss in just a few months... Thanks Eric. I remember how vocal you were, saying that you wanted to give a chance to those ungrateful people to leave the community and sell their Nodes. Valuable thing this Node, I can see that.
🥀What Happened:
Two weeks ago, Gala’s CEO introduced a $GALA staking system only for Founders Node owners.
But here’s the catch:
Rewards are now distributed based on how much $GALA is staked on a Node, not based on Node ownership itself.
1M $GALA staked = 100% of the daily distribution
50% of that = 50% of the daily distribution
Most Node owners don't have that kind of $GALA lying around because the original deal was simple: pay $2K–$96K and earn daily $GALA.
Now? Many get ZERO.
Even after paying nearly 100,000 USD
This is not just unfair. It’s "value extraction". Plain and simple.
📉 How Incentives Were Hijacked:
Before Staking: Every Node earned ~200 $GALA/day
After Staking: Total daily reward is now ~1,200 $GALA, but only goes to stakers
Nodes, once called the “backbone of GalaChain”, have been stripped of their function and value unless large amounts of $GALA are staked on them. Basically, Nodes are just obstacles in UX. It's so unnecessary that Nodes NFT exists just because Eric goes step-by-step in extracting the community. He can't just delete all nodes by that. For that, there will be a time later with the $GALA staking lock. Which I highly disagree with.
🔒 A Broken Promise:
Over 7,100 Nodes remain unsold.
Gala earned ~$435M from Node sales, only to "extract" those very investors.
And this isn’t even mentioning all the NFT buyers who left holding worthless assets due to failed game development from Gala and 3rd party dev studios.
💣 We got betrayed
1️⃣ I apologize for promoting GalaChain without knowing this would happen.
2️⃣ @GoGalaGames, you betrayed your community. You abandoned your own backbone. You are now spineless by your own words!
3️⃣ To every Node owner: You were robbed. Plain and simple.
I would love to see professional legal scrutiny, just to understand how this could be happening in the USA.
I would also love to see community feedback, and most of all, accountability from @Benefactor0101.
Let’s share how staking hijacked the income promised to all Gala Node operators.
📡 And What’s Next for This Account?
I have been mostly focused on GalaChain. That’s going to change. From now on, I’ll be shifting toward publishing systems I’m building to:
🎯Signal market peaks & bottoms
📈Provide short-term and mid-term trend alerts
🪙Help people grow wealth & stack more Bitcoins
This will be the new direction of RocketUnit, powered by insights and execution from my crypto marketing agency @DiamondHandsLab.
I’m grateful to everyone who sticks with me during this shift.
Stay tuned and let’s make money together.💸
Share this post if you believe $GALA should listen to their community.