Srinath Ramanujan

Founder COO, Gajabuja | Analytics & Product @ Gala | Founder, Astute Giraffe | Ex-Tencent | Ex-Climate Corporation | Founding Member, Moonfrog | Ex-Zynga

[Srinath Ramanujan @SrinathRads]

@mark_skaggs Yeah, we have no way of knowing if the model is constant. At their size, a/b testing models (or at least the meta layers like the context caching) is too easy.

[Srinath Ramanujan @SrinathRads]

@mark_skaggs Agreed.
It feels easier to treat AI like a junior who forgets and create contracts to compensate rather than work with someone who does their own thing at your cost :)
It seems harder to make it ask questions since the models are tuned for people who don’t have the answers.

[Srinath Ramanujan @SrinathRads]

Looking forward to it

[GalaChain Poker @GalaChainPoker]

Discover a whole new way to play. Play the poker you love while collecting real #web3 rewards.🙌

That’s the power of playing poker on #GalaChain.

GalaChain Poker launches in May on @GoGalaGames👀

Check out more about GC Poker 👉 https://t.co/JA6phDWAi8

[benefactor @Benefactor0101]

Just put up a $10m buy for $GALA on GalaSwap
https://t.co/qoUBky675v

#BELIEVE in #GALAGAMES

[Jason Brink aka BitBender @BitBenderBrink]

Changes are important…they are absolutely critical to success.

The past few months, you have probably seen a dramatic acceleration of progress at @poweredbygala and for the whole $GALA ecosystem. Massive projects are coming out of build mode and rocketing out into public awareness.

This explosion of progress on #GalaChain, @GoGalaGames, @GoGalaMusic, @GoGalaFilms, @CollectVox and so much more are driven by massive change internally.

These changes fall into two primary categories, but there is a bonus third one so CONTINUE UNTIL THE END!

Additive Changes: This is the creation of room for progress by adding new things…expanding capacity, like the opening of a whole new studio in Chile to accelerate game development. This will serve as an in-person place where all live-service work for games within our first party ecosystem can be done. This will hugely accelerate development and raises the bar in terms of live services. This is what is happening with VOX, which you can read a bit more about here: https://t.co/VGV3fL6JWU

Subtractive Changes: This is where you remove obstacles, suboptimal leaders, or bottlenecks to the process. Sometimes this can be a painful process, but it is important to “embrace the suck” and push through the changes necessary to unblock future potential. We have seen this in some very important and visible instances, but I think we are finally coming to the end of that for the most part.

However, the most important category of all that I have seen thus far is multiplicative changes. This is a HUGE thing for the entire $GALA community, and I think you will see why.

There are many, but my favorite multiplicative change is the ability for anyone to come and deploy their own tokens on GalaChain through the Creator’s Portal. This means you will be able to push out a token and make it tradeable on GalaSwap all by yourself, without knowing anything about Solidity, RUST, or any other language.

For about $100 in $GALA burnt..

In the deployment of each token, a percentage will go to the Founder’s Nodes - the foundation of the whole ecosystem.

This means that if you are building a game, a token project, or just want to launch your own memecoin, you will be able to do so.

This will have a multiplicative impact on the ecosystem as a whole, and I can’t wait to see how it all unfolds!

$GALA FOREVER!

[Srinath Ramanujan @SrinathRads]

@BitBenderBrink Need to find that prescription for toothpaste now..

[Srinath Ramanujan @SrinathRads]

I only ask my kids to refrain from burning anything. But oh… the positivity from burning $GALA … what a conundrum

[Jason Brink aka BitBender @BitBenderBrink]

It has been a busy evening in the $GALA burn channel in Discord!

Join Discord to follow along! There is also a channel in Telegram.

There, you can see every burn as it goes through, whether it is from a bridging fee, a #GalaSwap transaction, or anything else.

https://t.co/4WhFkWn0Bl

[Amelia 🚀 @ameliamariec]

Looking forward to seeing the submissions for the @poweredbygala hackathon during #GDC2024. Keeping an eye out for projects that have utility, scale and are really, really fun. See you out there @BitBenderBrink.

[Srinath Ramanujan @SrinathRads]

@PlayerPoseidon If it was certain, was it a leak? 😮
What is the leak! Share please

[Srinath Ramanujan @SrinathRads]

@BitBenderBrink @RnGcrYptO [opens backlog, tries adding to list, duplicate detected, does a +1 instead]

[Srinath Ramanujan @SrinathRads]

I’m pretending like I didn’t see this. Good luck with marketing @BitBenderBrink

But… something better than CEX right?

[Jason Brink aka BitBender @BitBenderBrink]

FRIYAY Thread, NOW WITH MORE ALPHA!

Since #DEX tokens like $UNI and $1INCH are popping off today, let's talk about exchanges and trading. I know this is a topic I have almost never touched, but I want to get it out there because I know the community cares about it.

ALPHA ALERT: Next week, #GalaSwap, a decentralized platform, will be available on #GalaChain. I THINK it will be on Tuesday.

I have not gotten permission to share this from our marketing people, so just pretend you didn’t see this.

I want to take a few minutes to talk about the fundamental economics of on-chain trading.

Here are some trades…

I swapped $100 in $USDC for $GALA on Uniswap, and that cost me $42 in ETH gas fees (holy fuck ETH, cool it)

Swapping $100 in $USDC for $GALA on Binance, and that costS a taker fee of .1%, or ten cents)

I swapped $100 in $USDC for $GALA on GalaChain using #GalaSwap and it cost me 1 $GALA burned (roughly 3 cents)

One of these things is better than the other.

The cool thing about GalaSwap and GalaChain in general is that we plan to offer CEX-level trades and near-instant finality with everything actually happening on chain.

Our plan is to set the fee for both the maker and taker side of the equation at a 1 $GALA burn - for any trade of any size. The long-term plan is to allow the maker side of the equation to get a discount for the amount of $GALA they have locked in the order book to incentivize liquidity building.

While v1 is a bit on the simple side, v2 is planned to have API access that will allow market makers to access GalaSwap - anyone who wants to trade will be able to do so with a flat 1 $GALA burn per trade…no matter the size.

Want to trade $100? Awesome… burn 1 $GALA.

Want to trade $10,000,000? Cool… burn 1 $GALA.

We can do this because we aren’t in the exchange business and we have no interest of being in the exchange business. This is about providing functionality to the whole $GALA ecosystem.

Any ERC-20 token based on ETH can be bridged in and traded on GalaSwap for a 1 $GALA burn. Right now, new token integrations are manual, but the plan is that they become automatic by v3, opening up GalaSwap for traders of anything from stables to memecoins.

Each address connecting to GalaSwap (or the Gala Platform) is screened by @chainalysis to make sure that there are no sketchy funds hitting the bridge.

We have been saying for a long time that…
$GALA is more than a #web3gaming token.
$GALA is more than a #L1 token.
$GALA is more than a #dePIN token.

$GALA is about building a whole ecosystem that can fundamentally redefine the role of crypto in our lives.

It is about to get very interesting.

[Srinath Ramanujan @SrinathRads]

Not a security, just the most secure. $GALA

[Gala @poweredbygala]

$GALA �� The World’s Most Secure Altcoin

According to the leading blockchain security auditor, Certik, $GALA is the most secure altcoin in the entire world.

https://t.co/Foo45Hz8Zl

[Srinath Ramanujan @SrinathRads]

@PlayerPoseidon Unimpressive

[Srinath Ramanujan @SrinathRads]

Wasn’t me

[Jason Brink aka BitBender @BitBenderBrink]

You can learn very interesting things watching the $GALA blockchain.

Someone from one of the guilds in the @GoGalaGames ecosystem spotted these.

Probably nothing.

[Jason Brink aka BitBender @BitBenderBrink]

Its pretty fun to watch the $GALA burns as they hit the channel in Telegram.

These are all user-initiated burns.

As the next phase of the chain development expands, you will see other stuff in this channel too.

https://t.co/DtoSWkpGv1

[Srinath Ramanujan @SrinathRads]

So I get more $GALA from https://t.co/3XtunIAlzH and my purchase will be burnt?

🤔

[Rocket Unit @RocketUnitR8]

🔥Masive Burn incoming or not🌶️

🎉 From now on, all Gala's revenue will be burned!

All those🐔FIAT &🪙non-GALA tokens purchases will be be exchanged to $GALA on UniSwap and then burned!🤯🫡

#L1 #Galachain @GoGalaGames @GoGalaMusic @GoGalaFilms

[Srinath Ramanujan @SrinathRads]

@BitBenderBrink @GoGalaGames @GoGalaMusic @GoGalaFilms Let’s goooooo $GALA

[Srinath Ramanujan @SrinathRads]

$GALA aaaaaaa

[Srinath Ramanujan @SrinathRads]

Looked at the boxes, am I really getting back more than what I paid for?

That can’t be true, can it?

[Gala Games @GoGalaGames]

🚨 For the next 48 Hours Only 🚨

Purchase select items in our store with a credit card and get some $GALA! 💰

#GalaChain
https://t.co/WhqTkPqGe6

[Srinath Ramanujan @SrinathRads]

$GALA getting more recognition as an L1 chain.

So much happening every day. Can’t be more excited about all the awesomeness we have planned for next few months!

And then some more

[Jason Brink aka BitBender @BitBenderBrink]

I am delighted to announce that @coingecko has given $GALA the #Layer1 tag!

Woot!

https://t.co/MmOD4l9pzw