$GALA Contract Upgrade Incoming

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On Monday, May 15th, at approximately noon PT, Ethereum block #17267620 will mark a pivotal moment for the Gala Games ecosystem — the launch of the new $GALA token contract. This upgrade, often referred to as $GALA (v2), is designed to enhance security, improve scalability, and lay the foundation for future innovations within the Gala network.

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After the block is confirmed, the team will spend several hours verifying the integrity of the snapshot. Once confirmed, $GALA (v2) tokens will be distributed on a 1:1 basis to all wallets holding the original $GALA tokens at the time of the snapshot. Following this transition, all support and utility for the legacy $GALA token will be permanently retired.

You can track the countdown to the target block directly on Etherscan: Ethereum Block Countdown.

Understanding the $GALA (v2) Migration

The migration to $GALA (v2) is more than just a technical update — it represents Gala Games’ ongoing commitment to decentralization, user ownership, and long-term sustainability. By upgrading the smart contract, the team addresses potential vulnerabilities, ensures compliance with evolving blockchain standards, and prepares for expanded functionality across gaming, NFTs, and decentralized governance.

This process is automatic for users who hold $GALA in self-custody wallets (such as MetaMask, Trust Wallet, or hardware wallets). No action is required — your new tokens will appear in your wallet once the distribution is complete.

However, if you're holding $GALA on a centralized exchange, your experience may vary significantly depending on whether that exchange supports the token swap.

Exchanges and Token Distribution

Centralized exchanges operate custodial wallets, meaning you don’t directly control your private keys. As a result, the distribution of $GALA (v2) depends entirely on whether the exchange chooses to support the upgrade.

Gala Games has been actively coordinating with global exchange partners to ensure broad support. Many major platforms have already confirmed they will distribute $GALA (v2) to eligible users seamlessly.

Key Recommendation:

If your exchange is not listed as supporting the upgrade, you may face delays — or worse, miss out entirely. To avoid risk, consider transferring your $GALA to a non-custodial wallet or a supporting exchange before the snapshot block.

List of Supporting Exchanges

The following exchanges have publicly announced their support for the $GALA (v2) migration. If you hold $GALA on any of these platforms, you should receive your upgraded tokens without needing to take manual action.

Note: Inclusion on this list requires public confirmation. Exchanges not listed may still support the migration — but until they announce it officially, users should assume no support.

What About Coinbase?

Coinbase has officially stated that it will not distribute $GALA (v2)** to users holding funds on its exchange platform. This means if your $GALA is stored in a Coinbase exchange account, you will not receive** the new tokens.

However, there’s an important distinction:

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Coinbase Wallet vs. Coinbase Exchange

While Coinbase (the exchange) does not support the migration, Coinbase Wallet — a non-custodial, self-hosted wallet — does. Users who hold $GALA in the standalone Coinbase Wallet app (where you control your private keys) **will receive $GALA (v2)** automatically.

This highlights a critical principle in crypto: "Not your keys, not your coins." Only when you control your private keys can you be certain of receiving airdrops, forks, and token upgrades.

Frequently Asked Questions (FAQ)

Q: Do I need to do anything if I hold $GALA in MetaMask?

A: No action is required. As long as you held $GALA in your MetaMask wallet before block #17267620, your $GALA (v2) tokens will appear automatically after verification.

Q: Will the value of $GALA change after the upgrade?

A: The 1:1 swap means your token balance remains the same. Market price may fluctuate based on sentiment and exchange listings, but no inflation or deflation is introduced by the contract upgrade itself.

Q: Can I still trade $GALA during the migration?

A: Trading may be paused on some exchanges during the transition window. Check your platform’s announcement page for specific timing. On-chain trading via DEXs may continue with updated contract addresses post-migration.

Q: How do I know if my exchange supports $GALA (v2)?

A: Refer to the official list above. If your exchange isn't listed and hasn't made a public statement, contact their support team or consider moving funds to a supported platform or self-custody wallet.

Q: Is $GALA (v1) becoming worthless?

A: After migration, $GALA (v1) will lose utility and trading support. Exchanges will delist it over time. The only valid version moving forward is $GALA (v2).

Q: What happens if I send $GALA after the snapshot?

A: Tokens transferred after block #17267620 will not be included in the initial distribution. However, once the new contract is live, all transactions will use $GALA (v2), so future holdings are unaffected.

Core Keywords

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Whether you're a long-time Gala Games supporter or new to blockchain gaming, understanding this upgrade ensures you don’t miss out on what’s next. By taking proactive steps — especially around wallet choice and exchange selection — you maintain full control over your digital assets in an evolving ecosystem.

As blockchain technology advances, events like the $GALA contract upgrade underscore the importance of user responsibility, transparency, and decentralization. The future of gaming is on-chain — and now, more than ever, it’s in your hands.