NFTs
Pieces.
Each work of art exhibited in the Gallery may form part of a collection made up of ten works. In turn, each work will be divided into ten pieces:
Each collection will have 100 unique pieces.
NFTs.
Each piece will be transformed into an NFT that can be able to purchased at Opensea. The publication value of each NFT will be change depending on its nature:
what is an NFT?
An NFT (Non-Fungible Token) is a "code" that represents a unique, indivisible and transferable digital work. Its owner is the owner of the digital work.
What is it for?
To collect; to invest; to be part of a community and its benefits; to support a project, an artist or a cause; for use in the new digital world.
“Buying an NFT is becoming the owner of the digital work,
being able to keep it, transfer it or sell it”.
Benefits and Utilities.
Owning a GALA COLLECTIONS NFT will allow you to enjoy the following benefits and utilities:
Profits.
The incomes generated by the sale of the collections and by the royalties will be distributed as follows:
The incomes distribution mechanism will be automatic, thanks to the implementation of a smart contract that works with the same technology as NFTs.
what is a Wallet?
It is a virtual wallet or purse in which we can store and manage our cryptographic assets: cryptocurrencies, NFTs, etc.
¿Smart Contract?
A smart contract is a computer code designed to be executed automatically as predefined clauses are met.
Roadmap.
The final objective of the project is to consolidate GALA as a self-sustaining space for the diffusion and generation of lutherilian works of art. To achieve this, we define our roadmap with three types of objectives:
¿Royalties?
It is a percentage that is paid to the original creator of the NFT each time the work is resold.