🤔🤔🤔🤔🤔 $GALA

A recent hack on the GALA token that minted billions of extra tokens has caused a stir in the Gala community. But the Gala team responded quickly, drafting a proposal to upgrade their token contract and balance out the token supply. This proposal has already passed, and we should see the new token contract within the next couple of days.

I don’t think this was quite what Gala Games had in mind when they talk about May Mayhem! Earlier this week, someone with admin access to the GALA token contract managed to mint 5 billion fresh, new GALA tokens. They then sold a significant portion of those tokens before they were caught and their wallet shut down!

At the moment, it’s not entirely clear if this was an internal hack, or a vulnerabilitiy in the contract or company process.

💰💰MY OPINION:

I think they came up with a good marketing move with this story. I think this was all done with knowledge of what was going to happen. Since this happened, GALA has only won.