Towncoin(TOWN) can be burned for GALA at a rate of 1.25 TOWN = 1 GALA.
TOWN to GALA
All holders of TOWN will have a significant time window during which they may swap their tokens with Gala Games at a fixed rate of 1.25 TOWN = 1 GALA.
The burn process has already begun, and TOWN holders will have at least 180 days to make the swap.
After the conclusion of the burn window, there will be no future utility for TOWN and it will be removed from all exchanges.
A Gala Games account will be required to swap.
In the Gala Games website, you can convert TOWN to GALA that require Burning Fee with ETH.
Any TOWN in your Treasure Chest will first need to be minted before it can be swapped for GALA.
Gas Token
Now that Gala Games is able to publish games on its own blockchain (currently called Project GYRI), GALA is the “gas token” of transactions on that blockchain (like ETH on Ethereum). One of the core ways that Node operators will be rewarded in the ecosystem is with a distributed portion of the collected GALA gas fees.
Source: Gala Games