Earlier this month, a lawsuit broke out between the two co-founders of the web3 gaming ecosystem, Gala Games. This week on the Mint One podcast, we break it down for you!
Robert Baggs and John Nicholls have decided to combine forces to launch the weekly Mint One Podcast. Each week they will discuss a new topic around web3, as well as feature special guests from all corners of the industry. If there’s a topic you’d like us to cover, make sure you let us know through the Token Gamer Discord or Twitter, or Mint One Twitter.
In last week’s episode, John and I taught you everything we know about creating a podcast. This week it’s a bit darker as we delve into the bizarre situation of an alleged $130m theft and $600m waste.
Mint One Podcast, Episode 79: $130M Gala Games Drama Explained
On the 4th of September, I got home late from meetings and sat down at my desk ready to write an article. I’ll admit: I was tired and unmotivated, but that’s never stopped me before. Fortunately, no amount of caffeine was required to cause an energy spike, just good old web3 drama.
What started as a brief news piece, ended up being a pretty comprehensive breakdown of the lawsuit and counter-suit between the Gala Games co-founders, Eric Schiermeyer and Wright Thurston. In honesty, it was hard not to go into depth when the subject matter was so sprawling and, frankly, fascinating.
This is the sort of mess that will take months if not years to resolve, and that’s if it can be resolved at all. What I suspect will happen is that the mud-slinging will continue for some time, both Schiermeyer and Thurston (not to mention Gala Games) will take heavy blows, and they will decide it’s in their best interests to settle in private. That said, it’s alleged that was already the solution, then Thurston pressed the nuclear button.
So, strap in for this episode — as far as stories in web3 goes, this is up there with the strangest. It’s also not great news for those holding the Gala Games token, which as you can see in my signature, I am!
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