On May 18th, Jason Brink (also known as BitBender), former CEO of Gala Games, announced that his role at Gala will transition from blockchain president to unpaid advisor. He will also lead some members of the Gala team in resigning from their positions at Gala to establish an external organization called LFG Incorporated, in order to further decentralize Gala.

Singaporean Web3 platform Galaxis announced that it had completed a $10 million financing round before the issuance of its tokens. Participants in this round of financing include Chainlink, ENS, Rarestone Capital, Taisu Ventures, and ENS co-founder Nick Johnson. Galaxis claims to be a "post-hype era NFT practical platform" and has previously launched NFT series for celebrities such as DJ SteveAoki and actor ValKilmer. The platform has sold more than 225,000 NFTs, generating sales of over 32,000 ETH (approximately $100 million) in the secondary market, and is currently preparing for large-scale distribution.