The currency
What is the Gallino
The Gallino (GAL) is the currency of the Principato del Gallo: a crypto-asset issued on the Polygon network with an initial supply of one billion units and a monetary rule carved into its code: the Treasury may mint new Gallini, but never more than 10% of the supply per year, and every minting is public and motivated, forever, on the blockchain. It transfers and spends between wallets like any cryptocurrency, in seconds, for fractions of a cent in fees. The source code is verified: anyone can read it, inspect every transaction and count every Gallino in circulation.
Anyone who wishes may freely buy or sell Gallini through the public exchange pool, with no registration and no intermediaries, at whatever price the pool expresses at that moment.
It is not an investment, not a security, not a promise: it is the identity currency of a community. It is gifted, collected, spent and exchanged among citizens and friends of the Principato — and anyone who wants to join in.
Exchange counter
How to convert to euros (and back)
Convertibility is provided by a public GAL/USDC liquidity pool. Nobody operates the exchange: it happens directly between your wallet and a smart contract, at any time, in both directions.
From euros to USDC
On a regulated exchange (Kraken, Coinbase) you buy USDC, Circle's regulated stablecoin, and withdraw it to your wallet selecting the Polygon network.
Swap on the GAL/USDC pool
On the public QuickSwap pool you swap USDC for Gallini, or Gallini for USDC. The price is set by the pool's market, not by the Treasury.
From USDC to euros
You send the USDC back to the exchange, sell it for euros and withdraw by SEPA transfer to your bank account. The loop is complete.
Public registry
Issue data
- Name / Symbol
- Gallino / GAL
- Standard / Network
- ERC-20 · Polygon PoS Mainnet
- Initial issue
- 1,000,000,000 GAL — one billion (18 decimals)
- Minting rule
- max +10% of supply per monetary year — enforced by the contract, cannot be exceeded
- Contract address
- 0x0c612496AeD62e77B1F8B0cc9bC64E7d466ab709
- Declared allocation
- 10% exchange pool · 60% Distribution Fund for citizens · 30% Treasury Reserve
Transparency
Government & accountability
The Gallino is issued and maintained by the Government of the Principato del Gallo. In line with the project's transparency-first approach, the officials responsible for the currency are publicly identified, and every founding document is published and verifiable.
- President & Head of State
- Daniele Comi — LinkedIn profile · Treasury operator and contract deployer
- Official contact
- principatodelgallo@proton.me
- Genesis Proclamation
- Official Document No. 4/2026 (PDF) — cryptographically signed by the Treasury wallet
- Source code
- GitHub repository — contract source, token list, artwork and documentation
- Institutional portal
- principato-del-gallo.github.io — founding act, laws and official documents of the Principato
One-page whitepaper
Monetary Charter of the Principato
Disciplined issuance
The initial issue is 1,000,000,000 GAL (one billion). The Treasury may mint new Gallini to accompany the growth of the Principato, but the contract enforces an unbreakable constitutional ceiling: at most 10% of the supply per monetary year. Every minting requires a motivation, recorded publicly and permanently on the blockchain. Anyone may also burn their own Gallini, reducing the supply.
Reserve and liquidity
The Treasury provides the GAL/USDC pool with a symbolic reserve of regulated stablecoin. This reserve makes the Gallino technically convertible, but it is sized for a community project: even modest trades can move the price significantly.
Treasury transparency
The allocation of the issue is declared: 10% to the exchange pool, freely purchasable by anyone, 60% to the Distribution Fund destined for citizens, 30% to the Treasury Reserve. Every movement of these wallets is public and can be inspected on the blockchain by anyone, at any time — including all future mintings and their motivations.
Distribution
Gallini are distributed free of charge to citizens and friends of the Principato, or acquired independently through the public pool. The Treasury does not sell Gallini directly for euros and does not operate as a currency exchange.
Spirit of the currency
The Gallino exists to celebrate the Principato del Gallo and to prove that a community, however small, can give itself a transparent currency. Its value is above all symbolic; any other value is an accident of the market.
Legal notice — read before purchasing
The Gallino is a community token of the Principato del Gallo, an entity not recognised as a State. It does not constitute an investment, a financial instrument, an e-money token within the meaning of Regulation (EU) 2023/1114 (MiCA), nor legal tender. Nobody promises, guarantees or implies any value, return, appreciation or buyback.
Anyone may buy or sell GAL through the public decentralised pool: every operation takes place at the user's own initiative, directly with a smart contract, entirely at their own risk. The pool's liquidity is purely symbolic (a few euros): the price can vary drastically even with trades of a few cents and may go to zero at any moment. The Treasury and the wallets attributable to it hold the vast majority of the supply, according to the allocation declared above. Anyone interacting with the token remains responsible for their own tax and reporting obligations.