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Gala Price GALA

    • Market Cap $323.3M
    • 24h Volume $29.4M
    • Circulating Supply 24.4B GALA

    About Gala

    Blockchain gaming is the new kid on the block, allowing players to earn money while playing video games. However, this development is not without asset challenges.


    Gala Games, which launched in 2019, aims to transform the gaming market by giving users complete control over their games. The mission of Gala Games is to construct blockchain games which people want to play.


    The project aims to change the reality in which players can spend thousands of dollars on in-game assets and devote hours playing the game only to have them removed with the click of a button.


    Non-fungible tokens (NFTs) enable Gala Games ecosystem players to impact game governance.


    The Founder's Nodes voting feature allows players to have a say in which games Gala develops and funds. Gala Games purchases NFTs for specific games with GALA, its utility token.


    Gala Features and Updates

    Gala games comprise a collection of different blockchain games that put fun first and blockchain later. Town Star, which is currently the only gameplay, is a browser-based town simulation.


    Town Star allows players to manage a town in the same way that SimCity does. The difference is that in Town Star, players own the town.


    Other games such as Fortifies, Mirandus, Echoes of Empire, and Spider Tank Project are in development and a major component when it comes to game development is community feedback.


    Since its launch, Gala Games has grown to 1.3 million monthly active users since its launch in 2019, and 26,000 NFTs have already been auctioned, with the most expensive piece valued at $3 million. The current Gala asset price is $0.035049 with a trading volume of $102,583,432.


    Gala Team

    The Gala Games team has 60 employees in total.


    However, Eric Schiermeyer founded Gala Games and is also the co-founder of Zynga.


    Eric is known for operating at the forefront of technology to create a blockchain-based game network.

    How it works

    The Gala network is supported by Gala nodes. The Gala Node ecosystem is made up of three types of nodes: proof-of-work (PoW), proof-of-stake (PoS), and proof-of-storage (PoS).


    PoW is known as Founder Nodes, and they are tier-1 nodes with 50,000 fully-owned NFTs. These are the network's early supporters, and they will earn NFTs from across all later games and GALA assigned to their node license.


    PoS nodes are paid nodes that run specific games via a smart contract "rental" structure. Proof-of-Storage nodes are free nodes that allow games to be fully sponsored on the node ecosystem, eliminating the need for centralized hosting solutions such as Amazon S3.

    Release Timeļ¼š 2020-09-18

    Gala Games Debunk Rumors Of Alleged Hack After Token Plunges

    Amid several difficulties and financial crises in the crypto industry, the value of Gala Gamesā€™ native token, GALA, dropped 90%. Community members are

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