Cryptocurrencies Gala - dapp.expert
Gala GALA

Gala Games (GALA) - a gaming platform

$0.049149
-2.37%
Market Cap
$1,712,306,007.33
-10.60%
Fully Diluted Market Cap
$1,711,099,400.00
-10.60%
Volume
24h
$123,035,273.00
Volume / Market Cap
0.0719
Circulating Supply
34,838,918,276.72
70%
Max Supply 50,000,000,000.00
Total Supply 34,848,504,464.72
Low : $0.05
High : $0.05
Tags

Gala Games (GALA) - a platform that creates blockchain-based games, each of which provides players with true ownership of in-game items through the use of non-fungible tokens (NFTs).

Contents:

Description of Gala Games (GALA)

Gala Games aims to take the gaming industry in a different direction by giving players control over their games. The mission of the project - to make blockchain games that you really want to play. The project wants to change the fact that players can spend hundreds of dollars on in-game assets and countless hours, spent playing the game, can be taken from them at the touch of a button. It plans to reintroduce creative thinking into gaming by giving players control over games and in-game assets through blockchain technology.

Players can own non-fungible tokens (NFTs) and influence the governance of games in the Gala Games ecosystem. The founder node voting mechanism allows players to influence which games the project should develop and which games should receive funding.

In addition to buying NFTs for specific games, Gala Games also uses GALA, its own utility token. So far, Gala Games has released one game - Town Star and an NFT collectible series - VOX. Ir plans to release more games in the future, such as a fantasy RPG game, a sci-fi strategy game and a tower defense game. Since launching in 2019, Gala Games has grown to 1.3 million monthly active users and 26,000 NFTs have been sold, with the most expensive piece, valued at $3 million.

What is special about the project?

Gala Games is not just one game, but rather a range of different blockchain games. Town Star is the only currently playable game. This is a city simulator that can be played in the browser. Players control a city similar to SimCity gameplay, but they actually own the city in Town Star.

Let's take a look at some of its most salient features:

Built on Binance Smart Chain Initially, GG was built on the Ethereum blockchain, but more recently, DAPP Network GALA bridged the Binance Smart Chain, where it is hosted as a BEP-20 asset. This allows players to reduce transaction fees significantly when using or spending GALA tokens.
Built-in store GG allows players to buy and sell in-game items easily through a built-in marketplace. This allows users to find liquidity easily for their in-game loot or purchase new items/characters to improve their gaming experience and in-game performance.

In addition, users can run Gala Nodes that support the Gala network. In return, they receive rewards such as GALA, limited edition NFTs, and more. The Gala Node ecosystem consists of a tri-impenetrable system of nodes - proof-of-work (PoW), proof-of-stake (PoS) and proof-of-storage.

Project tokenomics

The maximum total supply will be 35 billion GALA tokens. There are currently about 7 billion GALA in circulation. From August 2021, you can buy GALA at:

  • Sushiswap;
  • Gate.io;
  • Uniswap V3;
  • KuCoin;
  • Bitrue.

The platform is developing a high-speed blockchain platform to lower fees and support potentially tens of thousands of concurrent users.

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