What is Gala Games? All information about the project and GALA

• What is Gala Games?
• Features of Gala Games
• Building on Binance Smart Chain
• Player's Ownership
• Focus on player experience
• Community factor
• Games in Gala Games
• Project development team and investors of Gala Games
• Development team
• Investors
• Learn about Gala Games' GALA token
• Detailed information about the GALA . token
• What is GALA token used for?
• GALA Token Allocation
• Allocation schedule
• How to earn and own GALA . tokens
• GALA token exchange and storage wallet
• The future of Gala Games, should you invest in GALA tokens?
• summary

What is Gala Games?

Gala Games is known as a game platform that develops games built on blockchain technology combined with the NFT trend. With Gala Games, players will really have ownership of their assets such as items, characters, NFTs... Launched in 2020 with the hope and anticipation of many investors, Gala Games have become the driving force behind the Play-to-Earn trend in the cryptocurrency market.

Features of Gala Games 

Gala Games is a diverse game development platform. Therefore, this platform also possesses many outstanding features that bring practical benefits to players. 

Building on Binance Smart Chain

First, Gala Games is built on the Ethereum blockchain . However, when the problem of network congestion became serious and the high transaction fees made gamers less interested. Therefore, Gala Games took advantage of Network Bridge to bridge the Binance Smart Chain network . This helps the project's GALA token become a BEP20 token and players also minimize the costs of trading on the platform.

Player's Ownership

As one of the leading game platforms in the Play-to-Earn trend, Gala Games allows players to own all the items, characters ... that they win. And of course, you can also sell them on popular NFT trading platforms. 

Focus on player experience

Gala Games focuses on smooth, exciting and fun gameplay for gamers. They set a “Fun First” criterion to ensure that whether you are a beginner or have a lot of blockchain experience, you can enjoy the exciting games built by Gala Games.

Community factor

The development team says that every element of Gala Games is dependent on network nodes owned by players. In other words, Gala Games is supported by users and they themselves will guide the development decisions of the platform. Network node holders fully have the right to participate and operate the game. 

Games in Gala Games

Currently, Gala Games has released 11 games. In it, there are famous games such as Spider Tanks, Legends Reborn ...

Project development team and investors of Gala Games 

Development team

Gala Game was built by Eric Schiermeyer. Currently, he is the CEO and co-founder of the platform. 

Eric Schiermeyer graduated from the University of California in 1997. Right after that, he continuously founded many companies and businesses such as Dvdwwave, eUniverse, LUMINARY, Zynga… He is considered a person with a lot of experience and creative ideas. in the field of games combined with blockchain technology. That's why he developed Gala Games - a platform for developing games based on blockchain technology. 

Investors

Learn about Gala Games' GALA token

Detailed information about the GALA . token

• Token Name: Gala Games Token
• Ticker: GALA
• Blockchain: Ethereum & Binance Smart Chain
• Token Standard: ERC20, BEP20
• Token Type: Utility, Governance
• Token Supply: 50,000,000,000 GALA

What is GALA token used for?

GALA is both a utility token and a governance token of the Gala Games platform. Therefore, GALA is used in most of the activities in the Gala Games ecosystem, which are:

• Payment : Users can use GALA tokens to buy items, characters, peer-to-peer payments... on NFT Marketplace. 
• Governance : Users use GALA tokens to propose and participate in voting on important platform decisions. 
• Launch network nodes : Users can launch network nodes by purchasing licenses worth about 13,000 ETH. This license can pay in ETH, GALA or BAT. 

GALA Token Allocation

Updating…

Allocation schedule

As of May 30, 2022, there are approximately 7 billion GALA (about 14% of total maximum supply) in circulation. Every day 17,123,286 GALA will be distributed, of which half belongs to node owners and the rest is managed by Gala Games Conservatorship.

The GALA token has the same emission cycle as Bitcoin. According to the founding team, emissions will be halved after July 21 each year. Therefore, by July 21, 2022, GALA emissions will be reduced to 8,561,643 GALA per day.

How to earn and own GALA . tokens

There are many different ways for you to own GALA tokens, which are:

• Buy GALA on exchanges that support it. The list of exchanges that list and support GALA token trading will be listed below. 
• Launch network nodes, participate in staking to receive interest paid in GALA tokens.
• Complete missions and win tournaments to receive GALA tokens as a reward. 

GALA . token exchange and storage wallet 

GALA is an ERC20 and BEP20 token, so you can completely store GALA in many popular cryptocurrency wallets today such as MetaMask, Trust Wallet, Exodus Wallet, Electrum ...

Currently, GALA is being listed and traded on many different crypto exchanges, including centralized and decentralized exchanges. These are Binance, KuCoin, Huobi Global, Coinbase, Bybit, Kraken, OKX… For a detailed list, you can refer to the CoinMarketCap website. 

The future of Gala Games, should you invest in GALA tokens?

Surely through the above information, you have also found some important bases to evaluate the future of the Gala Games project. As a platform that provides a wide variety of games and brings new experiences to players, Gala Games has moved closer and closer to the core interests of users. Currently, the platform runs on the Binance Smart Chain blockchain to minimize costs and avoid network congestion like on Ethereum. At the same time, Gala Games also allows users to participate in the governance process when owning network nodes. 

As for the GALA token, along with the general growth of the Crypto market and the successful listing on Binance, GALA reached an all-time high of $0.72 in November 2021. However, after that, GALA dropped significantly and is currently trading around $0.08. 

However, the drop of GALA is much lower than that of many other cryptocurrencies after the crash of the Terra ecosystem. Therefore, there are still many investors who believe that GALA has the potential to develop in the future, especially when the founding team fulfills its promise to release new exciting and fun games.

summary

Through the article, TraderH4 has provided you with basic and useful information for you to better understand the Gala Games project and the GALA token. Surely, if you want to invest in the project, you need to keep looking for more news such as cooperation with platforms, investment funds, funding rounds, the situation of the founding team ... And all the above information can be found on TraderH4 – the most popular cryptocurrency website today. 

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