What is Gala Cryptocurrency and How does Gala Games Work?

In Gala Games‘ decentralized ecosystem, players own their elements in games and have a say in the development of the Games roadmap. This platform contains a variety of games for earning bitcoins. If you are interested in knowing a little more about the “gala coin” and how Gala Games works, we will tell you about it in this post.

Gala Coin

Gala Coin aims to lead the gaming industry in a different direction by giving players control over their games. In other words, the main goal of these games is to develop “blockchain games that users actually want to play.

After listing on Binance on September 13, 2021, the GALA token reached its all-time high of $ 0.11633 per token. The trading volume of the digital asset has multiplied from ~ $ 4 million per day to over $ 800 million at the time of writing.

What is Gala Games, and how does it work?

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

The platform was launched in 2020 and developed by a team of 60 people. It has more than 1.3 million active users worldwide. Gala Games CEO Eric Schiermeyer, one of the co-founders of Zynga, is a top-rated social game developer.

But how does it work? Gala Games presents various games for users to choose and play. All games are 100% free. These are accessible through a decentralized blockchain application (DApp). To understand how it works, you should know the following aspects:

Games to win Bitcoins from Gala Games

Some games include:

  • Mirandus: Epic fantasy RPG adventure where players battle monsters in various locations and build their land to earn income.
  • Fortified: PvP tower defense game in which players test their strategies, using a variety of player-owned assets.
  • Echoes of Empire: A sci-fi strategy game where players wage war over the scarce resources scattered across the universe.
  • Spider Tanks: A multiplayer online battle arena (MOBA spider tanks and various armaments.
  • Town Star: A city building and development game that allows players worldwide to compete to win NFTs.

You can also find a full NFT shop that supports all in-game goods that belong to the player (items available in common, uncommon, rare, epic, legendary, and ancient rarity).

Features of Gala Games

Some of its most important features are:

  1. Built on Binance Smart Chain: Set up originally on the Ethereum blockchain, Gala Games has currently leveraged the Network Bridge DApp to link the GALA token with the Binance Smart Chain as a BEP-20 asset.
  2. Community Driven: the games‘ network revolves around community-owned nodes that help power the platform.
  3. Massive Community: has more than 1.3 million active users.
  4. Multiple games: role-playing games, space exploration games, tower defense games, and more.
  5. Integrated Shop: It is easier for players to buy and sell in-game items through its integrated marketplace.

Gala Token

The platform has its native utility token, known as GALA. It is the primary digital asset within the Gala ecosystem to purchase items, payments, and reward nodes (the total number of nodes that can participate in this process is limited to 50,000).

In addition, the GALA token has a fixed maximum supply of 50 billion units. A total of 17,123,286 GALAs are distributed every day, half of which goes to the founding node operators. The other half goes to the Gala Games conservatory. Additionally, Gala Games has a halvings cycle in its issuance program. The next halving is on July 21, 2022, which will see the issuance rate drop to 8,561,643 GALA per day.

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