Gala Games (GALA) is a company that aims to change the direction of the gaming industry by giving players control over their games. Gala Games (GALA) goal is to create “blockchain games that you actually want to play.” This project aims to eliminate the inequalities of players spending hundreds of dollars and hours playing the game.
With the help of blockchain technology, it plans to bring back creativity into games. Players will have control over the games and their in-game assets.
Non-fungible tokens (NFTs), which can be owned by players, allow them to influence the governance of the Gala Games ecosystem. Players can influence the development of Gala Games and how much funding they should receive through the Founder’s Nodes voting system. Gala Games can also purchase NFTs to fund specific games.
Gala Games (GALA) also uses GALA, its utility token. Gala Games has so far released Town Star, a playable game, and VOX, an NFT collectible series. Gala Games plans to release additional games in the future such as a fantasy RPG, a sci-fi strategy, and a tower defense game.
Gala Games (GALA) launched in 2019 and has seen 1.3 million active users per month. 26,000 NFTs have also been sold. The most expensive piece was valued at $3,000,000.
Who Are the Founders of Gala Games (GALA)?
Eric Schiermeyer founded Gala Games. Zynga was founded by him, a well-known social and mobile gaming company. Zynga was founded by Schiermeyer and has enjoyed many hits such as Farmville, Mafia Wars, and Poker.
Schiermeyer is a well-known gaming pioneer who launched Gala Games in July 2019. Gala Games aims to bring blockchain technology to the game industry and give players greater ownership over their games.
The Gala Games team is made up of 60 people.
What Makes Gala Games (GALA) Unique?
Gala Games is more than one game. It offers a variety of blockchain games that place fun first and blockchain second. Town Star is the only game currently available. It’s a simulation of a town that can be accessed via a browser. Town Star allows players to manage a small town in a similar way as SimCity. However, the players actually have the town.
Gala Games’ collection of NFT avatars is called VOX. Every VOX is unique, and some VOXs can be found in very limited quantities. 8.888 VOX were sold for a price of 0.0888 ETH or approximately $280 at the time this article was written.
VOX, although inspired by Town Stars has many other uses than being an avatar for NFT. Holders can earn VOXcoin and lock GALA. VOX owners get their own FBX files, which allow them to animate or 3D print their avatars in the future.
Others games are also in development. Fortified is a tower defense game between player and player set in a fantasy medieval world. The goal of Fortified is to create the most effective tower defense strategies.
Mirandus is a fantasy role-playing game (RPGs) that take place in a vast world controlled by five player-monarchs. The players will have the ability to claim certain parts of the ingame landscape and own assets in-game.
Echoes Of Empire is a sci-fi strategy game that takes place in a galaxy at war. You can control parts of the galaxy and own your spaceships.
Spider Tank Project allows players to choose a “spider” tank to fight other players in an online multiplayer battle arena. Although the game is free to play, it will have in-game earning opportunities. It will be released in Q4 2021.
Community feedback is a key component in the development of these games. Gala Games engages with its community via Discord to test their assumptions. This allows players to influence the design and direction of the games.
Gala Nodes allow users to run their own Gala Nodes that support the Gala network. They can also receive GALA and limited edition NFTs in return. The Gala Node ecosystem is composed of three-proof node systems: proof-of-work (PoW), proof-of-stake (PoS), and proof-of-storage (PoS).
Founder Nodes are tier-1 nodes based upon 50,000 fully owned NFTs. These early supporters will be able to receive NFTs from any future games as well as GALA that is allocated to their node license. PoS is paid nodes that work for specific games through smart contract “rental”. Proof-of-Storage is a node that’s free and will enable the games to be hosted entirely on the node ecosystem. This eliminates the need for centralized hosting solutions such as Amazon S3.
How Many Gala Games (GALA), Coins are in Circulation?
35 billion GALA tokens will be the maximum supply. There are currently approximately 7 billion GALA tokens in circulation.
The daily distribution of 17,123,286 GALA takes place. Half of this GALA goes to Founder’s Node operator and a half to the Gala Games conservatorship. GALA distribution will be reduced by half each year starting on July 21st. GALA’s daily distribution will now be 8561,643 rather than 17,123,286 starting July 21st, 2022.
The GALA token is a utility token. It can be used to buy items in the game.
How secure is the Gala Games (GALA) Network?
The GALA token is based on Ethereum, and the Binance Smart Chain (BSC). The network is protected by its own set of nodes, called Founder’s Nodes. Gala Games allows for a maximum number of 50,000 Founder’s Nodes to validate in-game transactions, and secure the network.
Nodes can vote on which games will be released to the Gala Games platform. A node can be operated by purchasing an account, which you can then run on your own computer. GALA is a reward system that rewards node operators. Referring nodes that run for less than six hours per cycle earn you 1 point. All points are added together at distribution and the GALA splits between them.
When will Gala Games (GALA), Trading Begin?
Gala Games (GALA) token started trading in September 2020.
Gala Games (GALA): Can They Hit $1?
Gala Games (GALA) trades at $0.02 as of August 2021. To reach $1, it would take a 50X. Gala Games has a diverse ecosystem of games and a very experienced leadership team, so it is possible to achieve such an ambitious goal in just a few years. Refer coinmarketcap for price.
Where can you buy Gala Games (GALA)?
Gala Games (GALA) can now be purchased on Sushiswap, Gate.io as well as KuCoin, and Uniswap V3.
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