GALA Price Live Data
Live Gala price today is $ 0.076663 USD with 24 hour trading volume of $ 225.504.535 USD. We update our GALA price to USD in real time. Gala is down 2.77% in the past 24 hours. CoinMarketCap’s current ranking is # 80, with a real-time market cap of $ 534,895,064 USD. It has a circulating supply of 6,977,205,436 GALA coins and the max. supply is not available.
If you want to know where to buy Gala at the current rate, the main cryptocurrency exchanges for trading Gala shares are currently Binance, OKX, BTCEX, Bitget and Bybit. You can find others listed on our cryptocurrency exchanges page.
To find out more about this project, take a look at our in-depth study on Gala.
What Is Gala Games (GALA)?
Gala Games aims to take the gaming industry in a different direction by giving players back control over their games. Gala Games’ mission is to create “blockchain games that you will really want to play”. The project wants to change the fact that players can spend hundreds of dollars on in-game resources and countless hours spent playing, which could be stolen from them at the click of a button. He plans to reintroduce creative thinking into games by giving players control of games and gaming resources with the help of blockchain technology.
Players can own non-fungible tokens (NFTs) and influence the governance of games within the Gala Games ecosystem. Founder’s Nodes voting mechanism allows players to influence which games Gala should develop and which games they should get funding. In addition to purchasing NFTs for specific games, Gala Games also uses GALA, their own utility token. So far, Gala Games has released a playable game: Town Star and an NFT collectible series: VOX. He plans to release more games in the future, such as a fantasy RPG, 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 worth $ 3 million.
Who Are the Founders of Gala Games?
Gala Games was founded by Eric Schiermeyer. He was the co-founder of Zynga, a popular mobile and social gaming company. Under the leadership of Schiermeyer, Zynga launched popular hits such as Poker, Mafia Wars and Farmville. Schiermeyer, who has a reputation for working at the forefront of games, launched Gala Games in July 2019 to create a blockchain-based gaming network and give players greater ownership of their games.
In total, the Gala Games team consists of 60 employees.
What Makes Gala Games Unique?
Gala Games is not a single game, but offers a whole range of different blockchain games that put fun first and blockchain in the background. Town Star, the only game currently playable, is a city simulation that can be played in a browser. Players run a city similar to SimCity gameplay, but in Town Star they actually own the city.
VOX is Gala Games’ collectible NFT avatar set. Each VOX is unique and some VOX are rarer than others. In the initial drop, 8,888 VOX were deployed for an average price of 0.0888 ETH, which is about $ 280 at the time of writing. Although inspired by Town Stars, VOX has other utilities besides being just an NFT avatar. Owners can block GALA and earn VOXcoins by playing with their VOX avatars in the future. VOX owners also get their own FBX file, which allows them to animate their avatars or even 3D print them in the future.
Other games are also in development. Fortified is a player versus player tower defense game set in a fantastic medieval world. Players will compete to build the best tower defense strategies.
Mirandus is a fantasy role-playing game (RPG) set in a huge world ruled by five player monarchs. Players will be able to own game assets and claim parts of the game landscape.
Echoes of Empire is a sci-fi strategy game set in a galaxy at war. Players will be able to own their own spaceships and control parts of the galaxy.
Spider Tank Project is a multiplayer online battle arena game that allows players to choose a “spider tank” to fight other players. The game is free-to-play but will contain in-game revenue mechanisms. The release is scheduled for the fourth quarter of 2021.
An important component when it comes to developing these games is community feedback. Gala Games is constantly working and testing assumptions with their community on Discord. This allows players to shape the direction and design of the games.
Users can run Gala Nodes, which supports Gala Network. In return, they receive awards such as GALA, limited edition NFT and other opportunities. The Gala Node ecosystem consists of a triple-proof node system: proof-of-work (PoW), proof-of-stake (PoS) and proof-of-storage. PoWs are called Founder Nodes,
which are Tier 1 nodes based on 50,000 owned NFTs. These are early supporters of the network and will receive NFTs from all subsequent games and GALAs assigned to their node license. PoS are paid nodes that operate for specific games, through a smart contract “rental” structure. Proof-of-Storage are free nodes that will allow games to be fully hosted in the node ecosystem, eliminating the dependence on centralized hosting solutions like Amazon S3.
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