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AAX Trends

Gala Games (GALA) explained

Gala Games (GALA) explained

Explainers GameFi

15 Feb 2022

Gala Games is an emerging platform for blockchain games with a play-to-earn concept. Its native token GALA has a circulating supply of roughly 7 billion coins on the backdrop of a $1.9 billion market cap.

This company identifies itself with a “fun first” goal when creating its games with easy mechanics. You don’t even need to have blockchain knowledge to play. It also continuously engages with its community of users who are part and parcel of the game development.

Since its inception in 2019, it has amassed 1.3 million active users to date.

What powers Gala Games?

The Gala Games Network is powered by a Founder’s Node, which are nodes that players own and operate using their home computers.

You can buy a license to operate a Gala Node. If you run the node for at least 6 full hours per day, you earn a point. The points you earn make you eligible for GALA coins rewards. Being a node operator will also earn you limited-edition NFTs when they drop.

What Gala Games are available?

  • Town Star (beta)

Town Star is the first game that Gala Games released. Think of Hay Day, but better, because you can own the assets within the game!

It is a simulation game where you can build your own town while earning in farming or industrial businesses.

Image of Town Star from Gala Games website

To start playing, buy Town Star NFTs in the Gala store or on the Opensea network and place them in your field. These NFTs include cranes and farm bots, which are in-game assets and characters that will help to level up your town. You will earn Town coins for using these NFTs in the game.

Your growth is measured in Gala Power. The computation for Gala Power is GALA coin + (Town coin*2).

  • Mirandus (in development)

Mirandus is a fantasy role-playing game (RPG), which is currently in the works.

The world of Mirandus is set with knights, monsters, gold coins, and forest adventures. The NFTs include exemplars, which are in-game characters representing humans, orcs, dwarfs, and elves. There are also assets such as boats, ships, temples, cemeteries, weapons and armors, shops, barns, and taverns that you can use to build out your fantasy world.

Image of Mirandus game from Gala Games website

There are five monarchs in the game. You can join any one of these monarchs as a knight or set up shop. Another way to play is to go on a solo adventure into the wilderness to fight beasts and accomplish missions.

You can own land deeds, which are limited to 1625 deeds in the game. You can also own buildings on land that other players lease.

There are games from other developers which are featured in Gala Games but are currently in the works. The company continues to accept games from other developers to expand the Gala ecosystem.

The GALA token and its uses

The GALA token is a utility ERC-20 token that powers Gala’s games. It is used for many different aspects of the Gala Games platform. For example, GALA is used as a reward for node operators who support the operation of Gala Games. GALA also consists of the primary and most secure payment method leveraged by gamers for in-game purchases. Finally, GALA is used as a reward for top players in Gala’s first game Town Star.

The team behind the gaming platform

Gala Games is backed by a trio of professionals from the blockchain and gaming space. Its founders are Zynga co-founder Eric Schiermeyer, multi-patent blockchain holder Wright Thruston, and Farmville 2 Creative Director Michael McCarthy.

Where can I trade GALA?

GALA tokens cannot be directly purchased using cash or credit card, but they can be traded on several exchanges. Cryptocurrencies that you can trade for GALA include Tether (USDT), Binance USD (BUSD), Bitcoin (BTC), and Ethereum (ETH).

You can find GALA coins to trade on 30 exchanges and launchpads, including AAX, Binance, Coinbase, KuCoin, Gemini, Huobi, OKEx, SushiSwap, and Uniswap.

The future of Gala

Gala started with a vision to build a decentralized gaming platform. It continues to bring multiple game studios together to provide NFT games to satisfy the public’s growing needs. Earlier this year, the company announced new node licenses for its maiden game, Town Star.

More recently, it announced that it will be allocating $5 billion for its NFT growth in 2023. The company is looking to further its expansion to include music, movies, and theme park NFTs.

The goal for 2022 is to move to its own proprietary blockchain. The move is expected to drive down fees for a more convenient and accessible gaming platform.

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