After metaverse tokens: The Sandbox (SAND) and Decentraland (MANA) gained attention throughout November 2021, many investors began looking for potential tokens to earn big returns with guaranteed projects.
Have you heard of Gala Games powered by its native token, GALA?
Ecosystem Gala Games
Gala Games is the idea of Zynga co -founder Eric Schiermeyer. It was launched in July 2019 with the mission of “blockchain games you’ll actually want to play”.
This means it is a non-fungible token (NFT) -based game blockchain developed on the Ethereum network.
Just like Axie Infinity, Gala Games is also a play-to-earn (P2E) game category.
Based on records dated December 3, 2021, the Gala Games community grew to 1.3 million monthly active users with 26,000 NFTs successfully sold.
Interestingly about Gala Games, it overshadows several other games: Town Star, Echoes of Empire, Spider Tanks, Mirandus, and Fortified.
Just like Zynga which offers Cafe Ville, Farmville, Poker, and Mafia Wars games.
Token GALA
Launched without an initial coin offering (ICO) and investors also at that time could not buy it at the Gala Games.
GALA is only available by running a founder node, meaning users need to purchase a Founder’s Node first.
It is a utility token that dominates the Gala Games ecosystem.
Used to:
Purchase necessities or items in the Gala Games game collection.
Peer-to-peer (P2P) payments.
Reward offers to node operators.
GALA began airing in the ecosystem in September 2020.
Gala Games uses the p.Network link to enable GALA to also operate on the Binance Smart Chain (BSC).
GALA can be used in all games offered by Gala Games only, not for use by other ecosystems.
The market value of GALA at the time this article was written reached $ 3.5 billion and it traded at $ 0.52 per unit.
The supply of these tokens is limited to 35.2 billion GALAs and a total of 6.98 billion GALAs are in the current supply cycle.
Token purchases can be made on several crypto exchanges: Binance, Coinbase, KuCoin, and Crypto.com.
Founder’s Node and the Gala Games ecosystem
Is the backbone to the Gala Games ecosystem.
Limited to 50,000 nodes only.
Users (referring to players) who run Founder’s Node indirectly contribute to the growth of this ecosystem.
Players also have actual ownership of their assets and content within the Gala Games.
For those interested in getting Founder’s Node can visit the official website of Gala Games.
The firm plans to launch more games that will use GALA. So, it is not impossible that through the participation of investors and players into the games offered, the price of GALA will also increase.
The record throughout 2021 is very outstanding for GALA. The price movement was also remarkable with a jump of over 81,000% for a record year-to-date (YTD).
The last time GALA recorded an all -time high (ATH) was on November 26, 2021. Will GALA showcase its performance again in the future? Stay tuned!
