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What is Gala all about
Gala Games is a platform that utilizes blockchain technology in gaming. It specifically focuses on a new type of games, called "play to earn". Gala achieves this goal through the use of player-owned NFT assets, as well as distributing GALA tokens to players. Gala's games also follow the "free-to-play" model, meaning that there is no barrier of entry for new players.
Gala Games platform was built on top of the Ethereum blockchain, but it has already migrated to Binance Smart Chain. It is secured by a unique triple-proof node system. The first type of nodes are Founder nodes. These operate on a Proof-of-Work consensus mechanism, and there are only 50000 of these nodes available. Users running the founder nodes receive GALA tokens and NFTs as rewards. They also gain special privileges of being able to vote on upcoming games. Nodes based on the Proof-of-Stake consensus are called "paid nodes". They operate specific games through renting smart contracts. The last type of nodes are "free nodes". The work on the Proof-of-Storage protocol. Anyone can run these nodes and receive a small reward for doing so. Free nodes are needed to maintain a decentralized game hosting system.
Gala Games was founded by Eric Schiermeyer, a co-founder of Zynga. Zynga is a mobile game developer known primarily for their widely popular Farmville game series.
GALA is an ERC-20 utility token native to the Gala Games ecosystem. It is used mainly for purchasing NFT assets from the Gala marketplace. GALA is also used to buy Founder Nodes. GALA is expected to gain more functionality, as the Gala Games ecosystem expands. The tokens are purchasable on different exchange platforms, as well as gained as rewards to node operators. Gala also has a system that rewards its best players with GALA tokens.
The Gala marketplace offers NFTs of assets that are usable in all games available on the platform. These NFTs exist on the Ethereum network, which means they are separate from Gala Games. As such, even if a user got banned from the Gala platform, they would retain their NFT assets. Gala's NFTs have a uniformed rarity ranging from common to ancient. The most expensive NFT that was sold on Gala's marketplace sold for approximately 3 million USD.
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GALA Questions & Answers
How much does Gala cost today?
Current price of Gala is at 0.07861100 EUR.
When did Gala reach its peak?
Gala's price was the highest on 2021-11-26, when it was at 0.74 EUR.
What will the Gala price be 30 days from now?
In accordance with our prediction, we expect, the cost of Gala is likely going to reach between €0 and €0.19 in 1 month.
What will Gala be worth in three months time?
Using our short term prediction we suspect the cost of Gala will be between €0 and €0.19 90 days from now.
What is the price of Gala going to be in half a year?
There is no easy way to make an accurate long-term prediction, however based on our prediction algorithm we expect that Gala's value is likely going to reach between €0 and €0.19 half year from now.
How popular is Gala among social media users?
1873 people participated in discussing Gala online on Reddit in the last 48 hours. Gala's official Twitter handle is currently followed by 0 users.
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