Market Data & Token Stats
| Fully Diluted Valuation | $150.16M |
|---|---|
| 24H Trading Volume | $18.73M |
| 24H Low / High | $0.003152 / $0.003273 |
| Circulating Supply | 47.65B |
| Total Supply | 47.65B |
| Max Supply | 50.00B |
Key Project Information
| Categories | NFT 11 more |
|---|---|
| Founder | Eric Schiermeyer |
| Website | gala.com Whitepaper 2 more |
| Socials | 3 more |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Arkm 5 more |
| Contracts |
0xd1d....87cae
2 more
|
OGAudit Security Evaluation & Social Audit Metrics
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$gala Markets
| Name | Pair | OG Score |
|---|
About GALA
In a world dominated by traditional gaming models that often demand continuous spending from players, Gala Games emerges as a beacon of change. Founded in 2019 by Eric Schiermeyer, Co-founder of Zynga, Gala Games is a play-to-earn game development company committed to bringing value back to players through the innovative use of Web3 and blockchain technology.
Gala Games has set itself apart by scrapping the old model, focusing on a "games-first" approach and creating a platform with AAA-level games, many of which are free to play. The team at Gala Games comprises industry-leading game developers, crypto pioneers and blockchain developers, boasting centuries of combined experience.
The heart of the Gala Games ecosystem is the GALA token, the core utility token that powers the entire platform. GALA serves as the main currency for purchasing NFT items, rewards for Founder's Node operators and the gas token covering network fees on Gala's blockchain. The total daily emission of GALA is gradually halved each year, fostering a controlled and sustainable tokenomics structure.
What makes GALA unique is its role in fostering player empowerment. Players can truly own in-game items in the form of NFTs, which can be traded on secondary markets. Gala Games aims to simplify the onboarding process for gamers entering the Web3 world, allowing users to make blockchain transactions seamlessly through existing wallets like Coinbase or MetaMask.
Gala Games works closely with OpenSea to facilitate its official NFT collections, emphasizing accessibility and ease of use for players. The Gala Games community, active on Discord, plays a pivotal role in the platform's success. This open dialogue approach ensures that players and community members are heard, fostering a strong sense of community.
Expanding beyond gaming, Gala Games launched Gala Music and Gala Film in early 2022, further solidifying its position in the Web3 entertainment space. The introduction of VOX, a generative NFT avatar project with collaborations with Dreamworks’ Trolls and AMC’s The Walking Dead, adds a gamified metaverse dimension to Gala's offerings.
Gala Games has unveiled its own layer-1 blockchain solution, Project GYRI, enhancing the platform's capabilities. Assets on Gala's blockchain are bridgeable to and from the Ethereum blockchain, with GALA acting as the gas token for all transactions.
As Gala Games progresses into 2023 and beyond, it remains at the forefront of Web3 gaming, with many announcements and releases planned. The company's commitment to providing players with freedom, ownership and rewarding experiences positions Gala Games as a formidable competitor to mainstream gaming platforms.
With investors such as Puget Sound Venture Club, Broslyn Capital, CaptureAlpha, Ignite Group, KOI Capital and Krenex Capital, Gala Games is not only reshaping the gaming landscape but also garnering support from key players in the investment community. As Gala Games continues to innovate and evolve, it stands poised to lead the way in the future of decentralized gaming.
What is unique about GALA (GALA)?
Gala Games stands out with its "games-first" approach, offering a play-to-earn model, AAA-level games and player empowerment through true ownership of in-game items as NFTs traded on secondary markets.
Who are the founders of GALA (GALA)?
Gala Games was founded in 2019 by Eric Schiermeyer, Co-founder of Zynga, along with a team of industry-leading game developers, crypto pioneers and blockchain developers.
Who are the backers/investors of GALA (GALA)?
Gala Games has secured backing from notable investors, including Puget Sound Venture Club, Broslyn Capital, CaptureAlpha, Ignite Group, KOI Capital and Krenex Capital.
Where can I buy GALA (GALA)?
You can buy GALA (GALA) on Binance, Bybit, Gate.ioMEXCOKX cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the GALA Official Website, GALA Whitepaper, GALA GitHub Repository and GALA X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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