GALA
GALA Price
Gala Games (GALA) is a Web3 Game platform that offers NFT ownership and GALA token to users with its play-to-earn mechanism. More
| Fully Diluted Valuation | $832.33M |
|---|---|
| 24H Trading Volume | $222.23M |
| 24H Low / High | $0.02 / $ 0.02 |
| Circulating Supply | 45.30 B |
| Total Supply | 45.30 B |
| Max Supply | 50.00 B |
| Categories | Gaming (GameFi) 10 more |
|---|---|
| Founder | Eric Schiermeyer |
| Website | galachain.com 1 more |
| Socials | 4 more |
| Chains | Ethereum Ecosystem |
| Explorer | Gala 5 more |
| Contracts |
0xd1d....87cae
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| Name | Pair | OG Score |
|---|
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.
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.
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.
Gala Games has secured backing from notable investors, including Puget Sound Venture Club, Broslyn Capital, CaptureAlpha, Ignite Group, KOI Capital, and Krenex Capital.
You can buy GALA (GALA) on Binance, BitgetBybitOKXMEXC cryptocurrency exchanges.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of GALA (GALA) is ($45,301,030,177), max supply of GALA GALA is ($50,000,000,000) and the market cap of GALA GALA is ($832,332,389).
What is the GALA (GALA) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of GALA (GALA) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether GALA (GALA) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (GALA GALA) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does GALA (GALA) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether GALA (GALA) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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