What is Gala?

Gala is a blockchain-based gaming platform that empowers players by granting them true ownership of in-game assets through non-fungible tokens (NFTs). Founded in 2019 by Eric Schiermeyer, co-founder of Zynga, Gala aims to decentralize game development and in-game economies. The platform offers a variety of blockchain-powered games where players can earn, trade, and own digital assets. The native token, GALA, serves as the primary medium of exchange, facilitating transactions and governance.

How is Gala useful?

Gala provides a decentralized gaming environment where players control their in-game assets, allowing them to buy, sell, or trade freely. This contrasts with traditional games, where assets are confined to centralized platforms. Developers benefit from Gala’s blockchain infrastructure, gaining access to a dedicated community and tools for integrating blockchain features. The GALA token incentivizes both players and developers, supporting a dynamic ecosystem.

How does Gala work?

Gala operates on the Ethereum blockchain, using smart contracts to manage in-game assets and transactions. Players can acquire NFTs representing various game items, which they own and can trade on secondary markets. The network is powered by decentralized nodes run by community members, ensuring security and scalability. GALA tokens are used for purchasing in-game assets, rewarding node operators, and participating in governance decisions.

Gala milestones

• Gala Games Founded: Established in 2019 to decentralize gaming and empower players with asset ownership.

• Expansion to Binance Smart Chain: Integrated with Binance Smart Chain to increase scalability and reduce transaction costs.

• Launch of GalaChain: Introduced its proprietary blockchain to improve performance and lower fees.

• Major Partnerships: Collaborated with industry leaders like Brave and Polygon to expand the ecosystem.

• Ecosystem Growth: Continued development of blockchain-based games, solidifying its position in the Web3 gaming sector.

Gala’s commitment to decentralization and player empowerment has positioned it as a major force in blockchain gaming, offering a transparent and engaging alternative to traditional game economies.

Buy Gala (GALA) on BITmarkets.