What better way than to choose the in-game assets playing the games you love? Seems alluring, huh? Wait till you read the rest! As an Ethereum-based, non-fungible utility token (NFT), GALA is used as the medium of exchange in the Gala Games ecosystem. Gala aims to change the path that the gaming industry is on.
What is GALA?
GALA is a nun-refundable utility token that runs on the Ethereum blockchain. GALA is used to purchase upgrades and new game-related assets. Moreover, GALA is the governance token in Gala Games. Founders of the Gala Games ecosystem wish to give players back control over their games to play blockchain games that they enjoy! Right now, players spend hours on games and invest in in-game purchases that may be taken away from them at any moment.
Nodes Voting Mechanism
The Gala platform aims to change the current path of the gaming industry. Investing hundreds of dollars on in-game purchases that could vanish into thin air does not seem fair. So, the Gala Games ecosystem encourages creative thinking that appears to have been forgotten by giving the players the vote to choose which games and in-game assets should be developed.
The Gala ecosystem provides a way for gamers to influence the governance of games on the Gala Games platform by purchasing GALA tokens. Players can control and choose what in-game assets should be developed or which games should get funding. Thanks to the Founder’s Nodes voting mechanism, they can decide which games should be created.
Players can purchase NFTs for specific games on the Gala platform and Gala’s utility token, i.e., GALA.
How Does GALA Work?
The GALA token is the primary cryptocurrency used in the Gala Games Ecosystem.
GALA is the digital utility token of the Gala Games ecosystem. It is cryptographically secured and can only be used in the Gala Games ecosystem.
Founders of GALA aim to provide a safe and easy way to pay for in-game purchases and for GALA to be used between players who wish to interact within the Gala Games platform.
Users can not refund GALA, and the Gala Games platform does not promise any fees, dividends, revenue, profits, or investment returns to GALA holders. According to Gala Games’ founders, GALA was only created to act within the Gala Games ecosystem, and its owner does not carry any rights.
Accordingly, GALA tokens and players’ purchased items are held on open-source and cryptographically secure wallets and storage mechanisms.
Gala provides users with an open-source wallet on the GALA website and the GALA app secured by a key phrase. Once users have created the wallet, only they can access the tokens and items held on the wallet.
The Gala Games Ecosystem: First Game and Where It Is Headed
Currently, only one game, i.e., Town Star, has been released by the Gala Games platform. In this game, winning players are rewarded with GALA.
In addition, the Gala platform plans to release more games in the future, including a fantasy RPG game, a sci-fi strategy game, and a tower defense game.
Gala Games was launched in 2019. Since then, the Gala platform has reached several 1.3 million monthly active users. Impressive, huh? Well, there is more to it. Gala Games has sold 26000 NFTs. The most expensive piece of NFT was valued at $3 million, and we may see higher prices in the future.
Why Choose GALA?
Since 2019, monthly active user rates of Gala have grown and reached 1.3 million users. Plus, a large amount of NFTs sold on this Ethereum-based platform seems promising. So, if you love gaming and are tired of spending time and money on games that you have no control over, click here to buy some GALA and invest in the blockchain games you love.