Cryptocurrency

Gala

Coin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/gala-games-empowering-gamers-through-blockchain-ownership" rel="noopener noreferrer nofollow">Gala Games: Empowering Gamers through Blockchain Ownership</a><br></p>
<p style="text-align: justify">Gala Games is pioneering a movement in the gaming landscape by ensuring players regain control through blockchain technology. Their objective is to develop engaging blockchain games that captivate the actual gaming community.</p>
<h2 id="empowerment-and-ownership-in-gaming">Empowerment and Ownership in Gaming</h2>
<p style="text-align: justify">The company is addressing the issue of gamers investing time and money without ownership of their in-game assets. By leveraging blockchain, Gala Games enables players to have real influence and control in game development and asset management. Players can possess unique non-fungible tokens (NFTs) and take part in decision-making through Founder’s Nodes votes. Gala Games has launched Town Star, a playable game, and an <a href="https://en.bitcoinhaber.net/non-fungible-turmoil-nft-market-faces-security-breaches-amid-crypto-uptick" rel="noopener noreferrer nofollow">NFT</a> series called VOX, with more titles like a fantasy RPG and sci-fi strategy game in the pipeline.</p>
<p style="text-align: justify">Since its inception in 2019, the platform has grown to 1.3 million active users monthly and has sold over 26,000 NFTs, highlighting one piece that sold for a staggering $3 million.</p>
<h2 id="behind-the-scenes-of-gala-games">Behind the Scenes of Gala Games</h2>
<p style="text-align: justify">At the helm of Gala Games is Eric Schiermeyer, a co-founder of Zynga, who has been at the forefront of social and mobile gaming. After Zynga’s success with games like Farmville, Schiermeyer directed his focus towards blockchain gaming with Gala Games, which was established in July 2019.</p>
<p style="text-align: justify">Gala Games incentivizes users to operate nodes that sustain the network, rewarding them with GALA tokens, NFTs, and other opportunities. The network utilizes a unique tri-proof system including Proof of Work, Proof of Stake, and Proof of Storage, ensuring the decentralization of game hosting and avoiding reliance on traditional cloud services.</p>
<h2 id="gala-token-how-to-acquire-the-cryptocurrency">GALA Token: How to Acquire the Cryptocurrency</h2>
<p style="text-align: justify">Gala Coin is available for purchase on <a href="https://en.bitcoinhaber.net/binance-halts-nigerian-naira-on-peer-to-peer-trading-platform" rel="noopener noreferrer nofollow">Binance</a>, the largest crypto exchange by trade volume. Users can sign up on Binance, deposit fiat money, and then trade GALA through various <a href="https://en.bitcoinhaber.net/crypto-companies-urge-us-treasury-to-reconsider-reporting-rules-for-transactions-involving-mixers" rel="noopener noreferrer nofollow">cryptocurrency</a> pairs. Binance also offers the option to use the ‘Limit’ order feature, allowing buyers to set their desired purchase price.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/gala-games-empowering-gamers-through-blockchain-ownership" rel="noopener noreferrer nofollow">Gala Games: Empowering Gamers through Blockchain Ownership</a></h5>

Gala Games: Empowering Gamers through Blockchain Ownership

Table of Contents

BH NEWS

Other articles published on Mar 4, 2024

671,000 BTC Bought by Million Bitcoin Addresses at This Demand Zone, DOGE Rally Leaves 80% of Inv...

Blastoise: The Official Mascot Meme Coin of Blast - Unveiling the Future of L2 Finance

Physicist Giovanni Santostasi Forecasts Bold Bitcoin Prices with Power Law Model

USD Coin and Solana Enthusiasts Thrilled with Kelexo (KLXO) at $0.028 for Anticipated 20X Gains

Ethena 2 and ACI Propose sUSDe Integration to Aave V3 on Ethereum

BONK surges by 55%: Are more gains ahead?

Join our free newsletter for daily crypto updates!