Gala is a platform that focuses on developing blockchain-based games. This project aims to decentralize gaming empower players and impart more authority over the in-game assets and the economy. Gala Games is a blockchain-based gaming platform that allows players to create, own, and trade in-game assets using cryptocurrencies. The game was introduced by Eric Schiermeyer in 2020.
How to deposit GALA to your Trust wallet address
The users can deposit GALA from another crypto wallet address or a centralized exchange. Check this out!
- Choose the ‘Receive’ option from the home screen.
- Search for ‘GALA’ and select it.
After this, you will be given two options.
- Copy the deposit address and use it on the user’s exchange account or else on another crypto wallet to send funds to.
- Use the ‘Deposit from Exchange’ option to deposit crypto from the exchange account.
How do Gala games work?
The Gala games ecosystem offers several blockchain games created by in-house developers and external partners, including Ember Entertainment, Gamedia, Kung Fu Factory, Certain Affinity, and 22cans. This platform aims to provide a place to have fun rather than only focusing on using incentives to attract customers. The participants in the Gala network can enjoy Real-Time Strategy (RTS), Role-Playing Game (RPG), and Multiplayer Online Battle Arena (MOBA). All these titles will be provided with GALA cryptocurrency and NFTs for utilizing the platform.
Let’s check out a small comparison on Real-Time Strategy (RTS), Role-Playing Game (RPG), and Multiplayer Online Battle Arena (MOBA).
| Real-Time Strategy (RTS) | Role-playing game (RPG) | Multiplayer Online Battle Arena (MOBA) | |
| Prime focus | Building and authorizing a base or army. | Players create and tailor their characteristics | Two teams compete with each other on a predefined battlefield. |
| Characteristics | Characterized by intense and quick strategic decision requirements. | Narrating via character development. | Fusion of RTS, RPG, and action games. |
| Mechanics | Collecting resources Developing armies Upgrading settlements and defenses. | Engaging with Non-Player characters (NPC)Reading dialogues and collecting stories | Disruption Hero-centric gameplay, with each hero being controlled by one player marching toward their enemy base. |
Pros and cons of Gala
Pros
- The platform is influenced by the community through node management.
- Players are given full authority over their in-game assets.
- Players can earn money just by playing games.
Cons
- Gala currently operates in a highly competitive market along with several blockchain gaming projects.
- The value of GALA is volatile like any other cryptocurrency.
- Possibility of encountering limitations due to the dependence on existing blockchain technology.
How to buy GALA
Even though the prime objective of the Gala Games is to operate on Ethereum, the GALA token can also be used on some other platforms such as Polygon, and bridged to the BNB Smart Chain. This has enabled better trading fees when transferring value. Gala has a total supply of approximately 50 billion and each day new GALA tokens are distributed. In every year this issuance will be cut in half. The distribution was a little less than 4.3 million tokens as of July 2023.
If you are a player, you can earn GALA from games, on the other hand, if you are an investor, the GALA can be purchased from various cryptocurrency providers that include major exchanges like Binance and Kraken.
- Kraken: GALA can be traded only with the United States dollar and euros.
- Binance: A variety of cryptocurrencies are available which can be used to exchange with the GALA token.
- Coinbase: Permits to buy Gala only with a Coinbase wallet from a decentralized exchange.
To initiate the purchase of GALA, the foremost necessity is to have an account with a provider of choice and should verify the identity of the investor.
The following procedure is as follows:
- Select the currency that will buy the token.
- Click on ‘buy’ option.
After completing the transaction, the choice is the investors Either they can store the token within the exchange or withdraw and store it in a private and secure wallet.
How is GALA used?
GALA is regarded as an ecosystem’s most useful and vital resource.
- In-game purchases
GALA players can purchase several in-game items, virtual goods, and assets, within Gala Games’ blockchain-based games.
- Participation in events and challenges
GALA players can earn GALA as a reward by participating in the events, challenges, and competitions regularly hosted by Gala Games.
- Governance and decision-making
GALA holders govern the Gala Games ecosystem via a decentralized governance mechanism.
- Staking and yield farming
GALA holders are allowed to stake their tokens in various liquidity pools or yield farming protocols within the Gala Games ecosystem.
Final verdict
Gala Game is something like a true revolution in the gaming industry. This game offers ownership and authority over the players’ in-game assets via blockchain technology. GALA tokens enable players to enjoy a transparent, immersive, and fair experience.
FAQs
This question doesn’t have a clear-cut answer. The choice is upon you. Despite the decision, we recommend you conduct thorough research on the market condition and remember, invest only what you are willing to lose.
Gala does not have a fixed value since the exchange rate is always in motion. The value might change even in a fraction of a second. At the time of writing the value of Gala is €0.0034