### What is GALA?
GALA is an Ethereum-based cryptocurrency that powers the Gala Games ecosystem. It aims to revolutionise the gaming industry by offering a decentralised platform for virtual worlds, games, and digital assets. As an ERC-20 and BEP-20 token, GALA facilitates transactions within the Gala ecosystem and empowers users to engage in governance participation and other platform activities.

### How does GALA work?
GALA operates on a combination of blockchain technologies, using Ethereum and Binance Smart Chain. Its future plans include transitioning to its own blockchain, GalaChain, to enhance scalability and efficiency. The token is based on ERC-20 and BEP-20 standards, allowing seamless integration with smart contracts. GALA employs a Proof of Stake (PoS) consensus mechanism to secure the network, validate transactions, and enable governance functionalities.

### What are the potential use cases for GALA?
GALA serves multiple purposes within and potentially beyond the Gala Games ecosystem:

- **Medium of Exchange:** Utilised for in-game purchases and transactions.
- **Governance:** Participants can vote on ecosystem development and changes.
- **Staking:** Contributes to network security and earns rewards.
- **NFT Transactions:** Facilitates buying and selling NFTs on platforms like Gala Store and OpenSea.
- **Future DeFi and NFT Applications:** Potential expansion into broader cryptocurrency and digital asset markets.

### What is the history of GALA?
GALA was founded by Eric Schiermeyer, co-founder of Zynga, along with Michael McCarthy. Gala Games was launched in 2019 with a mission to empower players through blockchain technology. Since then, the project has amassed a significant user base and has been involved in various developments, such as launching GalaChain and undertaking token burning events for sustainability. The ecosystem continues to evolve, focusing on decentralising gaming and enhancing user ownership of digital assets.

GALA Games

GameFi Bundle

WEMIX

Beam

Axie Infinity

Illuvium

Enjin Coin

Yield Guild Games

Magic

Smooth Love Potion

WINkLink

Adventure Gold

MovieBloc

FUNToken

Planet IX

My Neighbor Alice

Mobox

Alien Worlds

GALA Games (GALA)

Similar Coins

WEMIX

BEAM

AXS

ILV

ENJ

GMT

YGG

WAXP

XAI

MAGIC

SLP

WIN

AGLD

MBL

FUN

IXT

ALICE

MBOX

TLM

Resources

GALA Games (GALA) Price Index

GALA Games Price

Trading volume

Market cap

Resources