Gala Games (GALA) is a blockchain-based gaming platform that gives players control over in-game assets and a say in game development. By allowing true ownership of digital assets through NFTs (non-fungible tokens), Gala Games empowers players within a decentralised ecosystem where they can participate in the governance of games and shape the direction of the platform.
Gala Games operates on the Ethereum blockchain, using smart contracts to establish and transfer ownership of in-game assets. The platform leverages a Proof of Stake (PoS) mechanism to secure its blockchain operations, enabling users to transact, own, and govern their digital assets seamlessly. Through smart contracts, Gala Games supports player-driven governance, allowing the community to vote on key decisions affecting the platform and individual games.
Gala Games has a range of applications within the gaming industry:
The platform's focus on player empowerment and ownership makes it highly relevant in the gaming, blockchain technology, and digital asset management sectors. Gala Games has partnered with various game developers to expand its ecosystem and offer games across multiple genres.
Gala Games was founded in 2019 by Eric Schiermeyer, co-founder of Zynga, to transform the gaming industry by offering players ownership and governance over their in-game assets. Since launching in 2020, the platform has introduced multiple successful games, expanding its reach and community engagement.
The GALA Games price is $0.07891001 AUD, representing a +19.97% from the day prior.
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The trading volume of GALA Games (GALA) is $1.5B AUD in the last 24hrs, representing a +19.97% from the day prior.
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The current market cap of GALA Games (GALA) is $3.3B AUD.
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The current circulating supply of GALA Games (GALA) is 41.7B.
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