GFAL
Games for a Living
$0.00000000AUD
Market Cap
72.3M AUD
24H Trade Vol.
1.2M AUD
Total Supply
4.8B
All
1W
1M
1Y
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Price Changes
24H:
+0.00%
7D:
+0.00%
Instant
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0.00000000 GFAL
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Buy Games for a Living (GFAL)

What is Games for a Living?

Games for a Living (GFAL) is a utility token designed to operate within a Web3 gaming ecosystem. It facilitates transactions, governs game operations, and supports in-game activities. The GFAL token aims to connect different games within this ecosystem by enabling a range of operations, including marketplace transactions, purchases, and commissions.

How does Games for a Living work?

Games for a Living operates on the BNB Smart Chain (BEP20), utilising blockchain technology to enable secure transactions and governance within the gaming ecosystem. The token uses a consensus mechanism known as Proof of Staked Authority (PoSA) combined with Delegated Proof of Stake (DPoS). Smart contracts play a crucial role, facilitating transactions and governance activities, including minting game assets into NFTs and enabling in-game purchases and trading.

What are the potential use cases for Games for a Living?

GFAL has several use cases within its ecosystem and the wider gaming and blockchain industry:

  • In-Game Transactions: Players can use GFAL for purchases, upgrades, and transactions in games.
  • Marketplace Activities: It serves as a currency for trading on associated marketplaces.
  • Governance: Token holders can exercise voting rights to influence the ecosystem's development.
  • For Developers: Developers can use GFAL to pay for tools and services on the Games for a Living Network.
  • Tournaments and Events: GFAL rewards are provided for participation in special events and tournaments.

What is the history of Games for a Living?

Founded in 2021, Games for a Living was established by a group of experienced professionals from the gaming industry, including key figures like Manel Sort, Trip Hawkins, and Javier León. The project's mission is to revolutionize gaming by leveraging blockchain technology to enhance accessibility and interaction in games. Since its inception, the company has developed a set of blockchain-based tools and a marketplace aimed at making Web3 gaming as mainstream as free-to-play games.

Frequently Asked Questions (FAQs)