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