| General information | |
|---|---|
| Global rank: | 82 |
| Name: |
Gala |
| Symbol: | GALA |
| Current coin price (CZK): | 0.505 Kč |
| Last hour: | arrow_upward1.01 % |
| Last 24 hours: | arrow_downward-5.69 % |
| Last 7 days: | 14.52 %trending_up |
| Capitalisation (CZK): | 17 593 747 910.58 Kč |
| Volume 24h (CZK): | 2 133 790 607.22 Kč |
| Available supply: | 34 851 163 038.00 GALA |
| Total coin supply: | 50 000 000 000.00 GALA |
| Start date: | 2023-04-19 |
Gala/Czech Republic Koruna (GALA/CZK) price chart
Gala/Czech Republic Koruna (GALA/CZK) capitalisation and volume charts
Gala Games is a blockchain-based gaming platform that seeks to redefine the gaming industry through innovative blockchain developments. Live since 2019, it operates the world's largest gaming node network with a focus on community participation and decentralization. Gala Games offers players a truly decentralized gaming economy with a player-owned network of blockchain-based games. The project aims to keep the blockchain technicalities under the hood, appealing to gamers who are unfamiliar with blockchain. Gala Games is also in the process of developing its own native blockchain, GalaChain, indicating its continued commitment to leveraging blockchain technology for gaming.
The GALA token is the native digital asset of the Gala Games ecosystem. As an ERC-20 token on the Ethereum blockchain, it plays several key roles, including securing the network and being used as a medium of exchange for transactions within the Gala Games crypto ecosystem. It is used for fees, purchasing rare assets, and incentivizing developers to use within their games on the Gala Network. For example, the game Town Star offers a GALA token reward structure for the most active players. It's important to note that the GALA token is not representative of any shares or rights to the project, nor is it a guarantee of returns, profits, or dividends to holders. The GALA token can be acquired through investment on a crypto exchange or by becoming a Gala Games Node operator, with the latter option offering an opportunity to earn a passive income.
Gala Games was created by Eric Schiermeyer, who is also a co-founder of Zynga, a well-known mobile gaming company. Eric Schiermeyer's extensive experience in the gaming industry has been instrumental in the formation and growth of Gala Games. The vision behind Gala Games was to empower players by allowing them to control and benefit from their in-game assets using blockchain technology.