Good evening Publish0x community! Welcome back in this new article of my “Easy & Short Cryptocurrencies Made Accessible” area.
In this article we talk about more features of Gala Games!
In the last E&S article I introduced you Gala Games (GALA) and I said that is a blockchain-based gaming ecosystem that allows users to earn money by playing games. It creates and supports a wide range of games for players, including Townstar, The Walking Dead, Last Expedition, and others. Unlike Axie Infinity, the games are free (no upfront payment required) and can be accessed through a browser with few device requirements.
What is GALA Coin?
The GALA coin is an Ethereum blockchain ERC20 token and a Binance Smart Chain BEP20 token. GALA functions as a utility token in the GALA gaming environment, enabling the purchase of game products (NFT), P2P payments, and reward nodes. It is also used to secure a license to operate the GALA founders node, which is discussed below.
The entire quantity of GALA tokens is limited to 50 billion, and the supply is halved each year on July 21. Each day at 02:00 UTC, a total of 17,123,286 GALA tokens are given, half of which are allocated to the Founder's node operators and the rest to the GALA game conservancy. It is critical to remember that GALA is a non-refundable utility token, meaning that once a transaction is completed, it cannot be cancelled. GALA is not used for governance, and its ability to pay transaction fees is still in the works.
Gala is trading around 0.20$ area. It reached all time high around the end of November 2021 with a peak of 0.71$.
GALA Principles:
- Fun First: they believe the blockchain should be invisible in our games. They use simple game mechanics that all players can enjoy, whether or not they consider themselves to be blockchain pros.
- Owned by Players: players get to truly own what they win in our games. If you earn or win a magical sword on the Gala Game Platform, it is yours. Your items and any inherited status are a verifiable asset on the blockchain you can trade to another person or play with in-game.
- Community Rules: they don’t develop games in a vacuum, they constantly engage and test assumptions with their Discord community. They build alongside a vocal community whose input shapes the direction each game’s design takes.
- Powered by the People: Everything within the Gala Games Network depends on the player-owned Node Ecosystem. The Gala Network is supported by users, just like you, who operate Gala Nodes from their home computers.
The decentralized Gala Games ecosystem aspires to blow the doors wide open and give players back the control they deserve. Through decentralization, players not only own their in-games items, but they have a voice in how the Gala Games roadmap develops. Players and node owners will be enlisted, via distributed voting mechanisms, to help determine what games should be added to the platform or what should be funded by the decentralized Gala Games ecosystem.
Have you ever run a GALA node?
If you’re interested to run a GALA node you can start to read all detailed info at this page: https://app.gala.games/nodes
Next Sunday I’ll introduce to you a new cryptocurrency.
Have you already played to some Gala Games? Let me know in a comment.
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