What Is Gala Games (GALA)?

GALA is a platform that aims to build an ecosystem of blockchain games and the primary means of paying for services. It will support game developers, provide incentives for node operators, and introduce new types of rewards in the games. They have released a white paper for more information on their concepts.

Gala Games aims to give gamers more control over their time & efforts. The gaming industry has grown quite a bit in the past few years, and games are required to cost less money in order to make profits. Gala Games mission is “to make blockchain games you’ll actually want to play.”

The game would like to change the fact that players can spend hundreds of dollars or similarly minded amounts of currency on in-game assets, which could be taken away with the click of a button.

The use of blockchain technology to introduce creative thinking into games by giving players control of the games and in-game assets is planned by Angelica.

Players can own non-fungible tokens (NFTs) and also influence the governance of games via the Gala Games ecosystem.

Gala’s Founders’ Node voting mechanism allows the company to prioritize what games get developed and what games are funded. To invest in a particular game, you can buy popular “NFTs” that represent that game.

Gala Games has used GALA and its own utility token in various ways so far. It has released a single playable game and an NFT collectible series called VOLX.

One of OneCoin’s plans in the future is to release more games. These include an ARPG game, a strategy game, and a TD game.

Just this year, Gala Games has seen more than 1.3 million monthly active users and 26,000 NFTs have been sold on the platform, while the priciest item went for $3 million.

How Is the Gala Games Network Secured?

The GALA token is the first token on the Ethereum blockchain, and will be used in all of its games. It runs on Ethereum’s Smart Contract system and requires a maximum of 50,000 Founder’s Nodes to secure it by validating in-game transactions.

When a new game is released on our platform, nodes can vote on its release. This is what makes Gala Games such a unique place to play the games you love. Node operators earn points by running nodes and helping us release as many games as possible.

In order to receive your GALA, you have to have a node running for six hours in a cycle or have at least four referrals with nodes going at the time of distribution. Your points would be combined and the amount given out is split between them equally.

Can Gala Games Hit Over $1?

Taking Gala between $0.02 & $1 would require an exponential 50X in share price. The company has a wide selection of games, experienced leadership, and is well positioned to grow in the future. This goal for growth may seem out of reach given recent trends in share price, but given time it could happen.

How Many Gala Games (GALA) Coins Are There in Circulation?

There will be a maximum total supply of 95 billion GALA. Currently, there are approximately 7 billion GALA tokens in circulation

Each day, 17,123,286 coins are distributed to airdrop participants at 2 a.m. Half of this amount is distributed to founders and the other half is shared with Gala Games’s conservatorship. Gala distribution for this year will halve on July 21st

Starting on July 21st of 2022, the daily distribution of GALA will be 8.5 million instead of 17 million. The GALA token serves as a utility token that is used to purchase items from the game and can be earned from running a node

Where and How to Buy Gala (GALA) Crypto

We suggest binance for you, for a number of reasons.

Binance is one of the most popular cryptocurrency exchanges in the world. It offers simple interface and easy access to cryptocurrencies.

Binance is well known for its low trading fees, high liquidity, and high security standards. This exchange also offers a variety of trading pairs, including fiat pairs like USDT, EURT, and JPYT.

We suggest Binance for you because it has the best cryptocurrency trading platform in the world. The exchange is well known for its low trading fees and high liquidity which makes it perfect for beginners or experienced traders looking to buy large amounts of cryptocurrencies at low cost.

Binance is a crypto-based cryptocurrency exchange with a focus on blockchain technology. It supports multiple coins and trading pairs, and was founded in China in July 2017.

We are sure that you are also asking yourself why you should choose binance over other exchanges. Well, here are some of the reasons that we recommend it to you.

– It’s the world’s top cryptocurrency exchange by trade volume (by far).

– It has low fees when compared to other exchanges.

– Its platform is easy to use and comes with many additional features such as instant deposits and withdrawals, analytics tools, etc.

We are sure that you are also asking yourself why you should choose binance over other exchanges. Well, here are some of the reasons that we recommend it to you.

This introduction has been designed to explain why users should choose binance over other exchanges. There are multiple ideas presented in this introduction which includes advantages and disadvantages of choosing this exchange

Step 2: Fund you Binance account with crypto

To buy any cryptocurrency, you must first deposit it into your account. However, most exchanges will not allow you to deposit fiat currencies with them – which means that if you want to buy Bitcoin, for example, with US dollars, your options are limited. That’s where Binance comes in! You can use this exchange to convert any existing cryptocurrency into Bitcoin and then send it into your account at another exchange that will accept fiat deposits. This process takes time but is worth the effort if you want to deposit fiat into your account via bank transfer.

But the quicker way is to simply use your credit/debit card to buy BTC, but the choice is yours.

Depending on the type of account (individual or business) and the amount of cryptocurrency to deposit, there are different methods for depositing funds in your binance account.

There are two ways that you can deposit crypto into your binance account:

1- Direct Deposit: You can transfer cryptocurrency directly from an exchange through a wallet (This is the most simplest and fastest way to deposit cryptocurrencies).

If you’re looking to buy cryptos with fiat currency, then you will need to use use your debit or credit card which you can do on the binance platform.

This guide will show you how to deposit Bitcoin into your binance account using a wallet address. And what to do with your BTC to get GALA.

We recommend you buy BTC, because this is a trading pair with GALA.

Step 3: Trade Your Crypto For GALA

Cryptocurrency exchanges are the best way to trade crypto. They provide a platform for users to purchase or sell their digital assets, and they allow for easy transactions between buyers and sellers of different digital assets. Trading on an exchange is simple and straightforward, making them the most popular choice among traders.

To get started you need to log into your binance account, and then go to the home page. Click on trade then basic, and you will see this image.

Then choose your trading pair, in this guide we have gone for BTC/GALA, but if you have another pair that works then you can do that.

Now simply just choose the amount of BTC you would like to trade for GALA.

Use market or limit order, there are differences between these, you need to know this.

There are huge differences between market order and limit order, one is a buy order and the other is a sell order. But at the end of the day, they both have the same goal – buying or selling a certain amount of a security.

At their core, these orders have different objectives, for example:

1) Market Order: Buying or selling quantity at current market price

2) Limit Order: Entering into an agreement where you will buy or sell at a specific price once it reaches that level.

What Makes Gala Games Worth Investing In?

Gala offers multiple blockchain games that focus primarily on fun and experimental gameplay. Blockchain technology doesn’t really play a major role in the gameplay and you’re most likely not going to come up with an entire sentence explaining what it is. Town Star is a browser-based simulation game that recently released and has some similarities to the gameplay of SimCity. Players build and manage their own town, while staying in control of it 24/7. VOX is Gala’s set of collectible non-fungible tokens (NFTs). Each VOX is unique and some are rarer than others.

An initial 8,888 VOX tokens were distributed for an average price of 0.0888 ETH, or about $280 at the time of writing. Although this was a novel idea following a trend of new ICO launches, VOX did more than just take the place of ethereum-backed avatars. Holders can lock up GALA and earn VOXcoin in the future by playing with their VOX avatars. They also get their own FBX file, which allows them to animate their avatars or even 3D print them at a later date.

Fortified is a player-versus-player tower defense game set in a fantastical medieval world. Players will compete to build the best tower defense strategies,

Mirandus is a fantasy RPG set in a massive world. Players will be able to own resources and claim land, build properties on it, and carry out transactions within the game.

Echoes of Empire is a sci-fi strategy game where players will have the opportunity to conquer space & own their own spaceships. The game also includes multiple different mod-able campaigns that can be customized with user created parts.

Spider Tank Project is a game that will be available for free online. Players will be able to play with friends and other players, and there will be an in-game revenue generator. It is set to release in Q4 2021.

Community feedback is one of the major constituents in Gala Games’ development process. They allow players to shape their games and get direct access to their devs.

Users can run Gala Nodes, which support the Gala network. In return, they receive rewards like GALA tokens and other opportunities.

The Gala Node ecosystem consists of a 3-layer system of nodes which are different based on the stakeholders of each layer. There is PoW, staking and storage. Founder nodes are additionally tier 1 based on 50,000 NFTs owned by the individual owning it.

This is a group of early supporters who receive rewards of NFTs from all future games and GALA.

Proof-of-Storage are nodes that will allow the games you use to be able to host themselves instead of relying on centralized hosting. It is built on the Ethereum blockchain and has a fee associated with it.