Gala Games: NFT Gaming Platform With Potential | by Maximilian Perkmann | Mar, 2022

Gala Games is a gaming platform that integrates Non-Fungible Tokens (NFT) into a blockchain ecosystem for games.

Quickfacts:

  • Gala Games has over 1.3 million users
  • The network of Gala Games uses the Gala Coin as a means of payment
  • 10 games are currently in development or launched on the Gala Games platform

Gala Games seeks to transform the gaming industry by giving control of the game development back to the players. The goal of Gala Games, according to the platform’s website, is to “create blockchain games you want to play.”

“Superior” game on the gala games platform — app.gala.games

Tea Gala Games Coin (GALA) is the platform’s token, which has several functions: Control of the network, incentives for node operators, and in-game prizes for players who participate in the platform’s games. GALA can also be used as in-game money to buy NFTs and items in the Gala Shop.

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 is a verifiable asset on the blockchain you can trade to another person or play with in-game. — app.gala.games

In this ecosystem, everyone is allowed to submit their gaming ideas. The GALA nodes then vote on the proposals that should receive financial support and be allowed to be developed further on the platform. Gala Games currently has ten games, one of which — “Townstar” (more on this below) — is already live.

We believe the blockchain should be invisible in our games. We use simple game mechanics that all players can enjoy, whether or not they consider themselves to be blockchain pros. — app.gala.games

At Gala, not all nodes are the same. On the one hand, there are the game-specific nodes and on the other, the so-called founder nodes. There currently is a maximum of 50,000 of these. You could buy this status by purchasing a license for 165,000 GALA. To receive rewards in the form of tokens and NFTs for one’s participation in a proof-of-work consensus mechanism, the nodes must be active for at least six hours a day. To compensate for the CO₂ emittedGala Games supports the “One Tree Planted” project, according to the website.

Gala Games — app.gala.games

GALA is an Ethereum token used as a means of exchange between Gala Games players. For example, the Gala Games Coin can be used to pay for in-game items.

The tokens are used to:

  • participate in voting
  • reward nodes
  • make P2P payments.

In addition, players of the Gala Games can use the tokens to buy uniquely assignable items on their own NFT-marketplace. In addition to GALA, ETH, BAT, and TOWN also serve as means of payment on this market. The items can then be used to improve their game performance.

Gala price development — coinmarketcap.com

Almost every game on the Internet has in-app purchases, where players can buy items with real money. This offers players a new game experience as well as developers a whole new income stream.
The purchased items usually remain in the player’s inventory and cannot be transferred or sold to other players. This is exactly what Gala Games is changing.

Gala NFT store — app.gala.games

The items in Gala Games are NFTs that a player can trade, sell or give away to another user at any timewithout the need for a central platform.
Even if the player is banned from the platform, the NFT token remains assigned to them based on the blockchain records stored.
A special characteristic of the Gala platform is, that there was No Initial Coin Offering (ICO) similar to Bitcoin. Nor did the company raise money from venture capital firms to build the network in the beginning. Thus, it can be assumed that the value of the tokens is primarily made up of what players are willing to pay for the items. A positive signal.
Similarly, it is worth noting that there are no roadmaps, whitepapers, or a way to track the current state of development. Gala Games differs quite substantially from other blockchain projects.

In 2021, Gala Games announced to partner with Polygon (MATIC) to address the issues with the high gas fees of Ethereum.

Have a look at Polygon as well: POLYGON (MATIC): Upgrade For Ethereum Breaking Out Soon?

In this farming simulator, people buy trucks or barns as NFTs to farm their digital land more efficiently and quickly. You receive Townstar tokens (TOWN) for your achievements, which in turn can be used to buy NFTs.

Townstar Screenshot — youtube.com

Since November, the game now also has its own nodes, which again required their license. According to a blog post, all licenses were sold out within five minutes during the sale that took place in November. In the second licensing round in January, the starting price for a TOWN license was the equivalent of 14,000 US dollars.

The project looks interesting: It has high goals, a specific use case, and clear intentions to target a broad market.
Combined with growing adoption, positive price forecasts, and a community consisting of thousands of users, GALA could be worth a closer look. Still, even though there are 10 games listed on the platform’s site, most of them are in development.

For newcomers, I’d personally recommend crypto.com* to purchase the Gala token. Crypto.com*offers a whole ecosystem with a credit card (including crypto-cashback), staking, and many more features. Read more here.

For EU citizens, Bitpanda* also provides a well-rounded service including savings plans and even supports stocks and precious metals at low fees. Here you go*

For anyone seeking a more advanced platform with lower fees, give BitForex* a try!

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