GALA History / Information / Buying / Staking
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GALA HISTORY
Gala Games was launched in 2020 and was one of the first in the play-to-earn niche. It stood out for the novelty at the time of rewarding players with tokens (in this case GALA) for playing a variety of games on the platform. The platform’s development team consisted of a total of 60 developers and currently has more than 1.3 million active users.
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HOW GALA WORKS
GALA is a blockchain-based, play-to-earn gaming platform that enables users to earn its GALA token for accomplishing in-game missions and milestone achievements. Players can also create and trade non-fungible tokens (NFTs) in the game or via non-game-based exchanges to earn crypto that can be converted to other digital assets including cash.
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BENEFITS OF USING GALA
BUILT ON BINANCE SMART CHAIN
This allows players to dramatically reduce transaction fees when using or spending their GALA tokens.
MULTIPLE GAMES
Games on the Gala network offers blockchain-powered gaming experiences where the platform has close to half a dozen games in its development.
MARKETPLACE
Gala Games makes it is easy for players to buy and sell in-game items over its built-in marketplace.
COMMUNITY POWERED
The Gala Games network depends on community-owned nodes that help power the platform. Likewise, the development team and operating staff are constantly engaging with the community to determine which games/features are most sought-after by the community. -
CAN YOU STAKE GALA
Gala Coin is available to Stake on four exchanges including Binance .5% APY
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COINS SIMILAR TO GALA
Direct competition to Gala which are considered similar coins are:
AXIE INFINITY SANDBOXDECENTRALAND ENJIN COIN