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Gala Price(GALA)USD
Gala $0.03183202+10.31 %(24h)
GALA Price Information
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GALA Market Information
GALA Price History (USD)
About Gala (GALA)
The existence of Gala tokens is to promote the development of Gala games ecosystem as a payment method and reward the contribution of decentralized game networks. Gala games is a game company that hopes to empower players by giving them ownership and making full use of NFT and token economy in first-class games. All of this is driven by the native Gala token.
Who Created Gala ?
This blockchain startup was founded by Eric schiermeyer, a pioneer in the game and blockchain industry. He is the co-founder of Zynga, a popular mobile and social media game company. Schiermeyer is a supporter of casual games that attract the public, which led him to launch popular games such as Zynga poker, mafia wars and Farmville.
After gaining a reputation for engaging in trendsetting projects, schiermeyer launched Gala games in july2019. His vision is to create a gaming network where players have ownership of their games.
By 2020, the gala Games team has about 65 employees and has released a playable game called Town star and an NFT collection called vox. The company is developing two other games, mirandus and fortified. Other projects include a fantasy RPG game, a science fiction strategy game and a tower defense game.
What is Gala Token?
Gala is a practical token of the platform. You need to buy items in the game, or you can get them through the running node. In addition to the game specific NFT, the gala games utility token allows users to create and distribute unique items and ensure authenticity.
The token can be won in the game, and NFTs can be obtained through purchase, transaction and sale. Gala tokenomics has established an economy of wealth redistribution while keeping game ownership in the public domain.
There are four ways to earn Gala tokens.
- play a game
- Invite new users (earn gold coins through affiliation)
- Have a node
- Purchase / sale on exchange
Gala Token Distribution
The total supply of Gala tokens is 35billion. At present, there are less than 6.9 billion Gala tokens in circulation. 17123286 Gala tokens are distributed on the Internet every day. Half of these tokens are allocated to the founder node operator and the other half to the Protection Agency of Gala games. On July 21 of each year, the distribution of gala will be halved. Therefore, from July 21, 2022, the token distribution will reach 8561643 Gala instead of 17123286 Gala. This is a deflationary mechanism that game developers can change.
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People Also Ask: Other Questions About Gala
BTCC offers real-time GALA to USD prices, which can be accessed at the top of the crypto page.
The current market cap of GALA is $1.154B. Market cap refers to the current consensus between buyers and sellers on the price of a currency.
The global trading volume of GALA is $324.385M in the last 24 hours.
GALA's circulating amount is 0.00.
GALA's price history indicates its ATH price is $0.83668549, which was recorded on 11/26/2021.
GALA's price history indicates its ATL price is $0.00015101, which was recorded on 12/28/2020.
GALA is currently ranked no. 80 among tradable assets on CoinMarketCap.
To predict whether GALA will rise, please visit our GALA Price Prediction page. Also visit the BTCC Academy section for technical and marketing information.
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