![]() ![]() ![]() To date, Gala Games has launched a wide range of games that include notable names such as Battlestar Galactica. In-game items collected by Gala Games players can be traded, sold, or stored independently of the games in which they exist. Gala aims to create an interoperable gaming ecosystem that provides players with blockchain-based ownership over the assets they earn or win in games, using GALA as a fungible currency that makes it possible to transfer value between games operating on the Gala Games platform. Gala Games gives players control over game development - anyone can submit a game development idea to the platform, after which GALA nodes vote on proposals they want to see launched via Gala. No action is required from users holding GALA in their Ethereum wallet (s). An automatic 1:1 conversion for all users has been arranged, with support for the GALA v1 token being immediately dropped. The Gala Games platform aims to function as a scalable blockchain platform through which blockchain-based and play-to-earn (P2E) games can launch and operate. Web3 gaming project Gala Games will airdrop GALA v2 tokens to all GALA holders on May 15, the team announced in a blog post. Learn more about the token distribution here.Gala (GALA) is a blockchain-based ecosystem that integrates non-fungible tokens (NFTs) into games. The total supply is 35,240,112,493 and the current circulating supply is 6,980,000,000 ( ~19.81% of the total token supply). Likewise, trading volume for the digital asset multiplied considerably following the news, seeing it spike from 4 million a day, to over 500 million as of writing. Learn more about the governance process here.Īs at September 13th 2021, the maximum token supply of GALA is 50,000,000,000. Following its listing on Binance on September 13, 2021, the GALA token reached its all time high value, at 0.07633 per token. The majority of proposals will be about which games to add to the Gala Games platform, but there are other types of votes as well. Governance: Gala network consensus voting is only available to Founder node operators.The network is supported by three distinct node types which are the Founder nodes, Paid nodes, and Free nodes. Triple Proof Node System: Gala uses a hybrid consensus mechanism, which incorporates Proof-of-Work (PoW), Proof-of-Stake (PoS), and Proof-of-Storage.Town Star, a farming simulation game, is the first game released by Gala. Gala Games: A platform for users to easily access the Gala game titles, and view the development pipeline.Gala Store: Users are able to use GALA tokens as in-game currency to purchase items and NFTs, which can be used to play in the games on the Gala platform.Visa isn't backing down when it comes to cryptocurrency adoption. According to PICC's financial report, its credit guarantee insurance amount in 2019 reached 1.34 trillion yuan, and its revenue reached 22.767 billion yuan, a year-on-year increase of 96.7 from 11.57 billion yuan in 2018. GALA consists of the following major components working in conjunction: Puppy Shiba Inu White - Best Free Investment Apps. Learn more about node reward distribution here. Node incentives: In return for running nodes on the Gala network, GALA tokens are rewarded to the Gala node operators. ![]()
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