What Is Gala Games and How to Buy GALA?

Gala Games is a play-to-earn blockchain-based gaming platform where players can earn cryptocurrency while playing games. It offers decentralized gaming, NFT marketplace, and GALA tokens for rewards and participation. 

This article provides information on Gala Games, including how it works, its native coin GALA and tokenomics, history, features, token value, and where and how to buy GALA tokens.

What Is Gala Games and How Does It Work?

Gala Games is a blockchain gaming platform that enables players to earn cryptocurrency while playing their favorite games. Gala Games is built on Ethereum blockchain which ensures secure and transparent transactions and gives players complete decentralized ownership and control over their gaming assets and NFTs.

Gala Games is unique due to its decentralized gaming approach. It is run by a decentralized network of players and developers, empowering players to participate in platform development and governance while earning cryptocurrency for their contributions.

To begin on Gala Games, players must create an account and purchase GALA, the platform's native cryptocurrency. GALA can be earned by playing games, participating in community events, or buying on cryptocurrency exchanges.

After acquiring GALA, players can start playing unique games on Gala Games that require strategy or skill. Players can earn GALA by completing challenges, winning battles, or advancing through game levels.

Gala Games adopted a gaming model called Play-to-Earn model. This gaming model enables players to earn cryptocurrency (GALA) by achieving goals and milestones while playing games and advancing in levels.

Gala Games provides an NFT marketplace, where players can purchase and sell gaming digital assets on the blockchain, granting them full ownership of their virtual property. This as a result adds to the utility of the GALA token. 

Gala Games also has an active community with forums, social media channels, and Discord servers where players can connect, trade items, and collaborate on events and game development. The Gala Games community is crucial for determining the platform's direction and growth.

What Is a GALA Token?

GALA serves as the primary utility token in the Gala Games ecosystem. This token plays several essential roles, including serving as the primary means of purchasing NFT items within the platform.

GALA token also serves as a means of incentivizing and rewarding community engagement and participation within the platform. GALA can be earned through various activities such as playing games, participating in community events, and completing tasks. 

Furthermore, the token can be staked to earn more rewards or used to participate in governance activities. GALA token plays a crucial role in driving the growth and sustainability of the Gala Games ecosystem.

GALA Tokenomics 

*Data source: The table above is real-time data from Coinmarketcap as of May 27, 2023.

History of GALA

Gala Games was created in 2019 by Eric Schiermeyer, who was one of the co-founders of Zynga. He teamed up with gaming experts, blockchain developers, and crypto pioneers who shared his vision. Together, they aimed to give players more control and transform the gaming industry.

Their past successes in mobile gaming, including popular games like Zynga Poker, Farmville, and Mafia Wars, provided a solid foundation for their new venture. As of early 2023, Gala Games is a fully remote US-based company with about 400 employees worldwide, including teams working on Gala Music and Gala Film.

Gala Games has announced Project GYRI, a "games-first" blockchain solution designed to offer high security and low transaction costs for players. The layer-1 blockchain enables the bridging of assets between Gala's blockchain and Ethereum, with GALA serving as the gas token for all transactions. The company plans to make several releases and announcements in 2023 as it establishes itself as a leader in Web3 gaming.

The Gala Games team is deeply enthusiastic about gaming and is utilizing the latest advancements in Web3 technology to offer gamers unprecedented freedom. This freedom includes the ability to own, earn, and play without constraints.

Features of Gala Games (GALA)

Gala Games is a play-to-earn gaming platform that offers several unique features that make it attractive to gamers and investors. Here are some of the key features of Gala Games:

1. Gaming-First Approach: The main focus of Gala Games is to prioritize gaming and create captivating and immersive gaming experiences for its players.
2. NFT Marketplace: GALA Games features an NFT marketplace where players can buy, sell, and trade rare in-game assets and collectibles.
3. Founder's Node Program: GALA token holders can earn rewards for their contributions to the platform by operating nodes through the Founder's Node program.
4. High-Quality Games: Gala Games features high-quality games like Town Star, a city-building game, Mirandus, an open-world fantasy RPG, and Spider Tanks, a PvP tank battle game with customizable tanks. These games are engaging and offer various gameplay experiences.
5. Community-Driven: Gala Games is community-driven, and players can earn GALA tokens through staking, playing games, and community engagement, fostering a sense of ownership and engagement that appeals to gamers.

Overall, Gala Games is a promising blockchain gaming platform with a number of attractive features. The GALA token is a good investment for those who believe in the future of blockchain gaming.

GALA Token Value

The value of GALA tokens is determined by supply and demand. The current price of GALA is $0.030 USD as of May 2023.

The value of GALA token can be influenced by the following factors listed below:

1. The number of GALA tokens in circulation.
2. The demand for GALA tokens from investors and gamers.
3. The success of the Gala Games platform.
4. The overall influence of other cryptocurrencies in the market.

The popularity and growth of the Gala Games platform could result in a rise in the demand for GALA tokens, potentially leading to an increase in their price.

However, It’s important for Investors should do further research before investing in GALA tokens as the price of cryptocurrencies can be volatile.

Listed below are some factors that could affect the long-term value of GALA tokens:

• The release of new games on the Gala Games platform.
• The growth of the play-to-earn gaming market.
• The adoption of blockchain technology by mainstream gamers.
• The overall health of the cryptocurrency market.

How to Buy GALA Tokens?

CoinEx is a global cryptocurrency exchange, trusted by 5+ millions of users worldwide with 100% reserve. With its 700+ tokens supported, including GALA, users can now trade easily and seamlessly.

Follow the steps below to purchase GALA tokens on CoinEx.

1. Register or Log In: To access CoinEx's services, register for an account by clicking "Register". Existing users can log in.
2. Deposit Fiat or Crypto: Fund your CoinEx account by depositing through a range of options such as credit cards, bank transfers, etc. You can also deposit other supported cryptocurrencies that can be traded with GALA. 
3. Exchange Paired Tokens for GALA: Deposit funds into your CoinEx account, then go to the trading page and select the appropriate GALA trading pair that matches your deposit. For example, choose "GALA/USDT" if you deposited USDT.
4. Buy/Trade GALA Tokens: Purchase GALA by specifying the desired amount and exchanging the paired token for GALA after selecting the correct trading pair.