There are approximately 2.7 billion Gamers worldwide and combined Gamers spent $180.3 billion in 2021 on video games and in-game assets. For the most part, Gamers earned nothing in return for their investments in the gaming industry, they only spent without actually earning anything in return.
Blockchain games have come to address this sad predicament Gamers have found themselves in. And these Blockchain games have replaced the traditional Pay-to-play model with a Play-to-earn model. One of the platforms pioneering this Gaming revolution is Gala Games, a blockchain game offering their platform to Users willing to monetize their gaming experiences.
Before we actually go in-depth into what Gala games has to offer, it is important to mention that Play-to-earn games are not a fad, they’re the future of the gaming industry. As a matter of fact, In 2020, Axie Infinity (A Play-to-earn game) was a source of income for people in the Philippines, who lost their source of income due to the effect of the pandemic as they were able to make thousands of dollars per month by just playing a game.
What Is Gala Games?
Gala games is a blockchain play-to-earn metaverse game with a mission to create games that Gamers want to play.
More than 16000 player-run nodes power the Gala games ecosystem in their bid to give players true control of their in-game assets and the decentralized platform as a whole.
Since launching in 2019 on the Ethereum blockchain, Gala Games has grown to 1.3 million monthly active users, and 26,000 NFTs have been sold, with the most expensive piece valued at $3 million.
Related: Top 10 Best NFT Games To Generate Income In 2022
Gala games aims to reward users through decentralized finance and currently has Town star as the only game on their platform but several other games are in the pipeline.
Town star is a play-to-earn game in which players practice farming competitively while earning rewards if they rank on the leaderboard or for running town star nodes to power the Gala game’s ecosystem.
Mirandus is an epic fantasy RPG set in a massive world ruled by five player-monarchs. Players can enter the wilderness and fight against monsters, or serve as a Knight under another monarch.
Spider Tanks is a blockchain Player vs Player Brawler game developed by GAMEDIA. Players choose Tanks and Weapons in the garage, then battle it out in one of the Spider Tanks arena maps. The blockchain game is currently under development.
Echoes of Empire is a sci-fi strategy game set on Factions warring against one another on a galactic scale. Players will be able to recruit heroes and Knights as well as own their own spaceships.
As time goes on, more games will be developed and made available to Gamers.
Who Owns Gala Games?
Launched in 2019, Gala Games was founded by Eric Schiermeyer, the co-founder of Zynga, a social and mobile games company that launched popular games like Poker, Mafia Wars and Farmville.
Schiermeyer, who believes that power should reside with the players, launched Gala Games in July 2019 as a blockchain-based game network offering a play-to-earn model to give players more ownership of their games.
However, In reality Gala games isn’t owned by a centralized authority, Players who own non-fungible tokens (NFTs) and other assets of the Gala ecosystem collectively influence the governance of games within the Gala Games ecosystem.
The players run Nodes that power the Gala Games ecosystem which also allows players to influence what games Gala should develop and what games should get funding.
This means that Gala games runs on a decentralization feature, allowing every user to take part in the decision making process of the blockchain play-to-earn game.
Gala Coin Review
Gala is the governance token of the Gala games ecosystem, unlike other metaverse game projects offering only one game, Gala games currently has one game available for players but other games are already in development and will be launched with time.
This means that Gala coin will be the native currency of a whole ecosystem of multiple games.
The GALA token runs on Ethereum and the Binance Smart Chain (BSC) blockchain.
Current price: $0.28
Market Cap: $1,951,218,684
All Time High (ATH): $0.83
All Time Low (ATL): $0.00015
Total Supply: 35,240,112,493
Exchanges: Binance, OKX, Bitget, Mandala Exchange, and FTX.
Should you invest in Gala games? Yes you can invest in the blockchain gaming platform. The games are free to play and you still get to earn income for the time you invest in the games. As well as ownership and control of your in-game assets.
Gala token promises a lot in terms of potential, the Coin has strong usecase and a large community backing the project. It is safe to say that Gala is a good investment however invest at your own discretion as the risks involved should also be considered.
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