Question

what is Gala

Answer 1

Gala (GALA) is a cryptocurrency that powers the Gala Games platform, where gamers can play and trade NFTs across different games. Let’s explore more about Gala:

1. Gala Games:

   • Gala Games was created by industry-leading game developers who came together to bring value back to players using Web3 and blockchain technology.
   • The founders recognized issues with the traditional gaming model, where players are often required to spend continuously to enjoy a game they love.
   • Gala Games aims to change this by creating a platform with AAA-level games, many of which are free to play, designed to give players more freedom, control, and rewards.

2. GALA Token:

   • GALA is the core utility token for Gala Games.
   • It serves several purposes:
     • NFT Purchases: GALA is used to buy NFT items within the Gala ecosystem.
     • Founder’s Node Rewards: Founder’s Node operators receive GALA as rewards for operating their nodes.
     • Gas Token: GALA covers network fees on Gala’s blockchain.
   • Each day, 50% of GALA emission is distributed to Founder’s Node operators, and 50% goes to the Gala Games conservatorship for ecosystem growth and project funding.
   • The daily emission of GALA is halved each year according to a predefined schedule.

3. Founders and Team:

   • Gala Games was founded in 2019 by Eric Schiermeyer, Co-founder of Zynga, along with experts from gaming, crypto pioneers, and blockchain developers.
   • The team is passionate about gaming and committed to a “games-first” approach, prioritizing the gaming experience above all else.

4. Unique Approach:

   • Gala Games combines cutting-edge Web3 tech with a focus on gaming.
   • Their goal is to give gamers unprecedented freedom:
     • Ownership: Freedom to own in-game assets.
     • Earnings: Freedom to earn rewards.
     • Play: Freedom to play without restrictive models.

5. Web3 Gaming Ecosystem:

   • With dozens of Web3 games (including well-known IPs) in development or already released, Gala Games aims to become a Web3 gaming ecosystem that competes with mainstream platforms.

Explore Gala Games and experience gaming with a new level of empowerment!  For more information, visit the Gala Games website1.