In the last six months, a major part of the blockchain and cryptocurrency industry has been occupied by games that have an “earn-to-play” element. The game is called GameFi, which features nonfungible tokens (NFTs) as well as a “play to earn” feature in it. By using NFTs, Gala Games enables players to own the in-game items they have created on their platform. In turn, this allows them to profit from selling these unique and valuable digital assets that represent real-world value.
In this article, we’ll take a deep dive into Gala Games (GALA), an interesting addition to the blockchain gaming industry. We’ll explore why they’re unique and what makes them different from other games in their space.
What is Gala Gaming?
GALA games is a blockchain-based gaming ecosystem that offers a range of players the opportunity to play, earn and be rewarded. Unlike Axie Infinity with its initial purchase requirement, GALA games are free and can be played on any browser without additional device requirements.
Gala gaming’s mission is to create a decentralized platform where players have ownership of their games. They use blockchain NFT as the medium in which this can be done.
What is GALA Tokan in crypto?
GALA (Galactic Basic Attention Tokens) are the main utility and governance tokens for the market. Users receive rewards, fees, or other incentives by using these tokens to trade and send value to each other. You can also use GALA as a means of payment in order to enjoy free transactions across GalaChain upon its completion- which will be an added benefit. GALA Games was founded in 2019 by Michael McCarthy and Eric Schiermeyer, both of whom had been founders of Zynga. GALA officially operates as Blockchain Game Partners, Inc., a for-profit corporation registered on the 16th Jan 2019.
How does Gala Gaming work?
Gala Games is somewhat similar to the Steam store or GOG, in that it has a wide range of games for users to pick and play. However, unlike these stores where you have to pay upfront before playing a game, all games are 100% free-to-play (and are accessed over the blockchain through a decentralized application).
Gala Games is working on five games to date:
Epic fantasy RPG adventure where players have to battle monsters in a variety of locations, improving their land and earning revenue.
2. Spider Tank
Spider Tank is a multiplayer online battle arena (MOBA) game that allows players to duke it out on various maps using their spider tanks and armaments.
In a PvP tower defense game, players battle it out using their strategies. Players also own assets to help them in this jump-and-run strategy game.
4. Town Star
A town building and development game where players compete to earn NFTs. As they grow in their community, they can also interact with other people from around the world through social media channels.
5. Echoes of Empire
This is an epic sci-fi strategy game that sees players wage war over the scarce resources scattered throughout the universe.
Players will find a fully-fledged NFT store, in which all player owned assets are sorted into six rarity classes: Common, Uncommon, Rare, Epic and Legendary. These items can be bought or sold for multiple cryptocurrencies through its integration with Coin Payments.
Why Gala Games are unique?
With a blockchain-based game played on the platform Gala Games, players have an opportunity to earn cryptocurrency. It is not just about playing for fun and accumulating coins; you can also buy actual player-owned assets that are locked in the open source technology behind the game.
The following are some of its prominent features:
1. Built on Binance Smart Chain
Gala Games recently moved from the Ethereum blockchain to Binance and reduced transaction fees. Players can now use GALA tokens on p.Network Bridge Smart Chain instead of having to pay a high fee when they transfer their tokens or spend them by playing games that are built on top of Gala Games, originally built upon the Ethereum blockchain.
2. Built in Store
It is easy to buy and sell in-game items with Gala Games’ built-in marketplace. This makes the process of buying items for improvement easier and more fun! The online tool also lets you find players for trading your hard earned resources.
3. Multiple Games
With the close to six games in development on Gala’s platform, players can experience blockchain-powered gaming. There are RPGs, space exploration games and tower defense among others.
4. Massive Community
In contrast to most games where players are typically in the tens of thousands, Gala Games has between 1.3+ million active users. As a result, games launched via the platform will likely become among the top-most popular P2E games within blockchain technology right off the bat.
5. Community Powered
Gala Games’ network runs on a community-owned node. The development team and the operating staff continuously interact with the community to decide what games and features should be there, such as calling for vote systems or voting in game polls.
As a result of this, resources are spent on delivering games and experiences that people want to see, producing content specifically for the community.
What Problems Does Gala Games (GALA) Solve?
Gala is trying to fix a lot of issues. One, users have been left out of the profits loop by the gaming industry for a long time. Gaming is a multibillion dollar industry. Gaming enthusiasts used to invest a lot of money in the market, but they never managed to recoup the money once it was gone.
Gala wants to help users get in on the billions made through gaming platforms. The network wants you to be able to get value from gaming ecosystems via NFTs (nonfungible tokens), and other digital assets. You can trade these items in the gaming ecosystem on a variety decentralized exchanges (DEX) to get other popular cryptocurrencies.
Is Gala Gaming a good investment?
GameFi is the future of gaming. GALA has come to put its share in this new technology. It combines games with crypto-nodes in order to create one attractive asset that people will want to invest in. Though the project is in its nascent stage, and has a lot of ground to cover still, there’s only one game that has been released on the platform. The rest are still under development.
If you’re interested in blockchain gaming and a believer of decentralized gaming ecosystems, then take time to see what the platform has to offer before making an investment decision. This game is not just about investment, but it’s also about the gameplay. GALA has clearly stated this on their website. But Given the age of this project, I am excited about its potential growth and more neutral on the investment side.