What is GALA

Learned by 5.9k usersPublished on 2024.03.29Last updated on 2025.01.26

0.01

+0.72%

  • Last Price0.01
  • Turnover (24h)24.25M
  • All-Time High0.82
  • Total Supply35.24B
  • Fully Diluted Market Cap482.33M
  • Ranking126
  • Market Cap95.53M
  • All-Time Low0
  • Circulating Supply6.98B

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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1. Project Introduction
Gala Games is a decentralized gaming ecosystem powered by blockchain technology, aiming to give players true ownership of in-game assets and innovative gaming experiences. As a Play-to-Earn (P2E) platform, Gala Games builds a robust ecosystem that empowers users through blockchain technology. By tokenizing in-game items and characters as NFTs, players gain full control and can trade their assets freely. The Gala Games platform supports various games, including Town Star, Mirandus, and Spider Tanks, covering a range of genres like simulation, RPG, and competitive combat.
Summary: Gala Games is focused on revolutionizing the gaming industry by granting players ownership of game assets through blockchain technology, creating a player-driven ecosystem.
2. Team & Investment Info
Team:
Eric Schiermeyer: Co-founder and CEO, previously a co-founder of Zynga, with extensive experience in the gaming industry.
Michael McCarthy: Creative Director, previously held a similar role at Zynga, overseeing successful game launches.
Wright Thurston: Blockchain Engineer with patents and experience in cryptocurrency mining and blockchain technology.
Additional team members include seasoned game developers, blockchain experts, and marketing professionals focused on Gala Games' growth.
Funding:
Private Round (July 2022): Investors include Fenbushi Capital, Infinity Ventures Crypto, Mirana Ventures, YGG, NGC Ventures, Amber Group, HTX Ventures, Republic Capital, Mask Network, Crypto.com Capital, Jump Crypto, Kucoin Ventures, Big Brain Holdings, BreederDAO, Builder Capital, PlayMining, Formless Capital, Quantstamp, Gate Ventures, Celer Network, Arriba Studio, Bitbank, Ceras Ventures, Resolute Ventures, tofuNFT, Threshold, GREE, AlphaCrypto Capital, Spectrum, MOMENTRO, and FGG.
Strategic Partnerships: Gala Games collaborates with multiple blockchain and tech companies, including Brave and Flare Network.
3. Social Media URLs
X: https://x.com/GoGalaGames
Telegram: https://t.me/PoweredByGala
4. Token Info
Token Symbol: GALA
Total Supply: 50,000,000,000 GALA
Token Type: ERC-20
Issuance/Burn Mechanism:
Daily issuance: 17,123,286 GALA tokens, with annual halving every July 21 until the total supply cap is reached.
Token Distribution: 50% of daily tokens are allocated to node operators, and the remaining 50% goes to the Gala Games Protection Fund.
Contract Address: 0xd1d2Eb1B1e90B638588728b4130137D262C87cae
5. Related Links
Official Website: https://gala.games/
Other Info: https://www.rootdata.com/search?keywords=gala
Audits: https://cmc.certik-skynet.com/redirect?project=gala-games

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