Bitcoin

Gala

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/what-is-gala-coin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">What is Gala Coin?</a><br></p>
<p style="text-align: justify">Gala Games aims to shift the gaming industry in a new direction by giving control back to the players through its blockchain technology. The mission of Gala Games is to create “blockchain games that you’ll actually want to play.”</p>
<h2 style="text-align: justify" id="what-is-gala-gala">What is Gala (GALA)?</h2>
<p style="text-align: justify">The project seeks to change the reality where players can spend hundreds of dollars on in-game assets and countless hours playing games with just a click of a button. With the help of blockchain technology, it plans to reintroduce creative thinking into games by giving players control over the games and in-game assets.</p>
<p style="text-align: justify">Players can own non-fungible tokens (NFTs) and influence the management of games within the Gala Games ecosystem. The Founder’s Nodes voting mechanism allows players to influence which games Gala should develop and which should receive funding. In addition to purchasing NFTs for specific games, Gala Games also utilizes its own utility token, GALA. So far, Gala Games has released a playable game – Town Star, and an NFT collection series – VOX. It plans to release more games in the future, including a fantasy RPG, a sci-fi strategy game, and a tower defense game.</p>
<p style="text-align: justify">Since its launch in 2019, Gala Games has reached 1.3 million active users per month and sold 26,000 NFTs, with the most expensive piece being valued at $3 million.</p>
<p style="text-align: justify">On the other hand, Gala Games was founded by Eric Schiermeyer, the co-founder of the popular social and mobile gaming company Zynga. Under Schiermeyer’s leadership, Zynga launched popular hits such as Poker, Mafia Wars, and Farmville. Renowned for working on the cutting edge of the gaming world, Schiermeyer launched Gala Games in July 2019 to create a blockchain-based gaming network and give players more ownership of their games.</p>
<p style="text-align: justify">Users can operate Gala Nodes that support the Gala network. In return, they receive rewards such as GALA, a limited number of NFTs, and other opportunities. The Gala Node ecosystem consists of a tri-proof system of nodes: Proof of Work (PoW), Proof of Stake (PoS), and Proof of Storage. PoW refers to the Founder Nodes, which are tier-one nodes based on owning a full 50,000 NFTs. These are early supporters of the network and will receive NFTs and GALA allocated for node licenses from all subsequent games. PoS nodes operate on a smart contract “leasing” structure for specific games. Proof-of-Storage nodes allow for the full hosting of games within the node ecosystem, eliminating dependency on centralized hosting solutions like Amazon S3.</p>
<h2 style="text-align: justify" id="how-to-buy-gala-coin">How to Buy Gala Coin?</h2>
<p style="text-align: justify">Gala Coin can be quickly and securely purchased through <a href="https://accounts.binance.com/en/register?ref=M8RGDITW" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">Binance</a>, the world’s largest cryptocurrency trading platform by trading volume.</p>
<p style="text-align: justify">To buy Gala Coin, one must first register on <a href="https://en.coin-turk.com/binance-announces-listing-strax-coin-expected-to-soar/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a> and then send fiat money. Following the sending of a fiat currency like the US dollar, Gala Coin can be purchased in the <a href="https://en.coin-turk.com/microstrategys-strategic-bitcoin-accumulation-boosts-market-sentiment/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> (BTC), <a href="https://en.coin-turk.com/binance-ceo-dismisses-rumors-about-bitcoin-sale-amid-market-rumblings/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance Coin</a> (BNB), BUSD, and Tether (USDT) Gala trading pairs.</p>
<p style="text-align: justify">In addition, users can place a purchase order at not only the market price but also at a lower value on <a href="https://accounts.binance.com/en/register?ref=M8RGDITW" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">Binance</a>. For this, using the Limit tab and entering the desired amount and price will suffice.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/what-is-gala-coin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">What is Gala Coin?</a></h5>

What is Gala Coin?

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