What is Gala (GALA)
Gala Games is a GameFi platform that aims to decentralise the gaming sector, bringing several Web3 games together into a single ecosystem. The idea is to give players ownership of in-game items and progress, in the form of NFTs, in a model where titles are distributed as decentralised applications (dapps) and users can also take part in the network by running nodes.
Note: Gala is not currently supported by Young Platform; this page is purely informational. GALA is the ecosystem’s token: it is used to buy items and digital property and to reward those who contribute to the network.
The Gala ecosystem
Beyond games (among the first titles, Town Star), Gala has over time broadened its scope by launching Gala Film and Gala Music, dedicated respectively to tokenised video and music content, with the stated goal of “giving power back to creators” relative to large centralised streaming platforms.
The ecosystem therefore positions itself as a set of decentralised entertainment services, not just a single gaming platform.
How it began
Gala was launched in 2019 by Eric Schiermeyer, one of the founders of Zynga (the company known for social games such as FarmVille). The team relies on numerous developers and on partners in the blockchain sector, including entities such as Polygon.
The link with a veteran of the gaming industry is one of the elements the project highlights to position itself in the competitive GameFi sector.
Price trends and what to consider
Like all crypto-assets, GALA has shown a highly volatile price trend, accentuated by its gaming- and sentiment-driven nature. Its quotations can be influenced by the general trend of the crypto market, by the success of the ecosystem’s games and content and by interest in GameFi.
Past performance is not a guarantee of future results.
Gala Market Data
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