What Is Gala Games (GALA)?
Gala Games aims to take the gaming industry in a different direction by giving players back control over their games. Gala Games mission is to make “blockchain games you’ll actually want to play.” The project wants to change the fact that players can spend hundreds of dollars on in-game assets, and countless hours spent playing the game, which could be taken away from them with the click of a button. It plans to reintroduce creative thinking into games by giving players control of the games and in-game assets with the help of blockchain technology.
Players can own non-fungible tokens (NFTs) and influence the governance of games within the Gala Games ecosystem. The Founder’s Nodes voting mechanism allows players to influence what games Gala should develop and what games should get funding. Besides buying NFTs for specific games, Gala Games also utilizes GALA – its own utility token. So far, Gala Games has released one playable game – Town Star and an NFT collectible series – VOX. It plans to release more games in the future, such as a fantasy RPG game, a sci-fi strategy game and a tower defense game.
Since launching in 2019, Gala Games has grown to 1.3 million monthly active users, and 26,000 NFTs have been sold, with the most expensive piece valued at $3 million.
Who Are the Founders of Gala Games?
Gala Games was founded by Eric Schiermeyer. He was the co-founder of Zynga, a popular social and mobile games company. Under Schiermeyer’s leadership, Zynga launched popular hits like Poker, Mafia Wars and Farmville. Schiermeyer, who has a reputation for working on the cutting edge of gaming, launched Gala Games in July 2019 to create a blockchain-based game network and give players more ownership of their games.
In total, the Gala Games team consists of 60 employees.
Gala Price Prediction
If you’re looking for Gala price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of Gala (GALA) will go in the future? We will analyze the past prices of Gala (GALA) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
|Year||Minimum Price||Average Price||Maximum Price|
|USD Price||$ 0.45|
|24h Volume||$ 309,599,208|
Gala (GALA) Price Prediction
At reconshell.com we predict future Gala price predictions/GALA forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Gala. We do our best to collect maximum historical data for the GALA coin which include multiple parameters like past price, Gala marketcap, Gala volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
Gala Price Prediction 2022
According to our deep technical analysis on past price data of GALA, In 2022 the price of Gala is predicted to reach at a minimum level of $0.65. The GALA price can reach a maximum level of $0.77 with the average trading price of $0.67.
Gala Price Prediction 2023
The price of Gala is predicted to reach at a minimum level of $0.97 in 2023. The Gala price can reach a maximum level of $1.14 with the average price of $0.99 throughout 2023.
GALA Price Forecast for 2024-2025
As per the forecast price and technical analysis, In 2024 the price of Gala is predicted to reach at a minimum level of $1.48. The GALA price can reach a maximum level of $1.68 with the average trading price of $1.53.
The price of 1 Gala is expected to reach at a minimum level of $2.19 in 2025. The GALA price can reach a maximum level of $2.54 with the average price of $2.26 throughout 2025.
Gala Price Prediction 2026
Gala price is forecast to reach a lowest possible level of $3.11 in 2026. As per our findings, the GALA price could reach a maximum possible level of $3.78 with the average forecast price of $3.22.
Gala Price Prediction 2027
According to our deep technical analysis on past price data of GALA, In 2027 the price of Gala is forecasted to be at around a minimum value of $4.56. The Gala price value can reach a maximum of $5.47 with the average trading value of $4.69 in USD.
Gala (GALA) Price Prediction 2028
The price of Gala is predicted to reach at a minimum value of $6.82 in 2028. The Gala price could reach a maximum value of $7.94 with the average trading price of $7.01 throughout 2028.
Gala Price Prediction/Forecast 2029
As per the forecast and technical analysis, In 2029 the price of Gala is expected to reach at a minimum price value of $10.10. The GALA price can reach a maximum price value of $11.94 with the average value of $10.38.
Gala (GALA) Price Prediction 2030
The price of Gala is predicted to reach at a minimum value of $14.42 in 2030. The Gala price could reach a maximum value of $17.84 with the average trading price of $14.94 throughout 2030.
Gala Price Prediction 2031
Gala price is forecast to reach a lowest possible level of $20.28 in 2031. As per our findings, the GALA price could reach a maximum possible level of $25.45 with the average forecast price of $20.88.
What Makes Gala Games Unique?
Gala Games is not a single game, but rather it offers an entire array of different blockchain games that places fun first and blockchain in the background. Town Star, it’s only currently playable game, is a town simulation that can be played in a browser. Players manage a town similar to the gameplay of SimCity, but in Town Star, they actually own the town.
VOX is Gala Games’ set of collectible NFT avatars. Each VOX is unique and some VOXs are rarer than others. In the initial drop, 8,888 VOX were distributed for an average price of 0.0888 ETH, or roughly $280 at the time of writing. Although inspired by Town Stars, VOX has other utility besides just being an NFT avatar. Holders can lock up GALA, and earn VOXcoin by playing with their VOX avatars in the future. VOX owners also get their own FBX file, which allows them to animate their avatars, or even 3D print them in the future.
Other games are in development as well. Fortified is a player-versus-player tower defense game set in a fantastical medieval world. Players will compete to build the best tower defense strategies.
Mirandus is a fantasy role playing game (RPG) set in a massive world ruled by five player-monarchs. Players will be able to own in-game assets and claim parts of the in-game landscape.
Echoes of Empire is a sci-fi strategy game set within a galaxy at war. Players will be able to own their own spaceships and control parts of the galaxy.
Spider Tank Project is a multiplayer online battle arena game allowing players to pick a “spider tank” to battle other players. The game is free-to-play but will contain in-game earning mechanisms. It is scheduled for release in Q4 2021.
A major component when it comes to developing these games is community feedback. Gala Games constantly engage and test assumptions with their community on Discord. This allows players to shape the direction and design of the games.
Users can run Gala Nodes, which supports the Gala network. In return, they receive rewards like GALA, limited edition NFTs and other opportunities. The Gala Node ecosystem consists of a triple-proof node system – proof-of-work (PoW), proof-of-stake (PoS) and proof-of-storage. PoW are called Founder Nodes, which are tier-1 nodes based on 50,000 fully-owned NFTs. These are early supporters of the network, and will receive NFTs from all subsequent games and GALA allocated to their node license. PoS are paid nodes that operate for specific games, through a smart contract “rental” structure. Proof-of-Storage are free nodes that will allow the games to be fully hosted on the node ecosystem, removing reliance on centralized hosting solutions like Amazon S3.
How Many Gala Games (GALA) Coins Are There in Circulation?
The maximum total supply will be 35 billion GALA tokens. Currently, there is about 7 billion GALA in circulation.
17,123,286 GALA is distributed daily at approximately 0200 UTC. Half of this GALA is distributed to Founder’s Node operators, and half to the Gala Games conservatorship. Each year, on the 21st of July, the distribution of GALA will be halved. For example, beginning on July 21st of 2022, the daily distribution of GALA will be 8,561,643 instead of 17,123,286.
The GALA token serves as a utility token that is used to purchase items in the game and can be earned from running a node.
How Is the Gala Games Network Secured?
The GALA token runs on Ethereum and the Binance Smart Chain (BSC) blockchain. The network is secured by its own set of nodes called Founder’s Nodes. Gala Games specifies a maximum of 50,000 Founder’s Nodes that validate in-game transactions and secure the network.
Nodes can also vote about which games are released to the Gala Games platform. You can operate a node by purchasing an account and running it on your computer. GALA are rewarded to node operators according to a point system. Running a node for a minimum of six hours in a cycle scores 1 point and referrals running nodes for at least six hours scores 0.1 points. At the time of distribution, all of the points are added up and the GALA is split between these points.
When Will Gala Games (GALA) Trading Begin?
GALA token began trading in September 2020.
Can Gala Games Hit $1?
Gala Games is trading around $0.02 as of August 2021, so reaching $1 would require a 50X. Gala Games certainly has an interesting ecosystem of games and very experienced leadership, so even such an ambitious goal could happen in a few years.
Where Can You Buy Gala Games (GALA)?
As of August 2021, you can buy GALA on Sushiswap, Gate.io, Uniswap V3, KuCoin and Bitrue.