Gala Games provides a platform for game developers to create, publish and distribute their games. The platform gives developers more creative freedom, allowing them to better interact with players and embed the benefits of blockchain technology in their games.
Gala Games is a blockchain gaming ecosystem that builds a range of blockchain-powered games, each of which provides players with true ownership of their in-game items through the use of non-fungible tokens (NFTs). The Gala token (GALA) is the core utility token for Gala Games. It is the main token with which NFT items can be purchased, it is the reward received by Founder’s Node operators for operating their Nodes, and it is the Gas token used to cover network fees on Gala’s blockchainThrough decentralization, players not only own their in-games items, but they have a voice in how the Gala Games roadmap develops. Players and node owners will be enlisted, via distributed voting mechanisms, to help determine what games should be added to the platform or what should be funded by the decentralized Gala Games ecosystem.
One of Gala's founders is Eric Schiermeyer, a former senior vice president at Zynga. Michael McCarthy is co-founder of gala game. In addition to game development, Gala has dabbled in other areas such as virtual reality and art.
The $100 million blockchain gaming fund launched by Gala Games and C² Ventures will invest in game developers and emerging projects building with blockchain technology on december 13,2021, including but not limited to play-to-earn, GameFi, metaverses, and other decentralized gaming solutions. The joint fund will support aspiring developers from strategy to launch. In addition to funding, portfolio projects will receive guidance, including NFT and pre-sale strategies, token design, in-game economies, marketing and community engagement, monetization and distribution support, and P2E economies and development.
In 2024, Gala Games has continued its expansion in the blockchain gaming space with several significant advancements. One key update is the introduction of GalaChain, a proprietary layer-1 blockchain designed for high transaction volumes and scalability. GalaChain supports the gaming ecosystem with reduced fees and near real-time transaction speeds, making it more efficient for both developers and players. The platform's decentralized exchange, GalaSwap, launched in early 2024, further enhances the user experience by enabling seamless trading of assets and NFTs within the Gala ecosystem.
Additionally, Gala Games has expanded its gaming portfolio with titles like Mirandus, a fantasy MMORPG, and The Walking Dead: Empires, both of which benefit from a newly established development studio in Chile. The company's roadmap for 2024 includes continuous updates to enhance player experiences, with a focus on community-driven content and decentralized governance. By leveraging their Founder's Nodes, which were recently tokenized, Gala empowers node operators with greater control and participation in the ecosystem.
Above are only for introduction, not intended as investment advice.
