GALA soared more than 100% one day in late November, becoming one of CoinGecko’s top 100 crypto assets. The company, formed in 2020, already has over a million users and emphasizes player autonomy and practicality. At this point, bitcoin market is one of the world’s most trusted online investment platforms after many years.
Virtual worlds allow gamers to trade GALA coins for real-world cash. Gala Games users may use the token to buy NFTs and other in-game items. In the following four years, MarketNews and Global Gaming Market 2021-2025 Report expect the gaming sector to increase by $125.6 billion.
Reasons for Gala just pumped 100% in a day
- Gala is listed on new exchange
As a result of a listing on an exchange, GALA’s value has almost doubled. In the crypto sector, non-fungible tokens (NFTs) and play-to-earn games are two of the most popular trends, since they enable players to make wealth instead of paying to participate. Gala Games’ GALA cryptocurrency soared in value when Binance announced plans to sell it. On the blockchain, players may use their own NFT characters in games.
GALA’s price jumped from $0.021 on Sept. 12 to $0.077 on Sept. 13, according to Cointelegraph Markets Pro and TradingView statistics. Following GALA’s Binance launch, there was a huge spike in trading activity and a price breakthrough. As a consequence, prices tend to fluctuate quickly.
- Gala announced nodes to town star
A Town Star node network will be launched shortly by Gala Games using Founder’s Nodes. This is the first Gala Game Node license. In exchange for their participation, nodes get TOWN tokens. These will join the existing 20.000 Founder’s Nodes. Town Star Node operators help the network grow.
Players must both manage and be rewarded for a decentralized network that Gala Games intends to build. They want to add nodes to all their games, starting with Town Star. Mirandus and Spider Tank Nodes will be among them.
No pricing has been set. The Town Star Node License is available in all Gala Games currencies. There’s also BAT and TOWN now. These are currently 228.533 GALA ($29,000). Town Star nodes may be comparable.
3. Lately, gala nodes owners have started receiving town star coins
TownCoin is a new layer in Gala Games’ Town Star. It replaces Boxcoin and is obtained via Town Star. The new token introduces a new Town Star economy. Local farmers now compete weekly in Town Star. Points are used to rank players. Town Star, like Gala Games’ NFTs, is a play-to-earn economy.
Innovative play-to-earn economy expected to attract more gamers, Gala Games said. “Future Gala Games play-to-earn incentive schemes” will be supported. TownCoin’s upgrade will be ‘quicker than you think’, says Gala Games.
- Gala Games and Opera to Partnership for Producing Carbon-Neutral NFTs
- Gala Games and Opera, a well-known browser developer, have teamed together to generate carbon-neutral NFTs for charity. An upcoming blockchain role-playing game called Mirandus will offer players unprecedented control over the in-game economy.
Both Gala Games and Opera empower. Opera enables consumers by providing enhanced internet browsing and simple access to Web3 and blockchain technologies. These initiatives, together with Opera and Gala Games’ philanthropic emphasis, bind the two firms.
1st phase: NFT Impact Auction
Gala Games will first organize an auction of 8 non-fungible Ethereum (ERC-20) tokens. Opera and Gala Games will trademark these NFTs for future usage in Mirandus.
Mercy Corps Ventures, Mercy Corps‘ impact investing arm, will receive all proceeds from these NFT auctions. Innovative technologies assist people and communities in emerging markets. The Mirandus virtual gaming community will help raise cash and awareness for real-world solutions that enable individuals to engage in the global economy and escape poverty.
- A new game is about to release before the end of the year
Improvements made by Gala Games in Town Star and Spider Tanks, in particular, have sped up the creation process. Additionally, TownCoin was introduced to the original idea. It was a joy to see the beta version of Spider Tanks finally reaches this stage.
You may get access to almost all of them for free!. Although just one has been made public, the other has already gone through beta testing
