The GalaChain Ecosystem Solidifies Alliance with DWF Labs To Grow its L1 Ecosystem
Gala, a prominent leader in blockchain entertainment that boasts millions of users across its gaming, film, and music platform has officially signed a strategic partnership with DWF Labs, a global digital asset market maker and multi-stage Web3 investment firm to rapidly expand its highly-anticipated L1, GalaChain.
“We are actively working with thought leaders and VCs in both Web2 and Web3 to cement GalaChain as one of the preeminent blockchains for the future of decentralized technology. DWF is a leader in this space and we are delighted to work closely with them on this rollout,” said Jason Brink, Gala’s President of Blockchain
This collaboration signifies a pivotal moment in the evolution of blockchain entertainment and comes on the heels of Gala’s recent acquisitions, setting the stage for its upcoming push into mainstream mobile gaming. Sticking to its ethos as Gala evolves, CEO Eric Schiermeyer continues his mission for digital ownership in Web3.
Schiermeyer shared with their Discord community that Gala plans to incorporate all digital game items onto their groundbreaking layer 1 blockchain, GalaChain. Due to its millions of active users, such an endeavor can position GalaChain to be the “most used blockchain…period,” says Schiermeyer.
GalaChain has ambitions to go beyond entertainment and plans to onboard blockchain developers to build a multitude of expanding innovations on their L1, such as decentralized IDs (DID), decentralized finance (DeFi), logistics, healthcare, and more. The partnership with DWF Labs aims to harness its expansive network of high-quality partners and experienced builders to accelerate the adoption of its L1, a common issue facing many of the incumbents today.
Andrei Grachev, Managing Partner at DWF Labs, shared his anticipation for the partnership: “Gala Games’ ability to onboard millions of users over the last few years is a testament to its potential to rapidly growing the use of its L1 network, GalaChain. Our alliance will help amplify its dedication to advancing blockchain integration in all facets of digital entertainment.”
The joint forces of DWF Labs and Gala have strong potential to reshape the landscape of blockchain adoption. If you’re a builder interested in learning more, we encourage you to join the conversation: https://discord.gg/UvNdzF7UXt
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About DWF Labs
DWF Labs is the global digital asset market maker and multi-stage web3 investment firm, one of the world’s largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges.
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About Gala
The Gala Ecosystem and its core platforms, Gala Games, Gala Film, and Gala Music, is built upon the idea that people should own their entertainment experiences. With a revolutionary L1 blockchain, GalaChain, and powered by $GALA, the Gala Ecosystem stands ready to onboard the next billion users into the empowerment of Web3 tech.
