What is GALA Games and How Does it Work? | Carthago
A new era of gaming
Main Learning Points
- What are GALA Games?
- GALA Token details
- Earning real money from gaming
Introduction
GALA Games aims to decentralize gaming on the metaverse by integrating blockchain technology. The metaverse, as you may have guessed, is a virtual world that can be accessed through any device connected to the internet. It is the name of the virtual space where online gaming occurs and brings together people from all over the world to socialize, play games, attend parties, and even shop for virtual clothes and other items. For the last decades, gaming has been mostly centralized, and gamers have been obligated to pay a centralized company for virtual goods that they do not even own. With GALA Games, all of that changes. Control is very much in the hands of the participants.
What are GALA Games?
GALA Games, in a nutshell, is a metaverse where anybody can develop, discover, share, and play augmented reality games. GALA Games created a metaverse platform for several blockchain-based games, each of which uses NFTs to give players genuine ownership of their game pieces. The platform was built by a team of 60 persons and debuted in 2020. It has over 1.3 million active users throughout the world.
GALA Token Details
GALA tokens are Ethereum ERC20 tokens built on blockchain technology. The maximum supply of tokens will be 200,000,000. The current circulating supply of tokens is 33,668,118 out of a total supply of 47,438,711. GALA game funds are stored in an ERC20 multi-sig wallet. Each time a team stakes tokens to play on a game server, they will generate fees that are split among all token holders as part of staking rewards.
Buying and Selling Land
GALA is a game mechanic that allows players to buy, sell, trade, and gift land. You must purchase a Deed NFT from Gala’s website if you want to buy land. These transactions are also all handled securely in-game, ensuring no one gets ripped off.
Earning Real Money
The beauty of GALA games (besides the in-game abilities) is that you can earn real money while playing. For example, if you’re in Los Angeles and participating in a live tournament of Pokemon Go, you might find yourself competing against New Yorkers or Germans — all trying to collect as many Pokémon as possible to win. You’ll be able to see them on your screen as avatars from different locations around the world — interacting in a very metaverse way. While you will have plenty of chances to earn money by killing epic monsters or hunting down legendary stuff for your avatar, GALA Games adds another degree of realism by enabling you to engage in a simulated fantasy economy without interacting with creatures or engaging in battle. A key feature is that you can win prizes for simply participating in the platform games.
Conclusion
GALA Games provides an excellent opportunity for individuals to experience GameFi. GALA Games seeks to use blockchain technology to decentralize games in the metaverse. Any internet-connected device may access GALA Games, which is a virtual environment. You may participate in a simulated fantasy economy without having to interact with creatures or engage in combat in GALA games. It’s a big selling point because you can win rewards just by playing platform games. There are a variety of games for users to play, and there’s no shortage of developers for content on the platform. This positions GALA Games as one of the strongest platforms out there for GameFi.
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