{"id":11007,"date":"2023-07-09T02:33:31","date_gmt":"2023-07-09T02:33:31","guid":{"rendered":"https:\/\/www.bitnovo.com\/blog\/?p=11007"},"modified":"2022-05-18T02:10:32","modified_gmt":"2022-05-18T02:10:32","slug":"what-is-gala-games","status":"publish","type":"post","link":"https:\/\/www.bitnovo.com\/blog\/en\/what-is-gala-games","title":{"rendered":"What is Gala Games?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_75 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Alternar tabla de contenidos\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-gala-games\/#history_of_gala_games\" >History of Gala Games<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-gala-games\/#how_does_gala_games_work\" >How does Gala Games work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-gala-games\/#what_is_gala_the_native_token_of_the_project\" >What is GALA? The native token of the project<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span><p>If you\u2019ve ever heard of\u00a0<strong>Gala Games<\/strong>\u00a0you probably know that it is a platform tasked with creating a variety of blockchain-based games. Each of these\u00a0<strong>games offers players true ownership of their game elements<\/strong>\u00a0through the use of non-fungible tokens or<strong>\u00a0NFTs<\/strong>. In this article we will tell you all about what it is and how it works.<\/p>\n<p>This platform stands out from the rest of the competitors, as it\u00a0<strong>prioritizes the quality<\/strong>\u00a0of the games unlike others that only focus on launching the\u00a0<strong>MVP<\/strong>\u00a0type games that we commonly see in the \u201c<strong>play to earn<\/strong>\u201d gaming industry. Gala Games is an ecosystem of controlled games, where each game has something different to attract the audience.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"history_of_gala_games\"><\/span><strong>History of Gala Games<br \/>\n<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This platform was launched in\u00a0<strong>2020<\/strong>\u00a0and was one of the first in the\u00a0<strong>play-to-earn<\/strong>\u00a0niche. It stood out for the novelty at the time of rewarding players with\u00a0<strong>tokens<\/strong>\u00a0(in this case GALA) for playing a variety of games on the platform.<\/p>\n<p>The platform\u2019s development team consisted of a total of 60 developers and currently has\u00a0<strong>more than 1.3 million active users.<\/strong>\u00a0The CEO of the project is Eric\u00a0<strong>Schiermeyer. Eric<\/strong>\u00a0is also well known for being one of the co-founders of Zynga, a very popular social game developer.<\/p>\n<p>The network managed to<strong>\u00a0launch in July 2019<\/strong>. Its main goal was to develop a gaming network based on blockchain technology that would offer its users greater power and\u00a0<strong>ownership in games.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div id=\"image_1450501446\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/12\/Gala-Games.jpg\" sizes=\"(max-width: 768px) 100vw, 768px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/12\/Gala-Games.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/12\/Gala-Games-300x205.jpg 300w\" alt=\"\" width=\"768\" height=\"526\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/12\/Gala-Games.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/12\/Gala-Games-300x205.jpg 300w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/12\/Gala-Games.jpg\" data-sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n<\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"how_does_gala_games_work\"><\/span><strong>How does Gala Games work?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The main o<strong>bjective<\/strong>\u00a0of Gala Games is to guide the gaming industry in a very different\u00a0<strong>direction<\/strong>\u00a0from the one we know. Therefore, it employs blockchain technology as the main\u00a0<strong>tool<\/strong>\u00a0to change the way the industry works.<\/p>\n<p>The Gala network is based on the Ethereum blockchain and features the\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-an-erc-20-token\/\">ERC-20<\/a>\u00a0standard. To get an idea, Gala Games\u2019 operation is comparable to that of\u00a0<strong>GOG<\/strong>, since just like them or the\u00a0<strong>Steam store<\/strong>, Gala offers a certain<strong>\u00a0variety of games<\/strong>\u00a0to users for them to choose some and play.<\/p>\n<p>However, Gala Games and these\u00a0<strong>stores are not the same<\/strong>. Unlike the others, Gala has a great attraction and that is that\u00a0<strong>all games are free<\/strong>\u00a0and we can access them through a dApp or\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-a-dapp\/\">Decentralized Application<\/a>.<\/p>\n<p><strong>Play-to-earn<\/strong>\u00a0games and blockchain-powered games with user-owned assets are an idea that has been around for a long time, nothing new. However, Gala Games has some features that make it stand out from all the platforms in this industry.<\/p>\n<p>Although we have previously mentioned that Gala Games is based on the\u00a0<strong>Ethereum blockchain<\/strong>, recently the platform took advantage of the\u00a0<strong>p.Network Bridge DApp<\/strong>\u00a0in order to join the GALA token to the Binance Smart Chain as a\u00a0<strong>BEP-20<\/strong>\u00a0asset. This brings a new advantage and that is to allow users to significantly reduce transaction fees when using or managing\u00a0<strong>GALA tokens.<\/strong><\/p>\n<p>Another feature of the Gala Games platform is the\u00a0<strong>multiplicity of games<\/strong>\u00a0that offer players experiences powered by blockchain technology. This platform has about half a dozen games that are in development\u00a0<strong>list where role-playing games, space exploration, defense, and so on are included.<\/strong><\/p>\n<p>One thing that stands out in Gala Games is the\u00a0<strong>addition of an online store<\/strong>. Gala Games makes it easy for players to buy and sell in-game items thanks to its integrated marketplace. This marketplace allows players to easily obtain the\u00a0<strong>liquidity<\/strong>\u00a0needed to loot their game or\u00a0<strong>purchase new items as well as characters to enhance both their gaming experience and performance.\u00a0<\/strong><\/p>\n<p>In addition, Gala Games is community-driven. Its network relies on\u00a0<strong>community-owned\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-a-node-its-importance-in-cryptocurrencies\/\">nodes<\/a><\/strong>\u00a0to power the platform. In addition,<strong>\u00a0the development team<\/strong>\u00a0and operational staff constantly engage with the community to determine which\u00a0<strong>games and features are most accepted by the community.<\/strong><\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div id=\"image_1929378657\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/12\/Gala-Games1.jpg\" sizes=\"(max-width: 768px) 100vw, 768px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/12\/Gala-Games1.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/12\/Gala-Games1-300x205.jpg 300w\" alt=\"Gala-Games\" width=\"768\" height=\"526\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/12\/Gala-Games1.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/12\/Gala-Games1-300x205.jpg 300w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/12\/Gala-Games1.jpg\" data-sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n<\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"what_is_gala_the_native_token_of_the_project\"><\/span><strong>What is GALA? The native token of the project<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Like\u00a0<strong>most<\/strong>\u00a0projects, Gala Games has\u00a0<strong>its own native utility token<\/strong>\u00a0called GALA. This token is used as the main digital asset in the Gala Games ecosystem for the purpose of\u00a0<strong>purchasing<\/strong>\u00a0items, peer-to-peer<strong>\u00a0payments, and rewarding<\/strong>\u00a0nodes among other activities.<\/p>\n<p><strong>Players<\/strong>\u00a0can also use the token to contribute to the Gala Games network by running a Gala Node. To run a\u00a0<strong>Gala Node<\/strong>\u00a0the first thing the user must do is purchase a license. Once you have the<strong>\u00a0license<\/strong>\u00a0you can run the node software from the comfort of your computer and you can earn rewards in the form of \u201c<strong>rare<\/strong>\u201d GALA and\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-are-the-best-nft-platforms\/\"><strong>NFT<\/strong><\/a>\u00a0tokens. Running a Gala Node requires a notable investment, with the license coming in at approximately $<strong>13,000<\/strong>. Payment can be made in\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-ethereum-eth-and-how-does-it-work\/\">Ethereum<\/a>\u00a0(ETH), GALA or\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-bat\/\">Basic Attention Token (BAT)<\/a>.\u00a0 It should be noted that the total number of nodes that can be run is limited to\u00a0<strong>50,000.<\/strong><\/p>\n<p>The GALA token has a fixed maximum supply of<strong>\u00a050 billion tokens<\/strong>. According to the project developers, a total of\u00a0<strong>17,123,286 GALA tokens<\/strong>\u00a0are distributed daily. Half of this distribution goes to the operators of the founding node. On the other hand, the other half goes to the Gala Games conservatory.<\/p>\n<p>As in the case of Bitcoin and other cryptocurrencies, Gala Games has included in its operation a halving cycle in its issuance program. With\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/halving-crypto-what-it-is\/\">halving<\/a>, the issuance is halved every year, specifically on July 21 of each year. Therefore the next halving will be on July 21, 2022 by\u00a0<strong>dividing the issuance rate<\/strong>\u00a0to\u00a0<strong>8,561,643 GALA per day.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span>If you\u2019ve ever heard of\u00a0Gala Games\u00a0you probably know that it is a platform tasked with creating a variety of blockchain-based games. Each of these\u00a0games offers players true ownership of their game elements\u00a0through the use of non-fungible tokens or\u00a0NFTs. In this article we will tell you all about what it is and how it works. This [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7444,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-criptomonedas"],"_links":{"self":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/11007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/comments?post=11007"}],"version-history":[{"count":0,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/11007\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media\/7444"}],"wp:attachment":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media?parent=11007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/categories?post=11007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/tags?post=11007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}