
Gala
GALA
Rank #46
2
Coin
$0.035
Tags
Federated Proof Of Stake
Play To Earn
Staking
Gaming
Metaverse
Music
Video
Content Creation
Entertainment
Decentralized
Smart Contracts
Governance
Layer 1
NFTs
Interoperability
$0.034
$0.035
Low
24H
High
Circulating Supply
25,931,185,208
50,000,000,000
N/A
Marketcap | N/A |
---|---|
Volume 24h | $102,389,458 |
Change 24h | 6.05 % |
Max Supply | 50,000,000,000 |
Circulating Supply | 25,931,185,208 |
Left in Circulation | 24,068,814,792 |
Total Supply | N/A |
Decimals | 18 |
Wallets | 14 |
News | 7 |
Exchanges | 5 |
Pairs | 6 |
Tickers | 12 |
Base | 6 |
All Time High | $0.717 |
Date Of ATH | Nov 26 2021 |
Days Since ATH | 743 |
All Time Low | $0.00015498 |
Date for ATL | Dec 03 2020 |
Days Since ATL | 1101 |
Overview
Exchanges
Markets
Wallets
News
$0.035
Price
$0.035
High
$0.034
Low
$910,621,109
Marketcap
$102,389,458
Volume
N/A
Open
N/A
Close
1H
0.420
%
1D
6.05
%
1W
20.23
%
1M
30.81
%
2M
92.70
%
3M
82.19
%
6M
39.48
%
1Y
33.83
%
About Gala
Gala (GALA) is a cryptocurrency and gaming platform created by the team at Gala Games in 2020. The platform aims to revolutionize the gaming industry by creating a decentralized gaming ecosystem that provides players with more control over their gaming experience.
Gala Games was founded in 2019 by Eric Schiermeyer, who is also the co-founder of Zynga, the company behind popular mobile games like Farmville and Words With Friends. The Gala platform was launched in 2020 with the aim of disrupting the gaming industry by providing players with a more decentralized and fair gaming experience.
The purpose of the Gala platform is to provide a decentralized gaming ecosystem that enables players to own their in-game assets, earn cryptocurrency, and interact with other players in a secure and fair environment. The platform aims to address some of the issues facing the gaming industry, such as high fees, centralized control, and lack of ownership of in-game assets.
The Gala platform is designed to be user-friendly and accessible to all players. The platform supports a range of games, including role-playing games, strategy games, and sports games. Players can earn GALA tokens by playing games and completing various in-game tasks, which can then be used to purchase other in-game assets or traded on various cryptocurrency exchanges.
The Gala network is secured by a consensus mechanism called Proof-of-Stake (PoS), which enables users to validate transactions and secure the network by staking their GALA tokens. PoS is a more energy-efficient algorithm than the Proof-of-Work (PoW) algorithm used by many other blockchain platforms.
One of the unique features of the Gala platform is that it enables players to own their in-game assets and transfer them between games, creating a more seamless gaming experience. Additionally, the platform aims to provide a more fair and decentralized gaming experience, with players having more control over the games they play and the rewards they earn.
The Gala platform uses the PoS consensus algorithm, which is more energy-efficient than the PoW algorithm used by many other blockchain platforms. This means that the platform requires significantly less energy to operate, making it more environmentally friendly.
Overall, Gala is a decentralized gaming platform that aims to provide players with a more fair and decentralized gaming experience. Its user-friendly interface, range of games, and support for in-game asset ownership make it an excellent option for players who want to earn cryptocurrency while playing their favorite games. With its focus on security, energy efficiency, and decentralization, Gala is a promising platform that could revolutionize the gaming industry.
Website
gala.comInstagram
instagram.comTwitter
twitter.comDiscord
discord.comMedium
gogalagames.medium.com