Gala/GALA#103 49

What is GALA (GALA)

Gala is a game development company with the concept of play-to-earn games,  It has built a comprehensive gaming environment that is secured by blockchain technology. The gaming assets are represented as NFTs, the players on the Gala ecosystem can own in-game assets, which can be traded on secondary exchanges. The Gala ecosystem, built on its layer-1 blockchain technology called GalaChain, enhances user experience and supports its expansive capabilities across Gala Games, Gala Music, and Gala Film. 

It has also allowed external developers to provide open-source resources to make Web3 experiences in various industries simple and user-friendly.

Developers using GalaChain can create custom tokens, smart contracts, and node networks, with assets built on GalaChain being bridgeable to other blockchains like Ethereum and Binance Smart Chain. 

The backbone of GalaChain is its Decentralized Physical Infrastructure Network (DePIN), consisting of Founder’s Nodes. These node operators earn daily $GALA rewards and gain governance rights on key Gala decisions. Additionally, individual projects can establish their node networks tailored to specific workloads.

The native token of the Gala ecosystem $GALA token powers in-game rewards and utility tokens. $GALA is an inflationary token with a total supply of 38B, and  circulating supply of 36B as of 2024, and a max supply of undefined

Gala(GALA) Chain History

In 2018, Eric Schiermeyer, who was formerly a co-founder and the CEO of Zynga, together with Wright Thurston and Michael McCarthy, established Gala Games with the vision of building a network of driven games on the blockchain. The company’s first product, Town Star, was a farming simulation game which was the first game for the platform. Later, in October 2020, Mirandus was released – a fantasy adventure game that added attractive and participating gameplay to the list of games hosted by Gala.

Gala Games has achieved outstanding breakthroughs while in its mission to build new blockchain environments. In October 2021, the company revealed plans to develop its blockchain called GalaChain. By February 2022 it diversified into the music industry with Gala Music. GALA, the ERC-20 token was updated from version 1 to version 2 in May 2023 to provide additional functionality and security. Last but not least, in the starting months of the year 2024, both GalaChain and GALA token, its native token witnessed an official mainnet launch. This confirmed the establishment of a scalable and decentralized framework for the platform.

GALA Token Summary 

With a wide variety of gaming experiences and with a growing user base using Gala tokens on the Gala platform, has seen significant recognition in the blockchain gaming ecosystem. The Community’s strong adaptation of the Gala token to buy/sell an asset that can be owned and traded in-game is one of the features of the Gala token.

Adaptation and Partnership 

To expand the ecosystem of Gala and provide a greater variety of gaming experiences, the Gala platform has collaborated and partnered up with several game creators, publishers, and blockchain initiatives, this helps collaborations seek to use Gala as a utility.

The gaming blockchain platform Gala partnered up with  Epic Games to launch Gala’s tiles on the Games Store of Epic. The game store was launched in 2018 and is compatible with PC and Mac Games, this partnership will open up new doors as this will enhance Web3 titles of Gala to more than 194 million users on the Games store of Epic.

GALA Price Prediction for the year 2025-2030

As per Coinpedia, the price of GALA for the year 2025 is predicted to reach a high of $0.09271 and reach a low of $0.039388 and the average price is expected to be around $0.05937.

If the price continues its bullish nature for the year 2026, it is predicted to reach a high of $0.049895 and a low of $0.01938 and the average price would be around $0.031519.

In 2027, the price indicates an uptrend with possible bullish momentum, will reach a high of $0.044965 and a low of $0.021227 and the average price is expected to be around $0.027119.

Forecast for the year 2028 as per Coinpedia the price is predicted to trade between $0.036279 and $0.073464 and the average price will be around $0.048775. 

For 2029 if the price continues its bullishness then the price will reach its highest point at $0.1454, with a lowest point being $0.06319.

For the long-term prediction, the price could reach $0.084878 in 2030 and continue its bullishness with more upcoming events and collaboration.

How can you buy GALA?

You can buy GALA crypto tokens in just a few easy steps:

• First, you have to choose a crypto exchange that provides GALA tokens for trade.
• Second, create an account with the exchange, which typically requires an email address and verifying process.
• Third, navigate to the GALA trading pair and enter the amount of GALA tokens you need to buy.
• Where to buy GALA?

The GALA token can be bought from several well-known cryptocurrency exchanges, such as Binance, HTX, and ByBit. These platforms are well-liked because of their quickness, ease of use, security, and liquidity.

• Popular decentralized exchanges that offer EOS token

• Uniswap
• DeGate

• Popular centralized exchanges that offer EOS token

• Binance
• HTX
• ByBit

GALA Supported Wallets

We have Phantom Wallet, Sollet Wallet, Solflare Wallet, and Atomic Wallet are a few examples. Your tokens can be safely stored in these wallets; just make sure the wallet you use to store your assets is reliable.