API ID:
gala
Trade Symbol:
Coin or Token:
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Coin Overview
GALA
Token
50 Billion
Gaming, NFTs
September 2020
Gala
Gala is the native utility token of the Gala Games platform, a decentralized ecosystem focused on blockchain-based gaming. Players can use GALA tokens to purchase in-game items and participate in governance decisions. Gala Games aims to give players true ownership of their in-game assets through (NFTs) non-fungible tokens.
A Deeper Dive
Technology & Use Case
Gala started on Ethereum and BNB Chain but is migrating to GalaChain, its own blockchain designed for gaming. GALA tokens power the ecosystem by paying for in-game items, NFTs, and marketplace transactions. Node operators who run Gala nodes help secure the network and earn GALA, while players benefit from ownership of digital assets.
Origins & Team
Gala Games was founded in 2019 by Eric Schiermeyer, co-founder of Zynga (creator of FarmVille), along with a team of game developers and blockchain enthusiasts. Their mission was to put power back into players’ hands by letting them own items and have a say in how games evolve.
Ecosystem & Partnerships
The Gala ecosystem includes games across genres, from RPGs to strategy and simulation. Beyond gaming, Gala has expanded into music (Gala Music) and film (Gala Film), allowing artists and creators to release content directly to fans. With developer partnerships and NFT marketplaces, Gala is positioning itself as a broader Web3 entertainment ecosystem.
A Deeper Dive
Popular Exchanges
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