That cryptocurrency is something that has built its own world, known as the crypto world, and its popularity is constantly growing. It is simply a digital asset that you can store in your virtual wallet and use to buy or sell over the internet. These days, almost everyone is familiar with crypto trading and its operations to some extent. Some people have already invested in the crypto market. Some of the most reputable cryptocurrencies are Bitcoin – the most valuable cryptocurrency that can be easily traded through bitindexai.biz, Ethereum, Cardano, Dogecoin and Binance Coin.
Some people believe that blockchain technology is the future of the financial system, and others show conflict. But it is clear that the use of blockchain technology in the gaming sector will be spectacular. Many companies are working to establish a better future for multiplayer games using blockchain technology, although it is still in its infancy. GALA is such a project.
A player’s happiness is at the heart of the vision of GALA games. Their main concern is to feel better. They propose that the blockchain in their game should be unrecognizable. They use user-friendly features that can appeal to anyone, whether they consider themselves crypto experts or not.
What is a gala?
It is a gaming ecosystem where you earn money by playing games. Gala Networks provides the market with autonomous solutions that empower users in revolutionary ways. In particular, the developers want to increase the adoption of GameFi and Blockchain. The term “GameFi” is the combination of Gaming & Finance.
Play-to-Earn game projects are rapidly gaining popularity. Through these networks, users can access the values that were previously limited to a specific gaming network. Therefore, these networks have made a lot of noise. It is significant that this exposure became a reason to invest in the gala. C2 Ventures has partnered with Gala Games to raise $100 million to invest in this growing gaming sector.
Gala Games is a blockchain gaming platform powered by GALA, an Ethereum token. Gala Games players use this currency for the communication process. For example, you can use it to buy things in a game. The project aims to remove the apparent barriers that blockchain players face when interacting with these platforms. It also aims to prevent players from spending too much money on gaming equipment before the game begins. The network seeks to completely overhaul blockchain gaming by allowing users to manage their digital assets and games.
How it works?
Gala also includes the goal of decentralization in its plan. Gala Games gathers public opinion on the development of their games. It is supplemented by users running Gala nodes, which offer network support in exchange for local cryptocurrencies, special NFTs and voting power. The network is assisted by a triple-proof node mechanism that relies on three different methods of consensus.
The system uses the Proof-Of-Work (POW) mechanism to power its computers. Because they were an early proponent of the Gala Network, equipment that adheres to this protocol is called Founder Nodes. POS nodes are expensive nodes that enter into smart contracts to run certain games.
Free nodes demonstrate storage by allowing games to be organized on the node system due to its storage capacity. This removes the requirement for centralized storage and hosting. Node owners will have the right to vote to decide which game will be added to the network.
Are you going to buy a gala?
Gala has some solid games in development that may well break this pattern when we talk about blockchain games. The biggest problem for many blockchain games so far is that they are not as fun to play as regular games. Gala wants to change this. On top of that, Gala has a team of experts and knowledgeable managers, and she has tried hard enough to find the talents in the industry.
Gala also has some achievements. The most important of these is that Gala is working on developing its own blockchain. Currently, it runs on the Ethereum blockchain. Having its own ecosystem will allow it to minimize the cost to a significant level and it will also improve the transaction time which will make it a good investment opportunity.