You can run a node by buying an account and running it on your computer. Nodes can also vote on which games will be published on the Gala Games platform. Gala Games assigns up to 50,000 Founder Nodes to validate in-game transactions and secure the network. The network is secured by its own set of nodes, the so-called founder nodes. The GALA token runs on Ethereum and Binance Smart Chain (BSC). GALA serves as a utility token for purchasing game items and can be earned by operating a node. For example, GALA’s daily payout from Jwill be 8,561,643 instead of 17,123,286. Every year on July 21st, GALA’s dividend is halved. Half of these GALAs will be distributed to Founder Node operators and the other half to the umbrella organization of the Gala Games. There are currently around 7 billion GALA in circulation.ġ7,123,286 GALA are distributed daily at around 2 a.m. The maximum total supply will be 35 billion GALA.
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Proof of storage as a free node enables games to be fully hosted in the node ecosystem, eliminating the dependency on centralized hosting solutions such as Amazon S3. PoS are chargeable nodes that are operated for certain games via an intelligent contract “rental” structure. These are the earliest supporters, they receive NFT from all subsequent games and GALA allocated to their nodes. PoW is called Founder Nodes, which are 50,000 NFT-based Tier 1 nodes. The Gala Node ecosystem uses 3 algorithms including Proof of Work (PoW), Proof of Stake (PoS), and Proof of Storage (Proof of Storage). In return, they will receive rewards such as GALA tokens, limited edition NFT and other earning opportunities. Users can run Gala Nodes to support the Gala network. Other games are also developed by Gala Games, such as Fortified, Mirandus, Echoes of Empire, and Spider Tank Project. VOX owners also receive an FBX file that they can use to animate or even 3D print them in the future. Owners can block GALA and earn VOX with their VOX avatar in the future. Although VOX was inspired by the Town Star, it also has a number of other utilities that aren’t just an NFT avatar. 8,888 VOX have been handed out at an average price of 0.0888 ETH, or about $ 300 at the time of writing. Each VOX is unique and some VOXs are rarer than others.
VOX is the NFT collection from Gala Games. Town Star, their first title was a city simulation game in which players manage a city similar to SimCity’s gameplay, but in Town Star they actually own the city, possibly buy and sell it. Gala Games is not a single game, it offers a whole range of different blockchain games. Gala Games currently has 60 employees in total. Schiermeyer launched Gala Games on Jto create a blockchain-based gaming network and give players more responsibility for the games they play. Under the direction of Schiermeyer, Zynga released hits like Poker, Mafia Wars and Farmville. Gala Games was founded by Eric Schiermeyer, the co-founder of the well-known mobile game company Zynga. Since its launch in 2019, Gala Games has 1.3 million monthly active users and 26,000 NFTs sold, with the most expensive product being worth $ 3 million. released City star and a collection of NFTs – VOX. The Founder Nodes voting mechanism enables players to influence which games the project should develop and which games should be funded. Players can own NFTs and influence the management of games in the Gala Games ecosystem. The project plans to reintroduce creative thinking into games by allowing players to control in-game assets using blockchain technology. Gala Games aims to change the reality in today’s traditional games that players can lose all assets in the game with just one click of the publisher’s button. Gala Games’ mission is to “make blockchain games you really want to play”. Gala Games aims to lead the game industry in a direction other than tradition by allowing gamers to take control of their games. The token price rose 100% right after the announcement.īinance will open trading for the pairs GALA / BTC, GALA / BNB, GALA / BUSD and GALA / USDT on September 13 at 1:00 p.m. The cryptocurrency exchange Binance has notification that they’ll be listing Gala Games (GALA) this afternoon.
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