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Price Updates, Recent Developments, Future Events, Community -Breaking

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Gala (GALA),: Updates on Prices, Current Developments, Future Events and Community
  • Gala Games is a blockchain-based gaming company that has captured headlines. They partnered with Snoop Dogg, the American rapper to release his album.
  • Gala confirmed that $5 billion was allocated for expansion.
  • Two highly anticipated Gala games are Spider Tanks, and Legends Reborn.
  • Gala (GALA), which has seen a 90% increase in its value during February, was one of the top performers.

Gala was created to allow players to take back control of their gaming experience. Gala uses non-fungible tokens. Gamers can own NFTs and control their in-game characters and assets.

Gala launched July 2019 and reportedly attracted more than one million players who were eagerly awaiting games’ launch. They also actively participated in Town Star. With eight games yet to launch, let’s take a look at how has Gala has been performed lately.

Pricing Updates

While February has been an excellent month for crypto-community, Gala (GALA), has had a great month with its double-digit performance, and has now attracted more than 200,000 investors.

In the seven last days, Gala’s price has increased by 90%. GALA suffered a slight correction in the price of Gala after a spectacular performance which saw it reach a new 30-day record at $0.3928.

This is the seven-day price chart for Gala (GALA). Source: Tradingview

Gala, which trades at $0.347175, is now the 52nd most popular cryptocurrency with a market capital of $2.42 Billion.

Latest Developments

Many celebrities have been experimenting in digital art as a result of the increasing adoption of non-fungible tokens. Gala Music is the Gala’s decentralized record label. Recently, it announced a partnership agreement with Snoop Dogg (the legendary American rapper).

Gala Music announced that it would be joining the rapper in launching his new album ‘Bacc on Death Row’ on its blockchain. Additionally, Stash Boxes are selling 1/17 songs from the album as NFTs. Limited supply of boxes is available, and they are only available for a brief time. Prices start at $5,000

Gala has announced that $5 billion will be allocated to movies, gaming and NFTs in order to expand its NFT presence.

It is anticipated that $2 billion of the funds will be used to fund its gaming business. A further $ 1 billion will be committed to the studio’s music ambitions, while another $1 billion will be for movies. The $1 billion remaining is expected to be given to NFTs at Gala.

Future Events

Having already attracted some of the best GameFi projects available, Gala recently announced that the award-winning Netherlands-based gaming company, GAMEDIA, had started building a new game, ‘Spider Tanks,’ for the Gala ecosystem.

Spider Tanks: A free PVP Brawler, where players can choose from several Tank Bodies and Weapons. Then they will battle it out with others in various areas of the map. The presale has begun and is in Beta.

Another anticipated addition to the games on the network is ‘Legends Reborn.’ In this collectible card game, players build collections and refine their Creatures to battle foes for treasure in the world of Tolkien. Gala community members eagerly await the launch of these new games with the presale underway.

Gala, the team behind Gala, is keen to expand on its success by establishing new partnerships and taking technological leaps. GalaChain is the Gala’s proprietary blockchain, according to the team.

The project’s migration to GalaChain is currently one of the most awaited events in the Gala community. Mainnet should drastically decrease network fees as well as solve other problems that are attributed.

Flipside

  • Despite its undeniable successes, some users have been left unimpressed due to most of the ecosystem’s games still being in the production phase.
  • These are the nine games These were announced by the Gala ecosystem, Town Star is available for gamers only.

The Community

Its mission of creating blockchain games “you’ll actually want to play” has made Gala one of the most community centric-projects in the sector.

Gala is one of today’s most active cryptocurrency gaming platforms. Its main idea of giving back power to players has allowed Gala to become a vocal, engaged community on social media.

GALA is the native token of ecosystem. The community has high hopes for GALA. @Hisham97147403 made the following prediction:

Ronnie10xBags, another user wrote:

Myrtle Anne wrote this:

Twitter (NYSE): (308.8K), Discord (1142.9K), Facebook NASDAQ: (38K), Youtube (19.3K).

What You Need to Care About

Gala allocates $5 billion for expansion to its play-to-earn gaming industry, which is worth $30 billion.

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