Gala is currently trading at $0.0411, after a price change of 7.23% in the last 24 hours.
Ranked as cryptocurrency #98 by capitalization today, GALA market cap is valued at $286,616,033. GALA trading volume reached $627,996,416 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on GALA coin price prediction page.
GALA Coin Price PredictionWhat is Gala?
Gala is a gaming blockchain where users own their games. GALA tokens are based on Ethereum and Binance Smart Chain. Users manage their in-game items in the blockchain-based system. The network seeks to give players control over in-game items using blockchain technology. All nodes are secured with the proof-of-work, proof-of-storage and the proof-of-stake algorithm. Gala is supported by units called the Founder’s Nodes. The games set a maximum of 50,000 nodes as validators.
Town Star is a notable game on the platform. In the game, players own and manage a simulation of a town. VOX, another product of Gala, is a series of collectible NFT avatars in the network. Other Gala games in progress include Mirandus, Echoes of Empire, Fortified, and Spider Tank.
GALA is the main currency powering Gala. 6.98 billion GALA are circulating from a supply of 35,240,112,493 and no available hard cap. The token is used to reward players in a Play-to-Earn model. Native token holders can fix GALA for VOXcoin used in the acquisition of VOX avatars.
Gala debuted in 2019, created by Eric Schiermeyer.