What is Gala (GALA)? How does it work?

GALA Coin is a utility currency, mainly used for the Gala Game platform, a blockchain game platform. Here users can easily participate, play, buy, sell, and exchange items freely in the form of NFTs.

If you want to learn more about the topic of GALA Coin, please stay tuned for upcoming content from AZcoin.

What is Gala (GALA)?

Gala is a platform specializing in publishing blockchain-based games, where users can easily participate, play, buy, sell, and exchange items freely with each other. The items used for exchange are NFT tokens, which users can obtain from participating in games.

In other words, Gala is an ecosystem where games follow the Play-to-Earn model, allowing users to earn profits from participating in play. With that goal, Gala has done a great job in supporting users in controlling what they own through the blockchain technology platform.

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What stands out about Gala?

Some highlights to talk about at the Gala include:

• Blockchain-based games: Gala develops games using blockchain and NFT technology, allowing users to own and trade in-game assets transparently and securely.
• Ownership: Gala creates NFTs allowing users to own and trade assets from pictures to in-game items.
• NFT Market: Gala integrates NFT technology to produce exclusive digital assets, allowing users to participate and exchange.
• Fairness: Gala aims to build a fair ecosystem where everyone can participate and share in the benefits of owning NFTs.
• Community and interaction: Gala creates a large community with many other activities that help create interaction and connection between members.

Does Gala have any outstanding products?

The most outstanding products at Gala that we can recommend to you are:

• Gala Music: This is a music listening platform using blockchain technology, allowing artists to freely control their products, while other users can also more easily interact with their favorite artists. mine.
• Gala Film: This is a platform focusing on the film and television industry, targeting new filmmakers, and making it easier for them to access investment resources and fans.
• GalaChain: This is a Layer 1 blockchain developed to support creators, providing them with useful tools to make their projects more easily accessible to users of Web3.

And there are still many other impressive products that this ecosystem is planning to develop in the near future.

Overview of GALA

GALA is the main cryptocurrency of the Gala ecosystem, used in main transaction activities as well as as rewards for users.

Specifications

• Token Name: Gala Games Token
• Ticker: GALA
• Blockchain: Ethereum & BSC
• Token Standard: ERC-20
• Contract: 0x15d4c048f83bd7e37d49ea4c83a07267ec4203da
• Token Type: Utility, Governance
• Total Supply: 50.000.000.000
• Circulating Supply: 7.542.496.572

GALA Use Case

GALA is currently used in the ecosystem for the following purposes:

• Rewards for users when participating in the game.
• Participate in proposing and directing ecosystem changes.
• Currency for NFT marketplace transactions.

How to own GALA?

There are many ways for you to own GALA such as:

• Staking GALA to receive GALA.
• Play and complete missions to receive GALA as a reward.

In addition to the above methods, you can also own GALA by buying from exchanges, the best crypto exchanges we recommend for you are Binance, Gate, KuCoin, MXC, Bitmart,…

Where should GALA be stored?

To be able to store GALA, you can search and use all wallets that support the ERC-20 token standard to be able to store it.

Conclusion

Finally, together we have learned all the most general and easy-to-understand content about GALA Coin. If you have any other questions, don’t hesitate to contact AZcoin.