All coins

Gala

GALA
GamingLaunched 2019
Max Supply
50.00B
Circulating
48.40B
Launched
2019
Minute-Level Data From
2022-12-28

What it does

Gala is a decentralized entertainment ecosystem encompassing blockchain games, music, and films, where players have true ownership of in-game assets as NFTs. GALA is the primary utility token used to purchase in-game items, reward node operators who run the network infrastructure, and participate in governance. The platform aims to give players, musicians, and filmmakers ownership and control over their digital entertainment experiences.

How it works

Gala runs on its own GalaChain blockchain (initially on Ethereum/BSC). Players earn and spend GALA tokens in blockchain games where in-game items are NFTs that can be traded on Gala's marketplace. Node operators run Founders Nodes β€” special hardware/software that provides network services (game hosting, content delivery) and earns GALA rewards. The daily GALA emission distributes tokens to node operators based on participation. GalaChain provides game developers a layer-1 infrastructure for creating high-throughput gaming applications. Gala Games, Gala Music, and Gala Film are the three main verticals.

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Problem it solves

Traditional game publishers control all in-game assets β€” when a game shuts down, players lose everything. Gala solves this by making game items actual NFTs owned by players in their own wallets, independent of any game server. This creates portable digital ownership β€” assets retain value and can be traded even if a specific game changes or ends.

Key Differentiator

A multi-vertical decentralized entertainment ecosystem (gaming, music, film) where node operators provide computing infrastructure to earn rewards, and players have true NFT ownership of in-game assets across an entire game portfolio.

Tokenomics

Supply Model
Fixed cap (50B max supply; dynamic daily emission based on remaining supply; 97%+ already in circulation)
Staking
Founders Node operators earn daily GALA distributions; staking programs available in specific games
Burn Mechanism
GALA burned when used to purchase in-game items and NFTs on the Gala platform
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Ecosystem

Chain: GalaChain (own Layer 1) + Ethereum and BNB Chain bridges
Depends on: Game quality and player adoption, node operator network, NFT market conditions, gaming partnership pipeline
Influences: Web3 gaming market broadly, NFT game item valuations, play-to-earn economics

Similar Projects

Sources

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Supply figures and project details are approximate and may not reflect the latest changes. Always verify from official sources before making decisions. This information is for educational purposes only β€” not financial advice.