GALA is the native utility token of the Gala Games ecosystem, used for in-game purchases, rewards, and governance within a decentralized gaming platform.
Description: Gala Games is a blockchain-based gaming platform founded in 2019 by Eric Schiermeyer, co-founder of Zynga, and Michael McCarthy. The platform aims to give players true ownership of in-game assets through NFTs and a decentralized ecosystem. The GALA token is used for transactions, staking, and voting on game development decisions. Gala Games has launched several games like Town Star and Spider Tanks, and continues to expand its ecosystem. The token operates on the Ethereum blockchain as an ERC-20 token and also has its own Gala Chain for reduced fees.
Established / Launched: 2019
Founder / Issuer: Eric Schiermeyer and Michael McCarthy
