We all have been witnessing how different gaming platform is creating their metaverse. We play the game, we get rewards, and we can come under the same roof, where players from everywhere in the world can compete. It is amazing, we all know that, but can you imagine that a blockchain-based platform can support films also?
Before coming to the main topic, let’s talk about some facts. In 2020, the box office revenue was $11.8 Billion. And it rose to $21.3 Billion within a year (Source from Statista). So, just think about the numbers, and if I ask you- do you want to be a part of the global market?
What will be your answer? If you wish, then let me introduce you to Gala Games, as they are focusing on building the biggest Film industry based on a blockchain. And they are trying to create a platform where the common person can be a part of the global market.
What Is Gala Games?
Gala is an online gaming platform that is built on a blockchain, and players can earn rewards or simply play games on the platform. You will find different games on this platform, the most popular game is Mirandus which is a fantasy online multiplayer game. The system is secured with a Gala Games node, a safe and secured network.
One of the most interesting things about the Gala is that it hosts May Mayhem- a yearly event to reward its users. The event takes place in the Gala ecosystem. If you want to win the million-dollar prize pool, then you must play the games on the Gala Ecosystem. There are games like Spider Tanks and Town Star.
For game lovers, this platform is great, you can also find popular games by watching the DappRadar ranking. You can check the Gala Games’ latest achievement, where you can see recent performances of the Gala Coin.
Gala Games: Founders
The main founder of the ecosystem is Eric Schiermeyer. Previously, he was the co-founder of a mobile and social games company named Zynga. The platform was able to launch some popular games like Mafia Wars, Poker, and Farmville. So Schiermeyer has a lot of experience in gaming.
In July 2019, he launched the Gala ecosystem that allows the users to own more in-game assets, and they can have a lot of rewards. Right now, the team has a total of 6 employees who are working to give us better features on this platform.
Gala Price Prediction
The current token circulation is 7 billion. And the maximum supply of GALA is 35 Billion. In the last 24 hours, the circulation of GALA is 17,123,286. Most of the Gala tokens are distributed by Node operators. The initial token price is $0.0014, and right now, it has a value of $0.03521.
So, the value of the Gala token will definitely increase. The project is in its early stage, so if you want to invest, then do not wait anymore. Within a couple of years, this platform will give you enough profit.
Gala Films: How To Participate
Now you have a basic idea about the Gala platform, but how the blockchain-based gaming platform is coming into the entertainment industry. A couple of weeks ago, the platform announced Film Nodes, and the sales are still going on. The Gala Node is the foundation of the decentralized entertainment ecosystem. Gala also has a Film Node License, and users can support the content.
To participate in the Gala Film ecosystem, all you need to do is to buy Gala Film Node. You can visit the official website and buy the Nodes with ETH or GALA. NFTs and Film Nodes power the ecosystem. One of the best things about Gala Film is that the lives will consist of digital content, and the fans will be the owners of those digital content as NFTs.
But why do you buy NFTs if that is no benefit? The main benefit of this ecosystem is that it has the watch-to-earn mechanism. The mechanism allows you to gain rewards by watching films. But you need to connect the Film Nodes with your NFT. The operators will also gain incentives after enabling the NFTs on the Gala Film Platform.
What Rewards Can You Get?
So, what rewards are there? After the Gala Film’s content is live, the operators will receive Gala Film tokens. You must know the platform is under construction, and operators will receive incentives in POPCORN.
POPCORN is a unique NFT reward that boosts efficiency. The Node operators can run the workload faster. If you have POPCORN, you can receive greater rewards after the Gala Film token is live.
Gala Films and Web3 Entertainment
The ecosystem offers a win-win economy that is profitable to artists, supporters, and fans. Emerging filmmakers have new opportunities, and their work will be visible to more people. And their content will reach so many people. Anyone who is contributing to this platform will have the opportunity to earn incentives.
So, no matter whether the content is spread through word-of-mouth or someone is promoting the content through the Gala ecosystem, the artist or the maker will get the benefits. The platform also focuses on intellectual property. The platform is sure to achieve its vision by encouraging filmmakers and safeguarding their rights and technologies. Gala has confirmed that there will be a litepaper so that users can understand the platform better.
Gala Games: Reasons To Choose
So why are players shifting towards this platform? There are certain reasons for that. Let’s check out.
- Fun and Entertainemnt
Whether you are a blockchain pro or you are just a common person. The platform uses simple game mechanics so that players can enjoy a hassle-free experience.
- Owned by Players
One of the best things about this platform is that players can win real-life rewards. The rewards, assets, and everything can be traded through various exhchanges.
- Community
The platform focus on the community, and always tries to test the games. You can join the discord community to learn about any updates.
- Powered by People
Almost everything on the platform depends on the Node Ecosystem that players own. The network is supported by normal people who have the Gala Nodes.
Our Verdict
Simply put, the platform is new and still under construction. So, if you see the ecosystem as an investing platform, then this is the time to invest. And if you want to play and earn rewards, you can do that too. The games are pretty awesome.
If you have any queries, feel free to ask in the comment section below.
Thank you.
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