GALA is an Ethereum token supporting Gala Games. It is basically a platform for blockchain gaming. Participants of the Gala Games use GALA as the medium of exchange between Gala Games. For instance, it can be used as a token to pay for in-game items.
In this article, we will dive deeper into what this crypto token is and how it may grow in the current and upcoming years.
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Contents of this Article:
- What is the purpose of GALA Token?
- What are Gala games
- The names of the Gala games
- Gala crypto price predictions for 2022
- Final thoughts about the GALA crypto token
What is the purpose of GALA crypto Token?
The GALA crypto token is the primary crypto used in the Gala Games environment. Learning about what this token is and what it does is important in understanding when to buy or sell it and how to use it. This Article uses some terms including NFT, Blockchain which we recommend you read about before proceeding with this article.
According to the Gala Website, ‘… GALA is cryptographically secured and native to the Gala Games ecosystem.’ Users and players can exchange and transfer GALA in the gaming environment. Also, players have full control over the ways in which they want to use it.
The purpose of GALA crypto is to provide an easy and safe mode of payment between the players who interact within the Gala Games environment; for instance, payment of digital goods or in-game items is possible via this token.
Please note that the GALA token was created to be utilized on the Gala Games environment, and ownership of GALA carries no rights, express or implied.
The wallet on the website of GALA and also in the GALA application is an open-source wallet secured by a key phrase., Once you have made the wallet, only the account owner has access to the cash and items stored within the Gala wallet.
Anyone can buy and sell the token via these exchanges which are available below:
- Binance
- Poloniex
- Uniswap
- MEXC
- Bitstamp
- OKEx
- LBank
- Coinbase Exchange
- Gate.io
- Gemini
- Huobi Global
What are Gala games?
Let us tell you that Gala Games attempts to take the gaming enterprise on a distinct path by providing players back control of their games. The main goal and vision of Gala Games are to create “the blockchain game people really want to play”.
Gala is a platform that has hosted and introduced many games and more will be included in the future. This massive project is built on ETH blockchain and Binance Blockchain.
The token GALA will be used as a medium of exchange in the games, store as well as on the whole platform as well. The gaming industry is growing each day and if combined with blockchain the value of the GALA token can rise very soon. Hence, our prediction about the price of GALA crypto can come true.
The plan seeks to replace the fact that players can pay hundreds of dollars on in-game assets, and innumerable hours playing the game, which can be taken away from them with the click of a button. It intends to reinvigorate imaginative thought in the game by presenting the player’s control over the game and in-game assets with the help of blockchain technology.
Some of the games introduced on the Gala Games
At the moment, there are two games in beta that can be played on the windows OS and the rest of the games are still under development. In total, currently, there are eight games in GALA all of which are listed hereunder.
Some of the games should be downloaded and installed on your device, but the rest of them can be played on any browser as well.
- Fortified – In Development
- Town Star – Beta
- Spider Tanks– Beta
- Echoes of Empire – In Development
- Last Expedition – Pending Node Vote
- Legacy – In Development
- Mirandus – In Development
- The Walking Dead: Empires – In Development
Currently, there are only eight games. As the platform grows further, more games will be added; hopefully in the coming years.
Gala crypto price prediction for 2022
The changes made in the price of Gala in the past week say that in the year 2022 the price of the token will not stay at the price on which it is trading now. The current increase in the price will clearly state that the crypto will be going to touch another peak.
Analysts claim that the Gala token will not settle down so easily because the demand for this token is very high and traders all over the world are continuously looking to invest in this crypto. Therefore, the price of the Gala token in the year 2022 is expected to touch the $1.53 price mark.
What about the price of Gala for 2023, 2024?
We expect that in the year 2023, the GALA token will show another change in the price and it is going to hit another pinnacle. After the investors put their money in this token then the chances of the price facing a dip in the future will decrease.
The estimated and expected price of the token in the year 2023 is probably going to be $1.8926.
When the token finally touches this pinnacle the demand for GALA will increase even more. 2024 is expected to bring an excellent boom that cannot be ignored by any investor. Some analysts mention that the GALA token will reach a target price of $2.103 in the year 2024.
Overall, it can be said that If you invest in this token today then you will surely get a very genuine amount of profit in the future.
Final Thoughts about the GALA crypto token
All the analyses point out the fact that investing in the Gala token today is a logical idea as it will bring a good amount of profit in the near future. In this article, we provided the assumed prices of the toke; however, nobody can be sure about the exact prices since there are many other variables that can affect the crypto market.
In case the market takes any turn or changes then the price of the token will show some different amounts in the upcoming years. So, stay connected with us to know more information related to the trending cryptocurrencies.
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