1D
United States Dollar logoUSD
We’re first to list 90% of new cryptoassets. Get listed →
Gala (GALA)GALA
$0.6316
0.91%
Gala (GALA)
GALA Price
$0.6316
0.91%
Rank
#47
Market Cap (24H)
$4.76B
0.91%
Volume (24H)
$1.03B
-10.95%
Circulating Supply
7,542,496,572
Transp. Vol.
69%
Grade
B gradeB grade
1H1D1W1M1Y
+0.41%+0.91%+7.93%+594.73%+204,308.77%
ETH0x15d4c...c4203da
ETH
Verify address & DYOR
Contract
ETH0x15d4c...c4203da
ETH
Verify address w/ multiple resources & DYOR
Blockchain
Websitehttps://gala.games/
CommunityTwitterTelegramDiscordFacebook
GALA is an ERC20 utility token that powers the Gala Games, a blockchain gaming platform founded in 2019. The asset is c...Read more
Gala logo
GALA
United States Dollar logo
USD

Gala Price (GALA)

GALA Daily Performance

Today's Gala price is $0.6316, which is up 1% over the last 24 hours. Gala's market cap is $4.76B. 24 hour GALA volume is $1.03B. It has a market cap rank of 47 with a circulating supply of 7,542,496,572 and max supply of 36,223,245,556. Gala is traded on exchanges. Gala had an all-time high of $0.74451 7 days ago. Over the last day, Gala has had 69% transparent volume and has been trading on 72 active markets with its highest volume trading pairs being .

Want Daily GALA Price Updates?

  • Delivered when you want
  • Track additional assets & more
Privacy GuaranteedSecure Submission

This site is protected by reCAPTCHA and the Google  Privacy Policy and  Terms of Service apply.

Gala Statistics

Summary
Gala Price (24hr)$0.6316 (0.91%)
Market Cap$4.76B (0.91%)
Trading Volume (24hr)$1.03B (-10.95%)
Transparent Vol. (24hr)
$706.60M69% (-8.56%)
Transparency GradeB gradeB grade(Good)
Circulating Supply7,542,496,572 (20.82%)
7D Price Prediction
N/A
API Coverage
1st 1D CandleSep '20
1st TradeSep '20
1st OrderbookSep '20
Exchanges36
Trading Pairs72
Updated57 seconds

Price

$0.6316
Price Change
$0.005671 (0.91%)

All-Time High

$0.74451
Date of ATH11/25/2021
Days Since ATH6
% of ATH84.83%
Price vs ATH

Market Cap

$4.76B
Mkt Cap Change
$42.77M$42,773,405 (0.91%)
Mkt Cap Rank47
Mkt Dominance<1%
Mkt Dominance

Circulating Supply

7,542,496,572
Max Supply36,223,245,556
% in Circulation20.82%
% in Circulation

Volume

$1.03B$1,031,198,715
Vol. Change
-$126.86M-$126,859,107 (-10.95%)
Exchange VolumeUnknown

Transparent Volume

69%
Transparent Volume (Δ)
-8.56%
Transparent Volume
A - 69%
C - 23%
D - 8%

About Gala

GALA is an ERC20 utility token that powers the Gala Games, a blockchain gaming platform founded in 2019. The asset is cryptographically secured by the Gala Games ecosystem. Members of the ecosystem can transfer tokens between each other as they have full control over the asset.

At the time of writing, Gala Games has already acquired over 1.3 million active users. As the token soared in value in November 2021, the growth of the customer base has accelerated, too.

The company strives to create exciting blockchain-based games giving players a higher level of control compared to centralized alternatives. The founders consider it unfair when players spend hundreds of hours on a game, invest money in it and then lose all their efforts because of some issues on the platform. Rules established by Gala Games turn ecosystem players into true owners of non-fungible tokens with growing value.

The GALA ecosystem and its products

Gala Games aims to create one of the fastest-growing game communities claiming that the decentralized platform’s economy is going to rise in value considerably.

The number one priority of the team is to develop blockchain-based gaming technology that enables players to be the owners of the items they buy. The players on the Gala platform can not only own NFTs but also affect the policy of the platform with their help. They can decide how to run games within the ecosystem and vote for them.

The platform tries to unite passionate gaming developers and enthusiasts in a single network, and create a broad and integrated ecosystem with their assistance. The teams developing the games get benefits from joining the Gala Games ecosystem. However, they should be ready to give ownership rights back to the players after releasing their products as this is the key principle of the Gala Games ecosystem.

At the time of writing, Town Star is the only playable game on Gala, with other games in development. The game has a reward structure, in which the top 100 players get rewards in GALA tokens for their achievements in the game.

Gala Games acts as a publisher, game store, and NFT marketplace. Five free-to-play games are listed on the platform at the time of writing but more are coming soon. Apart from Town Star mentioned earlier, the list includes Spider Tanks, Echoes of Empire, Fortified, and Mirandus.

Gala Games technologies

The Gala Node ecosystem presents a triple-proof mechanism that unites a proof-of-stake, proof-of-work, and proof-of-storage protocol.

In August 2021, GALA was successfully bridged to Binance Smart Chain (BSC) via pNetwork, a solution for cross-chain interactions between dApps on multiple networks. It’s become possible for users to move GALA over to BSC through pNetwork Bridge dApp. Also, it gives access to decentralized exchanges created on the basis of BSC. Moreover, the bridge enables sending and trading the token with much lower gas fees compared to Ethereum thus contributing to the growth of the ecosystem. To make use of all these benefits, players should only connect MetaMask to the BSC network to enable the cross-blockchain transfer of funds.

The security and the smooth work of the platform are provided by the Founder’s Nodes that support the ecosystem and get rewards for their service. The operators of the Founder’s Nodes buy nodes to get the nodes license in order to earn rewards. Also, the active members of the ecosystem earn GALA on a daily basis . These are users who run Founder’s Nodes, refer users to buy Founder’s Nodes, or just play games on the Gala Games platform thus helping to support and promote the network. Even simple playing and sharing the experience of the game on social media can be helpful for the promotion of the system. This is a real tool in the hands of users that can affect the price of the token. The distribution of GALA takes place at 2.00 am UTC daily.

The operators should have their Founder’s Node online to participate in the random item distribution of NFTs and GALA. They also get GALA if they remain online for at least 6 hours a day.

GALA token and other financial details

GALA is used as the medium of exchange between the members of the Gala Games ecosystem. It was introduced to facilitate transactions between users and make their payments secure. This is a universal means of settlement between participants interacting with each other within the Gala Games ecosystem.

The participants can use the token when buying in-game items. They can also spend GALA to buy NFTs and card packs from the alliance members, such as Splinterlands. Native tokens give a possibility to activate Founder’s Nodes. Developers plan to add other use cases for the token in the future. The asset doesn’t represent shareholding or some interest in Gala Games, though, as it doesn’t entitle holders to any dividends, fees, or revenue.

The value of NFT depends on its level of rarity. NFTs feature six levels of rarity from common to ancient. The list also includes common, uncommon, rare, epic, and legendary levels of rarity.

GALA can be stored on an open-source and keyphrase secured wallet created specifically for this purpose. Only account owners have access to their wallets and the assets stored on them.

No ICO has ever been conducted to distribute GALA. The tokens can be purchased on numerous exchanges including Binance, Bybit, Coinbase, Coinbase Pro, Gate.io, LBank, Huobi, Kucoin, OKEX, Poloniex, Uniswap, Sushi Swap, and more. All these exchanges use the Ethereum network for trading GALA. Those who want to buy the token on the exchange using the Binance Smart Chain Network should apply to Pancake Swap that relies on BSC for that.

Gala Games Team

The platform was founded by Eric Schiermeyer, CEO. He was also previously one of the co-founders of the mobile games company Zynga that stands behind the creation of such popular games as Mafia Wars, Farmville, and others. There Eric focused on monetization and growth. Earlier, he was Chief Marketing Officer in Carnivore, Inc., a computer software company. Also, he was an investor and adviser in numerous projects.

Read More

Gala Markets

(Top 10)
Loading...

Gala Historical Data

(Past 7 Days)
Loading...

Frequently Asked Questions

  • What’s the current Gala price? How much is 1 Gala worth?

    The price of 1 Gala is $0.6316. Over the last 24 hours, a Gala is worth 0.91% more. Visit our currency converter page to convert GALA prices to currencies other than USD.
  • When did Gala start?

    The earliest trading data for Gala is on September of 2020 (based on current exchange data).
  • How high can the Gala price go?

    Gala’s price has gone as high as $0.74451 (which is GALA’s all-time high). It achieved this price 7 days ago. Speculations abound for how high Gala’s price will get in the future.
  • What's the smart contract address for Gala?

    Gala's smart contract address is 0x15d4c048f83bd7e37d49ea4c83a07267ec4203da.

Today's GALA / Gala News for December 1, 2021

Loading...

Similar Assets

(By Market Cap)
Loading...

Comments