Today, with the increasing popularity of digital currencies and the significant growth of active users in this field, the number of different cryptocurrencies is increasing day by day, each of which seeks to solve the problems of previous cryptocurrencies. In this article, we are going to introduce you to Gala digital currency and its features. Gala digital currency was created to support Galagames games. You will receive Gala Tokens as a reward by performing certain activities in this game. This digital currency, like Atlas digital currency, Play To Earn economic model and the combination of graphic environment with Metaverse, has played a significant role in attracting different users to Gala digital currency.

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Currently, Gala digital currency is ranked 59th in the list of digital currencies in the world. Earning money by playing games is one of the easiest and most attractive ways to earn various cryptocurrencies. In general, 36,070,694,093 Gala digital currencies have been released, of which about 7,542,496,572 have been circulated.

Read more: Digital currency training

Galagames project + Gala digital currency

GalaGames is a game development company that operates on the blockchain platform. This company was founded in July 2019 by Eric Schiermeyer. GalaGames is a gaming and receiving NFT token platform for blockchain game development. The goal of Galagames is that players can play and trade at any time and place. The local and unique token of this game is called Gala, which is used in management decisions, in-game buying and selling, and NFT trading.

Today, blockchain games and NFTs have become two very popular revenue generating trends in the digital currency market. The most important reason for the popularity of the two mentioned is the new ways of generating income with a small and fun cost, which makes players eager to play and earn money from the respective currency. The same thing happens in Galagames, players can buy and sell different items in the game with NFTs and cash the items and NFTs in exchanges if needed.

Binance exchange has announced in an official news that it will add Gala token in the near future.

Introducing some Galagam products

Galagames is also a game store like Origin, Steam, etc. But the games in this store are free and decentralized. In the following, we will introduce you to some popular Galagam products.

Spider Tank game

is an online multiplayer strategy game where players battle other teams with spider-like tanks. Of course, this game is under development and has not been released yet.

Town Star game

If you are interested in city-building or country-exploring games, be sure to try Town Star. Town Star is a city building and strategic game that allows players to build a city on a piece of land. The items in this game are tradable and you can make purchases in this game with GALA, ETH and BASIC ATTENTION tokens. If you start this game in competitive mode, after a week of competition with users from all over the world and your rank is determined, you will receive a reward in the form of a Gala token.

Reasons for the distinctiveness of Gala digital currency

Galagame is not just a game, but a store with various blockchain games.

The exclusive Town Star game is a city building game similar to the SimCity game where players manage a city or region. But with the difference that in Town Star players are the real owners of an in-game city that can buy and sell real estate.

VOX is a collection of Galagames NFTs and each VOX is unique. Although VOX is inspired by the game Townstar, there are other tools in VOX that are not only NFT tokens.

Owners of Gala cryptocurrency can lock this cryptocurrency, then receive VOX with their VOX token. By receiving an FBX file, owners can use them for 3D printing.

Gala Node also uses three algorithms, Proof of Stake (POS), Proof of Work (POW) and Proof of Storage. The proof-of-work algorithm is also called Founder Nodes. The task of this algorithm is to receive all NFT games and assign gala to the nodes of that game. But the proof-of-stake algorithm is called rechargeable nodes that are executed by smart contract for unique games. And finally Proof of Storage, known as a free node, hosts all the games in the node ecosystem.

The best Gala cryptocurrency wallets

Note that you can store your cryptocurrency in internal exchange wallets, but this method is not recommended for security reasons. Therefore, making or buying a dedicated wallet for long-term storage of your assets is the best option.

Many wallets have been released to store and maintain Gala digital currency, this currency was launched using Ethereum ERC-20 network. Users can store Gala digital currency by creating an account in any wallet compatible with Ethereum.

Ledger nano s  

It is a high security hardware wallet that supports more than 200 different coins.

Exodus  

This software wallet is designed for Windows, Android and iOS operating systems. It currently supports more than 8 coins with multiple tokens.

Metamask

Metamask wallet is also a software that is used in web, android and ios system. Metamask supports one coin with multiple tokens.

last word

Gala is currently available for sale at an approximate price of US$0.089. In the past period, with a price growth of 21%, it was able to be placed in the 220th position of the Coin Market Cap website, and the volume of daily transactions of Gala is almost more than 444 million dollars. Also, Gala Games has been able to prove itself as an income generating method and has gained a lot of popularity among traders and players by offering the latest programs in the blockchain gaming industry.

But if you don’t have enough time or interest in playing, you can trade in reputable exchanges around the world and become the owner of Gala digital currency. We can mention Binance, ZT, GATE.IO, Mandela and Kocoin as the most common and famous exchanges for trading Gala digital currency.