Introduction: A Revolutionary Gaming Experience
Gala Games, established in 2019 by Eric Schiermeyer and Michael McCarthy, stands as a groundbreaking blockchain gaming platform. By offering a play-to-earn experience, Gala Games allows players to accumulate cryptocurrencies and non-fungible tokens (NFTs) through gameplay, addressing a longstanding challenge in the gaming industry.
Leadership Pioneers: Eric Schiermeyer and Michael McCarthy
Led by CEO Eric Schiermeyer, a digital gaming veteran with a significant role in Myspace and co-founding Zynga, Gala Games benefits from his extensive experience. Michael McCarthy, President of Games, brings over two decades of gaming industry expertise, contributing to Gala Games’ innovative approach and redefining the gaming landscape.
Blockchain Integration: GALA Token and Ethereum
Operating on the Ethereum blockchain, Gala Games introduces a native token, GALA, which acts as the platform’s lifeblood. This token facilitates in-game purchases and serves as a medium of exchange among participants. Despite its Ethereum roots, Gala Games has ambitious plans to launch its autonomous blockchain, Project GYRI, powered by the GALA token.
Strategic Partnerships: Expanding Access with Polygon and BNB Chain
To enhance platform accessibility and reduce transaction costs, Gala Games has strategically partnered with the Polygon network. Additionally, the platform successfully bridged to BNB Chain using the p.Network Bridge dApp, enabling players to send and trade tokens with reduced gas fees.
Token Distribution: GALA Tokens and Fair Play
GALA tokens follow a yearly halving schedule, ensuring a fair distribution among the platform’s Founder’s Node operators and the Gala Games Conservatorship. This strategic approach aligns with Gala Games’ commitment to fairness and sustainability in the distribution of its native cryptocurrency.
Decentralized Infrastructure: Gala Nodes
Gala Games introduces Gala Nodes, a distributed network of computers that secure the platform and validate transactions. Node operators, who purchase Gala Node licenses with GALA tokens, contribute computational resources and are rewarded with GALA tokens and unique NFTs. This decentralized infrastructure enhances the security and integrity of the Gala Games ecosystem.
Diverse Gaming Ecosystem: Titles and Gameplay
The Gala Games ecosystem offers a diverse range of titles, including real-time strategy (RTS), multiplayer online battle arena (MOBA), and role-playing games (RPG). While each game varies significantly in gameplay, they all share a common feature—rewarding players with GALA cryptocurrency and NFTs for their in-game accomplishments.
Strategic Collaboration: $100 Million Fund with C² Ventures
In December 2021, Gala Games joined forces with C² Ventures to launch a $100 million fund dedicated to accelerating blockchain gaming development. This collaborative initiative aims to support game developers and foster new blockchain-based gaming projects, further solidifying Gala Games’ commitment to innovation in the gaming industry.
