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May 21, 2024 · The native token of crypto gaming project Gala Games (GALA) fell sharply Monday amid fears of a major transfer of over $200 million worth of GALA tokens that traders feared was a hack, and then ...
May 21, 2024 · The change of fortunes leaves Gala with an unexpected $23 million windfall in ETH tokens. "We will probably buy and burn on galaswap," said the project's CEO Eric Schiermeyer, also known as ...
- danielnelson@coindesk.com
- Managing Editor-Data & Tokens
Apr 17, 2023 · Apr 17, 2023. 790. 27. As the Gala Games ecosystem continues to grow and evolve, we are thrilled to announce the upcoming launch of GALA (v2) on May 15th. This upgrade to the Ethereum contract for the Gala token brings a host of improvements to the table, including enhanced burn mechanisms, security enhancements, and future upgradeability.
Gala is a web3 ecosystem powered by a layer-1 blockchain (GalaChain) built to power the Gala entertainment ecosystem that originally included Gala Games, Gala Music and Gala Film. More recently however, GalaChain has opened its doors to external developers and projects from any applicable industry, providing open source developer resources to simplify the process.
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- [Gala Games](https://gala.games/) was created by industry-leading game developers who came together to bring value back to the players with the hel...
- GALA is the core utility token for Gala Games. It is the main token with which NFT items can be purchased, it is the reward received by [Founder’s...
- Gala Games was founded in 2019 by Eric Schiermeyer, Co-founder of Zynga, along with like-minded experts from gaming, crypto pioneers and blockchain...
- Centuries of combined experience from some of the greatest game devs makes Gala Games truly unique in both the Web3 and gaming worlds. They are com...
- The maximum total supply will be approximately 50 billion GALA. Each day, 50% of GALA emission is distributed to Founder’s Node operators, and 50%...
- GALA is an ERC-20 token built on the Ethereum blockchain with the following contract address: 0x15d4c048f83bd7e37d49ea4c83a07267ec4203da [Etherscan...
- GALA is listed on many exchanges, including Coinbase, Binance and UniSwap.
Apr 24, 2023 · On May 15th, GALA(v2) will be dropped 1:1 to all GALA holders as the new-and-improved Gala Games ecosystem token
Jun 5, 2023 · With assistance from our exchange partners and coin listing platforms, we have transitioned to the new token contract seamlessly and securely. Multiple Audits Our commitment to security has led us to undergo multiple audits by renowned firms CertiK and Anchain.
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May 18, 2023 · Image: Shutterstock. Gala Games announced this week that it has removed or “burned” almost 21 billion GALA tokens after completing its V2 token airdrop—more than $637 million worth at the time of the burns—from its own reserves in an effort to reduce concerns surrounding a possible “dump and exit” scenario. “The tokens we hold we ...
