Gala Games Plans for Mobile Gaming, GALA To Be The Primary Token
January 30 2023 - 02:00PM
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Gala Games, a blockchain-based gaming platform that rewards users
with in-game and non-fungible tokens (NFTs), has released its plans
for 2023. Related Reading: Dogecoin Surges 6% After Elon Musk
Unveils Crypto Payment Master Plan Gala Games’ Strategy Per a
report shared on January 29, the objective of the platform this
year is to continue supporting the broader gaming ecosystem, move
to mobile, and carve out market share while anchoring its strategy
on four key pillars, touching on sharing updates, conquering
mobile, protecting utility, and remaining visible. Gala Games has
specified that all games within its ecosystem will use GALA as the
primary token. GALA is the native currency of the gaming portal and
gifts users to vote on proposals. The platform leverages blockchain
technology and aims to lead in the sphere. Over the months,
including in 2022, when gaming activities contracted due to an
extended bear market that saw crypto assets like Bitcoin and
Ethereum more than half from their 2021 peaks, Gala Games continued
to strike valuable partnerships. To build on this base, Gala Games
is setting aside over $300 million to support projects in the
gaming ecosystem. Out of this amount, the platform has deployed 50%
of the amount. They revealed that they are still working with,
among others, Gamedia, Artic 7, and Shiver Entertainment. Besides
partnering with external game developers, Gala Games works with
their internal game developers. Subsequently, the platform updated
the community that they plan to re-launch Town Star in partnership
with “The Walking Dead Empires.” In the same vein, several gaming
titles will be launched in 2023 and 2024. Move to Mobile This year,
Gala Games added, they expect more intellectual property holders to
join their growing ecosystem. Some of them include PokeGo and AMC.
On January 23, Gala Games announced the acquisition of Ember
Entertainment and its gaming portfolio comprising over 15 games.
Together, these games have been downloaded over 20 million times
since deployment. Related Reading: Bitcoin Volatility Ahead? Open
Interest Registers Sharp Jump On their plans to move to mobile,
they will avail web3 games such as Meow Match and Aqua Blast to
gamers. Meow Match, Gala Games added, will be the first to
integrate a monetization strategy. The decision to move has been
part of the Gala Games’ strategic plan over the years. As they do
so, they said they expect to retain high quality, as expected by
the over 2.8 billion mobile gamers, while enabling players to take
charge of their digital assets.
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