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Gala Games has been greenlighting bigger and bigger blockchain games with increasingly interesting game developers.
Gala Games has built a platform that combines play-to-earn mechanics and non-fungible tokens (NFTs) with game developers who know how to make fun games. The company is working with developers like Will Wright and Peter Molyneux and popular entertainment brands like The Walking Dead. While games embrace the new technology of NFTs, which authenticate unique digital items, and the model of play-to-earn, where players can own and resell their items, the focus is on creating games that make gamers happy, said John Osvald, president of games at Gala Games, in an interview at the recent Game Developers Conference.
It’s a growing empire, but built on a relatively small base of 1.3 million active players. Gala Games raises funds for its developers and its own purposes through selling NFTs that are used in the games. It pays for its blockchain processing costs — the computing nodes that verify things like the NFT ownership — by giving tokens to those who run the nodes.
Gala Games built its blockchain ecosystem on the Gala Games token (GALA), which was created on the ERC-20 standard for the Ethereum blockchain, and it also works with the Binance Smart Chain. Through the token, players can invest in their game assets, like Spider Tanks, and own them. They can resell them as well. Their tokens also give them the right to vote on the future direction of the game’s development.
That keeps the players more engaged, and it has resulted in a tight community that is far more willing to pour money into games than
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