Financial Giant Charles Schwab...
22 November 2024 | 5:30 am
Gala Games is powered by GALA, an Ethereum-based cryptocurrency. It’s a platform that aims to revolutionise the gaming business by reclaiming control of players’ games. Players currently commit endless hours in the game and make in-game purchases that can be taken away at any time.
Gala Games intends to revolutionize the game industry by giving players back control. Gala Games’ objective is to create “blockchain games you’ll actually want to play.” The project aspires to alter the reality that players can spend hundreds of dollars on in-game assets and countless hours playing the game, only to have everything taken away with the click of a button. It intends to bring creative thinking into games by giving users authority over them and in-game assets using blockchain technology.
Gala Games has expanded to 1.3 million monthly active users and sold 26,000 NFTs, with the most expensive piece valued at $3 million, since its introduction in 2019.
Key Features of GALA Token
Gala Games is not a single game but a collection of blockchain games that prioritize pleasure above the blockchain. Town Star’s sole presently playable game is a browser-based town simulation. Players administer a town like SimCity, except in Town Star, they truly own the town.
Gala Games, originally constructed on the Ethereum blockchain, has used the p Network Bridge dApp to connect the GALA token to Binance Smart Chain as a BEP-20 asset. This enables gamers to significantly lower transaction costs while using or spending GALA tokens.
Games on the Gala network provide blockchain-powered gaming experiences, with the platform housing around a half-dozen games in development. RPG games, space exploration games, tower defence games, and other games are included.
Gala Games’ built-in marketplace makes it simple for users to buy and sell in-game stuff. This enables players to quickly get liquidity for game rewards or acquire new items/characters to enhance their gaming experience.
Unlike other play-to-earn games, which generally have a player population in the tens to hundreds of thousands, Gala Games has a startling 1.3+ million active players. As a result, games published through the platform are anticipated to become among the most popular P2E games in the blockchain world straight away.
You can buy GALA in India from several different exchanges but a trusted firm like BuyUcoin is important. With BuyUcoin you can trade GALA in India along with 130+ cryptocurrencies in INR and USDT pairs.
BuyUcoin is an Indian cryptocurrency exchange where you can buy and sell Gala and other cryptocurrencies. The following is a step-by-step guide to acquiring Gala using BuyUcoin.
Step 1 — Open a Digital Wallet
A digital wallet keeps your cash and uses blockchain technology to connect with other citizens. Before deciding what is best for you, it is necessary to undertake sufficient research. Nonetheless, there are several digital wallet providers, and BuyUcoin is presently the leading provider of digital wallets.
Step 2 — Register & Open an Account
When you enter the BuyUcoin/Signup account, register, and build a service account, select the person or corporate form of a report. Choose your country and adhere to your Bitcoin trading account’s terms and restrictions.
Step 3- KYC
In the Indian jurisdiction, KYC and AML are necessary. Your data is secure and encrypted, and it is only stored in Indian data centres. You are sent to another URL to complete your KYC. Please have your last selfie ready. It is required to take photographs of your pan card, and it is vital to know the mobile number connected with your Aadhar card.
Step 4- Google 2 Step Verification
You must have the Authenticator app installed on your smartphone or tablet to use 2FA. If you activate it, you will be requested to provide a 6-digit one-time password in addition to your email and password every time you log in to your BuyUcoin account. This only works if you provide an email address and a password.
Step 5- Add Bank Details
Fill up your name, the account holder’s name, and the IFSC code.
The platform, which debuted in 2020, was one of the first to reward gamers in the form of GALA tokens for playing their selection of games.
The platform has its native utility coin, called GALA. This is the primary digital asset in the Gala Games ecosystem, and it is used to purchase products, make peer-to-peer payments, reward nodes, and more.
You may buy GALA tokens using regular money or any fiat currency in India, such as INR. GALA may be kept in your wallet and used to buy or sell your selected cryptocurrencies without any hidden transaction fees using BuyUcoin, one of India’s leading cryptocurrency exchanges.
BuyUcoin is a multi-currency crypto wallet that stores GALA in cold storage wallets. Hardware wallets are the most secure wallets, and they are strongly recommended if you want to keep a large amount of money in your wallet since they provide an extra level of security.
Once the GALA has been delivered to your wallet, we will send you a confirmation email. The GALA will appear when you restart the BuyUcoin wallet.
BuyUcoin is one alternative for trading GALA. Using an easy-to-use interface, you may even pay with your credit or credit card. When you register with BuyUcoin, you must provide your ID and address. This conforms with anti-money laundering (AML) requirements and is familiar with the legislation of your customer (KYC).
Many exchanges consider ID checks the optimum answer, although they are technically not a legal requirement in most countries. It assists in avoiding the use of exchanges for illegal behaviour. There are, nevertheless, legitimate reasons why you should not reveal your identity to a business that respects your privacy.
Gala Games wants to change the gaming business by restoring power to gamers. Gala Games’ goal is to build “blockchain games that people will want to play.” The idea aims to change the reality that players may spend hundreds of dollars on in-game assets and countless hours playing the game to have it all taken away with the press of a button. It intends to bring creative thinking into games by giving users control over them and in-game assets through blockchain technology.
Since its launch in 2019, Gala Games has grown to 1.3 million monthly active users and sold 26,000 NFTs, with the most expensive piece valued at $3 million.
Buy NEXO Token in India — Step by Step guide for beginners
Buy Gala Token in India: Step-By-Step Guide For Beginners was originally published in BuyUcoin Talks on Medium, where people are continuing the conversation by highlighting and responding to this story.