Gala Games Review [2024] – Deep Dive Into (GALA) Coin NFTs And Nodes

Gala Chain

Gala Chain is going to be the chain that supports their entire ecosystem, although it will still be operable with other chains, such as Ethereum. It is currently in testing phase, with release expected in the second half of 2022. This blockchain will significantly enhance the offering from Gala because it means they won’t be reliant upon an external chain, such as Ethereum. 

Transaction fees are very high on Ethereum and it’s expected that their own chain will make trading their NFT’s much cheaper. Not only that, but their chain should allow NFTs to be upgraded onchain. This is hugely important for NFT gaming because one of the biggest appeals for this type of gaming is that the value of an NFT can be enhanced over time by using it and giving it more power in the game, and therefore more value in the real world.

For example, if you were to buy an NFT for $100 at level 1 and use it for 1 year, you might get it to a level 10 NFT and it may now be worth $500. This means you can still have great fun playing a game, but you’re actually creating real-world value for your NFT assets as you do so. This was the thing that really attracted me to nft gaming and play-to-earn in the first place. 

Gala chain also promises to be kinder to the environment than using Ethereum, which is currently proof-of-work and very carbon usage heavy.

UPDATE! Galachain has now launched with 1 game (spider tanks) and will soon be fully operational accross all of their games, using Gala as the gas fee token AND be fully hosted on Founders Nodes.

How To Earn Gala Tokens

Gala Games are helping to establish a redistribution of wealth and putting game ownership in the public domain. This means that anyone can potentially benefit from the growth of the company through playing the games, buying and holding the coins, or buying a node. Here are the 4 main ways that someone can receive Gala Coins;

1. Play The Games – the games are free to play and can be played on any device that has a web browser. Through gaming, you can earn/win gala coins and NFTs in various ways. You can of course buy them too, and these assets will be yours (the game company cannot take them away from you) until you choose to trade them on the open market.
2. Invite People To Join – After you register a free account with Gala Games, you will be given a unique link that you can share with people. If they play the games or buy a node then you will receive a nice reward for introducing that person. The possibilities for this are huge, as it means you can invite game enthusiasts or crypto speculators alike and both will probably find this concept highly appealing. It also means you can potentially earn a good amount of Gala coins without spending a single cent yourself.
3. Own A Node – Node ownership is a crucial part of the infrastructure and node owners are currently receiving huge daily rewards in Gala coin and NFTs. There is more information about buying/holding a node below, but essentially new coins are released to node owners each day that can then be held in a wallet or exchanged for fiat currency on an exchange. NFTs are also randomly dropped to node owners, and these can have a very high value (thousands of dollars in some cases, depending on the NFT itself).
4. Buy Coins From An Exchange – Gala coins are currently very cheap and therefore hundreds or even thousands of coins can be purchased on an exchange for only a few dollars. The exchanges Gala coin can currently be traded on include Binance, Coinbase, Uniswap, Bitrue, Gate.io, Kucoin and many more.

Gala Node Ownership

(2024 Update: If you’ve heard about Gala Games nodes but feel like you missed the boat (because they now cost well over $100k each!) then you may be interested in our review of the best crypto nodes for passive income, with node projects starting from $500 per node.)

One way to generate significant rewards through Gala Games is to buy a node license. Because nodes are a critical part of the decentralization of their games, Gala Games have different types of nodes available each with a  different purpose. There are currently founders nodes, spider tanks nodes and townstar nodes available to buy for example, each with different rewards attached to them.

There is a cost for buying one of these licenses (see below) but the rewards can be significant, and can potentially result in node owners receiving hundreds of thousands of tokens. This reward is in exchange for helping the Gala Games network to grow and sustain itself, such as running the node to assist in the hosting of games. In addition to receiving Gala tokens, node owners also receive a range of other rewards, which are outlined below.

How it works

Nodes must be operated for at least 6 hours per day to qualify for the daily coin rewards. Downloading and installing the node software is very easy and it’s recommended to run the node 24 hours per day in order to make sure rewards aren’t missed. Nodes can be purchased through a free Gala Games account.

Nodes will eventually become NFTs that can be sold on sites like https://opensea.io/. The value of nodes once they become NFTs is impossible to predict and they could be worth more or less than the value a node license was purchased for. Until such time that nodes become NFT they cannot be sold, although there is a refund policy that’s valid for the first 7 days after purchase.

Rewards

There are many rewards provided to founders node owners, including;

• Daily Gala coins
• Random NFT drops
• Voting rights
• In-game coins (soon each game will have its own coin that will also be dropped to node owners)

What Are NFTs

NFT stands for “non-fungible token” and is a way to provide authenticity and potential value of digital assets such as art or gaming assets.

According to Wikipedia, NFTs….

“are used to create verifiable artificial scarcity in the digital domain, as well as digital ownership, and the possibility of asset interoperability across multiple platforms.” Source: https://en.wikipedia.org/wiki/Non-fungible_token

In the case of Gala Games, NFTs are important game assets that give a player a significant advantage in the game and are therefore very useful. As well as being scarce, they are also very valuable (hundreds of thousands of dollars in some cases). NFTs are released by Gala Games and can be purchased in the game store they can then be held and used by gamers, or sold on the open market.

Once an NFT has been earned or purchased it is wholly owned by the individual and the game developer has no recourse to remove or delete the item (it is no longer their property).

This is a significant element in the gaming world because it means ownership truly sits with the gamer, as well as potentially representing a significant re-distribution of wealth, with gamers being able to earn and control their own valuable gaming assets.

Roadmap

There are a number of exciting developments planned for Gala Games in the near future, including;

• The release of at least 28 new games
• Decentralization of game hosting to put node owners in control of hosting games for local gamers
• New coins for each game (these will be distributed to node owners)
• The introduction of “free” nodes (these will probably be to support game hosting once that becomes decentralized)
• Gala Music, Gala Film and Gala Theme Parks all been announced and coming soon.

Gala Gold

As a Gala Gold member, you pay a one-time fee (currently $50) and in return, you get access to an exclusive discord channel, early news and announcement (before it goes to the full community), early access to NFTs, free NFT’s from time to time. 

I am a Gala Gold member and if you’re serious about play-to-earn and want to get the most out of your Gala Games experience I’d say it’s worth the price.

Galaverse

Twice per year, Gala Games host an event for fans called Galaverse. This is way more than just a convention, it’s a fully immersive and exciting experience filled with gaming, role-playing, live music, game releases, announcements and more.

Here is a snippet of what happened in the 2021 Galverse in Las Vegas 

https://www.youtube.com/c/GalaGames

Risks & Limitations

There are many great things that can be highlighted in this Gala Games review, but there are also some limitations to keep in mind.

Creating an account is free, and playing the games is also free. However, owning the coins and/or a node does carry some risks and limitations that should be considered.

• Need to run a node on a VPS or dedicated PC although setup instructions are provided in our additional content.
• Nodes are not designed to be flipped/traded (although there is a refund policy). They can be sold when they become minted into NFT but there is no indication of when this will be or their value of them when it happens.
• NFTs can only be sold on certain platforms such as https://opensea.io/.
• Regulatory risk – regulators may have a significant impact on the cryptocurrency space and this could have a negative impact on Gala Games.
• Pay gas fees for the transfer of coins to your wallet.
• If buying multiple nodes you need multiple machines or VPS there are plenty of people who own more than one, but you can’t run them from one pc
• The price of nodes is going UP so the last few nodes will sell for tens of thousands of dollars

>> CLICK HERE TO OPEN A FREE GALA GAMES ACCOUNT!! <<

Frequently Asked Questions

What is Gala Games?

Gala Games is a blockchain gaming platform that uses its own cryptocurrency, the GALA token. This allows users to earn rewards for playing games and completing challenges. The goal of Gala Games is to create an environment where people can play games for fun and profit.

The platform has a variety of exciting features, such as gacha-style loot boxes that offer rare rewards for completing challenges and tasks. In addition, players can take part in tournaments to win prizes or join leaderboards to show off their skills against other players from around the world.

With the introduction of the GALA token, Gala Games provides gamers with a way to monetize their gaming activity. Players can buy in-game items, upgrade their characters, and even unlock new features. This means that users are incentivized to play more and progress in the game, resulting in a more enjoyable gaming experience for everyone.

Where Can I Learn More About Gala Games? 

You can learn more about the company on its website here. They also have an FAQ page here – https://gala.games/frequently-asked-questions-f-a-qs/ and a blog here – https://blog.gala.games

Is Gala Games A Scam? 

Gala Games are a game development company. Their games are free to play and the company is certainly not a scam. The company uses a cryptocurrency (Gala coin), which can be purchased and held or sold. Cryptocurrencies have been known to be highly volatile and therefore buying them is considered high risk.

Where can I buy Gala tokens (GALA)?

The Gala token is available on several cryptocurrency exchanges including Binance, Coinbase Exchange, Kucoin, Kraken and Uniswap.

What is play-to-earn gaming?

In a nutshell, play-to-earn gaming is a way for players to earn rewards by playing games on a blockchain-based gaming platform. These blockchain games allow players to use their skills to earn money in the form of cryptocurrency that can be cashed out into real-world money or converted into other crypto coins if desired. Blockchain technology combined with gaming is likely to be huge once adoption really starts to take off.

Is the Gala token a good investment?

Cryptocurrency is a hugely speculative market so we can’t provide you with investment advice regarding the Gala Games platform. We suggest doing your own research before you invest money in this blockchain gaming project.

We hope you enjoyed our review. Please leave a comment below with any questions or thoughts you may have about this company.

How To Make Money On Gala Games?

There are various ways to make money with Gala Games. They have a huge ecosystem and cover not just gaming but web3 entertainment including music and film too. Some people have made money simply by buying and holding the GALA token, whilst others have made money by buying assets such as nodes, which pay out daily rewards for helping to support the Gala ecosystem.

Perhaps the most popular way to make money with Gala Games though is simply to play their games. Each game is challenging and fun in it’s own way and all of them allow for NFTs to be purchased and used, which provides earning opportunities. Some games even pay rewards without even needing to own an NFT, so people can even make money for free!

Of course, with some of these ways, you can also lose money so be careful because profits are not guaranteed!

How To Connect Metamask To Gala Games?

Gala Games didn’t always connect to external wallets but they do now allow their users to connect to their game accounts with an external wallet such as metamask. Here is a useful guide on how to connect metamask to Gala Games. 

What Games Use GALA Token?

Most of the games within the Gala Games ecosystem use the GALA token as the in-game currency. Initially, each game was planned to have its own token (such as TOWN token for Townstar) but this was quickly proven to be unsustainable.

Gala therefore pivoted to have GALA as the token for most of their games. Although GALA token can in fact be used to buy NFTs and other assets for ALL games, some games will still have their own token too (such as Materium for Mirandus).

How Much Is A Gala Games Node?

There are different types of nodes available to buy from Gala Games, and each one has a separate role to play as well as a separate cost. Founders nodes have the most utility but also the highest cost at over $100k per node. Other nodes have more specific tasks such as Gala music nodes and Spider Tanks nodes and sell for between $1,000 and $10,000).

How To Invest In Gala Games?

There are various different ways to invest in Gala Games depending on how you want to support them and how you think different assets might perform.

Many people will simply buy and hold the GALA token as a way to potentially make money from Gala Games. Others prefer to earn by playing the games and therefore prefer to invest in some NFTs that they can have fun with and still potentially earn from.

Is Gala Games A Good Investment?

Great question! Each person will have a different perspective on this depending on many factors. I have tried to provide as much information as possible in this Gala Games review to help people to understand the very exciting things that they have going on and I am certainly excited for what this company will deliver over the next few years. Does this make it a good investment to buy and hold the GALA token? It’s impossible to say, unfortunately.

Do Gala Games Have A White Paper?

Currently no. Gala games have not provided white papers in the past, saying that things are always subject to change. However, they do plan on releasing more written material such as a tokenomics guide and some kind of road map in the future. I doubt they will ever provide a full white paper and most of their communication seems to come through discord.

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