How To Buy Gala (GALA)?

A common question you often see on social media from crypto beginners is “Where can I buy Gala?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process. Thanks to its massive popularity, you can now buy Gala on most cryptocurrency exchanges, including Coinbase and Binance in 3 simple steps.

Step 1: Create an account on an exchange that supports Gala (GALA)

First, you will need to open an account on a cryptocurrency exchange that supports Gala (GALA).
We recommend the following based on functionality, reputation, security, support and fees:

In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.

Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.

Step 2: Deposit funds into your account

Many cryptocurrency exchanges will allow you to purchase Gala (GALA) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.

Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.

Step 3: Buy Gala (GALA)

This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Gala (GALA) or Gala (GALA) trading pairs. Look for the section that will allow you to buy Gala (GALA), and enter the amount of the cryptocurrency that you want to spend for Gala (GALA) or the amount of fiat currency that you want to spend towards buying Gala (GALA). The exchange will then calculate the equivalent amount of Gala (GALA) based on the current market rate.

Note: Make sure to always double-check your transaction details, such as the amount of Gala (GALA) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.

For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out. 

Simplecryptoguide.com

What Is Gala (GALA)?

Gala Games aims to take the gaming industry in a different direction by giving players back control over their games. Gala Games mission is to make “blockchain games you’ll actually want to play.” The project wants to change the fact that players can spend hundreds of dollars on in-game assets, and countless hours spent playing the game, which could be taken away from them with the click of a button. It plans to reintroduce creative thinking into games by giving players control of the games and in-game assets with the help of blockchain technology.

Players can own non-fungible tokens (NFTs) and influence the governance of games within the Gala Games ecosystem. The Founder’s Nodes voting mechanism allows players to influence what games Gala should develop and what games should get funding. Besides buying NFTs for specific games, Gala Games also utilizes GALA – its own utility token. So far, Gala Games has released one playable game – Town Star and an NFT collectible series – VOX. It plans to release more games in the future, such as a fantasy RPG game, a sci-fi strategy game and a tower defense game.

Since launching in 2019, Gala Games has grown to 1.3 million monthly active users, and 26,000 NFTs have been sold, with the most expensive piece valued at $3 million.

Who Are the Founders of Gala Games?

Gala Games was founded by Eric Schiermeyer. He was the co-founder of Zynga, a popular social and mobile games company. Under Schiermeyer’s leadership, Zynga launched popular hits like Poker, Mafia Wars and Farmville. Schiermeyer, who has a reputation for working on the cutting edge of gaming, launched Gala Games in July 2019 to create a blockchain-based game network and give players more ownership of their games.

In total, the Gala Games team consists of 60 employees.

What Makes Gala Games Unique?

Gala Games is not a single game, but rather it offers an entire array of different blockchain games that places fun first and blockchain in the background. Town Star, it’s only currently playable game, is a town simulation that can be played in a browser. Players manage a town similar to the gameplay of SimCity, but in Town Star, they actually own the town.

VOX is Gala Games’ set of collectible NFT avatars. Each VOX is unique and some VOXs are rarer than others. In the initial drop, 8,888 VOX were distributed for an average price of 0.0888 ETH, or roughly $280 at the time of writing. Although inspired by Town Stars, VOX has other utility besides just being an NFT avatar. Holders can lock up GALA, and earn VOXcoin by playing with their VOX avatars in the future. VOX owners also get their own FBX file, which allows them to animate their avatars, or even 3D print them in the future.

Other games are in development as well. Fortified is a player-versus-player tower defense game set in a fantastical medieval world. Players will compete to build the best tower defense strategies.

Mirandus is a fantasy role playing game (RPG) set in a massive world ruled by five player-monarchs. Players will be able to own in-game assets and claim parts of the in-game landscape.

Echoes of Empire is a sci-fi strategy game set within a galaxy at war. Players will be able to own their own spaceships and control parts of the galaxy.

Spider Tank Project is a multiplayer online battle arena game allowing players to pick a “spider tank” to battle other players. The game is free-to-play but will contain in-game earning mechanisms. It is scheduled for release in Q4 2021.

A major component when it comes to developing these games is community feedback. Gala Games constantly engage and test assumptions with their community on Discord. This allows players to shape the direction and design of the games.

Users can run Gala Nodes, which supports the Gala network. In return, they receive rewards like GALA, limited edition NFTs and other opportunities. The Gala Node ecosystem consists of a triple-proof node system – proof-of-work (PoW), proof-of-stake (PoS) and proof-of-storage. PoW are called Founder Nodes, which are tier-1 nodes based on 50,000 fully-owned NFTs. These are early supporters of the network, and will receive NFTs from all subsequent games and GALA allocated to their node license. PoS are paid nodes that operate for specific games, through a smart contract “rental” structure. Proof-of-Storage are free nodes that will allow the games to be fully hosted on the node ecosystem, removing reliance on centralized hosting solutions like Amazon S3.

Gala development updates in 2023

In 2023, Gala Games (GALA) has seen several exciting developments and updates in its ecosystem:

• Partnership with Snoop Dogg: Gala Music, part of the Gala ecosystem, announced a collaboration with American rapper Snoop Dogg to launch his new album ‘Bacc on Death Row’ on its blockchain. This partnership aligns with the growing trend of celebrities engaging with digital art and NFTs.

• Ecosystem Expansion Funding: Gala has committed a substantial investment for the expansion of its ecosystem, allocating $5 billion to be distributed across various sectors, including gaming, music, movies, and theme park NFTs over the next 12 months.

• New Game Development: Gala Games has announced the development of new games like ‘Spider Tanks’ and ‘Legends Reborn’. ‘Spider Tanks’ is a free PVP Brawler game currently in its Beta development stage, while ‘Legends Reborn’ is a collectible card game set in a Tolkien-inspired world.

• GalaChain Development: Gala is in the late stages of developing GalaChain, its proprietary blockchain. The migration to GalaChain is a highly anticipated event within the Gala community, expected to significantly reduce network fees and address other issues related to Ethereum.

• Community Engagement: Gala’s mission of creating blockchain games that are genuinely enjoyable to play has fostered a strong, vocal community on social media. The community is optimistic about the future of GALA, the native token of the ecosystem.

• Market Performance: Gala has been one of the best-performing cryptocurrencies, witnessing significant price increases. This growth reflects the community’s enthusiasm and the potential of the Gala ecosystem in the play-to-earn gaming sector.

These developments indicate Gala’s commitment to expanding its presence in the blockchain gaming and NFT markets, leveraging partnerships, technological innovation, and community engagement​​​​​​.

Official website: https://app.gala.games/

Best cryptocurrency wallet for Gala (GALA)

There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.

HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for Gala (GALA)?

Deciding which type of wallet to use depends on a variety of factors, including:

• How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades. 
• What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
• Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
• How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
• What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.

For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.

If you’re going to be dealing in larger volumes of crypto, investing in cold storage might prove advantageous.
Most widespead examples of this being the Ledger Nano and the Trezor.

Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).

Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).