Gala Games is a platform that builds a range of blockchain-powered games, each of which provides players with true ownership of their in-game items through the use of NFTs
$GALA has been developed by a team of 90+ and has more than 1.3 million active users. The CEO, Eric Schiermeyer, is also one of the co-founders of Zynga, a massively popular social game developer.
Gala Games is here to fundamentally redefine both the gaming and blockchain spaces
The first game released, Town Star, is a deep farming simulation in which user builds a farm to compete in weekly competitions. NFTs can be used in the game to provide bonuses but are not required to play.
They aim to have 10 games "live" by EOY
Screenshot of Town Star⬇️
Currently they have-
-Mirandus: A fantasy RPG adventure where players battle monsters in various locations & build their land to earn $.
-Spider Tank: a multiplayer online battle arena game that allows players to duke it out using their spider tanks and various armaments.
Fortified: A PvP tower defense game that sees players put their strategies to test using a variety of player-owned assets.
Echoes of Empire: An epic sci-fi strategy game that sees players wage war over the scarce resources scattered throughout the universe.
So what is $GALA the coin?
It is its own native utility token. It is the main digital asset within the Gala ecosystem for purchasing items, peer-to-peer payments, rewarding nodes, etc.
A total of 17,123,286 GALA are distributed each day — half of which go to the founder's node operators, while the other half goes to the Gala Games conservatorship.
$GALA does have a halving cycle in its emission schedule. The emission is halved each year on July 21. The next halving is scheduled for July 21, 2022, which will see the emission rate drop to 8,561,643 GALA per day.
Built on the block chain, multiple games in the pipeline, built in store for NFTs for easy source of liquidity, a team that has done this before & community powered nodes.
Right now a $GALA node costs $36,500
To purchase the license to run the node you must pay for that in $GALA - which is about 85,268 right now
There will only be 50,000 Founders nodes - right now there have been 38,373 nodes sold.
The main benefit of having a "Founders Nodes" is that say they have 100 games live on the network - you will get each games currency dropped to you daily
Now I receive $GALA & $Town coin
Setting up the node is the easiest right behind a $STRONG node.
Overview of @WithoutTheRope weekly AMA in the $STRONG Telegram ⬇️⬇️⬇️
Intro by @WithoutTheRope: Also, to start, we just received the ETH 2.0 pool Smart Contract audits yesterday. One was their second report on remediation, the other was their first report. We are taking the time to make any remediation's called out in the audits. (1/3)
That will be a few days. It’s a drop in the bucket. We need to make sure these contracts are ready to go.
It seems like everything is going a bit slower than normal - supply chain, audits, etc. Lots of people wanting the same thing at the same time. It is what it is. (2/3)
Overview of @WithoutTheRope weekly AMA in the $STRONG Telegram ⬇️⬇️⬇️
$STRONG Q: Fractional node ownership- couldn't this be done through an update in the app where people contributing to a node would just have their associated addresses and # of STRONG contributed logged by the app? Then they would get that % of rewards based on their contribution
$STRONG A: @WithoutTheRope Simple. Easy to participate. Interesting approach, and something we’re considering. We haven’t yet applied that approach to nodes, but it’s essentially a pool. That’s what we’re doing with the ETH 2.0 pool, except with staking: you stake STRONG (1/x)
A thread on the @coinbase Card - using the card on everyday items, ATMs that accept it, Fees, etc. 🧵⬇️
So far I have had 0 issues - whether that has been using it online or a local store (food, clothes, travel & even ammo)
Daily spend limit is $2.5k with no fees so long as there is $USDC in your account - using any other crypto has a 2.49% transaction fee on all purchases
Overview of @WithoutTheRope weekly AMA in the $STRONG Telegram ⬇️⬇️⬇️
$STRONG Q: In the Service 2 contract you said it will have rerouting without claiming, but will there be a function to auto make nodes at every 10 strong earned?
$STRONG A: @WithoutTheRope The claim routing feature will work just like the current “claim to StrongPool or your wallet” feature. It will allow you to simply stake into other pools (like the $ETH 2.0 pool), but there will be more pools to choose from. (1/2)
Overview of @WithoutTheRope weekly AMA in the $STRONG Telegram ⬇️⬇️⬇️
$STRONG Q: Can you give us an idea on where the data centers are located?
$STRONG A: @WithoutTheRope Currently we have multiple data centers in multiple countries. The primary data centers are in Singapore. We are in the process of expanding that, for running nodes and validators. We use a combination of 3 different (1/2)