Top 6 Benefits of Investing In Play-To-Earn GALA Games

I have been very conversant with the new gaming; you may not have heard about play-to-earn games that help people make money while catching fun. Gala Games is a crypto-based online video game that enables people to earn in-game tokens converted to real-life money. Upon conversion, you can transfer your money to the bank or withdraw cash to pay your daily bills and expenses. 

As a result, recent years have seen an explosion in the play-to-earn gaming industry with the fusion of Blockchain and Metaverse. GALA Games is one such project that’s making waves for users globally.

What Is GALA Games About?

GALA Games is a blockchain-gaming play-to-earn platform that aims to give gamers an exciting and rewarding gaming experience and permit them to earn as they play. It’s been around for a while, and we want you to see why this might be an excellent place to have fun and earn.

Founders and Statistics of User

If you’ve played Mafia Wars or Poker or Farmville, that means you’re a Galatian, and this is why.

Eric Schiermeyer, Co-Founder of Zynga, a social and mobile game company, inspired the development of those games mentioned above. You can read more about play to earn games by visiting https://bltzr.gg/play-to-earn/

However,  in July 2019, he launched this play to earn to give users a more exciting experience in the Blockchain space, where they can have more control over what is created and make money having fun. 

Mind the words “play-to-earn.”

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. That’s quite impressive for a barely one year-plus-old project.

The Blockchain

It runs on the Ethereum network, which is one of the most viable Blockchain structures for developing utilities. Although, gas fees are a significant downside. With this in view, Polygon became a better option as a layer 2 platform on Ethereum other than the layer 1 structure. Click here to read about There are many great NFT games to play and invest in, but which ones are the best?

The Top 6 Benefits of Playing Gala Games

1. Ownership structure

Previous games have shown that players could spend lots of money to play games but nothing to show for it other than the excitement. With play-to-earn games like GALA, players use NFTs and other utilities in a decentralized network, giving them ownership as they are involved in the playing process. So as a player, you can decide to sell your NFTs after playing with them for a while and earn some cool cash. That’s the beauty of games and Defi put together.

2. Partnerships

Many partnerships are going on for the GALA play-to-earn game, but one of the best we’ve seen is with The New World. On Aug. 18, 2021, Gala Games announced its partnership with 888 The New World, a digital art marketplace built and run by artists. All of these are driven by a community-focused vision to allow artists and gamers to get rewarded for the work they do and enjoy.

3. Supply of the GALA token

The current circulation of GALA is 6.9 billion, with a max supply of 36 billion. 17.1 million GALA is targeted to be distributed daily between Jul. 21 2021 and Jul. 20 2022. And then, every Jul. 21, the daily distribution of the GALA cryptocurrency will be halved. 

(Several speculations show that one advantage of halving in the crypto space is reducing supply. If all things are equal, prices will go up, and that’s more profit for holders.) That means there will be a daily distribution of 8.5 million GALA from Jul. 21, 2022, to Jul. 20 2023… and it continues. Where to buy and sell GALA?

One of the signals to look out for when analyzing a crypto asset is the platforms where the asset is listed. Binance remains one of the most trusted exchanges. Other platforms include OKEx, Mandala Exchange, Huobi Global, and FTX. 

4. Variety and ease of Games

The gala play-to-earn game was designed to house many games with different experiences.

  • Town Star is a town simulation game where play to earn

The Growth of Axie Infinity in 2021

The Axie Infinity adds a lot of exciting features to the game’s free flow, making it much more valuable to both old and new players. This Ethereum-compatible game has become a significant source of income for video game players in many countries, including the Philippines, Brazil, and Venezuela. And more game players across the world are discovering new ways to earn more each day. 

The basic foundation of this game is the play-to-earn axie infinity model, which allows players to get rewards for accomplishing different tasks on the platform. The charges may involve completing questing, fighting and overcoming monsters, and other adventures. When a player is successful at any task, he earns an SLP, which is the reward for victory.

Then, the SLP can be gathered to be sold in the marketplace or converted to cryptocurrency. In other cases, it may be sold for real money because of its value in the market. When you hear of how DeFi and NFT marketplaces merge over an extraordinary hype of a new kind of cryptocurrency, we are in for a shocker. However, it was surprising to learn that the most popular crypto application that everyone has been talking about is actually a game.

The significant game-changer as far as the crypto gaming experience is concerned is the product of Sky Marvis – the Axie Infinity Game. Since the game has worked for over three years, more people subscribe to the now popular application that can pay you for playing video games. But first, how popular is the Axie Infinity game in the first place?

The Axie Infinity Growth

Presently, the Axie Infinity has over 300,000 DAU’s, a whopping 30x increase since the beginning of this year. Before then, it had had equally fantastic growth in the previous year as many discovered how much earning potential it had due to the COVID-19 lockdown. However, the change in the Discord of this platform is the absolute parabolic trend it follows, with the machine owning one of the most considerable Discord servers in the world. 

Meanwhile, while considering the level of revenue that the game has generated, you begin to see magnificent numbers. For instance, the monthly payment of the Axie Infinity for July surpassed $23 million. That is the amount of money that people earn from the game. 

Moreover, this amount shoots above the previous month of June by more than double the revenue members you have. It also brings it more into perspective when you consider that the revenue from the Infinity game in January was only above $100,000. Putting all these metrics together, one can easily see the tremendous growth of the game in leaps and bounds. 

At the same time, it shows that the Axie Infinity has been the most prominent and the leading crypto application in the gaming world. However, you wonder why so relatively few people are talking about the game.

What is responsible for the Axie Infinity Growth?

We explore the Axie Infinity game’s opportunity to all who are passionate video game players. The resultant effect is that the game has become a primary way to earn money from playing video games. Particularly, game lovers from developing countries such as Venezuela, the Philippines, Vietnam, and Brazil have unwrapped the mystery box in the game. 

Moreover, the newest model of playing game known as the play-to-earn has made Axie Infinity much more attractive to all and sundry. The game can be regarded as an innovator of some of the most recent business models about cryptocurrency. Also, the new play-to-earn model opens up the gaming economy for game players where the game providers and developers can have a great time. It directly benefits all the players who participate in the game.

Earning Potential of Axie Infinity

The current earning potential of Axie Infinity is enormous. For example, existing players on the Axei platform can earn between $30 and $50 in a single day of playing the game.  This reward is also in digital assets through game time. In addition, the users can also earn through other exciting method such as the Smooth Love Potions (SLP) and the selling of Axies. And the technique of making SLP comes when the …

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