Web3 Platform Gala Games Burns 21 Billion Tokens for Its Future

Web3 Platform Gala Games Burns 21 Billion Tokens for Its Future

Play-To-Earn Games News, P2E Games News | 11 Apr 2024 06:10 UTC

Gala Games says that it will burn its 21 billion Gala coins to avoid having to sell off old tokens in the future. Also, the community wanted to cut down on the number of tokens available and was worried about dump and exit situations. Also, it was thought that GALA and Gala Games might lose a lot of value after the v2 ticket was released. The value of the burned tokens was thought to be $637 million.

There were a lot of problems around the reliable Web3 game platform. It had too much of its own currency, called $GALA. So, the people of Gala were worried that the team would finally sell their holdings to make room. This mess with tokens was one reason why the price of tokens dropped by 96% in 2022.

Gala Games answered by putting out a paper called "2023 Vision Paper." The team said in the paper that they would burn two billion $GALA tokens over the course of a year. The network also wasted an extra $GALA 3,961,582,987. It's the same as all of the tokens Gala Games has made since it opened in 2019. But this didn't just make people feel better in the neighborhood. It also made its node community stronger and helped its mobile growth.

Burning Tokens Increase the Price

Supply and demand, which are economic factors, have a big effect on the price of goods, which can also be coins.

Cryptocurrency projects say that the total number of token currencies could affect the value of newly added coins. This uses up a lot of cryptocurrency, which makes the tokens worth more in the long run.

Using the rules of supply and demand, the best way to make a positive run is to reduce the number of token coins on the cryptocurrency market. Even though there aren't many token coins in circulation, their value will go up as long as people want them.

Gala Games Releases an Official Statement

After the V2 token airdrop is over, Gala Games wants its business to grow and be more stable. From the data on the blockchain, it looks like the Web3 game company burned another 15 billion tokens. Around 21 billion coins have been burned up so far.

The news was shared on Twitter by Gala Games. "The $GALA contract upgrade is the beginning of a new era for @GoGalaGames," it said on its official Twitter account on May 16. We're keeping our promise to the people in our area, and lighting".

V1 Instances Will No Longer Operational

The people who already own GALA will get this updated version of the ticket in a 1:1 ratio. GALA v2 was officially put on the market on May 15. This means that the v1 instance won't be able to be used once the v2 instances are done.

Jason Brink, the CEO of the company, said on May 17 that GALA v2 was sent to more than 160,000 different wallets when the project, which involved improving smart contracts, was done. Or, to make sure that fresh pieces are delivered. Coinbase wasn't able to explain why it was making this change.

Brink said, "At a basic level, we think the environment will be able to last for a long time. We also need to be able to live off the benefits we get from the ecosystem. We can't just have a huge pile of GALA that we can use whenever we want.

Gala Games will get all of its money for the future from the daily environment awards. It looks like the best way to help those who have it. The people in charge of Gala will do well if gamers like the games and use the site.

Gala will also save 2 billion $GALA tokens for future use. The site keeps money in a doxxed wallet, which helps the community feel good about how the money is being distributed. The tokens will do what they're supposed to do, which is to help the Gala community grow and pay out prizes.

About Gala Games

Gala Games is a blockchain-based platform for games that lets players earn virtual things by doing well in-game. Gala Games fixes a big problem that other video game players have had: they couldn't claim ownership of things they had won in the game.

On the Gala Games app, you can play real-time strategy games (RTS), multiplayer online battle arenas (MOBA), role-playing games (RPG), and other web3 games. Even though each type has a very different way of playing, all of these games give players non-fungible tokens (NFTs) and the GALA cryptocurrency as rewards.

Townstar and Spider Tanks are two well-known games on the app. NFT technology is used in both games to make player engagement better.

The Ethereum blockchain is what makes Gala Games work. For participants to be able to send and sell their tokens for less gas, the platform also worked with the Polygon network and linked to BNB Chain with the p.Network Bridge dApp.

Web3 Platform Gala Games Burns 21 Billion Tokens for Its Future
Web3 Platform Gala Games Burns 21 Billion Tokens for Its Future

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Angelic Awaits: Dive into Sci-Fi Tactical NFT Gaming - Review

Angelic Awaits: Dive into Sci-Fi Tactical NFT Gaming - Review

Introduction to Angelic: A Tactical Sci-Fi Adventure in the NFT Realm. Let's talk about Angelic - a game that's not just a game but a journey into a sci-fi universe where strategy, storytelling, and blockchain technology come together in a beautifully chaotic symphony. Picture this: a galactic setting filled with unique heroes, each brimming with their own stories, battling it out in turn-based tactical fights. It's like stepping into a sci-fi novel where you're the lead character, and every decision you make shapes the narrative. Angelic Gameplay: A Blend of Strategy, Customization, and Blockchain:The Thrill of Building Your Universe. One of the coolest aspects of Angelic is how it hands you the reins to shape the game's universe. Remember when we used to play with action figures as kids, creating stories and worlds? Angelic taps into that childhood joy but takes it several notches higher. You're not just playing in a world; you're actively building it. From designing heroes and ships to crafting cosmetic items, you're the architect of your journey. And here's the kicker: these items are NFTs, which means they carry real-world value. It's like those drawings you sold in third grade, but now they're part of an epic universe! Building Relationships and Teams: Angelic isn't just about battles and strategy; it's about relationships. The characters you collect aren't just pawns on a chessboard; they're allies with their own stories, strengths, and weaknesses. Winning their trust, understanding their backgrounds, and building a team that respects and supports each other is key. This aspect reminds me of my first job, where building a strong team was crucial for success. Angelic captures that essence beautifully, making you realize the power of camaraderie and trust. The Open World Challenge: If you're someone who loves a challenge, Angelic's ruthless open world will be right up your alley. It's not just about having the skills; it's about strategizing, forming alliances, and sometimes making tough choices. It's like navigating through life's challenges, where every decision shapes your path. Angelic Gameplay Basics: Mastering the Game Balancing Battle and Strategy Angelic skillfully balances turn-based battles with strategic planning. Half your time is spent in adrenaline-pumping combat, leading your team in tactical missions. The other half? You're aboard your unique starship, bonding with your crew, strategizing, and upgrading skills and gear. It's like being a part-time warrior, part-time diplomat - a combination that keeps the gameplay fresh and engaging. The Importance of Decision-Making In Angelic, your choices matter. Forming alliances, making decisions that affect your crew's morale, and dealing with the consequences are all part of the game. It's a constant balancing act, reminiscent of those times in life when we have to make tough choices, not knowing how they'll pan out. Managing Your Team Your companions in Angelic are more than just team members; they're characters with their own stories, agendas, and emotions. Managing them, understanding their motivations, and ensuring their loyalty adds a layer of complexity to the game. It's like being a leader in real life, where understanding and empathy are as important as strategy. The Osiris: Your Starship and Home The Osiris, your command center in the game, is more than just a spaceship. It's a character in its own right, with mysterious abilities and potential for customization. Guiding the Osiris through the game's universe is akin to navigating through life's journey, discovering and unlocking potential as you go. You: The Neo-Human Archangel Finally, there's you, the protagonist of this saga. Once a human pilot, now a neo-human with untapped potential and destiny to become an archangel. Your journey in Angelic is a metaphor for personal growth and discovery, a reminder that we all have hidden strengths waiting to be uncovered. Conclusion: The Ever-Evolving World of Angelic Angelic is not just a game; it's an experience. It's a journey through a sci-fi world filled with strategy, relationships, and self-discovery. With its blend of tactical gameplay, rich storytelling, and blockchain technology, Angelic offers a unique adventure that's both thrilling and thought-provoking. So, are you ready to take the plunge and become the next archangel in the Angelic universe? The adventure awaits!

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Deadrop: Free To Play NFT Shooter - Game Review

Deadrop: Free To Play NFT Shooter - Game Review

"Deaddrop" is a newly released free-to-play AAA vertical extraction shooter (VES) that incorporates non-fungible tokens (NFTs) to elevate the online multiplayer gaming experience. Developed by Midnight Society, a game studio founded by the well-known YouTuber and content creator Dr. Disrespect (Herschel "Guy" Beahm IV), the game has garnered rapid popularity due to its unique take on the battle royale genre. Released on July 30, 2022, "Deaddrop" offers fast-paced, competitive gameplay reminiscent of titles like Call of Duty, making it suitable for players of all skill levels. One notable addition to Midnight Society's offerings is the "Founders Pass," which includes unique NFTs that grant access to special in-game content. These NFTs serve as a token of appreciation from game developers to loyal players, providing them with a sense of ownership within the game. The gameplay in "Deaddrop" not only delivers excitement but also boasts impressive graphics and intense gameplay mechanics. Its distinct vertical extraction shooter concept sets it apart from conventional battle royale games, offering players a fresh and thrilling gaming experience. The game's storyline is set in a future world ravaged by climate wars, where city-states have emerged as dominant governing entities. These city-states rely on towering Refiner States to extract toxins from the atmosphere, and they sustain themselves by trading a valuable substance known as "Space Dust." Gangs and factions battle for control of these Refiner States, each vying for authority over the resources and tools within these towering structures. Players have the option to align with either the Skins and Syns or the Cleaners in this power struggle, adding depth to the game's narrative. Moreover, "Deaddrop" introduces NFTs and Trading Access Passes, offering early adopters and dedicated community members exclusive access to these limited NFT passes. The NFT technology is designed to be user-friendly, with affordable base prices. Owning an access pass grants players Variant-only benefits, elevating their status within the Midnight Society community and across the studio's games. Additionally, access pass holders can choose to trade or sell their passes in open NFT marketplaces after a 30-day holding period. In summary, "Deaddrop" is an innovative addition to the gaming world, blending competitive gameplay with NFTs to provide a unique and engaging experience. Created by Dr. Disrespect Beahm and the talented Midnight Society team, the game has garnered positive feedback from the gaming community. Whether you are a seasoned gamer or new to the world of NFTs, "Deaddrop" promises something for everyone, with its high-quality gameplay and multiplayer features making it a must-try for fans of action-packed, competitive games.

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One World Nation - Game Review

One World Nation - Game Review

One World Nation (OWN) is a Cryptoverse platform featuring a variety of fantasy, casual, and hyper-casual games for players to enjoy. With immersive gameplay and the opportunity to earn cryptocurrency, OWN is the perfect destination for fans of all types of games. One World Nation, OWN, features 12 warrior clans, each representing a different cryptocurrency (BTC, ETH, SOL, etc.). These clans are made up of warrior NFTs called Cryptonites, which players can use in various games to win rewards and earn real money. One World Nation Review: The main game on the platform is Crypto Fantasy, a unique crossover between Football Fantasy and the crypto markets. In this game, players aim to create a winning team of 5 Cryptonites that will earn the most points over a specified period of time. Points are awarded to each Cryptonite based on the performance of the underlying crypto in the real world. One World Nation also offers daily rewards of 3500 USDC across 3 games, as well as a new Prediction game where players can earn rewards by predicting market behavior. With so much to do and discover, One World Nation is a must-play destination for anyone interested in cryptocurrency and gaming.

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Imperium: Galactic War - Sci-Fi MMORTS Adventure - Game Review

Imperium: Galactic War - Sci-Fi MMORTS Adventure - Game Review

Galactic War by Vavel Games is an exciting sci-fi strategy game where players can fight in epic space battles and build powerful empires. With Imperium: Galactic War, a high-quality MMORTS game with three different factions and exciting battles, you can take part in the ultimate test of strategy. Experience strategic action that never stops and is exciting at every turn. Imperium stands out because you can play it in your browser. This means you don't have to download anything else to play the game. With its well-designed gameplay and fun sci-fi twist, Imperium is a complete strategy game. The game does have a learning curve, but it also has a detailed tutorial to help players learn how to play. After being away for so long, the game looks good. In the war-torn Maelstrom Galaxy, where Imperium Galactic War takes place, it is a masterpiece of strategy. The Intergalactic Alliance, the Sovereignty, and the Tyrannar Empire all want to be the strongest, but the Imperium is always watching. Imperium stands out because each of its factions is different. The peaceful Intergalactic Alliance is made up of Terrans and Oberans. The other factions, which are driven by profit and conquest, are made up of interesting races like the mysterious Sototh, whose face tentacles are mesmerizing. The way the story is told in the lore is rich and interesting.

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Scratch Lords - Game Review

Scratch Lords - Game Review

Scratch Lords is a play-to-earn game developed by Notre Games and Animoca Brands. It is the first Triple F game (Fight for Funds) and offers players the opportunity to earn rewards as they play. In the game, players can collect and train a team of fighters and battle against other players to earn rewards and climb the leaderboard. In Scratch Lords, players have the opportunity to collect NFT characters that are tradable in the designated marketplace. The game was developed by Notre Games and was acquired by Animoca Brands in June 2022 due to the innovative idea of a physical-virtual hybrid game model. With a unique combination of physical and virtual gameplay, Scratch Lords offers a unique gaming experience for players. Scratch Lords Gameplay: Scratch Lords is a visually appealing game that features 3D graphics and unique NFT characters. The gameplay combines physical "scratchable" paper cards with a virtual hybrid mode, similar to the Scratch Wars model. Players can participate in PvP battles with their unique NFT card heroes and have the opportunity to create their own NFTs from trading cards by scratching them. These cards can then be traded in the marketplace where Scratch Lords is supported. The card heroes can also be upgraded with equipment, weapons, and skills, allowing players to create powerful teams and fight for glory. Tokenomics Scratch Lords Game: NFTs in the game can be traded on the game's designated marketplace. The game token is scheduled to be released in Q3 2022, along with the first and second NFT drops. The Roadmap for the game indicates that the mobile version will be released in Q3 2022 and the PC version will be released in Q2 2023.

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Zeal  - Game Review

Zeal - Game Review

Zeal is a third-person action role-playing game that is currently in the development phase and has not yet been given a launch date. It is also built on the blockchain technology. As the game is still in development and testing, not much information has been released about it. However, it is known that the game will be competitive and have a high-quality, AAA feel, which sets it apart from other cryptocurrency games currently available. Here’s what we know about Zeal so far: Zeal is a third-person action role-playing game that focuses on character customization and competitive gameplay. Players can expect an immersive online gaming experience with dynamic gameplay. Fast-moving and competitive: In Zeal, third-person player versus player gameplay is fast-paced, requiring quick decision-making and strategy. Even small choices can impact the outcome of an encounter, making it crucial for players to stay on their toes and think on their feet. Fully customizable builds and classes: One of the unique features of Zeal is that it does not have a limited set of pre-defined characters. Instead, the game allows players to create their own identity through customizable base classes, offering a wide range of possibilities for players to explore and differentiate themselves from the community. In addition to customizing their appearance, players can also choose their abilities, manage their stats, and select their preferred master abilities, giving them a high level of control over their in-game character and playstyle. This level of customization not only makes the game more enjoyable, but also helps to make it stand out in the crowded field of action role-playing games.

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Axiepop - NFT Game Review

Axiepop - NFT Game Review

Axiepop is a play-to-win game that is set within the universe of Axie Infinity, a popular blockchain game featuring collectible creatures called Axies. In Axiepop, players must match groups of three or more Axies of the same color in order to "pop" them and earn points. This puzzle game is similar to Candy Crush in that players must use strategy and skill to clear their board by matching and popping the Axies. The player with the highest score at the end of the game is declared the winner and can earn rewards for their performance. The goal of Axiepop is to get the highest score possible by popping as many Axies as you can in a limited amount of time. To play, you must match Axies of the same color in rows of three or more to make them pop and earn points. There are various power-ups and special abilities available to help you along the way. As you progress through the game, the puzzles will become more challenging and require more strategy to complete. The player with the highest score at the end of the game is the winner. Axiepop is a fast-paced and fun puzzle game that is sure to keep you entertained for hours on end. Axiepop is a puzzle-based game that utilizes Axies, the popular NFTs from Axie Infinity, as the main gameplay elements. Players must match Axies in rows of three in order to pop them and earn points. The game is similar to Candy Crush in its mechanics, with a timer ticking down as players try to clear their board of Axies. Axiepop is expected to be released to the general public in the near future, and it is currently unclear whether it will be a single player or multiplayer experience. However, the website mentions beating an opponent, which suggests that it may be a player versus player (PVP) mode. The player with the highest score at the end of the game will win rewards. Axiepop Overview: The game uses Ethereum blockchain, so you can expect flexibility in terms of what you can do with your rewards. However, the games earning mechanism has not yet been mentioned. A PvP match win would be certain and there might be a chance that the game may have a leaderboard for weekly and monthly rewards. Since the game will be available on both PC and Mobile, players will have the chance to earn on the go. The game at the very least would be a great time pass for when you are commuting or have that extra few minutes during your lunch break. There is no clarity of when the game will actually become available to play. However, with the Axie community being so active, it wouldn’t be that difficult to know when it does. The game promises to be a great alternative to candy crush. It is unlike other puzzle games as this would earn you something.

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Valhalla: Rise in Floki's P2E NFT Arena - Review

Valhalla: Rise in Floki's P2E NFT Arena - Review

Have you ever dreamed of stepping into a world where every battle you fight and every treasure you discover not only adds to your glory but also to your real-world wealth? Well, welcome to Valhalla, the play-to-earn NFT gaming metaverse that's about to change the way you think about gaming. Welcome to Floki Island: Your New Home: Picture this: You've just come of age in a vibrant Viking world, ready to carve out your legacy. Your journey begins on Floki Island, a bustling starting point for all players, complete with friendly NPCs and essential buildings to explore. But it's not just about the civilization; the island is teeming with wildlife and lush gardens, setting the stage for countless adventures. It's like stepping into your own Viking saga, but with a twist—every victory and discovery has real value. The Power of Genesis NFTs: Now, let's talk about the real game-changer: Genesis NFTs. Imagine holding a digital token that's not just a piece of art but a key to exclusive benefits within this expansive universe. We're talking about early access to games, special discounts, and even presales. These aren't just any NFTs; they come in rare varieties like Ruby and Diamond, each with its own set of perks and potential hidden traits that could give you an edge in this digital realm. A Personal Anecdote: Let me share a little story. A friend of mine, let's call her Saga, was an early adopter of Genesis NFTs. She snagged a Ruby NFT, and the doors it opened for her were incredible. Not only did she get early access to new areas, but she also received discounts that made her the envy of many players. It was like having a VIP pass to the coolest club in town. What to Expect in Valhalla Valhalla is more than just a game; it's a whole new economy. With the $FLOKI token fueling the metaverse, every battle you win and every item you craft can turn into real earnings. And with special traits like the "Long Ship" or the "Capitalistic Trait," your strategic choices can lead to significant advantages, both in-game and financially. The Thrill of PvP And for those who thrive on competition, the PvP arena is where legends are born. Imagine facing off against a friend in a battle where strategy and skill determine the victor. It's not just about bragging rights; it's about proving your worth in a world where every victory can be a step towards real rewards. How to Start Your Valhalla Adventure Ready to embark on this journey? Here's how to dive in: Set Up Your Gear: First things first, get yourself the Metamask browser extension. It's like your digital wallet for this journey. Join the Network: Add the Goerli Network to your wallet. It's your gateway to the Valhalla testnet. Claim Your Test Tokens: Head over to a faucet to get some test tokens. Consider this your starter pack. Enter the Realm: Make the switch to the Optimism Goerli Testnet in Metamask, and you're ready to hit "PLAY NOW." A Quick Tip A personal tip from my early days: start with a test wallet. It's like your practice sword before you wield the real thing. It gives you the freedom to experiment and learn the ropes without risking your treasures. The Future is Here Valhalla isn't just a game; it's the frontier of a new world where gaming meets real-world value. Whether you're battling fierce creatures or trading in the marketplace, every action you take enriches your virtual—and potentially your real—life. So, are you ready to join the ranks of Viking legends and carve out your destiny in the metaverse? Valhalla awaits, and the saga of your glory is yet to be written. Let the adventure begin! Valhalla: Floki's Play-to-Earn NFT Metaverse should be categorized within the following genres, blockchain, and categories: Genre: MMORPG (Massively Multiplayer Online Role-Playing Game): Valhalla offers a vast, open-world experience where players can explore, engage in battles, complete quests, and interact with other players in real-time, characteristic of MMORPGs. Strategy: Given the strategic elements involved in battles, resource management, and in-game economic decisions, Valhalla also fits within the strategy game genre. Blockchain: Ethereum: Valhalla utilizes NFTs and the $FLOKI token, which are often based on the Ethereum blockchain, known for its wide adoption in the NFT and decentralized application (dApp) spaces. The use of the Optimism Goerli Testnet for testing suggests integration with Ethereum's Layer 2 solutions for scalability and lower transaction costs. Category: Play-to-Earn (P2E): Valhalla is designed around the play-to-earn model, where players can earn real-world value in the form of $FLOKI tokens and NFTs through gameplay, making it part of the growing P2E category in the blockchain gaming space. NFT Gaming: With its use of Non-Fungible Tokens (NFTs) to represent in-game assets that players can own, trade, and sell, Valhalla falls under the NFT gaming category. Metaverse: Valhalla is more than just a game; it's a comprehensive digital universe with its own economy, ecosystems, and social spaces, fitting the definition of a metaverse game. Placing Valhalla in these genres, on the Ethereum blockchain, and within these categories ensures a clear understanding of its gameplay mechanics, economic model, and the technological framework it operates within, making it easier for potential players and investors to grasp its concept and offerings.

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Chronos: Dawn of Time - Game Review

Chronos: Dawn of Time - Game Review

Chronos, a 2D action RPG set in a post-apocalyptic world, requires battling fierce enemies and building an empire while exploring the dawn of time in an NFT-based economy. Chronos is a multiplayer, side-scrolling RPG set in a post-apocalyptic world where players interact in a social hub, venture through portals for matches, and engage in various game modes like team PvP, survival arena PvE, and mixed PvE/PvP battles. By playing matches, they earn crafting resources and Dark Aether tokens, but their characters have limited energy that refills gradually. To enhance their characters, players can spend crystals on stat upgrades and skill points for special abilities. Equipping weapons and armor is vital, with NFT items offering durability. Travelers, the NFT avatars, come with stat boosts. Players can explore dungeons, craft NFTs, and use in-game currency for Ethereum rewards. The project, still in early stages, promises a fun and engaging old-school 2D RPG experience. Chronos stands out with no crypto token, but NFTs are integral, and the gameplay draws inspiration from classic games, challenging players to survive obstacles and defeat monsters using a variety of weapons and crafted items. The heart of the game lies in these digital avatars known as Travelers. Arriving on Earth with unknown origins, they strive to survive and unravel the surrounding mysteries. Travelers encompass diverse forms, such as humanoids, cyborgs, and magic wielders, each possessing unique characteristics and skillsets for crafting, upgrades, and dungeon adventures.

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Play To Earn Games: Best Blockchain Game List For NFTs and Crypto

Play-to-Earn Game List
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