Recently, the chain game platform Gala Games ushered in rapid growth, with the platform’s monthly active life reaching 1.3 million people. At the same time, thanks to the upsurge of Metaverse and GameFi, its tokens have also triggered a certain Fomo effect after they have successively landed on Binance and Coinbase.
But whether it is the liquidity and popularity blessing brought about by the above effect, or the hype of capital with the help of concepts such as meta universe, from another perspective, it reflects the development potential of the Gala platform itself which is optimistic by the market. Next, Rhythm BlockBeats will introduce this project in detail from Gala Games’ nodes, game ecology, token economy and team, etc., for your reference.
Gala Games was established in 2018, aiming to become a decentralized game ecosystem, being the “Steam” in the field of chain games, providing users with blockchain games they really want to play, and then bringing traditional game users into the chain You, the world of the meta universe.
On the Gala platform, players are given control of the assets in the game, allowing them to trade the items they obtain from the game on the blockchain. Players will not only be able to experience the fun of the game, but also control their game assets, and at the same time can earn money with their game skills in GameFi.
In addition, Gala has the dual identities of a game developer and a game aggregation platform. In addition to the games developed by the team itself, other game manufacturers can also launch games on the Gala platform after being approved by the node.
Therefore, Gala has introduced a node ecosystem, and users can run nodes by purchasing node licenses to participate in the decentralized governance of the platform and obtain GALA tokens and NFT rewards.
In the future, Gala will also generate standardized encryption toolkits, NFT libraries, wallets, etc., so that other game manufacturers can integrate them into the game and enter the Gala platform ecology.
Gala Games uses blockchain technology to achieve the goal of returning game rights to players. The game itself runs off-chain to ensure the smoothness of the player’s experience, and game props that play different functions in the game will be cast into NFT on the chain according to demand, and the NFT props on the chain can exist independently of the game and outside the game Trading.
However, Gala’s NFT game items and platform token GALA are all based on the Ethereum network, and the security of the asset itself is protected by the Ethereum network. The platform network, such as transaction data in the game, is maintained and secured by Gala’s own network nodes.
Therefore, players can purchase platform nodes to provide decentralized computing power support, transaction verification, and storage services for the game ecosystem. While participating in the Gala ecological construction and platform governance, players will receive GALA tokens and random game NFT rewards.
Although there are certain differences in the underlying technical logic and operation mode, the simplest understanding of Gala network nodes is somewhat similar to Axie Infinity’s side chain Ronin. Under the premise that the Ethereum main network provides asset security and sufficient traffic and liquidity, Ensure the smoothness of user experience in a decentralized environment.
Gala is designed by the community and players to maintain the node network, sinking more rights and obligations to the core users of the game. Not only can it further promote the development of the platform’s decentralized mechanism and distribute more revenue to players to increase user stickiness, the platform will also be able to reduce the cost of network operation and maintenance to a certain extent.
At present, the Gala ecosystem runs more than 16,000 nodes, which are divided into the following three types:
1) Founder node: After users purchase a node license in the platform, they can use a computer/VPS to run the founder node without staking any tokens. Purchasing a node is similar to running a mining machine. After purchasing a node, you can get official rewards if you run it for more than 6 hours a day.
The total limit of founder nodes in the entire network is 50,000. Node licenses can be purchased using ETH, GALA, BAT and a variety of mainstream cryptocurrencies. The price increases with the number of licenses sold, and the price is for every 100 licenses sold. With a $100 increase, the price of the last 100 licenses will be $33,000.
2) Paying nodes: applicable to specific games, nodes can be leased based on smart contracts, the renter can get GALA tokens and NFT rewards produced by the nodes, and the rent is collected through smart contracts.
3) Free nodes: used for proof of work and storage, which can be started by anyone who wants to support the ecology. Most of the node rewards obtained will be used to support the Gala network.
However, it should be noted that the official said that considering that the long-term stability of the network depends on the full-time online of the nodes, and the “paid” and “free” models cannot meet the goals or minimum requirements of network operation, it has recently announced a roadmap from the ecosystem. Removed the “paid” and “free” nodes .
For rewards, the daily system will allocate GALA tokens according to the proportion of each node’s “points” to the entire network. As long as you run the Gala node, you can get points. In addition, points can also be obtained through nodes that provide computing power and storage for the network.
The specific reward method complies with the following 3 consensus mechanisms:
1) Proof of equity / proof of availability: stable operation of the node can get 1 point;
2) Proof of workload: Nodes support the Gala network by providing hash power. The number of points that can be obtained per unit of computing power is determined by a decentralized algorithm, which will reward points based on the resources most needed by the network, such as in the network When the required calculation requirements are too large, the hash power can be provided to obtain higher points;
3) Storage proof: The long-term goal of the Gala ecosystem is to exist completely in a decentralized form, hosting all games on decentralized storage. Nodes can provide storage support for the ecology, and the number of points they can obtain depends on factors such as storage location, speed, and reliability, and is determined by a decentralized algorithm.
When users play games on the Gala Games platform, they need to register a Gala platform account with their email address before they can play games on the platform.
Gala currently has 5 games online. In addition to the official self-developed Town Star, which has been well received by players, it also includes PVP battle game Spider Tanks from other studios, tower defense game Fortified, strategy game Echoes of Empire, and the same The official self-developed RPG game Mirandus.
In general, although the number of online games is not large, they are rich in types, covering multiple popular game categories, and the quality is far better than some other chain games in the same period in terms of screen effects.
Town Star is the first chain game released by Gala. This is a farm management simulation game. Players can grow crops, collect resources, and build factories on their own land to continuously improve their economic level, thereby establishing a dynamic economic system that is highly playable. Moreover, this game is completely free, no need to purchase digital assets like Axie, which is very convenient.
However, the game difficulty of Town Star is also higher. The initial game will give players more than 20,000 funds and 40 barrels of gasoline. However, if a self-sufficient oil production system cannot be quickly established, once the gasoline is exhausted, goods cannot be sold or the economic system cannot make ends meet and cannot pay workers’ wages, the game will gradually Fall into a dead end.
Therefore, when it is necessary to break through the economic deadlock of the game, it is recommended that players start to build a fuel system when there are 13-15 units in the gasoline inventory, and keep the game with 2 to 3 processing plants (Wind Mill ), 2~4 water holes, 5~7 sugarcane fields, 3~5 woods, 5 farmers, and 1 woodcutter.
In addition, it should be noted that other infrastructure must be built before the refinery is built, because the workers in the refinery have the highest wages. If other raw materials are not prepared, production will not be possible and wages will also be wasted.
Currently, Town Star also launched the Play to Earn mechanism on October 5th, launching a brand new gameplay. Players can earn a corresponding amount of TownCoin according to the rarity of the NFT items used in the game, and all node players will receive an average daily distribution of TownCoin under the premise that their nodes meet the daily requirements.
TownCoin is a token created by Gala Games, which is positioned as a reward token for players in Town Star to use NFT.
As more players join Play to Earn, the more NFTs are sold in the store. This will form a cycle of incentives and rewards. Players will also choose to put their rewards into items that can generate more rewards. middle.
Town Star node
With the launch of nearly 20,000 founding nodes of Gala Games, the Gala node ecosystem is rapidly realizing its vision of becoming the world’s largest decentralized game player network. In order to accelerate the development of Town Star, Town Star node licenses will soon be sold in a limited number of 400, which will allow gamers on the network to share part of Town Star’s workload and give players the opportunity to receive Town Star token rewards.
The Town Star node will follow the same profit plan as the founder node, and it currently takes 6 hours to obtain it. At the same time, Town Star node rewards will not snatch or reduce the founder’s node rewards in any way.
Token economic model
The official token GALA is designed to be used in the Gala game ecosystem to provide participants with a convenient and safe payment and settlement method to pay for digital goods or in-game items, so that players truly own the ownership of the game assets, rather than by the game. Company control.
The total amount of GALA tokens is capped at 50 billion. The output will be halved on July 21 each year. It can be produced daily through mining, and half of it will be allocated to the founder nodes, and the number of points of each node will account for the proportion of the entire network on that day. Make an assignment. The other half is allocated to the regulator of Gala Games. At this stage, the daily output is 17,123,286 GALA.
It should be noted that the GALA tokens distributed to nodes will not be sent directly to the wallet on the chain. Instead, the nodes need to manually mint and receive them in their Gala platform account at any time. This means that, according to the output rules, more than 30 billion GALA has been output, but the actual circulation is not so much except for those not minted. According to CoinGecko’s statistics, the current circulation is about 7.54 billion GALA.
Ways to get GALA:
1) Become a node of the Gala network, maintain the stability and security of the system, and get corresponding rewards every day. Players need to purchase a founding node license and guarantee to run at least 6 hours a day to get 1 point;
2) Recommend to buy founding nodes and get invitation rewards;
3) Seasonal rewards of ownstar, the first five hundred will receive seasonal rewards;
4) Purchase on the secondary market.
In addition to the in-game NFT, Gala also launched a platform ecological NFT “VOX” based on the Ethereum network, with a total of 8,888 first releases. Currently, VOX can be used for in-game mining in Town Star, and TownCoin is produced daily. And in the future, players can also get VOX coins through VOX. The rarer the VOX, the more VOX coins they can get. And VOX coin will be able to be used in the Gala Games metaverse or exchanged for other cryptocurrencies.
In addition, VOX based on the Mirandus game will also be officially launched on December 6th. Players can buy directly from the Gala Games store instead of selling through the Collect VOX website, which means that players will no longer need to pay high gas fees.
Team and project progress
Gala Games is a project composed of participants and veterans in the traditional game industry.
CEO Eric Schiermeyer
Serial entrepreneur, co-founder of social game company and U.S.-listed company Zynga, develops and operates FarmVille, Mafia Wars, Cafe World and many other games. He is also the co-founder and CTO of social media site Myspace, and game company Bee Cave Investor and advisor to Games.
Director of Game Department: John Osvald
Worked in game design at Zynga, then left Zynga to set up a cartoon studio with Shiver Entertainment, and later served as the product leader of the mobile division of Electronic Arts (EA).
Creative Director: Michael McCarthy
He has 20 years of work experience in the game industry and has worked in many game companies such as Troika Games, Massive Black, Sandbox Games, Zynga, etc. In addition, Michael is the original creative director of Zynga’s popular game Farmville 2, which had about 50 million players every month in its heyday.
Town Star Director: T. Elliot Cannon
He was one of the original designers of Epic Games. Since the mid-1990s, he has participated in the production of many famous games such as Unreal, Crysis, Killing Floor, Doom, and has multiple identities such as screenwriter, director, and designer.
According to the official website, Gala has sold 26,000 NFTs, of which the highest price reached 3 million US dollars. In addition, the monthly active platform reached 1.3 million people.
In terms of market enthusiasm, Gala currently has nearly 120,000 Twitter followers and 78,000 Discord community members. In addition, Gala has received reports from many media including the Wall Street Journal and Bloomberg.
Gala Games is quite different from previous blockchain game platforms. Its core lies in games rather than blockchain, and aims to make blockchain games close to or reach the playability of traditional games.
Compared with the current chain game dominated by Play to Earn, it further enhances the player’s immersion in the game, so they are willing to spend more time experiencing the fun of the game, and then explore the world of the meta universe. However, the long development cycle of high-quality games will greatly delay the launch time of games on the platform.
In addition, the richness of its game library can be seen from the 5 games currently displayed on the Gala platform, and the network node ecology, which is an important link in the GALA ecosystem, continues to play its role in increasing user stickiness. If more game manufacturers can be attracted to the platform, and multi-party cooperation can work together, Gala’s vision of becoming a Steam in the field of chain games is still expected.
However, in terms of economic models, GALA tokens continue to inflate, and an effective destruction mechanism and pledge mechanism have not yet been introduced. At present, only 50% of the output is allocated to the nodes, and there is a greater potential for selling pressure, so players or investors It is also necessary to pay attention to currency price risks.