I won’t be surprised it passes the $1.00 mark within the next 3 months and aims to hit an all-time high of $3.00 per token in the same year. Moreover, harnessing the power of NFTs and backed by brilliant team, it is all set to bloom next year. The project has a clear mission to dethrone the centralized gaming platforms by introducing play to earn model in decentralized games. The coin has shown massive move towards $0.90 during the initial weeks before falling back to the range of $0.40 per token. GALA is a fairly new project who is getting ready to make its mark in the GameFi space. This component is still under development and may rollout soon next year. It is responsible for distributing the NFT rewards to the node network. The game development helps the game studios by launching their games on the network along with NFT libraries and wallet integration, providing the necessary toolkit for a smooth onboarding. This includes but is not limited to software updation of nodes, maintaining best practices in development and more. Gala games provide maintenance and curatorial services to the network. Node Consensus Mechanism Founder’s Node Proof of Work Paid Node Proof of Stake Free Node Proof of Storage Key Components of Gala Ecosystem: Paid nodes will operate the infrastructure of specific games and Free nodes will provide support to Founder’s and Paid nodes in order to receive the portion of their reward. The information on GALA games sidechains is yet to be published but according to the video by Coinbureau, it will possibly have two additional nodes i.e Paid Node and Free Node, each based on a different consensus mechanism. That’s how it adapts based on the demand.įounder’s node operators can earn daily income of $150 plus game NFTs & rewards for their service For example, if a network has the required storage but running low on processing power, the algorithm will reward the nodes with processing power. Nodes work on a “ see-saw” algorithm that determines the requirement of a node for a given time.
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