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Latest cryptocurrency news > ALTCOIN > Gala Brings Play-to-Earn to Gaming
ALTCOIN

Gala Brings Play-to-Earn to Gaming

BH NEWS
Last updated: 3 June 2024 11:56
BH NEWS 2 years ago
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Gala (GALA) is reshaping the gaming industry by introducing a blockchain-based play-to-earn model. This innovative approach allows gamers to fully own and monetize their in-game assets. Gala’s decentralized platform rewards players with digital assets for their achievements, addressing the traditional issue of players not having true ownership of their in-game items. The article also covers essential details on Gala (GALA) and how to purchase it using Turkish Lira (TRY).

Contents
What is Gala (GALA)?How Does Gala Secure and Operate Its Network?Actionable Steps for UsersHow to Buy Gala (GALA) with TRY?What is Binance TR?

What is Gala (GALA)?

Gala is a decentralized gaming platform leveraging blockchain technology, offering a variety of games such as real-time strategy, multiplayer online battle arena, and role-playing games. Unlike conventional gaming platforms, Gala enables players to own their in-game assets as NFTs and use GALA coins for transactions.

The GALA coin, an ERC-20 token, serves as the primary currency within the Gala ecosystem for in-game purchases and exchanges. Players are rewarded with GALA coins and unique NFTs for their gameplay and achievements. The platform operates on a decentralized network of computers called Gala Nodes, which contribute resources and are rewarded accordingly.

How Does Gala Secure and Operate Its Network?

Some popular games on Gala include Town Star, Mirandus, Spider Tanks, and more, each offering distinct gaming experiences. Gala Nodes are crucial for network security and transaction validation, with node operators rewarded with GALA coins and NFTs. These operators, known as founders, also participate in community governance by voting on proposals and development plans.

Gala has partnered with the Polygon network and uses the p.Network Bridge application to ensure seamless cross-chain transfers of GALA coins, enhancing their accessibility and usability across different blockchain networks.

Actionable Steps for Users

Valuable Insights:

  • Players can earn real-world value from their gaming efforts through Gala’s play-to-earn model.
  • Ownership of in-game assets as NFTs ensures players have true control over their digital items.
  • Gala’s decentralized nodes contribute to a more secure and robust gaming platform.
  • Partnership with Polygon reduces transaction costs and improves cross-chain compatibility.

How to Buy Gala (GALA) with TRY?

Binance TR is the recommended exchange for Turkish investors looking to purchase Gala (GALA). The platform supports over 100 cryptocurrencies, including GALA. To buy GALA with TRY, users need to create and verify an account on Binance TR, complete the identity verification process, deposit Turkish Lira, and then proceed to purchase GALA coins.

Users can easily open an account on Binance TR by visiting trbinance.com and providing necessary personal information. Identity verification can be done via phone or the official website, ensuring both security and compliance. After account verification, users can deposit funds from various Turkish banks and complete the purchase of GALA coins by navigating to the “Buy-Sell” section.

Depositing Turkish Lira on Binance TR can be done effortlessly from several major banks. The deposited funds are quickly reflected in the user’s Binance TR account wallet, allowing for a seamless transition to purchasing GALA coins.

What is Binance TR?

Binance TR, launched in 2020, is the Turkish arm of the global cryptocurrency exchange Binance. Operating from Istanbul, Binance TR provides both fiat-to-crypto and crypto-to-crypto trading services, leveraging Binance’s technology and security measures. Turkish users can trade a variety of cryptocurrencies directly with Turkish Lira, benefiting from advanced security protocols and market-leading liquidity.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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