Gala is a token associated with Gala Gaming. Gala's goal is to innovate the gaming world by using blockchain technology to give players more control over their games. In Gala's games, players can earn NFTs, use them in-game and trade them on secondary markets. Currently, Gala uses the Ethereum blockchain and the Binance Smart Chain, but they plan to migrate more blockchains in the future.
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The Vault is a safe alternative to the traditional crypto wallet for those who want to buy, sell and swap their coins on Anycoin Direct. Within the Vault you can store all your digital assets and swap them against one another. Still want to send crypto to an external wallet like your Ledger? No problem, the Vault is an additional feature. The choice is yours.
Balances in the Anycoin Vault, are kept in a foundation. This foundation has only one purpose, to preserve our customer funds. This construction ensures that customers are entitled to compensation in the unlikely event of Anycoin Direct's bankruptcy. In addition, we want to reiterate that we always want to give customers a choice between using the Anycoin Vault and sending coins to an external wallet.
Eric Schiermeyer and Michael McCarthy founded Gala Games in 2019. In the past, they have worked for renowned companies such as Intermix Media (the company behind MySpace) and Zynga (worth an estimated $7 billion). As creative director at Zynga, Michael developed the popular Facebook game Farmville 2. The founders share the same vision of developing play-to-earn games, where developers can focus more on quality, while control lies more with the players of the games.
Gala's games have their own in-game economy powered by the GALA token. You can speak of an ecosystem, where players have control over in-game attributes. In addition, Founder Nodes can be bought and used to keep the network running. As a reward for running a node, you get paid GALA tokens. Besides earning GALA tokens, Founder Nodes also have administrative power. They have the right to vote when developers want to make changes to the platform. By voting, Founder Nodes can decide which upgrades to make and which to reject.