Metaverse has been in the news a lot lately. It’s been a big topic on various media outlets and is even getting more coverage as time goes by. Positively, people are getting curious about this blockchain technology that seems to have a lot of potential for future adoption. However, we have seen many "Gaming Metaverses" popping up lately, and it looks like a new one is getting traction. Gala Games is one such metaverse that is trying to become a game platform "owned by players." We thought it would be interesting to explore how Gala games fit into the concept of "Metaverse." Let's dive into it!
What is Gala Games?
Gala Games is a Play-to-Earn blockchain-based gaming platform. The goal of Gala Games is to revolutionize gameplay by giving players control of their in-game assets. The platform offers a wide range of games and each of which provides players with true ownership of their in-game items through the use of non-fungible tokens (NFTs). Meaning, everything you earn or win in the game is fully yours and it is represented as an NFT asset on the blockchain. You can either trade the item to another person or play with it in-game. A special weapon is a typical example of an in-game NFT item.
Is Gala Games a Metaverse?
According to Mathew Ball, a venture capitalist and prolific writer, the Metaverse is "an expansive network of persistent, real-time rendered 3D worlds and simulations." Games like Roblox and Fortnite meet the criteria of being persistent virtual worlds. Both games have millions of players that gather to both play and socialize, where there is some persistence in objects (clothes and skins) and payment (Robux and V-Bucks).
In contrast, Gala Games has no features that meet the criteria of being a "persistent virtual world." Besides, the gaming platform doesn't use the word "Metaverse" in their website or social media handles. So, we can conclude that Gala Games is not a Metaverse. However, it could be a Metaverse in the future.
How Many Gala Nodes are Left?
The Gala Games Ecosystem is powered by people like you and me. Founder’s Nodes, which essentially validates in-game transactions and secure the network, is run by users. Everyone who operates a Founder’s Node gets rewarded with the in-game GALA tokens and limited edition NFT's. In addition to that, operators also possess voting powers to decide which game will come on the Gala Games platform.
Many investors see Gala Nodes as a promising investing opportunity. In fact, the number of investors looking for a way to get involved has steadily grown, and many are already taking advantage of their active Gala nodes to earn free GALA tokens. So, let’s check what the current node situation looks like.
According to its website, there will only ever be 50,000 of these nodes and 22,941 nodes have already been sold. This implies that there are over 27,000 nodes for grabs. Currently, the node price is $18,000 per node, but it will increase and become even higher in the future. So, if you want to get your hands on some Gala Nodes, the best time would be now, before the node price skyrockets.
You can purchase your license to run a node here. It's important to note that in the future you will be able to sell your Gala node. So, there’s no real risk involved.
Stay tuned for more updates on Gala Games!