GALA is the native utility token of Gala Games and can be converted to BUSD.
Gala Games is a blockchain-based gaming platform that sees the creation of play-to-earn blockchain games. The platform is built on the Ethereum and Binance Smart Chain and also works with the Polygon network.

## GALA tokens

Before we look at GALA BUSD conversion, let's understand the Gala Games token. They are BEP20 and ERC20 compatible. They have several use cases. They can be used to purchase in-game items or NFTs, as a medium of exchange, and to make peer-to-peer payments. They are also used to incentivize players. The most active players get awarded the tokens.

The tokens are currently trading at $0.04502, according to [Coinmarketcap](https://coinmarketcap.com/currencies/gala/). They are ranked the 129th largest cryptocurrencies, with a live market cap of $184,029,951.

The tokens have a max supply cap of 35 billion. They are, however, deflationary tokens. On 21 July each year, their distribution is halved. There are currently 6,977,205,436 in public circulation.

17,123,286 of the tokens are distributed on the network daily. Half of them are distributed to Founder's Node operators, and the other half is given to the conservatorship. 
 
They can be bought on several crypto exchanges, including [Binance](/news/article/guide-to-binance-uk), Bitrue, and OKX. They can also be earned by playing the games on the platform, inviting new users, staking, and owning a node. Nodes offer computational resources to the platform’s decentralized network in exchange for rewards.

## GALA BUSD

BUSD, or Binance USD, is a fiat-backed Stablecoin developed by Binance and Paxos. It is backed by the US dollar with a ratio of 1:1. Like Gala, it is also an ERC-20 and BEP-20 token.

The stablecoin is currently ranked the 6th largest cryptocurrency with a live market cap of $21,997,255,977. Its market demand has grown exponentially, given that by the end of 2021, its market cap was close to 15 billion.

GALA BUSD conversion happens at a ratio of 1:0.024372 BUSD. You can, for example, get 0.048685 BUSD for two of the tokens at the current exchange rate.

## GALA BUSD price history

The tokens first hit the crypto market in September 2020. They were first listed on [Coinmarketcap](https://coinmarketcap.com/currencies/gala/historical-data/) on 18 September at $0.001437. For most of the months to December, they traded below $0.001. However, they ended the year worth $0.001442.

The best month was November 2021. They began the month worth $0.09104 and by mid-month were priced at $0.1268. By 17 November, they were worth $0.2305 and three days later were at $0.3529. On 28 November, they reached their highest recorded price of the year, $0.7121.

They began 2022 worth $0.4515. Things would quickly take a turn as they started to depreciate, ending the month priced at $0.19.

They picked up in February, ending the month worth $0.2604. There weren't any significant price changes until May, when they dropped to trading below $0.1. They would continue to trade below $0.1 till the time of writing.

## GALA BUSD prediction

Several crypto prediction platforms predict a promising future for GALA tokens. They view the coins as a good long-term investment option.

Cryptopolitan predicts they might trade at a maximum price of $0.054 in 2023, $0.076 in 2024, $0.12 in 2025, and $0.17 in 2026. Those holding the coins a little longer might see a maximum price of $1.10 by 2031, according to the site.

Changelly predicts they might trade at an average price of $0.056 in 2024, around $0.081 in 2025, $0.12 in 2026, and $0.2 in 2027. They will, however, not get to trading above $1 even by 2031, according to the site.

WalletInvestor predicts the coins might begin the year 2023 trading at a maximum price of $0.00393 and end the year priced at $0.00529. In 2024 they might trade at a maximum value of $0.00540 and end the year priced at $0.007029.
According to the site, things are poised to get even worse for the coin. By the end of 2027, they might be trading at a maximum price of $0.00033.

## Developments

It is worth noting that in November 2022 Gala Games was all over the news after it was reported that it had been hacked. A suspected attacker had supposedly minted $2 billion worth of GALA on the BNB smart chain and proceeded to dump some of the tokens on PancakeSwap.

The company assured its community that the incident was just a procedure to test its vulnerabilities and that it had not been hacked.

## Conclusion

GALA might look like a struggling cryptocurrency, but according to a few crypto prediction platforms, it might be a good long-term investment option.

The token has the potential to get back to its glory days or even get better. However, you'll have to hold on to it for a little longer to reap the expected bountiful results.



GALA BUSD: Everything You Need To Know 

It is a [platform](https://changelly.com/blog/gala-price-prediction/#What_Is_GALAnbsp) that aspires to revolutionise the gaming industry by restoring power to gamers. Currently, gamers spend numerous hours playing the game and investing in its in-game purchases, which can be removed anytime. Users may use Gala to purchase things, upgrades, and other in-game assets and as the governance token.

## When was the Gala coin launched?

The project's native token is already popular among gamers and cryptocurrency fans. The play-to-earn principle is applied here: the more tickets you earn, the more you play. Officials noted that it allows them to make free-to-play games lucrative while providing gamers more control over NFT in-game assets. Aside from being a fun and easy method to earn cryptocurrency, they also offer the opportunity to participate in the gaming industry's future by allowing players to vote on critical game development choices.

The ecosystem powers all transactions inside the ecosystem. It offers a diverse selection of games to cater to all sorts of gamers, with all transaction data recorded on the blockchain. The token also powers the marketplace, where players may purchase and trade in-game things. Like an ERC-20 token, users can save [Gala](/news/article/gala-games-explained) on any ERC-20 wallet. The network will let users purchase, sell, or exchange assets using the token.

## Is the Gala coin a good investment?

Firstly, because the token is still relatively new, there is room for price growth. Secondly, the token's organisation has prior expertise in the gaming and blockchain sectors, giving them a distinct viewpoint on applying blockchain technology to produce a more efficient and user-friendly experience. 

Thirdly, they have already worked with several well-known companies in the gaming business, giving them an advantage over their competitors. Finally, factors such as the growing popularity of NFTs and crypto games indicate that this currency is in high demand.

There are only 50 billion tokens, making it an excellent investment: the token's value may increase as demand develops. The game has over 1.3 million players, and the community is growing. The token's staff is continually enhancing the games ecosystem and increasing the number of Gala games accessible, making it an ideal long-term investment with price growth potential.

## Gala coin price prediction

The circulating quantity of Gala tokens is around 7 billion tokens. On the cryptocurrency market, the token achieved an all-time high of $0.8367 on November 26, 2021. It traded in September 2020 for its minimal value of $0.00149.

 The coin's average price will most likely be $1. However, according to projections, this will take at least eight years.



An in-depth look into Gala coin token and its use

Need a break from the real world? Then come on over to [Gala Games](https://app.gala.games/)! They have all the entertainment you need. You'll undoubtedly find something to your taste. And with their easy-to-use interface, you can start playing right away – no downloads necessary.

This article explores everything you need to know about Gala Games.

## Gala Games

Gala Games is a Web3 gaming firm that has created a ground-breaking new way of playing by employing decentralisation, player ownership, and reward economies.

It is on the cutting edge of a new gaming era, where players own their in-game experiences and are rewarded for their achievements. With dozens of games in development and several already in beta or presale stages, Gala Games is quickly becoming the world's go-to source for own-your-experience gaming.

What sets Gala Games apart from other gaming companies is its use of decentralisation, player ownership, and reward economies to create a truly unique gaming experience.

Whether you're a seasoned gamer looking for something new or a complete novice just dipping your toes into gaming, Gala Games has something for you.

## The Genesis of Gala Games

The company has created a platform that incorporates play-to-earn mechanics and non-fungible tokens ([NFTs](/news/category/nft-news)) with game developers who understand how to make entertaining games. The result? A recipe for success.

Gala Games is working with developers like Peter Molyneux and Will Wright as well as household entertainment brands such as the notorious The Walking Dead. Gala Games' president, John Osvald, said in a recent interview at the game developer's conference that while games embrace NFTs' new technology of unique digital items and play-to-earn model of play, the emphasis is on developing games that make players happy.

In other words, they're not just playing around - they're serious about fun. And we think that's pretty cool.

Gala Games is a growing empire, but it's still early days yet. The company only has 1.3 million active players, but it's raised funds by selling NFTs used in the games. It pays for blockchain processing costs by giving tokens to those who run the nodes.

The Gala Games blockchain ecosystem was established on the token GALA. The token allows players to invest in their game development, and they'll be able to get paid for being active participants in the development process.

In many video games, the game assets are virtual - only existing within the game world. However, with blockchain games, players can invest in and own their game assets. Not only that, but they'll also be able to resell them if they choose.

Moreover, players will have a say in the game's future development, courtesy of their tokens. So not only can they own their game assets, but they can help shape the game itself. Now that's what we call putting your money where your mouth is!

## Underway Games

Gala Games have nine announced games in the works and a total of 26 in progress. It began with Town Star, a town simulation and farming game, followed by the ever-popular Spider Tanks. In Spider Tanks, players can build their mechanical spider-like tanks from various parts and buy and sell their own NFTs.

But Gala games isn't stopping there - they're also working on a huge fantasy role-playing online game, Mirandus, which has been pushed back until a later date.

What’s more, they have a multiplayer survival game coming for The Walking Dead franchise. So whether you're into farming simulations or post-apocalyptic zombie games, Gala games have you covered!

## Gala Games Vs. Epic Games Partnership

Gala Games and Epic Games have entered a deal to publish Gala's titles on the Epic Games Store. Gala's Web3 games will be available on the Epic Games Store, allowing it to reach more than 194 million users and differentiate itself from other gaming token platforms.

According to President John Osvald of the Gala gaming organisation, the partnership with Epic Games will provide greater credibility to blockchain gaming. He added that the deal marks "a turning point" for players unfamiliar with digital ownership, i.e., NFT gaming.
This big win for Gala Games should help increase the adoption of blockchain technology in the gaming industry.

## Parting Shot

So, what can we learn from Gala Games? They were the first to understand how people play games and applied that understanding in a way that made their games successful. Additionally, they continue to innovate by expanding into new genres and working with Epic Games. What will be their next move?

We will find out in time, but it's sure to be exciting! 


Gala Games Explained

[Gala (GALA)](https://app.gala.games/) is a valuable utility token that serves as a means of exchange among Gala Games ecosystem participants. GALA crypto is currently built on the Ethereum blockchain and follows the ERC-20 protocol.

Gala Games' fundamental idea is stated on their website as they think the blockchain should be invisible in their games. They employ basic game principles that all participants may enjoy, regardless of whether they consider themselves blockchain experts. 

## Gala Blockchain gaming platform's short history 

Gala Games was founded in 2020 by Eric Schiermeyer and Michael McCarthy to create a gaming environment in which players have total ownership and Management of their in-game assets.

Schiermeyer formerly worked for Intermix Media, the firm behind MySpace, and was a co-founder of Zynga, a billion-dollar company created in 2007 to connect the globe via games. McCarthy was the creative director of Zynga, where he designed the famous Facebook game Farmville 2. Early on, the two saw the potential of play-to-earn games, which allow users to earn money while allowing creators to focus only on game quality.

Gala Games focused on decentralization from the start, causing the firm to reject an early distribution, such as an ICO, to enable an organic deployment of the tokens via its node network. Gala's first strategy was to develop the gaming network by selling 'Founder's Nodes,' which serve as the foundation of Gala Games' ecosystem. These nodes distribute incentives through Gala tokens, NFTs, and governance authorities.

Gala is now focusing on developing its own blockchain GalaChain, forming collaborations, and purchasing well-known gaming firms. GalaChain was designed to reduce network expenses and give greater scalability than Ethereum. Gala has also made strides in establishing partnerships with brands such as Frank Miller, Under Armor, and AMC's The Walking Dead, with several more on the horizon. Gala Games plans to disrupt the free-to-play model pioneered by Fortnite, in which gamers rent in-game items from the developer.

The maximum quantity of the GALA crypto token is set at 50 billion units. Approximately 7 billion GALA are now in circulation. This is around 14% of the complete total. Gala Games has 1.3 million or more active users.
 
## How does Gala crypto work?

A custom utility and governance token, a reactive blockchain, and NFT technology are all part of the Gala Games ecosystem. Developers may use these tools to build on the network.

Non-fungible tokens (NFTs) can be held by Gala Games ecosystem participants and used to affect game administration. The Founder's Nodes voting system allows gamers to determine the games Gala creates and funds. Gala Games uses its utility token, GALA, to buy NFTs for certain games.

## What is Gala crypto used for?

Developers use Gala's blockchain technology to create better and more profitable titles. The network aspires to adapt the most recent and profound metaverse chances to produce more enjoyable blockchain-powered games.

Gala intends to offer gamers a share of the billions of cash gaming platforms generate. The network aims to enable users to extract value from gaming ecosystems through [NFTs](https://www.monitalks.io/news/category/nft-news) and other digital assets, benefiting Gala blockchain backers and gamers. Supporters, notably those who manage network nodes, are compensated with GALA crypto tokens for their efforts in supporting the Gala ecosystem and peer-to-peer transactions. Meanwhile, gamers may exit the game and trade their items for other popular cryptocurrencies on various decentralized markets (DEXs). These users may also use GALA tokens to purchase extra NFTs and in-game products.

## Gala crypto current price and future predictions

Gala's price has dropped by 28.51% in the last seven days. In the previous 24 hours, the price fell by 6.25%. The current price per GALA is $0.05625. Gala is 93.30% lower than its all-time high of $0.8367. There is now 6,977,205,436 GALA in circulation.

According to Walletinvestor, the Gala historical index gets a 'C' grade but is an excellent long-term investment. Gala's AI analyst predicts a 339.6% increase by May 2023, with gains doubling to 625.8% in 2024. Gala day traders will win from day trading in bull markets. Gala will continue to perform in 2025, with a 91% ROI. ROI will reach 1477.5% in 2027, beating several financial indices. In the immediate run, Gala expects May to close at an average price of $0.039, down from $0.09.


GALA Crypto Explained 

Before we consider the top Metaverse coins, we need to understand the Metaverse.
Mark Zuckerberg’s strange virtual replica as he unveiled Facebook-rebranded-as-Meta. A digital art gallery in Decentraland. Live concerts in the immersive [Fortnite](https://www.epicgames.com/fortnite/en-US/home) universe. Whatever it is, there's no escaping the internet's favourite buzzword: “Metaverse."

## What is Metaverse?

This technology hybrid combines virtual reality, augmented reality, and video, which allow users to “live” within a digital universe. Supporters of the Metaverse imagine its users engaging in an activity such as working/playing and staying connected with friends through activities ranging from concerts and conferences to virtual world travel. Even though the Metaverse is still in development, some see it as the future of the internet. This includes Facebook's Mark Zuckerberg, who has rebranded the company as Meta.

Already, among other things, the Metaverse provides opportunities for gaming, education, commerce, virtual real estate, social networks, and entertainment. The Metaverse, unlike existing social networks, is powered by blockchain, incorporates cryptocurrencies, and gives users ownership of their digital avatars and assets.

## Top Metaverse Coins

Although there are different Metaverse [coins to buy](/news/article/which-crypto-roundup), invest in, or trade, the top four metaverse-themed cryptocurrencies are:

Gala: Gala Games, with 1.3 million monthly active users, is at the epicentre of the blockchain gaming revolution. It is a blockchain-powered gaming ecosystem with several games in testing or development. Gala was founded in 2019 by an American named Eric Schiermeyer, also co-founder of game titan Zynga, with the primary goal of creating enjoyable games that incorporate essential enigma for growth, such as play-to-earn, NFTs, music, and community engagement as part of their core strategy.

AXIE Infinity: You can earn AXS, Axie Infinity's utility and governance token, by joining the 2.8 million players who log in every day. Play-to-earn accounts for 20% of the AXS supply. In addition, after the introduction of staking, to which Axie Infinity allocated 29% of the AXS supply, interest in AXS has skyrocketed. (Staking grants crypto investors the opportunity to earn rewards by temporarily locking in their coins to help verify the transactions of a blockchain network.) So, if you don't want to play the game, but want to invest in the Metaverse’s growth, you could buy AXS and stake it to earn annualised rewards currently estimated 70%-plus. While this sounds appealing, the rate of return is not guaranteed, and the monetary value of your rewards could be much lower if the price of AXS falls.

[Decentraland](/coins/mana): Enter Decentraland, a virtual world. The Metaverse is more than just a gaming environment; it's a shared digital world where you can create environments and digital exchange assets, such as NFTs, with others. Decentraland is one of the success stories from the 2017 ICO boom, having raised approximately $26 million in ether from investors.

Sandbox: Like Decentraland, the Sandbox is an Ethereum-based 3D virtual environment where users can buy, trade, share, and monetise digital assets.
The Sandbox, launched in 2011 by Pixowl, was a successful mobile gaming platform with 40 million downloads before it became a blockchain-based 3D metaverse in 2020. The following year, it received a $93 million investment led by Softbank. Atari, CryptoKitties, and rapper Snoop Dogg are among the Sandbox’s 50+ partners.

The crypto market never gets boring, and who doesn't like waking up to new things every day?
 
 



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