Projects listed: 276 |
BTC Dominance: 0.00% | Volume (24h): $42,642,616,474 | Market Cap: $2,608,639,729,430
Gala
GALA
$0.02
Sector
Gaming
Exchange Debut
2020-11-06
Market Cap
866,476,397
Maxim Supply
50,000,000,000
Circulating Supply
36,904,443,882
Circ. Supply(%)
73.81%
Gala
GALA
Price
$0.02
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
47927794
0.024937294012
0.022654450165
Change 24h
Change 7d
Change 30d
-5.1953
-4.9122
-18.6394
Maxim supply
Circulating supply
Circulating supply(%)
50,000,000,000
36,904,443,882
73.81%
The opinion of artificial intelligence (AI), based on the fundamental analysis of the Gala – GALA cryptocurrency:
Gala Games, known for their revolutionary approach to gaming via Web3 and blockchain technology, promises to transform the way players perceive value in online games. Born from the minds of visionary game developers, the aim has always been to give more to the player in terms of control, freedom, and rewards. Following a meticulous fundamental analysis of the Gala – GALA cryptocurrency, the project has earned a commendable score of 7.65 out of 10, indicating its substantial potential in the cryptocurrency domain.
SOCIAL & MASS MEDIA: Score 7.49 out of 10
Diving deeper into the fundamental analysis of the Gala – GALA cryptocurrency, we first assess its social and media impact. While Gala – GALA boasts a perfect score in attracting followers and media presence, there’s room for improvement in community activity on social media. However, their active administrators and sizable chat group communities reveal an engaged audience, providing a solid foundation for future growth.
AUDIT & SECURITY: Score 8.63 out of 10
Security, being paramount in the crypto world, has been addressed efficiently by Gala – GALA. Their commendable audit results, transparent public information, and stable liquidity on exchanges ensure that the project stands robust against potential threats.
TOKENOMICS: Score 7.50 out of 10
The tokenomics behind any cryptocurrency is crucial for its sustainability. Gala – GALA shows potential with a moderate score. Although concerns arise from its inflationary nature, its decentralized monetary mass offsets the drawbacks, hinting at a well-balanced token economy.
ECOSYSTEM DEVELOPMENT: Score 6.70 out of 10
While analyzing the fundamental analysis of the Gala – GALA cryptocurrency, the project’s vision and adaptability cannot be ignored. Gala – GALA has displayed a consistent focus on achieving its objectives and the intent to introduce new developments, ensuring the ecosystem remains dynamic and relevant.
TEAM & DEVELOPERS: Score 6.10 out of 10
A dedicated team is the backbone of any project. Gala – GALA’s team has an ample experience which is pivotal for the project’s success. Yet, the relatively lower number of software developers indicates a potential area for enhancement.
PRODUCT & UTILITY: Score 9.30 out of 10
The utility of a product is a direct indicator of its viability. Gala – GALA shines brightly in this domain, with the product and token utility scoring admirably. This underscores the practical value and relevance of the project in the larger crypto ecosystem.
PARTNERS & INVESTORS: Score 7.25 out of 10
Partnerships and investments fuel growth. Gala – GALA enjoys quality partnerships, which is a testament to its potential. However, a slightly lower score in the capacity of investors suggests the need to attract more significant investment in the future.
Fundamental analysis of the Gala – GALA cryptocurrency – The final conclusion
After an in-depth fundamental analysis of the Gala – GALA cryptocurrency, it’s evident that the project holds promise. Its unique approach to gaming, combined with a solid foundation in various criteria, makes it an enticing prospect for potential investors. However, like all investments, it carries risks, especially in areas like team size and community engagement. Prospective investors should weigh the strengths against potential challenges to make informed decisions.
What is Gala – GALA?
Gala Games: A New Era of Gaming
Gala Games revolutionizes the gaming industry with Web3 and blockchain technology. They aim to counteract the contemporary model where players continuously spend on games. Instead, they offer a broad platform with AAA-level games, many of which are free. Their vision positions them as potential competitors to mainstream gaming platforms.
The Uniqueness of Gala Games
What sets Gala Games apart is the centuries of expertise from top game developers. They prioritize an unparalleled gaming experience. Their “games-first” approach ensures gamers receive unprecedented freedom: to own, earn, and play. Their association with OpenSea supports their NFT collections, allowing players to trade items effortlessly. Gala’s community-driven strategy, facilitated via Discord, has significantly contributed to its success.
Expansion Beyond Games
In 2022, Gala Games didn’t limit themselves to gaming. They ventured into broader Web3 entertainment with Gala Music and Gala Film. Their NFT project, VOX, collaborated with recognized names like Dreamworks’ Trolls and AMC’s The Walking Dead. Moreover, an innovative metaverse, a realm for all VOX, is under development.
In-Game Benefits and Collaborations
Players obtain in-game NFTs from various games within Gala. These NFTs can be used for in-game perks or traded on secondary markets. This flexibility provides players with a liberated gaming experience. Gala’s portfolio includes self-developed games and partnerships with renowned gaming studios. Their recent layer-1 blockchain solution, Project GYRI, ensures easy asset bridging between their blockchain and Ethereum.
Towards a Web3 Gaming Leadership
The fundamental analysis of the Gala – GALA cryptocurrency reveals its intrinsic value in the gaming ecosystem. With the GALA token as the transactional fuel, its utility and deflationary nature are evident. A part of the GALA collected as fees gets burned, while another is rewarded to Founder’s Node operators. With ongoing plans for 2023, Gala Games is on its trajectory to dominate the Web3 gaming world.
- Latest analysis update: September 27, 2023
Gala - GALA performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
