Month: May 2022

Gala Games How To Invest In The Play To Earn Game And Earn Huge Money

Gala Games How To Invest In The Play To Earn Game And Earn Huge Money

Gala Games (GALA) is a play-to-earn gaming ecosystem. The network provides decentralized gaming solutions to the market that empower users in new ways. Specifically, the developers seek to improve GameFi and blockchain adoption. GameFi is a term used to describe the melding of finance and gaming.

Play to earn games networks are on the rise. These networks enable users to unlock value that was once regulated to a specific gaming environment. As such, there has been a lot of other play to earn games surrounding these networks. Notably, this attention translated into heavy support from investors for the Gala. Specifically, C2 Ventures partnered with Gala Games to form a $100 million fund to invest in furthering the play-to-earn gaming market.

Specifically, the developers seek to improve GameFi and blockchain adoption. GameFi is a term used to describe the melding of finance and gaming.

Play-to-earn gaming networks are on the rise. These networks enable users to unlock value that was once regulated to a specific play to earn games environment. As such, there has been a lot of hype surrounding these networks. Notably, this attention translated into heavy support from investors for the Gala. Specifically, C2 Ventures partnered with Gala Games to form a $100 million fund to invest in furthering the play to earn gaming market.

Gala Games How To Invest In The Play To Earn Game And Earn Huge Money

How Does Gala Games (GALA) Work

The Gala Games environment combines a custom-made utility and governance token, a responsive blockchain, and NFT technology. The network enables developers to build using these tools. Users can take their Gala Games assets and trade them on popular DEXs like Uniswap.

GalaChain

One of the main components of the Gala’s strategy is the creation of a custom blockchain called the GalaChain. This fourth-gen blockchain will support all Defi capabilities, including staking and NFT design. The purpose of the network is to provide relief from congestion experienced on the Ethereum network.

What Problems Does Gala Games (GALA) Solve?

There is a multitude of issues that Gala attempts to rectify. For one, the gaming industry has long left users out of the loop in terms of profits. The play-to-earn gaming sector is a multi-billion dollar market. In the past, gaming enthusiasts poured money into the market but could never recapture these funds once spent.

Gala seeks to cut users in on the billions being made through gaming platforms. The network wants to enable you to take value from gaming ecosystems in the form of NFTs (non-fungible tokens) and other digital assets. You can leave the play to earn a gaming ecosystem and trade these items on various DEX (decentralized exchanges) for other popular cryptocurrencies.

Benefits of Gala Games (GALA)

There are many benefits that users and developers gain through the entry of Gala into the play to earn market. For one, developers can leverage Gala’s blockchain infrastructure to create better and more rewarding titles. The network was designed to support the latest and most immersive metaverse environments. In this way, the network seeks to provide more entertaining games powered by blockchain technology.

GALA

GALA Coins operate as the primary utility and governance tokens for the market. Users play to earn rewards and pay fees with these tokens. You can also use GALA to trade and send value to friends and family globally. The tokens are currently ERC-20 standard, but upon completing the GalaChain, they will migrate over to the new network and enjoy the added benefits of free transactions.

Gala Games How To Invest In The Play To Earn Game And Earn Huge Money

Profits

It’s one thing to spend all day playing your favorite title and walk away with some props from your friends and possibly your name on a leader board. It’s an entirely different gaming experience when you walk away with actual value. Providing users the ability to convert and trade their digital assets both in and out of the gaming ecosystem is a massive upgrade for all parties.

Additionally, Gala developers can include more valuable assets in their ecosystems. Blockchain-based play to earn games provide instant verification and authenticity capabilities to the market. In this way, gamers know exactly how scarce a digital item may be. This capability adds to the overall value of the item.

Real Economies

Another significant benefit of Gala is that it can incorporate a real economy into its gaming titles. The internet already has some large MMORPGs that provide real economies. However, these markets are limited in nature and liquidity as they are only based on a single gaming title. Gala assets can be sold on the open market. Also, the developers can create multi-game assets using this technology.

Governance

Gala is unique in that the users have partial ownership over the platform. The community governance system enables regular users to get a say in the market’s developments. You simply need to stake your GALA tokens to access this feature. The system examines the number of tickets you have staked to determine the overall weight of your vote.

How to Buy Gala Games (GALA)

Gala Games (GALA) is available on the following exchanges: 

  • Bitstamp – Founded in 2011, Bitstamp is one of the oldest & most trusted exchanges in the world. They currently accept Canada, UK & USA residents, excluding the states of Alabama, Hawaii, Idaho, Louisiana, Nevada,  & New Jersey.
  • Uphold – This is one of the top exchanges for the United States & UK residents, offering a wide range of cryptocurrencies. Germany & Netherlands are prohibited.
  • Binance – Best for Australia, Canada, Singapore, the UK, and most of the world. USA residents are prohibited from buying Gala Games (GALA). Use Discount Code: EE59L0QP for 10% cashback of all trading fees. 
  • KuCoin – This exchange currently offers cryptocurrency trading of over 300 other popular tokens.  It is often the first to provide buying opportunities for new tokens.  This exchange presently accepts International & United States residents.
  • WazirX – This exchange is part of the Binance Group, ensuring a high-quality standard.  It is the best exchange for residents of India.

Conclusion 

Play-to-earn platforms like Gala Games continue to reshape the gaming sector. These protocols provide users with a unique opportunity to create an income doing what they love to do. Consequently, play-to-earn gaming like Gala is on the rise. You can expect to see many more development firms attempting to enter the market as Gala Games begins to release its titles in the coming days.

How To Choose The Best Play To Earn Games For Maximum Profits

How To Choose The Best Play To Earn Games For Maximum Profits

Video games are no more something that wastes people’s productive time. In fact, it has become a venture in which most people are aspiring to invest most of their time and efforts. However, rewind to some decades ago, parents would warn their children to shun video games and focus on other things that can add value and bring money to their pocket. 

Fast forward to these present times, parents are now buying smartphones and internet connections for their children to support them in their game play9ing ambition. What changed that mindset? The advent of best play to earn games

P2E games are becoming popular worldwide for their unique generosity as they make people become more financially secure and relieved of the stress of the daily hustle and bustle. Are you still thinking making money while playing video games is a fluke? Do your research.

It’s no more news that young and old people, regardless of gender, are investing their time and money in play to earn games. That’s due to the incredible moneymaking opportunities in the NFT gaming world.

No doubt, gaming is no longer a passive hobby. It is now a multibillion-dollar industry that has changed people’s stories for the better. Accenture valued the play-to-earn gaming market to be over $300 billion. That huge dramatic success was driven by new gamers rushing into the community in search of fortune making opportunities and social interaction.   

As the blockchain rises, the P2E industry has changed incredibly. Unlike the tradition that only game developers and distributors make money while players just catch fun, players are now earning a considerable amount of money every week. Players can make money in Non-fungible Tokens (NFTs) or crypto playing with their smartphones or computer to play games. The trend is now circulating in every part of the globe with different attractive success stories about the games. 

What are play to earn games?

Having said much about the concept, let’s understand what they mean and how they work. Play-to-earn (P2E) games are online video games that allow players to complete some tasks, compete in a battle arena, use monsters or characters to play some roles and earn in-game rewards in the form of Non-Fungible Tokens (NFTs) or Cryptocurrencies.

Players can access these games on different gadgets such as computers, smartphones, and more, with a stable internet connection. Some of these games allow players to use objects like wearable properties or weapons in-game. Meanwhile, these in-game objects are not given automatically. Instead, they are earned as rewards for winning a challenge, completing a task, or purchasing with real-life money. 

In some play to earn games, players get the opportunity to customize their characters with better equipment or train their monsters for better performance in the battle arena. However, players cannot sell the equipment or properties to any player for cash.

How To Choose The Best Play To Earn Games For Maximum Profits

That is how many best play to earn games operate. Game designers can also leverage the immutability of blockchain technology to create unique in-game rewards and transferrable items. Players can get rewards ranging from earning digital currencies to collecting Non-fungible tokens. Players can then export their coins into their respective crypto wallets to convert them to fiat money such as dollars. Meanwhile, players can sell their NFTs to other players through in-house trading platforms or trade on secondary marketplaces. 

For instance, Axie Infinity, the leading play-to-earn game, allow players to breed, purchase and battle with cute little creatures called Axies. These Axies are minted on the Ethereum blockchain. Because each Axie represents an NFT which players can buy or sell peer-to-peer with cryptocurrency. 

How to Choose the Best Play-To-Earn Game for You 

First, you have to understand how most available best play to earn games work. That means you may need to research the top P2E games in the present market. That can be a daunting task as over a hundred play to earn games are flooding the market. You can simply research the top ten on the latest rankings to save you that stress.

Some things that can help you make an informed decision are finding out how the game pays out rewards to players, how easy it is to convert your in-game tokens to other crypto and what you can gain from playing the game. You should also research how much you will have to invest before you can start playing. Make sure you critically check those areas before you take the plunge to create an account. 

How To Choose The Best Play To Earn Games For Maximum Profits

What’s your goal?

It is also essential to determine your goal before you start playing the game. Are you playing the for the coins, NFTs or both? Each P2E game out there has its unique rewards in different forms. While some pay in NFTs alone, others pay in cryptocurrencies. Best of all, very few pay in a combination of the two. In some cases, players can earn prestigious currencies as rewards in the game. Some best play to earn games can offer you bitcoin or Ethereum, which you can trade if the value rises anytime. 

It is also essential that understand how you can play the game and earn rewards. Most importantly, how long it takes to make each point. More so, you need difficulty with the tasks of each game. Some games require players to complete simple tasks and get rewards, while others put you at the cross of more significant tasks o get tokens.

How much do you need to get started?

In most cases, play to earn games are not always free to start. You will have to make an investment to purchase a starter pack when getting started. Players are required to buy these starter packs with cryptocurrency. The cost of the starter pack varies from one game to another. However, the highest paying games require a more increased initial investment. 

In contrast, few play to earn games require no purchase of a starter pack to get started. But you will need o pa o to unlock some premium features which allow more profits.    

Conclusion

Play to earn games are coming out in hundreds due to the influx of interested participants from different parts of the world. As a result, it can be somewhat challenging to choose the best one that can allow you to earn more money. You need this guide to make the right choice out of the pool of numerous options.   

How To Make Huge Fortune from Play to earn gaming

How To Make Huge Fortune from Play-To-Earn Games

Video games are becoming a sure means of earning millions of dollars. It is rather pathetic that most people still believe they can’t make money while playing video games. Are you also part of those with the ancient mindset? Well, if you are, let me be the one to tell you several video games are created primarily to make money.

How do you see that? Yes, it’s true! We call them play to earn gaming. These P2E have been on the lips of many young video game lovers for more than three years now. However, it became a significant boom in 2020 when lockdown made the world sit at home compulsorily. That single global event became a favourable situation for anything that relieved the pressure and provided money at the same time as people were dying of depression and hunger. 

Though they had been in existence before then, Plat-to-earn games came into the limelight as many people saw them as a means to have fun and make money in the comfort of their homes. As the lockdown affected several jobs and sources of income, young and old people who are not even game addicts were forced to turn to play to earn gaming as alternatives to make a good living. 

After the lockdown, some players had already mastered the nitty-gritty of the games and had made a considerable amount of money in the gaming environment. Hence, people consider P2E games an easier way to make money. It doesn’t require much to start; all you need to participate is a smartphone, intuition, internet connection and the zeal to play.

Would you also like to make some millions while polayi8ng games? Read further to learn the ‘how’. 

This article will take one of the most famous and participating play to earn gaming as a case study to understand how P2E games work and how much you can possibly earn playing the game. 

Axie Infinity: The Play To Earn Phenomenon

Axie Infinity remains at the top of play to earn gaming charts no matter how you spin it. It is reasonable to say that Axie Infinity sets the standard for other Non-Fungible Token (NFT) games. So, using it as a case study for other P2E games is justifiable. 

Axie Infinity is in its prime In the Philippines as Filipinos make up to 40% of its over one million users that subscribe to the gaming environment per day. Aside from the Philippines, the play to earn gaming is gaining more participants in several developing countries with mouth-watering success stories from different age categories of people. Some of the testimonies include a 22-old year boy who bought mansions with his in-game tokens. Many other exciting stories abound from one country to another. In fact, some players in Cabanatuan city Nueva Ecija were featured in a mini-documentary themed ‘Play to Earn.’ 

The above explanation is meant to assure you how much you can from playing Axie infinity or other play to earn gaming. Depending on how much time you devote to the game, you can become financially successful via P2E games. 

How To Make Huge Fortune from Play-To-Earn Games

 How Do You Earn Profits in Axie Infinity?

Axie Infinity operates in the system of a blockchain economy. It allows you to make money by playing and investing in the game. Practically, the statement ‘Time is money is a fact in Axie Infinity. The more time you spend, the more money you get. 

As a player, you can earn in-game tokens in cryptocurrency, which you can convert to cash in hand or at the bank you prefer. In the game, you can make money breeding, battling or trading cute little creatures called Axies. When you use these monsters to win in the Player versus Player (PvP) or Player versus Environment (PvE) arena, you earn an in-game reward called Smooth Love Potion (SLP). You can choose to use these SLPs to breed more axies or sell them for profits in the NFT marketplace. The game also allows you to earn Axie Infinity Shards (AXS), which you can also use to purchase goods or any other valuable items.

You can withdraw your SLPs to sell on crypto exchanging platforms or trade them for fiat money. Here’s a little twist about play to earn gaming. While some allow players to participate, other, like Axie Infinity, requires players to make an initial investment to build characters or monsters to start playing the game. Though it may sound less profitable to first invest money in a game before you can start making money. What if you lose in the competition? Does that mean your money is gone? Is it safe to invest one’s hard-earned money in a game one has not mastered? Those are the likely questions popping up in your mind now. 

It is reasonable to ask such questions, but I can tell you that most play to earn gaming that allow free sign up don’t. So, I recommend that you go for P2E games that require initial investment if you really want to make huge money at the end of the day.

For Axie Infinity, you will have to purchase a starter team of three Axiies which costs nothing less than $300. Meanwhile, you can get a few Axies if you can’t afford the expensive ones. But, it is always advisable that you go for the strong axies that can compete and win battles either with other players or with the enjoinment.

How To Make Huge Fortune from Play-To-Earn Games

What Does Play-To Earn Scholarship Mean?

Some play to earn gaming require that players make a considerable investment before participating. That has been a major obstacle that prevents many aspiring players from realising their dreams of earning money in the game. To ease new players who cannot afford to make the initial investment, some big spenders in the game created the play to earn scholarship. 

In this program, scholars (new players) would have to play with the axies purchased by managers (owners of the axies) to earn tokens. The tokens made ins a scholarship program will then be shared based on the agreed ratio among the scholars and managers.

Conclusion 

Play to earn gaming are excellent sources of income. You can earn millions of dollars if you take the Time to learn the tactics and operations of the game. Aside from Axie Infinity, several play to earn gaming in the NFT gaming world can fetch you great fortune in a few months. However, you will have to learn for some time before you venture into anyone you choose.