Gala Games Analysis：Will it be the Steam of the Chain Game Industry？

2022-03-11, 03:03

【TL; DR】

1. Gala Games, founded in 2018, is a decentralized game social platform and is also known by players as the Steam of the chain game industry.
2. Thanks to the NFT technology, the assets purchased on Gala Games belong to the player entirely.
3. Gala Games uses the ERC-1155 standard to deploy an unlimited number of ordinary tokens and NFT tokens in a smart contract. Therefore, it is understood as the combination of ERC-20 standard and ERC-721 standard.
4. Gala Games is more than a game platform, it’s also an improving blockchain game developer.
5. In the field of decentralized game platforms, Gala Games has a certain degree of first mover advantage, which may truly become the chain games’ Steam in the future.

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Since its issuance on September 18, 2020, the price of GALA tokens has created a miracle of growth, with an increase of over 30 times in one year. In the second half of 2021, the price of GALA increased again from $0.02 in September to $0.71 in December, an increase of more than 30 times. The huge growth has also aroused public interest in GALA and Gala Games, the company behind it.

Steam in Chain Game

Gala Games, founded in 2018, is a decentralized game social platform and is also known by players as Steam in the chain game industry. Eric Schiermeyer and John Osvald, the founders of the platform, have rich experience in the gaming industry. Jason Brink, chief operating officer of the Gala Games, previously worked for NGOs and participated in the rescue of the 2010 Haiti earthquake. He saw the inevitable corruption in the current bureaucratic system during his tenure, and realized that blockchain technology may make the system more open and transparent. The play-to-earn model may also help people in many developing countries eradicate poverty.

In the current centralized game platforms similar to Steam and Epic, the review risk still exists. Players do not really own the game and its props. The ultimate ownership of these goods is still on the platform. Administrators can easily ban a game or delete a prop. The reason why Gala Games exist is precisely to return ownership to users. After registering an account with Gala Games via email, players can play multiple games on the platform. Similar to the prop store or card store on Steam, Gala Games also has a market dedicated to trading game products. Users can use various NFTs and other props on the GALA trading platform. Due to the use of NFT technology, the props purchased on Gala Games really belong to the player.

Source: props store in Gala Games

Token Design

At present, Gala Games uses a special ERC-1155 standard. The platform token GALA and related NFT assets are stored on Ethereum, so it has good security. The maximum number of GALA tokens is 50 billion. Based on the ERC-1155 standard, an unlimited number of ordinary tokens and NFT tokens can be deployed in a smart contract. Therefore, ERC-1155 can be understood as the combination of ERC-20 standard and ERC-721 standard. ERC-1155 is designed for game developers. It can upload multiple transactions in one submission, so as to save gas fees and improve the operation efficiency of the system.

In addition, the node ecosystem is also introduced in Gala Games. Initially, all nodes will be divided into three categories. One is the founder's node, which runs the PoW consensus; The second type is the payment node, which runs the POS consensus; The last type is the free node, which runs the rare "Proof of Storage". In addition to obtaining a variety of benefits, nodes also have the right to participate in the decentralized governance of the platform, and can vote to determine the future development direction of the platform, such as whether the platform is online or not, a game made by a developer.

However, later, due to the official view that paid and free nodes are difficult to meet the requirements of long-term stable operation of the network, these two node types have been removed from the official development roadmap. At present, users can become founder nodes by purchasing licenses on the official website. Nodes can obtain points by maintaining network operation, and 1 point can be obtained by running for at least 6 hours a day. According to the number of points owned by each node, users can obtain a certain number of GALA token rewards and NFT asset rewards. The total number of founder nodes is up to 50000. These nodes together constitute Gala Games' own network. High frequency transactions in the game will run on GALA's own network.

Orientation of Gala Games

In addition to Steam being the world's largest game platform, its parent company Valve is also a world-renowned game developer, with many well-known game works such as Counter Strike (CS) and Portal. Similarly, Gala Games is not only a game platform, but also an improving blockchain game developer. But Gala Games prefers to call itself a "game using blockchain technology" rather than a "blockchain game company".

Gala Games aims to explore the use of blockchain technology in games, use blockchain technology to develop top games in the industry, and finally provide its services to hundreds of millions of game players around the world. Therefore, Gala Games attaches great importance to gameplay polishing, and its work categories involve many different popular game fields. At present, Gala Games has developed its own games such as Town Star, Mirandus and Fortified.

Among them, the first game "Town Star" developed by Gala Games has been widely praised by players. The number of active players per month has reached 1.3 million, becoming a popular product in the chain game. There is no specific threshold at the beginning of the game, and anyone can start playing for free. In addition, "Town Star" integrates its own play-to-earn token economy and native token TOWN, which can be used to buy NFT props in the game through the Gala Games market. Players can earn TOWN by using NFT props in the game. Node operators will also receive the TOWN token as a reward on a daily basis.

Conclusion

In the field of decentralized game platforms, Gala Games has a certain degree of first mover advantage. With the further development of the platform, it wouldn’t be a surprise if Gala Games will truly become the ‘Steam’ of the chain games field. In the future, Gala Games is expected to become a self-contained metaverse platform, and the value of its games will be interconnected between GALA and a variety of NFTs.

Author: Gate.io Observer: Edward H. Translator: Joy Z.
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