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When was gala coin issued?

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2024-05-07 11:10:23718browse

Gala coin was issued on September 14, 2020. It is a utility token used to: Purchase game assets Pay transaction fees Participate in governance The total circulation is 50 billion, and the initial circulation is 27.1 billion pieces.

When was gala coin issued?

Gala coin issuance time

Gala coin is on September 14, 2020 issued.

Detailed description

Gala is a decentralized gaming platform based on blockchain. Developed by Gala Games, the platform allows players to earn Gala coins by playing games, buying and selling game assets, and participating in governance.

Gala Coin is a utility token that can be used for the following purposes:

  • Purchase game assets: Gala Coin can be used on the Gala Games platform Purchase in-game assets such as virtual lands, characters, and items.
  • Pay transaction fees: Gala coins are used to pay transaction fees on the Gala Games platform, such as transfers and purchasing assets.
  • Participate in governance: Gala coin holders can participate in the governance of the Gala Games platform, make suggestions and vote on the development of the platform.

The total circulation of Gala coins is 50 billion. The initial number of circulating tokens is 27.1 billion, and the remaining tokens are used as operating and reward reserves.

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