Binance Has Announced Its New Altcoin Project!

Binance has announced its new altcoin project. On the exchange, trading pairs GALA/BTC, GALA/BNB, GALA/BUSD and GALA/USDT will now be available for trading.

The world's largest crypto exchange Binance stated yesterday that it has listed its altcoin project Gala Games (GALA). On the exchange, trading pairs GALA/BTC, GALA/BNB, GALA/BUSD and GALA/USDT will now be available for trading.

Altcoin’s Price Increased!

Binance stated yesterday that it has listed its altcoin project Gala Games (GALA). On the subject, the exchange said: “Binance will list Gala (GALA) and open trading for GALA/BTC, GALA/BNB, GALA/BUSD and GALA/USDT trading pairs on 13/09/2021. Users can now start depositing GALA in preparation for trading. Withdrawals for GALA transactions will start on 14.09.2021. Note: Withdrawal open time is an estimated time for users' reference. Users can see the actual status on the withdrawal page." With the listing announcement of the exchange, the altcoin’s price skyrocketed and rose 250 percent. At the time of writing, this upward trend continues.

What is Altcoin Project Gala Games (GALA)?

Gala Games is a GameFi platform that aims to create an ecosystem of Blockchain games. GALA is the service token of the platform and is used for node operator incentives, network management, in-game rewards for playing platform games, in-game currency and NFTs for purchasing items in the Gala store. Gala Games is not a single game, but rather a series of different Blockchain games that prioritize fun and have Blockchain in the background. So far, Gala Games has released one playable game: Town Star and an NFT collectible series VOX. It plans to release more games in the future, including a fantasy RPG game, a sci-fi strategy game, and a tower defense game. Other games are also in development by Gala Games such as Fortified, Mirandus, Echoes of Empire and Spider Tank Project. Since its launch in July 2019, Gala Games has reached 1.3 million monthly active users and the most expensive piece has been sold for 26,000 NFTs worth $3 million. Gala Games was founded by Eric Schiermeyer. Eric Schiermeyer was the co-founder of Zynga, a popular social and mobile gaming company. Under Schiermeyer's leadership, Zynga released popular hits such as Poker, Mafia Wars, and Farmville.