What is Gala Games? $5B NFT Expansion! Should You Buy? (GALA) Crypto Price Prediction 2022!
1. Gala Games to Plow $5B Into NFT Expansion Efforts
Gala Games is seeking to ramp up its presence in the NFT sector and will allocate billions of dollars to further its efforts in the coming year
Gala Games confirmed Monday it will allocate $5 billion to further its NFT ambitions in the coming year, split between gaming, music, movies and theme park NFTs
The Gala Games token, GALA, has a fully diluted valuation of $16.73 billion with about 15% of its supply currently circulating
Blockchain gaming studio Gala Games confirmed Monday it will allocate $5 billion within the next year to expand its NFT offerings.
The startup will begin pouring capital into music, movies and theme park NFTs (non-fungible tokens), a source told Blockworks on Monday. The figure was later confirmed by Gala Games’ President of Blockchain Jason Brink.
Out of the $5 billion allocated to Gala Games’ NFT expansion, $2 billion is expected to go to gaming. A further $1 billion will be allocated for the studio’s music ambitions, as well as $1 billion for movies. Gala theme park NFTs will pick up the remaining $1 billion.
👾 Welcome to Altcoin Disrupt 🌙 Subscribe, Like & Turn on Notification Bell
🎮 Join Our Discord: / discord
🦉 Twitter: / altcoindisrupt
🚋 Tech, Stocks & Shares Channel: / @monumentstudio
Patreon - / altcoindisrupt
Article 1 -
⚠️ Important Message, The Video Content IS NOT FINANCIAL ADVICE. Please do not use my opinion as Financial Advice. Always conduct your own Research & Consult Professional advice.
All information is meant for public educational purposes.
#GalaGames #blockchain #altcoin #cryptocurrency #crypto #staking #decentralized