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What is Gala (GALA)?

Gala basic info

Name:Gala

Ticker:

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Introduction:

What is Galatasaray Fan Token (GAL)?

Galatasaray Fan Token (GAL) is a digital asset that allows fans of Galatasaray Spor Kulübü, one of Turkey's most celebrated football clubs, to have a say in the club’s decisions, access exclusive experiences, and earn rewards. Unlike traditional fan memberships, which might include perks like newsletters or discounts, GAL tokens give fans direct voting power on various club-related decisions.

Who Created Galatasaray Fan Token (GAL)?

The GAL token was created by Socios.com, a platform known for pioneering the concept of Fan Tokens. Socios.com specializes in creating digital assets that enable fans to engage with and influence their favorite sports teams. Socios.com has partnered with over 120 world-class sports teams and clubs, ranging from football giants like Manchester City, Arsenal, Paris Saint-Germain, Atlético de Madrid, A.S. Roma, and FC Barcelona, to other sports like UFC, Formula One, NBA teams, and eSports champions. They aim to bridge the gap between fans and clubs by providing an interactive and rewarding experience.

How Galatasaray Fan Token (GAL) Works

Owning GAL tokens is like having an elevated fan experience with Galatasaray SK. Fans can acquire these tokens on exchanges like Bitget. Once they have the tokens, they can use them in multiple ways.

Voting on Club Decisions

Galatasaray uses the Socios.com app to run polls on various aspects of the club. Token holders can vote on these polls, with each token representing one vote. The weight of a fan’s vote depends on the number of tokens they hold.

Here are some examples of decisions that fans have already impacted through similar tokens at other clubs:

● Warm-Up Songs: Fans have chosen the songs that play during the team's warm-up sessions.

● Historic Matches on GS TV: Fans selected which historic matches were featured on the club's official TV channel.

● Dressing Room Door Designs: Token holders decided on new designs for the team’s dressing room doors.

● Goalkeeper Glove Designs: Fans helped choose the design for the goalkeeper’s gloves.

● Gala Espor Logo and Hashtag: Token holders picked the new logo and hashtag for Galatasaray's esports team.

Being able to directly influence decisions at Galatasaray Spor Kulübü gives fans a sense of ownership and connection to their favorite team.

Exclusive Rewards and Experiences

Holding GAL tokens unlocks various VIP experiences. These can range from VIP access to matches and signed merchandise to unique opportunities like watching a game with a club legend or traveling with the team for away matches. GAL tokens provide fans with unique opportunities that they would not get otherwise.

Lifetime Ownership

One of the standout features of GAL tokens is that they do not expire. Once a fan acquires tokens, they can use them repeatedly without needing to renew their membership annually or monthly.

GAL Goes Live on Bitget

The introduction of GAL tokens marks a significant shift in how fans interact with their favorite sports teams. It transforms passive spectators into active participants in the club’s decisions and experiences. This new model of fan engagement is likely to become more popular, as it provides tangible benefits to fans while allowing clubs to foster a deeper connection with their supporters. By owning GAL tokens, fans become more than just supporters; they become an integral part of the club's journey.

So, if you bleed yellow and red, and want to have a say in the future of Galatasaray, get GAL tokens on Bitget now! The token is listed on Bitget as GALFAN.

How to Trade GAL on Bitget

Listing time: June 11, 2024

Step 1: Go to GALFANUSDT spot trading page

Step 2: Enter the amount and the type of order, then click Buy/Sell

For detailed instructions on how to spot trade in Bitget, please read The Uncensored Guide To Bitget Spot Trading.

Trade GALFAN on Bitget now!

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Current price:

$0.02560More price details

All-time high:$0.8367

All-time low:$0.0001510

GALA supply and tokenomics

Circulating supply:35,753,538,000 GALA

Total supply:37,777,698,965.28 GALA

Max supply:0 GALA

Market cap:$915.43M

Fully diluted market cap:$967.26M

Tokenomics:

Uniqueness

Centuries of combined experience from some of the greatest game devs makes Gala Games truly unique in both the Web3 and gaming worlds. They are committed to a “games-first” approach, always reaching for the greatest possible gaming experience above all else.

The team at Gala Games is passionate about gaming. They are taking the most cutting edge aspects of Web3 tech, and using them to give gamers freedom like they have never seen: Freedom to own, freedom to earn, and freedom to play.

Gala Games also aims to simplify the onboarding process for gamers entering the Web3 world, allowing users to begin making blockchain transactions by simply connecting an existing Coinbase or MetaMask wallet. Additionally, many Gala Games items can be purchased directly with credit cards.

Gala Games works closely with OpenSea to facilitate its official NFT collections, which can all be found on this collection page . Because every Gala account has a corresponding Ethereum wallet, players are able to easily trade their items peer-to-peer on OpenSea.

The Gala Games team is very accessible in the Discord community , where players and community members are truly listened to. This open dialogue community approach has been one of the greatest secrets to Gala’s success.

In early 2022, Gala Games expanded its mission to encompass all of Web3 entertainment, launching both Gala Music and Gala Film. Additionally, Gala’s generative NFT avatar project, VOX , has dropped 4 successful series, including collaborations with Dreamworks’ Trolls and AMC’s The Walking Dead. An ambitious and gamified metaverse home for all VOX is currently being developed by Will Wright, creator of The Sims.

Gala users collect in-game NFTs from different games on the platform. They can either use them in-game for various benefits, boosts and reward opportunities, or trade them as they please on the secondary market. This ability to own and trade in-game items allows players to shop and play with less commitment, giving them the freedom to play more games.

While Gala often develops its own games (Town Star, Mirandus, Last Expedition, The Walking Dead: Empires), the company also works with award-winning external gaming studios. A list of currently playable or in-development Gala Games can be found on this page .

In late 2022, Gala Games unveiled its own “games-first” layer-1 blockchain solution (currently called Project GYRI). Assets on Gala’s blockchain are fully bridgeable to and from the Ethereum blockchain, and GALA acts as the gas token for all transactions. When GALA is collected as transactional fees, a portion is burned, and a portion is distributed to Founder’s Node operators as an additional reward.

Throughout 2023 and beyond, Gala has many announcements and releases planned as the Gala Games platform takes shape as the world leader of Web3 gaming.

Token utility

The Gala Games ecosystem is governed by the GALA token that acts as a medium of exchange on which all transactions in the network are settled. The token runs on the Ethereum and Binance Smart Chain networks. The platform is also secured by its own set of nodes dubbed Founder Nodes. A maximum of 50,000 Founder Nodes are needed to verify transactions and secure the network.

The Gala token is used to power the in-game economy across all the different games available in the ecosystem as well as incentivizing node operators for supporting and facilitating the network. Players can make in-game purchases with the token or trade peer-to-peer. For instance, in Gala's first game, Town Star, the top players are rewarded in GALA. The token is also used to purchase Founder's Nodes. Gala is available on both Ethereum and the Binance Smart Chain at this time so wallets like Metamask, Trust Wallet, or Binance wallet are popular options for accessing tokens on decentralized applications.

Links

Website:https://gala.com/

X:https://twitter.com/GoGalaGames

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What is the development prospect and future value of GALA?

The market value of GALA currently stands at $915.43M, and its market ranking is #82. The value of GALA is widely recognized by the market. When the bull market comes, the market value of GALA will likely continue to increase.

Moreover, if GALA can play a greater role in practical applications, such as Gala builders fully leveraging the potential of GALA, partnering with more businesses, and increasing its user base, the long-term value of GALA will be significantly enhanced.

What will the price of GALA be in 2025?

Based on GALA's historical price performance prediction model, the price of GALA is projected to reach $0.003276 in 2025.

What will the price of GALA be in 2030?

In 2030, the GALA price is expected to change by +3.00%. By the end of 2030, the GALA price is projected to reach $0.006081, with a cumulative ROI of -78.10%.

Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of GALA and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

GALA price GALA price prediction GALA news

Is GALA worth investing or holding? How to buy GALA from a crypto exchange?

If you want to buy GALA, the following information may be helpful for your investment decisions:

In the last seven days, the price of GALA has risen by 19.28%, leading to positive returns for most GALA investors. The market is currently optimistic about the price trend of GALA.

It is important to note that the current price of GALA has retreated by -96.94% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.

Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.

To decide whether GALA is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.

Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in GALA or any cryptocurrency comes with certain risks and uncertainties.

Regardless of your outlook on the development prospects and future trends of GALA, if you want to buy or sell GALA, you can consider Bitget for your trading needs. The best place to buy GALA is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.

Investing in Gala has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Gala. Here's a step-by-step guide on how to buy Gala on Bitget.

Buy GALA now Coin buying guide

How to get Gala through other methods？

Using cash to buy Gala is not the only way to obtain Gala. If you have the time to spare, you can get Gala for free.

Learn how to earn Gala for free through the Learn2Earn promotion.

Earn free Gala by inviting friends to join Bitget's Assist2Earn promotion.

Receive free Gala airdrops by joining ongoing challenges and promotions.

All crypto airdrops and rewards can be converted to Gala through Bitget Convert, Bitget Swap, or spot trading.

What is Gala used for and how to use Gala?

The use case of Gala may expand as the crypto market and the project itself develop. Currently, you can use GALA to achieve the following goals:

Arbitrage by trading GALA: Since GALA is a frequently traded cryptocurrency, the price of GALA is always fluctuating. Earn more GALA by buying low and selling high on the exchange. Bitget spot market provides a variety of GALA trading pairs to fully meet your needs.

Earn by staking GALA: You can also generate income through financial management methods such as staking GALA or lending GALA. Bitget Earn offers a variety of financial products designed to help you earn more income from your GALA.

Send or pay GALA: If you want to give GALA to your friends, a charity, or a fundraiser, or you want to pay someone with GALA, you can quickly and easily send GALA to the recipient through their payment address.

You can also go to the official website of the Gala project to learn more about the use cases of GALA. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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