Blockchain gaming platform Gala Video games has revealed a significant improve for its native token. On fifteenth Could, it’ll airdrop GALA v2 tokens to all current v1 token holders, ushering in a brand new part for the platform.
The v2 token brings a bunch of enhancements to the desk, together with enhanced burn mechanisms, safety enhancements, and future upgradeability; all designed to create a greater gaming expertise for the Gala Video games neighborhood.
For GALA v1 token holders, the transition course of is predicted to be seamless. Except their tokens are in liquidity swimming pools or good contracts, customers don’t should take any motion. The airdrop will mechanically distribute the brand new GALA v2 tokens to holders, sustaining the present stability and guaranteeing a easy transition.
The GALA v2 token introduces a number of key enhancements geared toward enhancing the general performance and safety of the Gala Video games ecosystem:
- Enhanced Burn Mechanisms: The brand new token incorporates an improved burn mechanism that permits for a extra dynamic and responsive token financial system. This function will assist preserve the worth of the GALA token and create a sustainable setting for each players and builders.
- Safety Enhancements: With the improve to GALA v2, Gala Video games has carried out a number of security measures to make sure the protection and integrity of the platform. These enhancements will present customers with peace of thoughts as they work together with the ecosystem and take part within the varied video games and actions supplied by the platform.
- Future Upgradeability: One of the vital important options of the GALA v2 token is its built-in upgradeability. This can allow Gala Video games to repeatedly evolve and adapt to the altering wants of the blockchain gaming business, guaranteeing that the platform stays on the forefront of innovation and affords the absolute best expertise for its customers.
This improve paves the way in which for thrilling new developments within the Gala Video games ecosystem, together with the upcoming launch of extremely anticipated video games equivalent to Mirandus and Fortified: Homecoming.
With a rising library of titles, an increasing neighborhood, and a robust deal with innovation, Gala Video games is poised to make a major impression on the blockchain gaming business.
That stated the GALA token’s value is down 94% from its all-time-high in November 2021, though it’s up 21% up to now two weeks.
Because the Could fifteenth airdrop approaches, Gala Video games is actively participating with its neighborhood and offering sources to make sure a easy transition. Discover out extra at Gala’s Medium post.