Partnership with Gala Games, Animoca Brands Receives GALA Tokens!

2024-07-03

Animoca Brands and Gala Games.png

BittimeAnimoca Brands announced a collaboration with Gala Games to enhance the $GALA token user experience and strengthen the fast-growing blockchain ecosystem. Animoca Brands will receive $GALA tokens from the Gala Games treasury to provide liquidity services, thereby smoothing $GALA token trading.

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Liquidity Support from Animoca Brands

This partnership is an initiative from Gala Games and Animoca Brands to increase the efficiency and stability of $GALA token trading. With Animoca Brands providing liquidity services, users can enjoy a more orderly and reliable trading process. This is important to minimize price volatility and increase user confidence in the $GALA token.

Animoca Brands, which already operates Gala's 9 founding nodes, also plans to become a GalaChain validator node. This step shows Animoca Brands' commitment to continuing to support and strengthen the Gala Games blockchain infrastructure.

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Roles of Animoca Brands in the Gala Games Ecosystem

As the operator of several of Gala's founding nodes, Animoca Brands has an important role in the Gala Games ecosystem. These nodes help in validating transactions and maintaining network security. With the additional role as a liquidity service provider, Animoca Brands will further support the stability and growth of the Gala Games ecosystem.

This collaboration also reflects the high level of trust between the two companies, as well as a shared commitment to improving user experience and strengthening the adoption of blockchain technology in the digital gaming industry. 

By providing sufficient liquidity, Animoca Brands helps ensure that users can easily buy, sell, and use $GALA tokens without significant obstacles.

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GalaChain Validator Node

Animoca Brands doesn't just stop at providing liquidity. The company also plans to take on the role of validator node on GalaChain, Gala Games' blockchain network. 

By becoming a validator node, Animoca Brands will help ensure the integrity and reliability of the network, which in turn will increase user trust and participation in the Gala Games ecosystem.

The role as a validator node will also allow Animoca Brands to be more involved in network decision-making and contribute to the development of new features and services. This is a strategic move that is in line with Animoca Brands' long-term vision to become a leader in blockchain innovation and digital gaming technology.

Read also: NFT Investor Animoca Brands Targets IPO in 2025

Positive Impact for Users and Ecosystem

The collaboration between Animoca Brands and Gala Games is expected to bring various benefits to users and the ecosystem as a whole. With better liquidity, users will feel more comfortable and confident in making transactions with $GALA tokens. 

Additionally, greater price stability will encourage more people to join and participate in the Gala Games ecosystem.

For Gala Games, this partnership will help strengthen their position as one of the leaders in the blockchain gaming industry. With support from Animoca Brands, Gala Games can continue to develop innovative features and improve the overall user experience.

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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

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