Decentralized gaming, or GameFi, emerges as a notable blockchain application with untapped mass adoption potential. Despite its advantages such as increased control and tangible rewards, centralized gaming still dominates. The global gaming market was valued at $249.55 billion in 2022, projected to grow to $665.77 billion by 2030, while blockchain gaming accounted for just $4.6 billion in 2022, set to reach $65.7 billion by 2027.
Blockchain technology allows players to set rules, engage in voting mechanisms, and earn cryptocurrency from in-game assets. However, adoption has been sluggish due to prioritizing technology over gameplay. Gala Games seeks to change this by enhancing game quality and onboarding for Web3 games. Titles like Town Star and Spider Tanks emphasize competition and cognitive skills, making gameplay engaging.
Upcoming Gala Games titles, such as The Walking Dead: Empires and Last Expedition, promise innovation. Gala NFT Mystery Boxes offer an exciting unboxing experience akin to opening Pokémon cards. Unlike typical NFTs, these boxes run on GalaChain, providing gas-free interactions. Boxes of varying tiers contain NFTs and hidden chests, housing in-game NFTs and cryptocurrency rewards like GALA and SILK tokens. By adding entertainment value and removing adoption barriers, Gala Games aims to propel GameFi's growth.
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