Cryptocurrency one of the important representatives of the world in the field of play Gala Games (GALA) experienced a remarkable price volatility.
The price of the token, which was around $ 0.023 at noon, reached $ 0.038 with an increase of approximately 50%.
Altcoin Company Gala Games (GALA) Announces Acquisition of a Mobile Gaming Platform
It is estimated that behind the rise is Gala Games’ acquisition of a mobile game studio that it claims has 20 million users. In addition, it is claimed that the total annual revenue of the game studio in question is over $ 100 million.
It is stated that the game studio in question has 15 games that are claimed to be transferred to the GALA ecosystem, and some of them are already downloadable on the Appstore.
The acquired game company is allegedly Ember Entertainment.
Do you want to know more about $GALA‘s pivot to include mobile gamers from across the industry? Here is a writeup from our CEO on exactly that!
More news incoming soon! Join our Discord at https://t.co/qSszqarMri! pic.twitter.com/0Qa8sMnXz1
— Gala Games (@GoGalaGames) January 8, 2023
In the statement made on the official Discord account of Gala Games, it was also announced that the number of games within GALA increased to 53.
In addition, a survey on the burning of all GALA tokens used for purchases made on the platform, in the post made from the Gala Games altcoin official account, was concluded positively.
Gala Games was founded by Eric Schiermeyer. Schiermeyer was the co-founder of Zynga, a popular social and mobile gaming company. Popular games such as Zynga Poker, Mafia Wars and Farmville were released under the leadership of Schiermeyer.
Known for his work at the cutting edge of the gaming world, Schiermeyer founded Gala Games in July 2019 to create a blockchain-based gaming network and give players more ownership over their games, according to his own statement.
*Not investment advice.
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