Metaverse News

Gala Games Listed On Coinbase, Will UFO Gaming Follow?

Blockchain company, Gala Games, made headlines for listing their crypto token (GALA) on Coinbase. GALA coins can be used to trade, receive, buy, and sell within their respective gaming universes. Players of Gala Games can also own their own NFTs and purchase other in-game assets with the token. With the GameFi sector growing exponentially as of late, one can’t help but wonder if other industry leaders such as UFO Gaming will follow suit.

Gala Games and UFO Gaming both seem to have similar growth narratives. According to CoinGecko, UFO has increased by 15,379% from its launch price of $0.000000350110 to its peak price of $0.00005418. Since its June debut, the company has grown significantly. If this trend continues, UFO can still benefit from a further 8x gain.

What’s more, UFO Gaming’s launch game, Super Galactic (which is set to launch soon), will also have a dedicated NFT Marketplace, where gamers can trade their own characters, weapons, and other in-game items using UFO. Only 10,000 of the first edition NFT characters, also called “Genesis NFTs,” will be minted and available for players. UFO Gaming, similar to Gala, is an independent gaming company, developing games on the Ethereum blockchain. Their token, UFO, is a type of digital currency that can be used within their gaming metaverse, and is used to buy and sell a wide range of in-game assets, some of which include NFTs, and is not currently listed on Coinbase.

Players of UFO Gaming can come together to create their own clans, own and trade virtual land, all within the “Dark Metaverse.” Something that sets UFO Gaming apart from other GameFi projects similar to them includes incredibly ambitious plans. The gaming studio has plans in place to partner with AAA gaming studios and has already accomplished a $1 billion market cap.

(All information was provided by Cision PR Newswire)

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