The crypto market is a diverse place that offers everyone a chance to explore themselves and their development skills. There are all kinds of developers out there, people developing a new cryptocurrency, programmers working on blockchain technology and maintaining it from day to day, others working on non-fungible tokens, and amid all this, a new discipline has also been introduced, which is ‘play to earn gaming.’ All those years long gaming has always been about joining at a platform and playing together but not earning any potential reward and ending up paying the dedicated game or developers to buy new items within it for the sake of leveling up and progressing further.
Decentralization and, moreover, the ‘play to earn gaming’ platforms are about to change it altogether. Decentralization is all about giving the reins of control to the end-user. If a decentralized social media ever comes out then, it will be the users who would be in charge of its revenue and placing ads and running advertisements and not the conglomerates which have been doing it all until now.
Gaming Altcoin
A new gaming altcoin which is built on top of Ethereum, now sees a consistent increase in adoption, especially after it got listed on the most prestigious crypto exchange out there, Coinbase. Gala was added to the Coinbase professional trading platform for trading, and it saw a sudden increase in terms of new users joining up and wanting to trade this specific digital asset. It has soared all the way from 0.11 dollars to 0.45 dollars on Sunday, seeing a roughly 309% increase overall.
This new platform will be used for the sake of hosting multiple games, which would allow players to earn rewards while they continue to play and level up. They could either use these rewards to buy items within the game or cash them out if they need to. This coin is relatively a newcomer, but given the overall adoption, it is seeing it seems that many other similar projects will be launched in the upcoming future, putting control back into the hands of the end-user.
