Gala Games (GALA), one of the important representatives of the crypto money world in the field of gaming, experienced a remarkable price activity. The price of GALA, which was around $0.23 at noon yesterday, reached $0.38 with an increase of approximately 50%. At the time of writing, it is priced at $0.37.
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.
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. Under the leadership of Schiermeyer, popular games such as Zynga Poker, Mafia Wars and Farmville were released. 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.