Gala (GALA)

$ 0.013040000000000000

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Description

What is Gala Crypto Currency? Gala is a novel cryptocurrency coin created by the Gala Network. Gala operates as a large scale Decentralized Autonomous Organization (DAO) that is powered by the GALA Token. Who Founded It? Gala is the brainchild of four blockchain entrepreneurs: Alan Li, Alex Vazquez, Guillaume Ballet, and Richard Wang. The four founders are based in Europe and Asia, and they have strong experience in blockchain, cryptography and software engineering. What Makes it Unique? Gala is a unique currency because it utilizes both a mining system and also a staking system. Unlike other digital coins, Gala users earn GALA not only by mining new coins, but also by supporting the network with their stake, preventing double-spend attempts, and providing enhanced security for the Gala blockchain. Where is it Used? Gala can be used to make purchases at a growing list of retailers and services that accept it. It can also be used to purchase goods and services from the Gala Network, including a range of applications and services developed by the developers. It is also used for payments for its services, namely, registration and transactions on the Gala Network. Where to Buy/Sell? Gala can be bought and sold on a variety of crypto currency exchanges. Currently, it is listed on exchanges such as Bittrex, HitBTC, and CoinMarketCap. It is also possible to purchase GALA directly from the Gala Network, where it is available in different versions of fiat currencies.