Gala Games unveils token airdrop with new and improved v2 tokens

Gala Games, one of the leading players in the blockchain gaming industry, has announced plans for an upcoming airdrop event. The event scheduled to take place on May 15 will involve new v2 tokens.

Gala Games launches a token airdrop

The Gala Games team aims to boost the efficiency of its smart contract on Ethereum by giving users an easy experience in the ecosystem. The holders of GALA tokens will obtain the new v2 tokens through a seamless transition.

Every v1 token owned by GALA users will be traded for one v2 token. With this change, the v1 tokens will be deemed obsolete and have no value. The development team behind Gala Games has also adopted better security features for v2 tokens to boost the user experience and bolster security.

The v2 token ecosystem will also come with a token burn feature with the potential to boost the values of these tokens in the future. GALA is one of the top metaverse gaming coins with a market capitalization of $360 million. This platform supports a wide range of games that use the native GALA tokens as the main mode of transaction.

Despite the apparent benefits posed by the v2 tokens, the price of GALA has failed to react to these developments. In the last 24 hours, GALA has dropped by around 8%, trading at $0.0444 at the time of writing.

The in-game asset NFTs used in GALA Games exist on the Ethereum blockchain. This blockchain allows users to trade on leading marketplaces, such as OpenSea. Gala Games has urged the community to allow users to withdraw their GALA tokens from any liquidity pools and smart contracts before the snapshot is taken on May 15.

The team does not guarantee that the GALA tokens held within the liquidity pool contracts will be recovered after the airdrop event. Therefore, users have been urged to secure their tokens by withdrawing them from these contracts before the deadline. Users are also urged to take measures to protect their tokens.

Major step for the Gala Games ecosystem

This gaming platform’s upcoming token upgrade and the airdrop event are major steps forward. The development team is also working towards adopting top-notch security measures, token burn mechanisms, and a smooth transition process for the project.

This upgrade and the airdrop event demonstrate that the Gala ecosystem is headed for significant growth and could be one of the leading platforms in the Web3 gaming industry. The industry is fast-growing and is set for significant gains for the projects offering these services.

The advancement of this platform has shown its dedication to providing users with a secure and pleasurable gaming experience. This airdrop event will empower the existing token holders to capitalize on this upgrade, boosting the overall value proposition for this platform.