Гаманець для GALA

What is GALA (GALA)?

GALA is the token of Gala Games, a publisher of blockchain games and a music and film platform built around the same ecosystem. Players use it to buy in-game items and NFTs, node operators are paid in it, and it is the fee and settlement unit inside GalaChain, the company's own ledger where the games actually run.

For a holder the important thing is where the token physically sits. The GALA you keep in a wallet is an ERC-20 on Ethereum, and every transfer of it is an Ethereum transaction paid for in ETH. Balances inside Gala's games and on GalaChain are a different thing: to move GALA from Ethereum into a game account you go through Gala's own bridge, and the token then leaves the Ethereum ledger until you bridge it back. A wallet only ever shows the Ethereum side.

Old contract, new contract

GALA has had two Ethereum contracts. The original token was replaced by a new contract, with holders swapping old for new one to one through Gala's migration. The old contract still exists on-chain but is no longer the asset the ecosystem recognizes, so anyone who receives "GALA" from an unfamiliar sender should confirm it is the current contract, not the retired one.

One more source of confusion is the name itself: Galaxy Digital, a publicly traded finance company, has nothing to do with this token despite the similar spelling, and its shares are not a crypto asset at all.

Supported networks in Tangem (1): Ethereum. In the Tangem app GALA appears as a token line under Ethereum, tied to the current contract, with the ETH that pays for its transfers held in the same wallet, so the two things a GALA holder needs to keep together are already together. That is a good fit for a token whose main trap is holding the wrong version of it.