Huobi, a leading virtual asset trading platform, has recently announced a strategic partnership with Gala Games, a web3 games company that offers an ecosystem of play-to-earn crypto and NFT games on the Ethereum blockchain. This partnership aims to accelerate the integration of the Gala Layer-1 blockchain and improve the underlying on-chain technology, paving the way for a more stable and secure Web3 future.
Unique features of Gala Games
One of the unique features of Gala Games is its player ownership concept. Developers can create games that are truly owned by the players, meaning that players can buy and sell in-game items as if they were physical assets. Developers cannot modify or delete those items without the consent of the players. Additionally, Gala Games has worked with other entertainment and music partners, such as DreamWorks, AMC, NBCU, Peter Molyneux, Will Wright, Snoop Dogg, Ice Cube, Kings of Leon and BT, under the Gala brand.
Huobi’s commitment to offering diversified assets
According to a Huobi executive, the partnership with Gala Games is crucial in building a global Web3 gateway, which demands robust technology, sophisticated infrastructure, and strong ecosystem support. Projects built on the Gala ecosystem, such as GameFi and NFT ones, will have a reference to work with to implement proper Web3 infrastructure. Innovative and quality projects in the Gala Games ecosystem will also be considered for investment and listing in Huobi’s commitment to offering high-quality and diversified assets to its users.
Significance of the collaboration
Gala Games President of Blockchain, Jason “BitBender” Brink, expressed the significance of this collaboration, stating that the integration of their Layer-1 blockchain into popular exchanges like Huobi is absolutely crucial for the level of mass adoption they are looking for. This partnership empowers tomorrow’s developers to create a more stable and secure Web3 future.
About Gala Games and Huobi
Gala Games is a web3 games company that uses decentralization, player ownership and reward economies to create a revolutionary new way of gaming. With dozens of games on the horizon and several already in various stages of playtesting, Gala Games is quickly becoming the world leaders in own-your-experience gaming.
Huobi, on the other hand, is a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation, and other areas. It serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts is anchored on its three development strategies – “global development, technology drives development, and technology for good”.