{"id":7378,"date":"2023-05-20T14:22:41","date_gmt":"2023-05-20T14:22:41","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/05\/20\/gala-token-v2-and-gala-games-token-burn-play-to-earn\/"},"modified":"2023-05-20T14:22:41","modified_gmt":"2023-05-20T14:22:41","slug":"gala-token-v2-and-gala-games-token-burn-play-to-earn","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/05\/20\/gala-token-v2-and-gala-games-token-burn-play-to-earn\/","title":{"rendered":"GALA Token V2 and Gala Games Token Burn – Play to Earn"},"content":{"rendered":"

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Gala Games completed their GALA token migration. This moves the token to a new contract which will be more compatible with Gala Games\u2019 plans for the future, and with their upcoming GRYI blockchain. Along the way, the team also decided to burn over 20 billion tokens, severely reducing the number of tokens they control!<\/strong><\/p>\n

If you had your GALA tokens on an exchange or in your wallet, then then transition should be a seamless experience for you (though apparently there is still some issue with Coinbase). If you hold GALA v1 tokens in an LP pool, then you missed your chance to withdraw them and are now stuck with useless tokens! <\/p>\n

The address for GALA v2 is 0xd1d2eb1b1e90b638588728b4130137d262c87cae<\/em>. You can use this in Metamask to see your tokens, and in decentralized exchanges to make token swaps.<\/p>\n

But moving forward, Gala wants to bring more utility and value to their GALA token. They have already announced that GALA token will be the underlying currency on the Gala blockchain (GYRI), used to pay transaction fees. They also recently dumped their TOWN token<\/a> for the Town Star game in favor of using GALA instead.<\/p>\n

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