• Gala Games announced the acquisition of Ember Entertainment, which is best known for its Walking Dead: Empires online role-playing game.
• Gala Games also announced that its flagship game, Townstar, would be switching to GALA tokens and all TOWN tokens would be swapped for GALA at a 2:1 ratio.
• Following the announcement, GALA recorded an upside as investors responded positively to the news.
Gala Games, a blockchain-based gaming platform, recently announced some major developments that have investors responding positively. On Monday, the company announced that it had acquired Ember Entertainment, a game company with multiple titles under its wing, including the popular massively multiplayer online role-playing game Walking Dead: Empires.
The acquisition of Ember Entertainment includes not only Walking Dead: Empires, but also their entire portfolio of mobile games, such as Dragon Strike and Meow Match, which are being integrated into the Gala blockchain. In addition, the company also revealed that its flagship game, Townstar, would be switching to using GALA tokens in its ecosystem. All TOWN tokens would be swapped for GALA at a 2:1 ratio, and a burn mechanism will be established as well.
The news of the acquisition and the switch to GALA tokens caused a surge in the price of the digital asset as investors responded positively to the developments. Gala Games had previously announced a new partnership with multiple Hollywood stars and the latest acquisition and leadership decisions further bolstered bullish sentiment among investors.
Gala Games is a blockchain-based gaming platform that seeks to provide a new way of playing games by leveraging the power of blockchain technology. The platform is designed to revolutionize the way users play games and earn rewards, as well as create a new type of virtual economy powered by digital assets. With the acquisition of Ember Entertainment and the switch to GALA tokens, the company is taking further steps towards becoming a leader in the gaming industry.
Overall, the announcement of the acquisition and the switch to GALA tokens caused a surge in the price of the digital asset as investors responded positively to the news. Gala Games is taking further steps towards becoming a leader in the gaming industry, and investors seem to be responding positively to the company’s developments.
