Meet GalaChain: Web3 Entertainment’s Backbone
GalaChain is a Layer 1 blockchain designed to power Gala’s web3 entertainment sector. First known as “Project GYRI,” GalaChain debuted on October 31, 2022, during the launch of Spider Tanks. It later became a cornerstone for Gala Games, Gala Music, and Gala Film. Built on Hyperledger Fabric, the network addresses Ethereum’s high fees and scaling issues, offering faster, cheaper, and more secure transactions. With its native token, $GALA, the chain supports various dApps across gaming and beyond.
The Vision Behind GalaChain
Gala was founded in 2018 by Eric Schiermeyer, a co-founder of Zynga and creator of social gaming hits like Farmville and Words with Friends. Knowing the limitations of web2 platforms, Schiermeyer and his team envisioned a web3 ecosystem that combined ownership, rewards, and decentralization to handle intense gaming demands. GalaChain’s arrival aligns with this mission, making web3 accessible not just for gaming but for music, film, and beyond.
Two Years of Rapid Growth
GalaChain’s journey began with the official release of Spider Tanks. The game showcased the blockchain’s ability to handle real-time, transaction-heavy gameplay. From there, GalaChain quickly expanded its reach. Nearly a dozen applications went live on the chain within six months, including Champions Arena and Common Ground World.
In early 2024, the launch of Gala’s SDK opened GalaChain to builders outside the entertainment sector. NFT Harbor also integrated GalaChain early on, allowing for secure item exchanges before the SDK launch.
Recent Milestones: Paving the Way for Web3 Adoption
Over the last few months, Gala has launched several game-changing updates and partnerships:
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Crypto Exchange Integrations
GalaChain’s integration into major crypto exchanges is set to enhance liquidity and accessibility for $GALA and other assets. This move aligns with Gala’s goal to make blockchain-based asset management seamless for users.
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Native Asset Management
GalaChain’s upcoming updates will eliminate the need to bridge assets to Ethereum. This streamlined process cuts down on fees, reduces complexity, and ensures transactions stay within the GalaChain.
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Tokenized Founder’s Nodes
Founder’s Nodes, the backbone of Gala’s web3 platform, were recently tokenized. This allows users to buy, sell, and transfer their nodes as NFTs. The first successful transfer occurred on NFT Harbor, showcasing the community’s enthusiasm for greater flexibility. Node tokenization also strengthens the network’s governance by ensuring active participation from node operators.
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GalaConnect (Formerly GalaSwap)
GalaSwap’s transformation into GalaConnect marks a leap forward in bridging and account management. With features like cross-chain bridging, status monitoring, and accountless transactions, GalaConnect simplifies user interactions in web3. This update also burns fees to stabilize $GALA’s supply, reinforcing the platform’s economic model.
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Decentralized AI with OSMI
Among GalaChain’s latest projects is OSMI, a decentralized AI platform powered by GPU-based nodes. Unlike many AI systems, OSMI ensures AI development is community-driven and transparent. This venture reflects Gala’s commitment to decentralization beyond entertainment.
A Brand New Future for GalaChain
On October 22, Gala released its Decentralization White Paper, with a four-phase roadmap to make GalaChain fully decentralized. Key highlights include:
- Consensus Upgrade: GalaChain will migrate from the Raft consensus mechanism to Byzantine Fault Tolerance (BFT), boosting security and resilience.
- Global Network Expansion: By geographically distributing network components, GalaChain aims to reduce latency and increase data availability.
- Community Governance: GalaChain Improvement Proposals (GIPs) allow users to shape the blockchain’s development through voting.
- Interoperability: The chain will maintain compatibility with other networks, enabling seamless cross-chain interactions.
These changes align GalaChain with its vision of empowering developers, players, and creators through on-chain governance and scalability.
Beyond Gaming: Expanding GalaChain’s Horizons
While gaming remains a key focus, GalaChain’s versatility has attracted builders from various sectors. The chain supports dApps for finance, healthcare, and supply chain management. Recent updates to GalaConnect and the SDK reinforce this shift, making GalaChain a preferred platform for web3 builders.
Celebrating Community Milestones
The community’s role in GalaChain’s growth cannot be overstated. Projects like NFT Harbor, where Founder’s Nodes were first traded, highlight the platform’s vibrancy. Likewise, dApps like Champions Arena, with its Nexus NFT system for asset rentals, showcase the diverse use cases possible within the GalaChain framework.
OSMI’s AI platform further reflects GalaChain’s potential to reshape industries. By putting AI development in the hands of many, GalaChain ensures ethical and inclusive innovation.
Why GalaChain Stands Out
GalaChain’s design framework centers on speed, security, and scalability. With a transaction capacity of up to 1,500 per second, the chain can handle complex workloads while maintaining low costs. Its native integration with $GALA ensures a seamless ecosystem, while interoperability keeps it future-proof.
What’s more, the on-chain governance model allows users to directly influence the network’s evolution. By empowering its community, GalaChain creates an ecosystem where value flows back to the creators, players, and innovators.
Looking Ahead
The future of GalaChain is bright. Upcoming partnerships with crypto exchanges will boost accessibility, while removing bridging fees will attract more users. The transition to BFT consensus and the launch of GIPs signal a stronger and more decentralized network.
As GalaChain enters its third year, its focus remains clear: to empower users, builders, and creators while setting new standards for web3 innovation. Whether through games like Champions Arena, decentralized AI with OSMI, or enhanced asset management via GalaConnect, GalaChain is poised to lead the next wave of blockchain adoption.
Final Thoughts
From its humble beginnings as “Project GYRI” to its current role as a web3 powerhouse, GalaChain’s journey has been remarkable. As the platform celebrates 2 years of innovation, it continues to reshape how industries interact with blockchain tech. Cheers to the next chapter of GalaChain—a network built for the future, shaped by its community, and ready to transform the world of web3.
