On March 31, Huobi announced the establishment of a strategic partnership with Gala Games in the development of the Web3 ecosystem. It is reported that Gala Games provides a cross-type Play to Earn cryptocurrency and NFT game ecosystem based on Ethereum. The purpose of this cooperation between the two parties is to jointly invest and launch the top projects in the Gala Games ecosystem, and will work together in ecological construction, brand linkage, project development, and community consensus.
As previously reported, Gala Games feature is unique in that it allows developers to create games that truly belong to players. This means that players can buy and sell in-game items like physical assets, and developers cannot modify or delete related items without the players consent. Among other things, Gala has collaborated with world-renowned entertainment companies and music partners such as film studios DreamWorks, AMC and NBCU, legendary game developers Peter Molyneux and Will Wright, as well as Snoop Dogg, Ice Cube, Kings of Leon and BT Wait for the music master.
Huobi said: Building a global Web3 portal is an important long-term development goal of Huobi. The realization of this goal requires solid underlying technology, perfect infrastructure, and rich ecological support. This cooperation with Gala Games will accelerate this process. The integration of the Gala Layer 1 public chain will promote the upgrade of the underlying technology on the chain. The high-quality projects and applications such as GameFi and NFT owned by Gala Ecology will also provide reference for the implementation of Web3 infrastructure. At the same time, it will also promote the iteration of ecology and explore new possibilities of Web3.
Not only that, the relevant person in charge of Huobi also added: In terms of asset management and currency listing, Huobi will also join hands with Gala Games to jointly bring more high-quality assets to users, create multiple user rights and interests, and enable them to enjoy a rich ecosystem. dividend.
Regarding the significance of this cooperation, Gala Games Blockchain President Jason"BitBender"Brink said: Integrating Galas Layer 1 blockchain into a leading exchange like Huobi will play a vital role in the large-scale popularization of our (ecology). This cooperation will give future developers Create a more stable and secure Web3 environment.
About Gala Games
Gala Games is a Web3 gaming company creating a revolutionary new way to play games using decentralization, player ownership and a rewards economy. With dozens of titles on the horizon and several more in various stages of beta, Gala Games is fast becoming a leader in its own immersive games. For more information please visitGala.com
About Huobi
Founded in 2013, Huobi has grown from a cryptocurrency exchange to a comprehensive blockchain business ecosystem, covering digital asset trading, financial derivatives, wallets, research, investment, incubation and other fields. Huobi provides services to millions of users around the world, and its business scope covers more than 160 countries and regions on five continents. Its three development strategies--"Global development, technology promotes development, technology promotes development, supporting Huobis commitment to provide comprehensive services and value for global cryptocurrency enthusiasts.
