Convert and Swap Gala V1 GALA to Indian Rupee INR
GALA/INR: 1 Gala V1 equals ₹3.01 INR
Gala V1 (GALA) is not tradable on Coinbase.
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Last update: 6:09 AM, December 23, 2024
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Gala V1 market latest
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Gala V1 is falling this week.
The current price of Gala V1 is ₹3.01 per GALA. With a circulating supply of 36,589,958,294.98 GALA, it means that Gala V1 has a total market cap of ₹110,483,508,628.57. The amount of Gala V1 traded has fallen by ₹4,613,943,493.49 in the last 24 hours, which is a 23.57% decrease. Additionally, in the last day, ₹19,576,908,922.71 worth of GALA has been traded.
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About Gala V1
GALA is an Ethereum token that powers Gala Games, a platform for blockchain gaming. GALA is used as the medium of exchange between Gala Games participants. For example, it can be used to pay for in-game items.
Gala V1, also known as GALA, is the official ecosystem token of the Gala web3 ecosystem. This ecosystem is powered by a layer-1 blockchain, GalaChain, which was initially designed to support the Gala entertainment ecosystem, including Gala Games, Gala Music, and Gala Film. However, GalaChain has since expanded to welcome external developers and projects from various industries, providing open-source resources to simplify the development process. GALA serves primarily as a utility and gas token for transactions on the blockchain. The core of GalaChain is powered by its DePIN (Decentralized Physical Infrastructure Network) of Founder’s Nodes, whose operators earn daily GALA rewards for actively providing resources to the ecosystem.
Gala V1 operates on the GalaChain, a layer-1 blockchain that powers the Gala ecosystem. Developers can use the GalaChain SDK and Creator Portal to create custom tokens, smart contracts, reward opportunities, and node networks for their communities and projects. The GalaChain is powered by many independent node networks, with the Gala Founder’s Node network at their core. All new GALA entering circulation is distributed daily to active Founder’s Node operators, incentivizing community members to provide computing power to the Gala ecosystem. When GALA is used as gas in the ecosystem, it is burned, reducing the circulating supply.
Gala V1 aims to empower users and creators across multiple industries throughout the world. By leveraging open-source tools like the GalaChain SDK and Creator Portal, developers can extend the benefits of web3 to their users and communities. They can create custom tokens, smart contracts, reward opportunities, and node networks for their communities and projects. Assets built on GalaChain can also be bridged to other blockchains, such as Ethereum and Binance Smart Chain. Furthermore, GALA serves as a utility and gas token for transactions on the blockchain, and is also used as a reward for Founder’s Node operators.
Gala V1 was founded in 2019 by Zynga co-founder Eric Schiermeyer, a leader in the development of social and blockchain gaming. The San Francisco-based company has over 350 full-time employees as of early 2024. Gala V1 was unique in that it did not execute an ICO or other initial issuance event for the GALA token. Instead, new GALA entering the circulating supply is issued exclusively to Founder’s Node operators as rewards for powering the decentralized ecosystem. The company has put extensive resources and development toward building a chain that’s easier to use and more accessible for external development, making it a key player in the web3 world.
How Gala V1 and Indian Rupee differ
Gala V1 (GALA) and the Indian Rupee (INR) are two distinct forms of currency, each with its unique characteristics and uses. GALA is the official ecosystem token of the Gala web3 ecosystem, a layer-1 blockchain-powered platform that supports various entertainment and development sectors. It serves as a utility and gas token for transactions on the blockchain, with its supply controlled by a decentralized network of Founder's Nodes. On the other hand, the INR is a traditional fiat currency issued and regulated by the Reserve Bank of India, used for all forms of transactions within the country. Unlike GALA, which aims to empower users and creators across multiple industries globally through open-source tools, the INR operates within a centralized banking system. Furthermore, while GALA rewards are distributed to active Founder's Node operators, the INR does not offer such incentives. Lastly, the value of GALA is determined by market dynamics in the crypto space, whereas the INR's value is influenced by economic factors such as inflation, interest rates, and public debt.
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GALA to Indian Rupee conversion tables
The exchange rate of Gala V1 is increasing.
The current value of 1 GALA is ₹3.01 INR. In other words, to buy 5 Gala V1, it would cost you ₹15.03 INR. Inversely, ₹1.00 INR would allow you to trade for 0.33 GALA while ₹50.00 INR would convert to 16.64 GALA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 29.05%. Meanwhile, in the last 24 hours, the rate has changed by 2.38%, and that the the highest exchange rate of 1 GALA to Indian Rupee was ₹3.11 INR and the lowest 24 hour value was 1 GALA for ₹2.89 INR. This time last month, the value of 1 GALA was ₹2.66 INR, which is a 12.65% decrease from where it is now. Looking back a year, Gala V1 has changed by ₹2.63 INR.
GALA to INR performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
₹2.94 INR | 2.38% | ₹4.24 INR | -29.05% | ₹2.66 INR | 12.65% | ₹2.63 INR | 10.11% |
GALA to INR
Amount | Today at 6:09 am |
|---|---|
0.5 GALA | ₹1.50 |
1 GALA | ₹3.01 |
5 GALA | ₹15.03 |
10 GALA | ₹30.06 |
50 GALA | ₹150.28 |
100 GALA | ₹300.57 |
500 GALA | ₹1,502.84 |
1,000 GALA | ₹3,005.67 |
INR to GALA
Amount | Today at 6:09 am |
|---|---|
0.5 INR | 0.17 GALA |
1 INR | 0.33 GALA |
5 INR | 1.66 GALA |
10 INR | 3.33 GALA |
50 INR | 16.64 GALA |
100 INR | 33.27 GALA |
500 INR | 166.35 GALA |
1,000 INR | 332.70 GALA |
Today vs. 24 hours ago
Amount | Today at 6:09 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 GALA | ₹1.50 | ₹1.47 | +2.46% |
1 GALA | ₹3.01 | ₹2.93 | +2.46% |
5 GALA | ₹15.03 | ₹14.67 | +2.46% |
10 GALA | ₹30.06 | ₹29.33 | +2.46% |
50 GALA | ₹150.28 | ₹146.67 | +2.46% |
100 GALA | ₹300.57 | ₹293.35 | +2.46% |
500 GALA | ₹1,502.84 | ₹1,466.73 | +2.46% |
1,000 GALA | ₹3,005.67 | ₹2,933.45 | +2.46% |
Today vs. 1 month ago
Amount | Today at 6:09 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 GALA | ₹1.50 | ₹1.33 | +12.74% |
1 GALA | ₹3.01 | ₹2.67 | +12.74% |
5 GALA | ₹15.03 | ₹13.33 | +12.74% |
10 GALA | ₹30.06 | ₹26.66 | +12.74% |
50 GALA | ₹150.28 | ₹133.30 | +12.74% |
100 GALA | ₹300.57 | ₹266.60 | +12.74% |
500 GALA | ₹1,502.84 | ₹1,332.99 | +12.74% |
1,000 GALA | ₹3,005.67 | ₹2,665.98 | +12.74% |
Today vs. 1 year ago
Amount | Today at 6:09 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 GALA | ₹1.50 | ₹1.34 | +12.31% |
1 GALA | ₹3.01 | ₹2.68 | +12.31% |
5 GALA | ₹15.03 | ₹13.38 | +12.31% |
10 GALA | ₹30.06 | ₹26.76 | +12.31% |
50 GALA | ₹150.28 | ₹133.81 | +12.31% |
100 GALA | ₹300.57 | ₹267.63 | +12.31% |
500 GALA | ₹1,502.84 | ₹1,338.14 | +12.31% |
1,000 GALA | ₹3,005.67 | ₹2,676.28 | +12.31% |
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