Huobi Partners with Gala Games for Ecosystem Development
Virtual asset trading platform Huobi has recently announced a strategic partnership with Gala Games, a web3 games company that creates games with decentralization, player ownership, and reward economies. The partnership intends to promote the investment and listing of top Gala ecosystem projects, such as Layer 1 integration, cobranding, project development, and community growth.
👏 Great News!#Huobi is happy to announce a strategic partnership with #Gala Games @GoGalaGames in ecosystem development.— Huobi (@HuobiGlobal) March 31, 2023
Together, we will cooperate in the investment and listing of high-quality projects, including Layer1 integration, cobranding & community development. pic.twitter.com/LTqy8pXkF3
Gala Games Unique Features
One of Gala Games’ unique features is that it enables developers to design games that are truly owned by the players. This implies that in-game items may be bought and sold just like real assets. Developers cannot change or remove specific items without the players’ consent.
Gala Games has collaborated with various entertainment and music partners such as movie studio DreamWorks, AMC, NBCU, renowned developers Peter Molyneux and Will Wright, and music legends such as Snoop Dogg, Ice Cube, Kings of Leon, and BT.
Huobi’s Goal in the Partnership
According to Huobi’s executive, their partnership with Gala Games will accelerate their goal to create a global Web3 gateway. And to achieve this, they need advanced technology, great infrastructure, and a strong ecosystem – which Gala Games can provide.
Moreover, by integrating the Gala Layer-1 blockchain, Huobi will enhance its on-chain technology. They will also consider investing in and listing high-quality projects from Gala Games’ ecosystem on their platform, providing users with diverse and high-quality assets.
Jason “BitBender” Brink, the President of Blockchain at Gala Games, highlighted the significance of the collaboration, noting that integrating their Layer 1 blockchain into widely-used exchanges like Huobi is vital for achieving mass adoption. He stated that this partnership would enable upcoming developers to create a more reliable and secure Web3 future.
About Gala Games and Huobi
Gala Games is a web3 gaming company that develops innovative games through the use of decentralization, player ownership, and incentive structures. Huobi, on the other hand, is a blockchain ecosystem that includes digital asset trading, financial derivatives, wallets, research, investment, and incubation, among other things. It serves millions of users in over 160 nations and regions spread over five continents. Its mission is to supply worldwide crypto enthusiasts with complete services and values.
This partnership is a significant milestone in the development of the Web3 ecosystem. With this partnership, both parties aim to build a more stable and secure Web3 future by accelerating the process of building a global Web3 gateway. This partnership also promotes innovation and quality projects in the Gala Games ecosystem, providing diversified assets to Huobi’s users. It is exciting to see the potential impact of this partnership on the gaming industry and the future of Web3.