Blockchain and gaming studio Gala Games announces that it will be allocating $5 billion to further its NFT expansion efforts. The Las Vegas-based startup is seeking to increase its stock in the NFT industry, by investing in music, movies, and theme park NFTs.
The plan is to invest $2 billion into gaming, $1 billion into the studio’s music ambitions, $1 into movies, then the remaining $1 billion will be used for Gala theme park NFTs. The price of Gala’s native token GALA is up 10% in the last 24 hours, with the price around $0.35.