Huobi Global has announced a strategic partnership with altcoin Gala Games for Web3 development and Layer-1 chain integration.
Justin Sun's Huobi Exchange Collaborates with Altcoin Gala Games for L1 and Web3 Development
Crypto exchange Huobi Global, backed by Tron founder Justin Sun, announced that it has formed a strategic partnership with blockchain-based play-to-win gaming platform Gala Games.
Together, we will cooperate in the investment and listing of high-quality projects, including Layer1 integration, cobranding & community development. pic.twitter.com/LTqy8pXkF3
— Huobi (@HuobiGlobal) March 31, 2023
The companies plan to collaborate on investing and listing top Web3 projects, developing the Web ecosystem, and building community.
Both leading companies will cooperate in investing and listing the best projects in the Gala ecosystem.
In addition, Huobi and Gala Games will support ecosystem building, co-branding, project development and community building.
Gala Games allows developers to create crypto and non-replaceable token (NFT) games that allow players to buy and sell in-game items.
Once these in-game items are purchased by players, it prevents developers from changing or deleting these items without the players' consent.
The partnership with Gala Games will help Huobi further accelerate its Web3 goals and integrate with the Gala Layer-1 blockchain to advance its underlying blockchain technology.
Jason "BitBender" Brink, head of blockchain at Gala Games, said:
“The integration of our Tier 1 blockchain into popular exchanges like Huobi is absolutely crucial to the level of mass adoption we seek.”
GALA tokens have skyrocketed after Gala Games announced that Gala Films is working with celebrities like Dwayne "The Rock" Johnson and Mark Wahlberg.
*Not investment advice.