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Topic: Huobi Partners with Gala Games on Layer-1 integration and Web3 Ecosystem Develop (Read 84 times)

legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
Well some bad news for Justin Sun and Huobi now called HTX. He has said that the exchange was hacked for 5,000 Ethereum.
But it does not matter he says. And it is still running normally.
https://news.bitcoin.com/tron-founder-justin-sun-says-htx-exchange-hacked-loses-5000-eth/
member
Activity: 280
Merit: 10
Keseoma I am on your side, I was about to say the exact same, if there is a way j can warn the Gala team about this Justin Sun believe me I would because I am also an investor of gala games, I am not even sure that the team will listen to me but anyway, I am dumping all my altcoins in next bull market, no long term plan for altcoins, only Bitcoin.
member
Activity: 120
Merit: 25
No Huobi anymore after dominated by Justin Sun

This guy is a ripper, never trust the project launched on Huobi anymore!

I think it's important here to make an informed and objective decision based on facts and evidence rather than rumors or personal prejudice. While it's understandable to be wary of a project after a negative experience with a particular exchange, it's important to weigh each project on its own merits and not make an overarching judgement.

I think Huobi's partnerships with leading organizations have demonstrated a commitment to broaden the adoption and development of Web3 technologies. Additionally, the partnership with Gala Games demonstrates continued interest in layer-1 integration and ecosystem development. As with any investment, it's important to do due diligence and make decisions based on a thorough analysis of the project, its team, and its potential for growth and success.
member
Activity: 495
Merit: 15
No Huobi anymore after dominated by Justin Sun

This guy is a ripper, never trust the project launched on Huobi anymore!
newbie
Activity: 138
Merit: 0
Singapore / March 31, 2023 / Huobi, the virtual asset trading platform, announced a strategic partnership with Gala Games in Web3 ecosystem development. It is a platform that offers an ecosystem of play-to-earn crypto and non-fungible token (NFT) games across genres on the Ethereum blockchain. Both parties aim to cooperate in the investment and listing of top projects in the Gala ecosystem and will also join hands in terms of ecosystem building, co-branding, project development and community building.

One of the unique features of Gala Games is that it allows developers to create games that are truly owned by the players. This means that players can buy and sell in-game items as if they were physical assets. Developers cannot modify or delete those items without the consent of the players. Under the Gala brand, the company has also worked with other Entertainment and Music partners such as movie studio DreamWorks, AMC, NBCU, legendary game developers Peter Molyneux and Will Wright, as well as music greats like Snoop Dogg, Ice Cube, Kings of Leon and BT.

A Huobi executive stated, “Building a global Web3 gateway is a crucial long-term goal that demands robust technology, sophisticated infrastructure, and strong ecosystem support. The partnership with Gala Games will accelerate this process and the integration of the Gala Layer-1 blockchain will improve the underlying on-chain technology. Projects built on the Gala ecosystem, such as GameFi and NFT ones, will have a reference to work with in order to implement the proper Web3 infrastructure. Innovative and quality projects in the Gala Games ecosystem will also be considered for investment and listing in our commitment to offer high-quality and diversified assets to our users."

Gala Games President of Blockchain, Jason "BitBender" Brink, expressed the significance of this collaboration, stating, "Integration of our layer 1 blockchain into popular exchanges like Huobi is absolutely crucial with the level of mass adoption we’re looking for. This partnership empowers tomorrow's developers to create a more stable and secure Web3 future.”

About Gala Games:

Gala Games is a web3 games company that uses decentralization, player ownership and reward economies to create a revolutionary new way of gaming. With dozens of games on the horizon and several already in various stages of playtesting, Gala Games is quickly becoming the world leaders in own-your-experience gaming. Learn more at Gala.com.

About Huobi

Founded in 2013, Huobi has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. Huobi serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" - underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.

Contact Details
Huobi PR team

[email protected]

Company Website
https://www.huobi.com/

View source version on newsdirect.com: https://newsdirect.com/news/huobi-partners-with-gala-games-on-layer-1-integration-and-web3-ecosystem-development-431662838
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