Gala Games (GALA) to invest $5b for NFT expansion efforts

In a big bid to expand the NFT ecosystem, blockchain gaming studio Gala Games (GALA) on Monday confirmed that it will invest $5 billion within the next year.

Gala Games’ President of Blockchain Jason Brink confirmed that out of $5 billion, $2 billion will go into gaming, $1 billion will be allocated for the studio’s music ambitions as well as $1 billion will go for movies. Meanwhile, Gala theme park NFTs will bag the remaining $1 billion.