X

How to Buy the Games for a Living (GFAL) Token: A Beginner’s Guide

Are you ready to explore the exciting crypto gaming world with Games for a Living (GFAL)? This beginner-friendly guide offers a simple way to purchase this revolutionary token and unlock a new era of gaming experiences.

Discover secure and accessible options for buying GFAL on centralized and decentralized exchanges and a step-by-step process to make your first purchase smooth and seamless.

As of October 12, 2023, GFAL’s circulating supply exceeds 50 billion tokens, with a total market capitalization surpassing $10 million.

Whether you’re a seasoned crypto enthusiast or just starting on your digital journey, this guide provides everything you need to jumpstart your GFAL adventure and be a part of the future of gaming!

What is Games for a Living?

Games for a Living (GFAL), founded by seasoned industry specialists, is at the forefront of game creation and publishing. Using cutting-edge technology, it creates creative, engaging, and timeless experiences. 

GFAL hopes to change the future of gaming by mixing creativity and cutting-edge technology. Its inventions are meant to inspire, fascinate, resonate throughout generations, and show a dedication to endless enjoyment and deep gaming.

What is GFAL?

$GFAL is the platform’s native currency and utility token for all games. The token is intended to serve as a bridging asset in all operations inside the ecosystem. $GFAL is commonly used in-game and on the marketplace. Users must have $GFAL to mint game assets into NFTs, buy exclusive assets, and trade them. 

The VIP program also provides active $GFAL users with discounted transactions, priority access, and governance powers. Developers can also access the developer portal, game analytics, and live events by holding $GFAL. 

The utility of the $GFAL token grows as the ecosystem matures and more games are produced.

Who are the founders of Games for a Living?

Manel Sort (CEO) was the former FVP and GM of King Barcelona Studio. Trip Hawkins (CSO) is the founder and former CEO of both Electronic Arts and Digital Chocolate. Javier León (Art Director) is an Emmy Award Nominee. 

Christian Gascons (COO) and Marc Tormo (CCO) have Blizzard Entertainment backgrounds. Carlos Blanco and Ernest Sánchez, entrepreneurial leaders in new technologies with numerous achievements, joined them in founding Games for a Living in 2021.

The executive team alone has 140 years of experience developing and managing video gaming enterprises.

What Makes Games for a Living Unique?

Games for a Living takes a different approach to Web3 gaming by focusing on quality, accessibility, and reach. They create web3-enabled games with frictionless access, usability, and free-to-play, cross-platform, and localized gaming experiences. 

They use blockchain technology to provide better experiences, verifiable evidence of ownership, asset trading, and new avenues for social interaction and innovative business models. 

Furthermore, they intend to add value to existing gaming models without requiring traditional gamers to embrace web3 mechanics. 

They leverage emerging technology to improve performance and create immersive experiences while maintaining a sense of humor.

How does Games for a Living (GFAL) operate?

In March 2023, GFAL launched its platform utility token, $GFAL. This token is part of the Web3-enabled edition of Elemental Raiders, the platform’s first game, available on the Games for a Living Network. The platform is being created to provide a unique approach to Web3 gaming.

What is the functionality of the $GFAL token?

The $GFAL cryptocurrency uses an incentive mechanism to benefit its user base and is meant to increase network effects. The advantages for $GFAL token holders differ depending on how the token is used on the platform and in the games. The token has a variety of applications, including use in Web3 Game Tools, the Marketplace, and Games for a Living Governance, offering alternatives for both developers and gamers.

Who are the key entities and individuals associated with GFAL?

GFAL was created by people with experience in the gaming and technology industries, including former Activision Blizzard King executives and the creator of Electronic Arts. Individuals with a background in technology and entrepreneurial leadership make up the team.

How does GFAL intend to impact the gaming industry?

GFAL aspires to mainstream Web3 gaming by addressing and resolving difficulties connected to present revenue models in the gaming industry. The platform’s staff and alliances are trying to provide a novel approach to Web3 gaming.

How to Buy Games for a Living (GFAL)

There are two main ways to buy Games for a Living (GFAL):

  1. Through a centralized exchange (CEX)

A centralized exchange is a cryptocurrency exchange run by a single firm. This exchange form is often easier to use and understand than decentralized exchanges. Some popular CEXs that support GFAL include:

  • Binance
  • MEXC Global
  • LBank
  1. Through a decentralized exchange (DEX)

A decentralized exchange is a cryptocurrency exchange not controlled by a single party but runs on a blockchain network. DEXs are typically more complex than CEXs but offer greater anonymity and security. Some popular DEXs that support GFAL include:

  • Uniswap
  • PancakeSwap
  • SushiSwap

Step-by-Step Guide to Buying GFAL on a Centralized Exchange (CEX)

  1. Create an account on a CEX.

Select a reputable CEX that supports GFAL and create an account by providing your email address and a secure password and verifying your identity.

  1. Deposit funds into your account

Transfer funds into your CEX account using supported payment methods like bank transfers or credit/debit cards.

  1. Locate GFAL on the exchange.

Navigate to the trading platform and find GFAL. Identify the desired trading pair, such as GFAL/USDT.

  1. Place a buy order.

Specify the amount of GFAL you want to purchase and choose between a market order (buy at the current market price) or a limit order (set your desired purchase price).

  1. Store your GFAL securely.

Transfer your GFAL tokens to a secure cryptocurrency wallet once the purchase is complete. Hardware wallets or reputable software wallets provide enhanced security for storing digital assets.

Conclusion

Games for a Living (GFAL) presents an innovative approach to revolutionizing the gaming industry and enhancing the DeFi ecosystem. 

Its unique features, such as its connection to real-world assets and the growth of the DeFi sector, make it an exciting investment opportunity. 

However, it’s crucial to exercise caution, conduct thorough research, and manage risk effectively before investing in GFAL.

FAQs

What is the all-time high GFAL?

The all-time high for Games for a Living (GFAL) occurred on Nov 21, 2023, with the highest price reaching $0.04127825. The current price is -3.66% lower than this peak value.

What is the all-time low for Games for a Living (GFAL)?

Conversely, the all-time low for Games for a Living (GFAL) was recorded on Apr 13, 2023, at $0.00451028. The current price is notably higher, at 781.69% above the all-time low.

What is the market cap of the GFAL token?

Currently, the market capitalization of Games for a Living (GFAL) is $62,817,251, holding the #418 rank on CoinGecko. The market cap is calculated by multiplying the token price with the circulating supply of GFAL tokens, which currently stands at 1.6 billion tokens available for trading on the market.

Antonio K Smith: Antonio is a travel photographer by profession and came across the Crypto world during his profession. Since then his love, knowledge and interest towards the technology have increased. He brings his passion to create in his articles.