Huobi Global has declared a strategic partnership with Gala Games, a blockchain-based play-to-earn gaming platform.
Huobi announced a partnership with Gala Games to develop the Web3 ecosystem. The two companies will collaborate to invest in and list projects within the Gala ecosystem.
Gala Games enables developers to create play-to-earn crypto and nonfungible token games, which allow players to buy and sell in-game items. Once purchased, these in-game items cannot be modified or deleted by developers without the players’ consent.
Huobi’s collaboration with Gala Games is expected to enhance the former’s Web3 objectives, allowing it to integrate with the Gala layer-1 blockchain to improve the underlying on-chain technology. Jason Brink, who serves as the president of blockchain at Gala Games, has stated that integrating its layer-1 blockchain with major exchanges like Huobi is of utmost importance for achieving the desired level of mass adoption.
Huobi also took to Twitter to announce the partnership with Gala Games, with the community expressing support for the partnership due to the advantages of the layer-1 blockchain.