Market Cap: $2.9697T 0.200%
Volume(24h): $65.9065B -38.030%
  • Market Cap: $2.9697T 0.200%
  • Volume(24h): $65.9065B -38.030%
  • Fear & Greed Index:
  • Market Cap: $2.9697T 0.200%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$94909.036719 USD

1.86%

ethereum
ethereum

$1805.287443 USD

3.16%

tether
tether

$1.000610 USD

0.02%

xrp
xrp

$2.192939 USD

0.69%

bnb
bnb

$602.949957 USD

0.43%

solana
solana

$151.863311 USD

0.35%

usd-coin
usd-coin

$1.000031 USD

0.01%

dogecoin
dogecoin

$0.187217 USD

4.41%

cardano
cardano

$0.723513 USD

2.30%

tron
tron

$0.243207 USD

-0.10%

sui
sui

$3.617348 USD

8.73%

chainlink
chainlink

$15.150138 USD

2.18%

avalanche
avalanche

$22.760275 USD

3.89%

stellar
stellar

$0.289607 USD

4.92%

shiba-inu
shiba-inu

$0.000015 USD

6.88%

Cryptocurrency News Articles

Gala Games Becomes the First Crypto Gaming Company to Partner with the White House

Apr 27, 2025 at 01:47 am

Gaming tokens have seemingly been on the sidelines since the 2021 crypto boom. In fact, data from SoSoValue shows that they were the worst-performing crypto basket

Gala Games Becomes the First Crypto Gaming Company to Partner with the White House

Gaming tokens have seemingly been on the sidelines since the 2021 crypto boom. In fact, data from SoSoValue shows that they were the worst-performing crypto basket over the last 12-month period, enduring a 62% drop in the period, compared to a 174% rise on PayFi tokens.

However, under the Trump administration's crypto-friendly stance, it might be changing.

Gala Games—a blockchain-based gaming platform—says it became the first crypto gaming company to partner with the White House, bringing a Web3 game Easter Egg Hunt to the 2024 Easter Egg Roll. White House official X's account also mentioned on the social media platform about the tie-up amid a plethora of other collaborations with tech giants.

Shoutout to @GoGalaGames for designing the Digital White House Egg Hunt Game! A modern touch on a timeless tradition that kept kids engaged! 🎮🔍 #WHEasterEggRoll pic.twitter.com/NdKnI4rUtF

— White House (@WhiteHouse) April 1, 2024

The effort aimed to introduce blockchain to families without overwhelming them.

The game, hosted at easter.gala.games, offered a “free and simple” experience where players collected virtual eggs to win unique non-fungible tokens (NFTs) stored on GalaChain, Gala's proprietary Layer 1 blockchain, the company said in an announcement shared with CoinDesk.

Players were able to log in, explore, and collect eggs without needing a crypto wallet experience, Gala Games said. Every NFT reward was stored on GalaChain, hinting at future use across Gala’s entertainment projects, including Gala Music and Gala Film.

The Web3 gaming firm told CoinDesk that over 300,000 games have been played since the event launched, with about 100,000 new accounts created. Roughly 17% of participants went on to explore Gala's other projects, suggesting real user engagement beyond the Easter event.

The project, founded in 2019 by Zynga co-founder Eric Schiermeyer, has been laying the groundwork for broader adoption through partnerships with DreamWorks Animation, NBCUniversal, and collaborations with artists like Snoop Dogg. Earlier this month, Gala Film announced a partnership with LG Electronics to bring Web3 entertainment to TVs, and the company hinted it is working with a government agency on transparency efforts.

Industry reaction

The Easter game marks a real-world test for the project and the broader GameFi sector.

When asked about the lead-up to the event, Schiermeyer shared that the project has been focusing on the high-level tie-up. "We have a team dedicated to government outreach," he said. "I also spent time at Mar-a-Lago and spoke with the President. But mainly we wanted to help make the event more fun, and I think that sentiment was well received."

Industry reactions were mixed. Some praised the visibility, while others pointed out that more work is needed for the mass adoption of the GameFi industry.

Jack O'Holleran, CEO of SKALE Labs, told CoinDesk that GameFi has never stopped expanding, but its issue has been visibility instead. The technology, on top of that, has matured. "In the past, you needed to manage your own crypto wallets and pay high gas fees just to play," he said. "Now, gas-free blockchains and seamless onboarding remove those barriers."

“Functional values and utility that blockchain brings to gaming cannot be suppressed for much longer," he added.

Still, a broader adoption of the GameFi sector will require further meaningful collaboration with mainstream gaming outlets. This could potentially open the “floodgates,” O’Holleran added, as player bases for the traditional gaming sector are far beyond the crypto sector’s user count. If so, the “floodgates will be open.”

Meanwhile, Mitja Goroshevsky, co-founder of Gosh, praised the visibility of Gala Games and the GameFi sector via the White House tie-up but warned that the industry must still solve its identity crisis.

"It’s caught between being about gaming and being about trading," he said.

"Until blockchain games introduce fundamentally new experiences, government partnerships alone won't drive mass adoption."

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 27, 2025