| Founded | 2019 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Gaming |
| Total raised | $100M+ |
| Collapse type | Fraud Explosion |
| Founder | Eric Schiermeyer, Wright Thurston |
Gala Games
"The blockchain gaming platform reached $7B market cap then was torn apart by a $130M insider exploit and co-founder war"
Sudden collapse triggered by fraud exposure
Key Events Timeline
Gala Games was a blockchain gaming platform founded by Eric Schiermeyer (co-founder of Zynga) in 2019, building NFT-based games including Town Star and Spider Tanks.
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