Gala Games announced this week that it has burned nearly 21 billion GALA tokens, worth more than $637 million, to reduce concerns about a possible "dump and exit" scenario. Gala Games stated: The tokens we hold are what we have earned as ecosystem rewards over the past few years. We know that many consider them to be fundamental risks to a project’s overall token economics. Gala Games said this large-scale token burn will help reduce concerns among holders who may be worried that the company will sell their tokens in large quantities, which may cause the price to drop. Gala Games also stated that the purpose of burning tokens is to ensure the long-term sustainability of the ecosystem, which needs to survive by obtaining rewards from the ecosystem, rather than having a large pile of GALA that can be used at any time#gala #crypto2023