The Visionary Behind Gala Games: From MySpace to Blockchain Gaming

Eric Schiermeyer didn’t just jump into crypto—he spent decades building the digital gaming landscape. As CEO of Gala Games, founded in 2019 alongside Michael McCarthy, Schiermeyer brought serious pedigree to the blockchain gaming space. His journey started in the early 2000s helping establish MySpace, the social media giant that changed how people connected online. By 2007, he was already reshaping gaming through Zynga, the company that turned casual gaming into a cultural phenomenon with hits like Zynga Poker and Farmville.

Strategic Leadership Driving Blockchain Gaming Forward

What makes Schiermeyer’s move to blockchain gaming significant? It’s the convergence of experience. McCarthy, serving as President of Games, brings over two decades of gaming industry leadership, having worked at legendary studios like Interplay Entertainment and Troika Games before teaming up with Schiermeyer at Zynga, where he directed creative vision. Together, they recognized gaming’s next frontier.

The $100 Million Bet on Blockchain Gaming

In December 2021, Gala Games made a bold move—partnering with C² Ventures to launch a $100 million fund dedicated to accelerating blockchain gaming development. This wasn’t just about funding; it was a clear signal that blockchain gaming had entered the mainstream. The fund targets game developers and emerging blockchain-based projects, fueling innovation across the sector.

GALA’s Unique Token Economics

The GALA token distribution model reflects thoughtful design. Tokens are allocated daily on a yearly halving schedule—meaning every year, daily token distribution gets cut in half. This creates deflationary pressure over time. The tokens are split equally between Founder’s Node operators and the Gala Games Conservatorship, distributing value across the community rather than concentrating it.

This structure demonstrates how Eric Schiermeyer and his team are building sustainable mechanisms for blockchain gaming, applying lessons learned from traditional gaming to create a model that rewards both operators and governance participants.