Apart from cryptocurrency and finance, blockchain is completely disrupting the gaming industry. The world has started finding out the advantages of this emerging tech to take the eSports industry to the next level.
After BitTorrent acquisition, TRON has opened a new investment fund – this time for video games.
TRON, one of the most popular dApp platforms, is establishing a blockchain game fund named TRON Arcade. The company is looking to invest up to $100 million in gaming projects over the next 3 years, building the foundation for a robust blockchain gaming ecosystem.
In the press release, Justin Sun, the founder and CEO of TRON said:
“TRON strives to tackle existing issues faced by the gaming industry by leveraging the open, transparent, and immutable blockchain technology. TRON Arcade will play a crucial role in encouraging developers to join in our mission and provide the best blockchain gaming experience to users around the world.”
Games are usually the first thing to take off on new platforms. Hence, TRON sees blockchain gaming as high-potential, as it engages users willing to spend money and taps into the high-growth of the crypto industry. Since its MainNet went live, TRON has seen a number of blockchain gambling games take-off in popularity bringing thousands of new accounts onto the TRON network.
In a statement, Sun said:
“Online games have already proved to be the most mature area of traditional internet. In the future, when the internet is decentralized once again, online games will be undoubtedly crucial as well. Through establishing the blockchain game fund, Tron hopes to tackle with the inherent problems in the gaming area using the decentralization, openness, transparency, and immutability features of the blockchain. As a result, players around the world can get the best blockchain gaming experience, and blockchain technologies can be spread. Decentralization of the internet will finally come true.”
TRON is an ambitious project dedicated to the establishment of a truly decentralized Internet and aims to build a worldwide free content entertainment system. It was developed using the Ethereum protocol.
According to coinmarketcap, TRON token (TRX) is currently trading for $0.01575 and has a market capitalisation of $1.04 billion, making it the 12th largest cryptocurrency in the world. TRX consistently handles 2,000 transactions per second.
Link to the original news article can be found here.
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