High Density Worlds to Converge with $100 Million USD Blockchain Gaming Fund by TRON
SAN FRANCISCO, CA — In news that perhaps marks the beginning of a new era in the worlds of gaming and Blockchain, TRON has unveiled a new platform that will bridge the two worlds, both known for their heavy compute and accompanying major footprints in data centers. Over the next three years TRON Arcade will sink $100 Million USD into a Blockchain game fund to build the foundation for a robust Blockchain game eco-system.
According to the press release distributed via Medium, the fund’s goal is “empower developers to create and execute on their ideas, to introduce new games and content into an autonomous ecosystem, and to build a strong community of content and entertainment.”
TRON previously made big news with its acquisition of BitTorrent, the largest peer-to-peer file sharing protocol in the world, which it has spun into Project Atlas, an effort to combine the BitTorrent protocol with the power of blockchain to create a token economy that will optimize content distribution and empower content creators.
TRON is diving head-first into the Blockchain gaming world because of three major drivers – it will be high-paying (engaged gamers are willing to pay to play, for a chance to win big with crypto-currency), fast-growing (surging crypto-adoption has brought with it an explosion of potential users) and fill a void in gaming (TRON points to a limited selection of games, and a craving by the community for such functionality).
“TRON strives to tackle existing issues faced by the gaming industry by leveraging the open, transparent, and immutability of 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,” said Justin Sun, Founder and Chief Executive Officer of TRON.
On Twitter, Sun exclaimed “Proud to unveil Tron Arcade, our 100 Million USD Game Fund! This new initiative will revolutionize both gaming and blockchain industries. Let’s build the next generation of games together!”
About TRON: TRON is dedicated to accelerating the decentralization of the Internet through blockchain technology and decentralized applications. The company is one of the world’s leading public chains and following the acquisition of BitTorrent in July 2018, the world’s largest decentralized network. Founded in September 2017, TRON has delivered a series of achievements, including Mainnet launch on May 2018, network independence on June 2018, and TRON Virtual Machine launch on August 2018. TRON is connecting thousands of developers across the world through its consumer-focused ecosystem based on blockchain, cryptocurrency, decentralized applications, and leading peer-to-peer file sharing products.