Tron announced its plans to launch a blockchain gaming fund, dubbed Tron Arcade, in a press release issued on November 29. The Tron Arcade Fund, which was created to "empower developers", will receive $100 million in investments over the next three years.
This is another step by Tron towards creating a decentralized Internet infrastructure. The company, which acquired BitTorrent earlier this year, now hopes to realize its potential and the gaming fund has a role to play in these long-term plans.
To this end, Tron is committed to creating applications on top of its platform and already launched the MainNetnetwork, which can process 2,000 transactions per second. Tron has allowed developers to use smart contracts on its MainNet network with support for multiple languages, including Solidity.
In addition, the BitTorrent file transfer protocol has more than 1 billion users, while BitTorrent and Sun uTorrent have more than 25 million daily active users and 100 million monthly active users.
According to the startup's CEO Justin Sun, online gaming has already established itself as the most mature area of traditional gaming. Internet.
In a future where the internet is more decentralized, online gaming will undoubtedly be critical. Through the creation of a blockchain gaming fund, Tron hopes to address the challenges in the gaming industry by leveraging the blockchain's decentralization, transparency, and immutability features. As a result, players anywhere in the world will be able to get the best gaming experience, and blockchain technologies will become ubiquitous. The decentralization of the internet will finally come to fruition.
Games with blockchain technology will offer unique items, collectibles that will become more valuable, and gamers will have the opportunity to earn items or tokens while they play.
“This will make the world of Ready Player One real,” noted Justin Sun.
You May Also Like
Blockchain can save the world's ecology
A report published at the California Climate Action Summit outlines more than 65 ways blockchain can be used to combat the world's environmental problems. The report states that instead of creating individual applications and companies, developers should create new global platforms to develop “green blockchain systems.”
In Ukraine, the NEM blockchain was tested for elections
The Central Election Commission of Ukraine is testing blockchain technology for possible use in the electronic voting system for elections. According to its director Alexander Stelmakh, the experiment is being carried out jointly with the NEM foundation Ukraine blockchain team.
