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TRON announces the fund to guide the adoption of blockchain in games

TRON (TRX) has announced its new plans tense help the gaming industry grow by using blockchain technology. To do this, the blockchain platform has set up a new fund known as "TRON Arcade." The new fund will have $ 100 million and will help its platform be integrated with the gaming industry.

TRON launches a new $ 100 million fund

The TRON Foundation recently launched the new TRON Arcade, a $ 100 million fund for the gaming industry. In a blog post, the foundation wrote that the intention is to build the foundation for a robust blockchain game ecosystem. With this fund, developers will be able to create and execute their ideas and introduce new games in the blockchain space.

The gaming industry has usually embraced the latest technologies such as augmented reality (AR) and virtual reality (VR). With the blockchain technology something similar can happen. TRON is trying to promote the mass adoption of blockchain technology and the gaming industry could help the industry grow.

Blockchain technology offers many advantages such as immutability, security and decentralization. This would allow game developers to create new games and apply innovative solutions.

Justin Sun, founder and CEO of TRON, commented on this problem:

"TRON strives to address the existing problems faced by the gaming industry by exploiting the open, transparent and immutable blockchain technology, and TRON Arcade will play a crucial role in encouraging developers to join our mission and deliver the best blockchain gaming experience to users all over the world. "

One of the other examples of TRON's intentions to take advantage of blockchain technology is the acquisition of BitTorrent. At the start of this year, the TRON Foundation acquired the world's largest peer-to-peer file sharing protocol. With the Atlas project, it will be possible to combine the BitTorrent protocol with blockchain technology.

The Foundation is also expanding into other areas such as charitable organization, business solutions, consumer internet and many others.

TRON is one of the most important blockchain platforms and projects on the market. TRON also launched its mainnet in May of this year and the TRON Virtual Machine in August 2018. This allows developers to connect in a consumer-centric ecosystem that is completely based on blockchain technology.

to know more

At the time of writing this article, TRX is the 10th largest virtual currency on the market. It has a market capitalization of $ 1.15 billion and each TRX currency can be purchased for $ 0.017.

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Are you interested in investing in Tron? You'll want to start with ours Tron price forecasting article as well as our analyst read about the TRX trading in ours Tron Technical analysis.

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