TRON CREATES A $100 MILLION BLOCKCHAIN FUND FOR THE GAMING INDUSTRY

Decentralized Internet startup TRON announced a plan to launch a blockchain gaming foundation TRON Arcade to provide new opportunities to developers, the company said in a press release on November 29.

According to a press release, $ 100 million will be invested in the TRON Arcade blockchain fund over the next three years. The head of the startup Justin Sun said that the TRON Arcade Fund will “play a key role” in the development and promotion of the startup:

“TRON is committed to solving the existing problems of the gaming industry using open, transparent and immutable blockchain technology. TRON Arcade will play a key role in encouraging developers to join our mission and offer the best gaming experience to users from all over the world”.

Also, Justin Sun once again noted the high speed of transactions in the TRON network, in comparison with the speed in the Ethereum network, continuing his PR campaign, which he began before the announcement, in social networks, attracting developers against the background of falling prices for the main cryptocurrency assets.

The world of computer games and blockchain is really getting closer: in November, the game startup Margarita de Courcelles Blockade Games attracted 833,000 dollars of seed investment to launch the flagship game Neon District, at the beginning of the year, UNICEF launched a new format of charity for gamers called “Game Changers”, and the company behind the popular game CryptoKitties has already attracted 27.85 million dollars.