$100mln. Blockchain Gaming Fund To Be Launched By Tron
The decentralized Internet protocol TRON revealed plans to embark on the TRON Arcade blockchain gaming fund. TRON Arcade, which the company says is aimed at “empowering developers,” will see a total investment of 100 million dollars over the next three years.
The move is another long-term commitment by TRON, which earlier this year acquired the BitTorrent file-sharing giant. According to TRON CEO Justin Sun, the Arcade “plays an important role” in the growing popularity of the company.
Justin Sun said “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.”
TRON highlighted the characteristics of its network, such as transaction speed versus Ethereum (ETH), in line with what became a common theme in its publicity. Before the company’s announcement, Sun himself continued the PR drive in social media this week in an attempt to bring Ethereum developers to its platform as prices tank.