One has to commend any blockchain company for trying to explore new boundaries and opportunities. Although most people associate Ripple with finance, the company is trying to branch out a bit. A new $100m fund has been created to merge blockchain technology and video games. With the support of Ripple, this could turn out to be a successful venture, assuming developers show any interest in it.
Ripple’s new Fund Targets Video Games
It is not the first time a company tries to bring blockchain technology to the video gaming industry. In fact, numerous projects already exist in this particular industry. Most of them have not gained much traction outside of blockchain and cryptocurrency enthusiasts, however. Ripple plans to take a slightly different approach and cater to developers directly. The creation of a $100m fund can certainly contribute to that appeal.
The main reason this fund is created is to attract developers willing to “revamp” the gaming industry. More specifically, there is a strong focus on introducing digital…