Ripple, the company behind the world’s third-largest cryptocurrency by market cap, and Forte, a blockchain-based tech provider, have collectively formed a $100 million fund to support game developers. The move follows Samsung’s support for Enjin, a popular e-gaming platform.
Ripple’s Xpring and Forte Spending Big Time
According to a press release published March 12, Ripple’s developer ecosystem initiative, Xpring, and blockchain tech provider Forte have teamed up on a $100 million fund to support game developers. Per the release, the fund is designated to accelerate the mainstream adoption of blockchain-based technology in gaming.
Moreover, Forte is supposedly targeting game developers which are running live-game economies harboring over 50,000 daily active users, as well as interest in blockchain deployment.
Speaking on the matter of the vast gaming industry and how blockchain technology can be deployed within it, Brett Seyler, Chief Platform Officer at Forte, said:
Blockchain technologies’ key innovations…