Tron Foundation on the opening of TRON Arcade — investment Fund for games on the basis of the blockchain. The volume of investments will amount to $100 million; the Fund will last at least for three years. The company said today in an e-mail list for press; information was confirmed by the head of business development TRON Roy Liu (Roy Liu).
According to the CEO of TRON Justin Suna (Justin Sun), TRON Arcade “will play an important role” to implement the strategy TRON to increase brand awareness. He added:
“TRON is working on the solution of the problems which plagued the gaming industry using open, transparent and immutable blockchain […] TRON Arcade will play an important role in our plan to empower developers to become a part of our mission to provide users worldwide with the most vivid impressions from the blockchain games.”
Roy Liu gave his justification of the interest to the blockchain TRON gaming:
“Our goal is to bring the blockchain to the mass market. Gaming has made smartphones and virtual reality technology more accessible. Today the same thing happens with Baccano”.
He delves into the analogy of the smart phone market, Liu said that in 2007 (i.e. 11 years), the total capitalization of the industry for mobile gaming has grown to $70 billion. He added that a high level of protection and transparency of the blockchain is able to make a revolution in game development and in-game collectible items on the basis of non-fungible tokens will allow players to earn real profits during the passage:
“Before, in-game items had to buy. But now, with the advent of blockchain games, everything changed. You can earn or receive tokens during the game.”
In addition, said Liu, sun hopes to make the games one of the main types of content distributed on the acquired TRON peer-to-peer platform BitTorrent, as soon as its tokenization.
Himself Justin sung said the following:
“Online gaming has long been one of the most Mature sectors of the Internet. In the future when the Internet will become decentralized, online games will retain their value […] As a result, players worldwide will be able to gain so much pleasure from blockchain gaming, and the blockchain technology will increase the scale of distribution. The decentralization of the Internet has finally become a reality.”
TRON itself is also working to increase the volume of its network at the expense of decentralized applications — including games. On Tuesday, Justin soon announced that soon the blockchain TRON will be more than 80 new dApp programs.
