TRON Announces New Blockchain Gaming Fund

Earlier this week, TRON announced a huge $100 million blockchain gaming development fund which is designed to stimulate game development on the TRON network.

Yesterday, the TRON founder and CEO, Justin Sun went to Twitter to announce the news, in which he said:

Proud to unveil #TRONArcade, our 100 Million USD Game Fund! This new initiative will revolutionize both #gaming and #blockchain industries. Let’s build the next generation of games together! $TRX https://t.co/xl1Ynuminf pic.twitter.com/U5KwZwNcAR

— Justin Sun (@justinsuntron) November 29, 2018

The decentralised application is called TRON Arcade and the new initiative will provide blockchain game developers with funding, technical and business development support and access to TRON’s partnership network.

“TRON is dedicated to accelerating the decentralization of the Internet through blockchain technology and decentralized applications. TRON Arcade will amplify the efforts of the blockchain gaming space to create engaging user experiences that inspire a new generation of players.”

In the eyes of TRON, blockchain gaming has massive potential, as it engages users that are happy to spend money and it taps into the ever growing space that is the crypto industry. Since the mainnet went live, TRON has seen a significant volume of blockchain gambling games to become more and more popular which in turn brought thousands of new accounts onto the TRON network.

At the current time of writing, TRON is in the red after being down by 15 percent over the past day leaving it to be priced at just one cent. This makes TRON the 12th biggest cryptocurrency by market cap.

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