Gaming is going to be a killer application for blockchain according to Forte’s COO Kent Wakeford, and Tron is not ready to be caught on the negative side of things.
Game Developers Urged to Build Games on Blockchain
During the Game Developer Conference (GDC) held in San Francisco, Forte, a blockchain gaming startup and a partner of Ripple attracted a lot of top game developers who were urged to build games on blockchains such as Tron, EOS, and many others.
According to Forte’s co-founder Kent Wakeford, although games such as Fortnite are making billions in revenue, still, the future for gaming in blockchain is even brighter. He went on to state that gaming is going to be a killer application for blockchain.
Forte has an ambitious project which aims to merge blockchain technology with video games. Besides, it’s not about enabling the next blockchain game but enabling items in the existing games to becoming an asset which consumers can trade among each other.
Subsequently, Tron foundation is ready and preparing its house by building infrastructure, the developer tools as well as the community of developers who will make the vision a reality.
Provenance and Portability through Blockchain
By leveraging blockchain technology for provenance as well as asset portability, Forte visions a market condition whereby all third parties are eliminated, and assets are easily tracked, verified across various owners and the transactions done in a legal as well as transparent manner.
The blockchain smart contracts make it possible whereby a developer sets the rules for trading and also is at liberty to decide premiums. Basically, the objective is taking the challenge as well as complexity from the customers and then making blockchain seamless.
Gaming Drives Revenue
Apart from gaming driving revenue, it’s also engaging. Undoubtedly, gaming represents almost the third significant application for blockchain. Besides, most industries are getting into the industry which makes gaming an exciting sector of the moment.
This shift into gaming perhaps is what Wakeford is referring to be the killer application for blockchain. Further, he states that the fastest growth as per the history is coming from gaming and it has been the leading application from one platform to another driving both engagement and revenue.
Blockchain to some level may be new tech, but will not only be able to transform the existing play but also open up some other new ways of building games as well as creating game economies.
Image courtesy of Pixabay.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.