Tron is getting behind PlayGame which is one of the world’s fastest-growing direct-to-play platforms based on blockchain technology. Tron is a third generation blockchain project which aims to use its blockchain technology to decentralize the world wide web and create a new content system powered by cryptocurrencies instead of the current central authorities such as YouTube.
PlayGame was founded in June, last year. It aims to help game developers to surmount the obstacles inherent to piracy issues, opaqueness, inefficient distribution and payment calculations.
The platform includes the ability to develop and deploy smart contracts which allow game developers to monetize their work directly from enthusiasts by using digital currency.
And, as usual, the use of blockchain technology guarantees transparency for all the parties involved so that developers and gamers can trust a system in which every action is clean, quick and reliable.
Third generation blockchains (like Tron) have all kinds of use cases, and the gaming industry is among the most obvious ones. Even as you read this, the world’s most active decentralized applications are gaming apps with several thousand users daily and important cash flow.
And cryptonauts are avid gamers as well, so it’s a match made in heaven for both users and developers. Games are also attractive for cryptoverse newcomers because they’re fun to use and easy to learn, so they provide a good way for people to be introduced into blockchain technology without the need for a lot of technical expertise.
In this context, PlayGame’s entrance into the ecosystem shows how vital the gaming market is for the cryptoverse and leads the way for other new projects that combine both gaming with the blockchain.
PlayGame has ambitious plans for growth, and Tron’s investment will facilitate that process. It will help the company to launch its Proof of Play and cryptocurrency payment gateway as well as to expand all over Asia and many other important markets that are crucial when it comes to introducing a new generation of users into blockchain-gaming.
The money will be useful, for sure, but it’s not about financial support only but also about building strategic partnerships with some of the industry’s main players.
Tron is going to spend $100 Million over the next three years (as the Tron Foundation announced recently) in support of the integration of gaming and cryptocurrencies. The fund will create the TRON Arcade to incentivize game developers to come up with new ideas and turn them into code.
Tron believes that gaming is a key ingredient for mass adoption. The developing community will have access to better resources. That means more dApps in the network which, in turn, means more new users.
Tron’s leadership keeps investing a lot of money in promoting the use of blockchain technology to decentralize the web, and it also keeps securing meaningful strategic partnerships which is one of the reasons for which the platform’s token (Tronix or TRX) keeps gaining value. It trades at $0.024176 as we write this, and it’s ranked ninth by market capitalization.
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.
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