Categories: News

Ripple invests 100,000,000 dollars to combine blockchain and gaming

Forte, a video game start-up by block chain, teamed up with five developers to harness the technology behind cryptocurrency with the goal of applying it to mobile and computer games.

Ripple joins forces with Forte to enter the gaming field

Strongly touts its new partnership with Hi-Rez Studios, Netmarble, Magmic, nWay and DECA Games, all of which will join the company's existing list of game-creating partners, including Disruptor Beam, Other Ocean and Kongregate. The announcement comes a year after Ripple, which uses its own cryptocurrency – XRP – to power its payment settlement, announced the creation of a fund to promoteintegration of blockchains in the world of video games. The start-up Forte was then allocated a $ 100 million investment from Ripple to evolve in the video game industry.

Strong bet on blockchain technology

According to Forte, blockchain technology has enormous potential. Kaiser Hwang, the company's vice president of marketing, says it will allow players to buy andexchange assets play safely and even unlock new sources of income.

“We firmly believe that blockchain technology is not enough in itself. The actors' experience must accompany it and this is essential to publicize the advantages of blockchain technology. That's why we partner with the best game creators in the world – those who know how to harness cutting edge technology to create engaging, rewarding and innovative gaming experiences for their gaming communities. “

Invest Now

In addition to her partnership with Ripple, Forte is supported by a long series ofinvestors, including a16z crypto, Andreessen Horowitz, Coinbase Ventures, Battery Ventures, 1confirmation and Canaan Partners.

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