Decentralised internet protocol TRON has announced its plans on launching a Blockchain gaming fund namely “TRON Arcade“.
A whopping 100 million USD investment will be made in the TRON Arcade project in 3 years period. This critical project is aiming to support the developers.
A hundred million US Dollar Blockchain gaming fund will be formed by TRON Arcade
This new development is a part of TRON’s long-term investment plans. They also acquired the file-sharing giant BitTorrent at the beginning of 2018. According to Justin Sun, who is the CEO of the company, TRON Arcade will play a critical role in the ever-expanding popularity of the company. Mr Sun continued with the below explanations:
TRON strives to tackle existing issues faced by the gaming industry by leveraging the open, transparent, and immutability of Blockchain technology. TRON Arcade will play a crucial role in encouraging developers to join in our mission and provide the best Blockchain gaming experience to users around the world.
In one of the previous “TRON Network” presentations, they have emphasised the transaction speed advantages relative to Ethereum network.
TRON founder Justin Sun has already started to market the project in his social media accounts before the corporate announcement. He also targetted the sharply decreasing value of the Ethereum developers and tried to grab the attention to his platform.
— Oracle Times (@oracletimesnews) January 7, 2019
We have been observing the long-term plans of the TRON Team by investing in the diversified sectors with high motivation. Additionally, they are continuously working hard to improve their Blockchain network, and they have already started to pick the fruits of this hard work.
By the interest of the crypto market investors on the TRON’s investments and projects, TRON coin prices are being affected positively.
We have observed proof of this by analysing the increasing trend since the beginning of December 2018. TRON price has appreciated more than the crypto market averages.