Rajarshi Mitra
Independent Analyst
- Xpring, Ripple’s grant network, announced that it is partnering up with Forte, a blockchain gaming platform startup.
- The fund is primarily targeting “game developers operating live game economies with over 50,000 daily active users.”
Xpring, Ripple’s grant network, announced that it is partnering up with Forte, a blockchain gaming platform startup, by providing $100 million for investment in blockchain gaming developers. The fund is primarily targeting “game developers operating live game economies with over 50,000 daily active users.”
The companies’ press release said:
“Blockchain technology has the potential to improve game designs and help developers run better and more successful game economies, but for many developers it’s difficult to develop and deploy. Forte’s platform makes it easy for developers to apply blockchain technology to their games, increasing engagement and monetization with their players."
Regarding the partnership, Ethan Beard, senior vice president of Xpring, said: “We are thrilled to partner with such a world-class team of game industry veterans.”
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