TRON to launch a $100 million gaming fund on blockchain
Along the next three years, TRON Arcade will receive investment worth $100 million. The main aim of TRON Arcade is to “empower developers”.
Similar to acquiring BitTorrent, the TRON Arcade will be a long term commitment for the foundation.
Justin Sun, CEO of TRON says that this launch will play a crucial role in expanding the firm’s road to acclaim.
“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,” said Sun
He also went on to say that by introducing an open and transparent technology based out on blockchain, TRON will assure to fix already existing issues faced by the gaming industry.
As usual, Justin Sun compared attributes such as transaction speed with that of Ethereum (ETH), which has become a common theme in its publicity.
As cryptocurrency prices plumetted last week, Sun wrote on social media in attempt to court Ethereum developers on to his platform.
According to a recent report by BC Focus, Justin Sun when asked about his recent post on twitter stating that Ethereum transaction volume will not beat TRON again stated that he tweeted right after TRON’s transaction volume increased more than that of Ethereum’s in its entire history.
His belief that Ethereum wont be able to break TRON’s new record is because Ethereum keeps postponing its upgrade. He also believes that Ethereum cannot change from proof-of-work (PoW) to proof-of-stake (PoS) because Ethereum is made up of conflicts.
While Ethereum’s transaction volume has always hovered around 500k-600k, TRON has already surpassed that to reach a volume that is twice as much.
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