TRON 100 Million USD Game Fund to promote blockchain gaming
Justin Sun who is a protege of Alibaba founder Jack Ma has started a $100m Blockchain gaming fund through his company Tron. Tron has been making a push for decentralized entertainment and this is the next major step in their roadmap. Recently Tron acquired Bittorent and this fund is a continuation of Tron trying to create value for their token (TRX) through entertainment. According to Tron the goal of breaking into gaming is for "immutability, security, the ability to activate decentralization and create more room for imagination in the gaming industry."
This $100 million commitment to advance blockchain gaming on the TRON network will be paid out in installments over the next three years to Blockchain gaming developers. Tron is saying their network offers better transaction speed and network scalability over Ethereum. Tron would like to bring blockchain devs on board to help scale their network and add value to their token. The fund application is live now. https://www.tronarcade.com/
The fund offers distribution, funding, advisory, and partnership opportunities as well as minimum guarantees.