TRON announced plans to launch a fund for developers of Blockchain games TRON Arcade. Over the next three years, $100 million will be invested in it, according to Cointelegraph.
The main goal of the fund will be to support developers of Blockchain games. According to Justin San, CEO of TRON, Arcade will play a key role in further promoting the company.
“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 the meantime, the TRON rate has been growing steadily for the last few days, at some point rising by 40% over the past seven days. Among the main growth factors is the release of a new version of the Odyssey-v3.2 network protocol. In the description of the release, it says that new software reduces the cost of fulfilling smart contracts, and also solves the problem of simultaneous creation of units by the same witness.
At the time of publication, Tron was trading in the $0.0156 area, having slightly corrected after the peak figure of $0.01614. Cryptocurrency capitalization is $1.098 billion, making it ranked 11th in the CoinMarketCap rating.
Earlier this month, TRON announced the launch of a $ 1million accelerator program to support developers of decentralized applications (DApps) and products based on its protocol.
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