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Ripple-Backed Startup Pushing to Bring XRP to $140 Billion Gaming Industry Announces Slew of Partnerships


Ripple-backed Forte is revealing a slew of new partnerships in its push to bring blockchain technology and XRP to the $140 billion video game industry.

According to a press release, Forte has partnered with Gallium Studios, Monster Ideas, Penrose and GC Turbo. The partners will use Forte’s blockchain-based technology to allow gamers to manage and control in-game assets and economies.


“Together, Forte and its portfolio of developer partners are exploring, validating, and integrating new gameplay and economic designs in both existing and future games.

Some enhance popular gameplay mechanics like earning in-game cosmetics and player rewards. Others explore more radical concepts such as guild ownership and governance, in-game services offered by players to other players, and community-generated experiences.”

Ripple partnered with Forte back in March of 2019, creating a $100 million fund to fuel the development of games that incorporate the Interledger Protocol (ILP) with XRP serving as a base pair settlement.

Forte’s co-founder and chief operating officer Kent Wakeford says the company’s platform is designed to let gamers buy and sell non-fungible tokens (NFTs) using XRP.

Forte is open to working with any developer building on blockchain, including the smart contract platforms Ethereum (ETH), EOS and Tron (TRX).


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Source: https://dailyhodl.com/2020/11/23/ripple-backed-startup-pushing-to-bring-xrp-to-140-billion-gaming-industry-announces-slew-of-partnerships/

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