Tron has been flooding the Blockchain industry with amazing products this year and it seems to be doing more. This time, the company is sinking $100 million into blockchain games, with its own gaming fund called Tron Arcade.
This development was included in a press release as reported by Cointelegraph earlier today 29 November 2018. The company’s founder and CEO of BitTorrent Justin Sun, said the move is in a bid to further increase the company’s existing popularity and fame.
According to plan, the investment is to be carried out over a period of three years and is expected to encourage developers to join the company to bring it closer to achieving its goal of becoming the best blockchain gaming platform in the world.
Tron is a blockchain company that has the sole goal of decentralizing the web to enable easy content sharing. This is the reason the company acquired BitTorrent earlier this year and it is advancing really fast in its purpose. The company which started on the Ethereum blockchain is now a constant rival and Sun longs to see the company surpass Ethereum in everything
Tron’s token TRX has seen major price gains in the last 24 hours following market recovery after the bloody bearish trends in the last two weeks. The asset has recorded incredible transaction volume that has left many wondering how it got there.
The success, however, may be easily attributed to the several products the company is launching on the market almost on a daily basis. Just days ago, it became the first company to be listed on Binance Gold Project.
It seems Sun knows what the world wants and is ready to give it to them because the world is full of game lovers and with Tron’s existing popularity, it is only a matter of time before Tron’s blockchain transaction volume hits the roof due to an influx of gamers all over the globe.
Sun still has big expectations for the company for the year 2018. Just yesterday, he said the company is expecting a 400% growth in the dapps on its blockchain, noting that it has already built 20 dapps since the launch of Tron Virtual Machine (TVM) only three months ago.