TRON Arcade to Partner with $30 Million Blockchain Venture Fund Gumi Cryptos
TRON Arcade, which is an investment branch in the gaming world for TRON, recently announced that it would work with Gumi Cryptos. Gumi Cryptos is a $30 million crypto venture fund. In this partnership, they will co-invest in projects in the blockchain world to transform the gaming industry. The partnership will leverage the experience of each team in the blockchain and gaming world.
What The Leadership Team Had To Say
According to the MD of Gumi Cryptos Ray Zhang, games often adopt new technology quite fast. While the Gumi Cryptos is not purely designed to fund gaming, they are happy to work with TRON Arcade. Through the partnership, they will invest in startups that could benefit from their Japan entry services and networks in gaming. Besides that, they will also look for projects that could benefit the most from TRON and their connections.
The TRON Head of Business Development Roy Liu also had something to say about the deal and its impact on the blockchain and gaming. He noted that its awesome to see gumi, a leader in traditional gaming having an interest in blockchain gaming. He said that both companies had a belief that the gaming world would be the next area of adoption for this tech.
He noted there was a good chance a blockchain game was what would lead to the mass-market adoption everyone wanted. In the deal, TRON Arcade will let developer expand their imagination and create the games of the future. He said that TRON Arcade and all their partners would bring their networks, expertise, and resources to bear. This is in a bid to find better use cases for the blockchain tech.
About Gumi Cryptos
This blockchain venture fund was created by Gumi Inc. Gumi Inc is a major company in the mobile gaming world, playing the role of a developer and publisher. The venture fund has a dedication to investing in crypto and blockchain tech companies throughout the world. It offers its partners a strategic capital investment partner. As part of the deal, partners get access to the Japanese crypto market via their management board and a network of investors.
About TRON Arcade
TRON Arcade is a $100 million game fun that was launched by TRON. The plan is to invest the $100 million in the next three years. It aims to create a strong foundation for blockchain gaming. This fund will empower developers so that they can create their idea and execute them. Its main goal is to have new content and games introduced in the autonomous ecosystem and create a community driven by entertainment and content.
This $100 million investment is a bold move by TRON. The aim is to lead the effort in mass adoption of the blockchain. However, TRON is not just expanding into gaming. It is targeting other industries such as enterprise solutions, consumer internet, entertainment, social media, charity, the decentralized internet. They also hope to usher in the world of the Web 3.0, which will essentially decentralize power online.