Ripple provides $100 million in funding for blockchain gaming developers

by Osiris Team


Posted on March 13, 2019, 1:59 p.m.
Development
Time to read: 1 min
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Ripple's Xpring today announced it is partnering with blockchain gaming platform startup Forte by providing $100 million for investment in blockchain gaming developers.

The young startup was only first announced in February and is led by Kevin Chou, formerly in charge of mobile gaming and esports at Kabam. Forte's leadership roster is strong, featuring former GarageGames and Unity GM Brett Seyler, Kabam employees Kent Wakeford and Weiwei Geng, and tech VC Mahesh Vellanki.

At launch, Chou said of blockchain gaming, "The microtransaction-driven game industry has matured and consolidated, and as a result innovation has grown stagnant. Blockchain technology offers new growth vectors and an opportunity to do things differently."


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