TRON (TRX) Arcade to Break Gaming Industry for Blockchain

According to reports, Blockchain platform TRON (TRX) announced that its plans to implement a $100 million fund called “TRON Arcade.” This will be the network’s newest effort to drive higher adoption and unlock the gaming sector for Blockchain. Up to this point, the Blockchain-powered gaming field has regularly experienced mixed results when it comes to market penetration.  A number of projects have emerged seeking to disrupt the $138 billion industry although retention and adoption have also posed major challenges when you look at the early entrants. TRON (TRX) Price Today – TRX / USD
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Expanding Gaming

The gaming sector has now become arguably one of the fastest-growing sectors in technology. Although Blockchain technology has also followed a similar trajectory, it is yet to crack the or expand the gaming sphere. Blockchain’s technology, although a revolutionary initiative, hasn’t been able to break the shackles placed by its technical constraints.  Scalability, as well as speed, plus the cost of maintaining large games on leading platforms such as Ethereum (ETH) has resulted in many failed efforts. This has forced companies to abandon their Blockchain initiatives in droves. However, TRONs CEO Justin Sun believes the network has the necessary infrastructure to readily address these issues. According to him: “Product-wise we can say we have super-fast Blockchain technology at nearly free cost.” Before this point, TRON (TRX) recently surpassed its record of 1.3 million transactions per second. This broke Ethereum’s record. But the company now has to demonstrate that it has the peaks and magnitude to ensure that the issues affecting the gaming sector are put away. The startup must be able to handle the steady flow of millions and millions of transactions (which is something that many others have promised but yet failed to deliver).

Facilitating Developer Adoption

TRON (TRX) isn’t the first network to recognize the potential of the gaming sector. Decentraland, the Blockchain-based VR ecosystem earlier in the year announced a similar fund. The company pledged about $5 million to facilitate gaming projects built on its platform, giving a real incentive to begin work full-time on Blockchain-based gaming innovation. The TRON (TRX) Arcade overshadows Decentraland’s efforts when you look at the scale and scope. Although it follows in a similar spirit of disruption. The platform hosts a working distributed content system and infrastructure that can support the types of transactions the modern gaming landscape entails. TRON (TRX) has also announced that it has made agreements with at least ten companies to launch the project.

The Potential of the Gaming Industry

Even in this uncertain state, carrying out gaming on the Blockchain has proponents thanks to a number of promising projects and the advent of well-recognized games. Yet, the sector must prove it can tackle the challenges that have affected its wider acceptance and accessibility. Offering these solutions can be conceivable for TRON (TRX). As is the case with the rest of the Blockchain sector, the rules of gaming are yet to be written. TRON (TRX) is looking to dominate the conversation with its TRON Arcade by helping redefine gaming. Even so, this isn’t the first time a top networking has decided to gamble on the Blockchain gaming innovation, and it wouldn’t be the last time should it turn out unsuccessful.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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