Ripple-Backed Blockchain Gaming Fund Forte Partners With Multiple Game Developers


Forte, a new $100 million blockchain game developer platform and fund backed by Ripple, announced today that it has added 5 new developers to its ecosystem: Hi-Rez Studios, Netmarble, Magmic, nWay and DECA Games.

According to the announcement, the developers will now be able to integrate Forte’s open blockchain platform into their games, enabling new in-game economies that allow for play-to-earn opportunities.

Forte fund and platform details. (Forte)

“We’re thrilled to partner with such a diverse group of recognized leaders from the games industry,” said Forte co-founder and CEO Josh Williams. “Their deep knowledge in creating engaging, player-first experiences is essential to informing the innovative game designs and business models of tomorrow, and bringing the benefits of blockchain technology to the mainstream. Together, we’ll work towards building a more open, equitable, and sustainable ecosystem that addresses many of the issues found today in the games industry.”

The Forte platform leverages open-source protocols like Ethereum and Interledger to facilitate in-game assets (NFTs). The company notes that it plans to slowly evolve into a fully decentralized ecosystem that is owned by the participating games.

Forte has previously announced developer partnerships with Disruptor Beam, Other Ocean and Kongregate. The ecosystem is currently invite-only.

More: Forte Partners with Esteemed Game Developers to Unlock New Business Models for Games

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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