Blockchain Gaming gumi Cryptos LLC, an equity-method affiliate of
"TRON" raised funds of $58 million USD via ICO (Initial Coin Offering) in September 2017. As of December 25, 2018, "TRON" has a market capitalization of $1.3 billion USD (the 10th largest crypto according to CoinMarketCap.com). In November 2018, TRON established a fund "TRON Arcade," totaling $100 million USD to actively invest in the blockchain game area to build a
Through this partnership, "TRON Arcade" and gumi Cryptos are aiming to co-invest in the blockchain gaming projects that are "Changing how game is created and enjoyed", while maximizing synergies by sharing the expertise of both companies.
Roy Liu, TRON’s Head of Business Development, is also optimistic about this development for gaming, blockchain, and TRON, saying: “It’s great to see that a traditional gaming leader like gumi is also paying attention to the emerging blockchain gaming space. We both believe blockchain gaming will lead to the next wave of adoption for the nascent technology. There’s a good chance that the first “killer” gaming Dapp will be the mass market use case that everyone is searching for. TRON Arcade will allow for developers to let their imaginations run wild and build the games of tomorrow for a hungry audience. TRON Arcade and its partners will leverage our resources, networks, and expertise to continue building better use cases and businesses within the blockchain space.”
Ray Zhang, Managing Director at gumi Cryptos, says: “Gamers are often the first adopters of any new technology. Although gumi Cryptos is not solely a game fund, we are happy to co-invest with TRON Arcade on startups best positioned to benefit from our Japan market-entry services and strong networks in gaming as well as TRON’s platform and distribution channels.”
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