Forte, a blockchain platform provider and a partner of Ripple, announced that it had reached agreements with five game developers to create blockchain-based games. Forte’s new partners are Hi-Rez Studio, Magmic, Netmarble, nWay, and DECA Games.
All five companies are fairly well established. For example, Hi-Rez Studios is a manufacturer of Smite, Netmarble created Marble Future Fight, nWay is known for Power Rangers: Battle for the Grid, while Magmic is behind card games like Simple Spades. Previously, Forte joined forces with other game developers, including Other Ocean, Disruptor Beam, and Kongregate. Last year, Forte and Ripple launched a $ 100 million fund to invest in developers who create blockchain-based games.
The recent partnership will see the five developers adopting Forte’s blockchain platform for various games. The technology can be used to authenticate rewards and digital items like virtual goods or game characters.
Forte’s VP of marketing Kaiser Hwang told Forbes that gaming represents an ideal use case for the distributed ledger technology (DLT).Hwang says,”Games today already involve millions of players participating both in a community and an economy. Blockchain technology allows developers to safely and securely provide players a way to own in-game assets, trade with each other, and even earn income through playing with each other. The technology offers ways to address many economic issues found in the games industry today by unlocking more equitable and sustainable business models.”
