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HomeNewsGame Development Companies Team Up with Blockchain Operation Forte to Unlock New...

Game Development Companies Team Up with Blockchain Operation Forte to Unlock New Business Models for Games

Forte has teamed up with legendary gaming development company, Hi-Rez Studios, Netmarble, Magmic, nWay, and DECA Games to integrate Forte’s open and easy-to-use blockchain platform into their game ecosystems. This will unlock new economic and creative opportunities for both the developers and their player communities. Disruptor Beam, Other Ocean, and Kongregate are a few other game developers already on board.

Through its $100M developer fund via Ripple, Forte is providing grants to qualifying game developers to integrate blockchain technology into both existing games, as well as bespoke projects. Forte does not ask for or require equity, revenue share, or other forms of recuperation from developers.

“We’re thrilled to partner with such a diverse group of recognized leaders from the games industry,” said Josh Williams, Forte’s Cofounder and CEO. “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.”

Forte’s blockchain platform benefits both existing and future titles. It unlocks never-before-possible revenue streams in traditional game designs while being versatile enough to serve as the economic and creative foundation for blockchain-native experiences. In addition, it provides players with newfound benefits by giving their time and effort spent in games real-world relevance.

Currently invite-only, Forte’s blockchain platform is architected to be free, open, and work across any game platform. It leverages open-source protocols like Ethereum and Interledger to facilitate the creation of in-game assets which players own and enable cross-chain transactions, respectively. As it matures, the platform will progressively decentralize into one that’s owned and controlled by the games community at large rather than any one company.

Forte is building a transformative blockchain platform for games that unlocks breakthrough community economics, creating new economic and creative opportunities for billions of players around the world. The team consists of veterans from across the games industry (GarageGames, Unity, Kabam, ngmoco, Riot Games, Electronic Arts, Sony, and Rockstar Games, among others), and is currently working with a group of world-class game studios to accelerate the adoption of blockchain technology, and more quickly bring its benefits to the masses. Visit www.forte.io for more information.

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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