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Ripple backed Forte and industry pioneers partner to revolutionize gaming – Crypto News Flash

  • Gallium Studios, Monster Ideas, Penrose, and GC Turbo will use Forte’s blockchain-based economic technology to create new community-focused revenue models and player experiences.
  • Forte partnered with Ripple in March 2019 to accelerate the mainstream adoption of blockchain technology in gaming.

SAN FRANCISCO — November 17, 2020 — Forte today announced new partnerships with Gallium Studios, Monster Ideas, Penrose, and GC Turbo that bring together blockchain-based economic technology and game and digital entertainment pioneers. Each developer will use Forte’s technology in an upcoming game experience to introduce new business models rooted in fostering and rewarding player communities.   

Forte’s open economic platform aims to address the growing misalignment between game developers and players that has resulted from business models, technology, and community platforms being unable to keep pace with the creative innovations and diverse application of games. It enables the creation of new gameplay and world designs that directly support the long-term health of a game through cooperative player-developer economics, or what Forte calls community economics.

The company made news last year when it partnered with Ripple to launch a $100M fund for developers to spur integration of its technology. The fund operates alongside Forte’s platform technologies and includes open-source solutions designed in collaboration with Ripple to accelerate the mainstream adoption of blockchain technology in gaming.

As announced in March 2019, Forte’s technology stack includes components designed
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