The global games market is expected to generate $138 billion in 2018. With the emergence of blockchain technology, blockchain games have been taking spotlight in the high-growth market. On December 12 (UTC+8) Mars Finance announced the establishment of the Blockchain Game Developers Alliance in cooperation with TRON and its game fund TRON ARCADE. The two parties will give full play to the resource synergy advantages and jointly conduct in-depth cooperation in the field of blockchain games.
Bluefire Studio of Mars blockchain ecosystem will provide TRON with more than 10 blockchain games, and more collaborative details will be released around February 2019.
Gaming industry has a growing market with billions of US dollars. However, there are many problems in the traditional gaming industry, such as the opaque game mechanics and data, disordered economic system, players' inability to own assets and unable cross-platform transfer of game assets. Blockchain technology, which integrates distributed data storage, peer-to-peer transmission, consensus mechanism and crypto algorithm, is bringing new development opportunities to the traditional game industry.
The launch of the first blockchain game Cryptokitties in November 2017 marks the rise of the blockchain gaming market. According to the "Global Blockchain Game Market Report 2018" issued by Newzoo, the total market value of the global blockchain game industry has reached $506 million in 2017, and by 2020, the total market value will soar to $739.7 million, and the future revenue growth is expected to reach 30%-60%. According to the latest data of DappRadar in November 2018, among the 717 DApps, more than 50% are game DApps. Among the top 10 dapps, 7 are game DApps.
Fred Wang, founder of Mars Finance, has been deeply involved in the game industry for more than 10 years and has fully experienced the development process of end game, page game and mobile game. He is very optimistic about the development prospect of blockchain game: "Game is one of the most important scenes for the implementation of blockchain apps, and a brand new era of blockchain game is coming." Fred believes that only by attracting more real game and blockchain developers and enthusiasts, blockchain games can usher in a truly bright future. The development of high-quality products will be the only way out for current blockchain games. Mars Finance dabbled in the blockchain game market because it saw the pain-point that there isn’t a convincing and high-quality blockchain game product in the current market. As a pioneer in the integration of blockchain with social interaction and online entertainment, TRON has made positive and beneficial exploration, which brings a lot of referable experience for the industry. Mars Finance and TRON will jointly promote the innovative design and market digging of more blockchain games, and the development of blockchain game market.
Justin Sun, founder of TRON, said TRON is very optimistic about blockchain games. At present, TRON has more than 2,000 TPS, no GAS cost, and its smart contract supports solidity and seamless transfer from Ethereum. These features are very much suitable for game development. As one of the most influential blockchain comprehensive information service platforms in China, Mars Finance has rich experience in game R&D, distribution and sources in game development. The two companies will complement each other in the field of blockchain games and achieve good results of 1+1>2. Sun revealed that in order to better support developers, TRON specially set up a $100 million game fund named TRNO ARCADE (tronarcade.com). More than 20 different types of games have been launched on TRON, and more games are scheduled to be launched.
Mars Finance focuses on blockchain information service, blockchain financial service and industry blockchain transition in depth. Based on blockchain information service, it derives blockchain financial service business and is committed to building blockchain value sharing ecosystem. Currently, Mars Finance provides the following services: media information, market data, community operations, training and education, talent recruitment, conference and exhibition, digital asset management, STO Research Institute, etc. In addition, it has also initiated the Consensus Lab, a crypto digital currency and investment research institute.
Bluefire Studio of Mars blockchain ecosystem is a organization dedicated to the development and distribution of blockchain games. The studio is speeding up the establishment of a blockchain game team based on the rich experience of LineKong in game development and release and the network of game developers, as well as the advantages of Mars Finance in blockchain community operation. Hongliang Zhang, a technical member of the founding team of Mars Finance and former CTO of LineKong Group, will assist Fred in the R&D and operation management of the daily project of Bluefire Studio.
TRON is committed to promote internet decentralization and to build infrastructure for it. Its TRON protocol is one of the world's largest blockchain-based decentralized application operating system protocols, providing the underlying public chain support with high throughput, scalability and reliability for the operation of decentralized applications on the protocol. TRON also provides better compatibility for Ethereum smart contract through its innovative pluggable smart contract platform. As of press release, less than 6 months before TRON launching on main network, its main network address has exceeded 730,000, far higher than 530,000 of EOS, and the daily transaction volume is over 2 million, 4 times that of Ethereum.
TRON bought BitTorrent Inc., an Internet technology company based in San Francisco, on July 24, 2018. BitTorrent Inc.'s distributed technology allows creators and consumers to control their content and data. BitTorrent Inc.'s product is used by more than 170 million people every month and its protocol can transmit 40% of the world's Internet traffic every day.