Forte is a company based in San Fransisco, dedicated to accelerating the adoption of blockchain technology in the games industry by equipping developers with easy-to-use technology and tools that lay a new foundation for player-driven game economies, better aligning incentives between players and publishers.
According to an announcement made by Danny Aranda (Xpring executive) on Medium, Xpring and Ripple have partnered with Forte:
“We’ve worked with the Forte team from early on to deeply embed Interledger, Codius and XRP in the platform architecture to maximize cross-chain interoperability, security and liquidity. With this technical foundation bundled other core technologies, tools, and easy-to-use services, Forte is building one of the most exciting platforms that will enable developers to reach mass consumer audiences.”
The partnership was also featured on Fortune, also adding that:
“The plan, which features a $100 million fund for developers, could remake the gaming industry by creating a new way to create in-game marketplaces for digital goods.The fund will be overseen by Forte, a San Francisco company founded this year by prominent gaming executives, and which is backed and advised by a host of big Silicon Valley names, including Andreesen Horowitz, Coinbase Ventures and Battery Ventures.”
“As for Forte, the company is relying heavily on technology developed by Ripple, including the Interledger Protocol, an open source protocol for conducting transactions across different blockchains, and a smart contract service known as Codius. For Ripple, the $100 million development fund represents an attempt to expand its blockchain services beyond its core business of financial messaging software. At the same time, in the event gaming platforms decide integrate the Interledger Protocol, it could spur the broader adoption of the cryptocurrency XRP, which Ripple holds in large amounts.”
Ethan Beard, another executive working on Xpring stated that:
“Ripple’s Xpring will distribute the grants to game developers in the form of XRP”
He did acknowledge however that most recipients will likely convert them to U.S. dollars given that services like AWS only accept fiat currency. In terms of distributing the grants, Forte and Ripple say they are targeting game developers with over 50,000 daily active users. Beard added that big and small companies will be eligible to receive grants, and that some of the grants could be worth millions of dollars.