Ripple and Forte to Support Game Developers – Introducing XRP to a New Audience.

The gaming industry underwent several improvements in the past years as problems with shifting consumer preferences and cybersecurity threats arose. The pre-order culture, the emergence of indie games, and the introduction of AI algorithms improve the gaming experience considerably.

But that is only the beginning of a new era in the gaming sector, as we’ve seen cryptocurrency and blockchain integrated into payment processes and data storage functions in decentralized games like Axie Infinity and CryptoKitties.

Many of these games were powered by the Ethereum blockchain, but as the competition got fiercer, blockchains like Ripple stole the spotlight as the most efficient blockchain for gaming. Hence, Ripple’s use cases in payments, tokenization, and DeFi expanded to gaming, contributing to low fees and sidechain interoperability.

Given this diversification, Ripple’s XRP saw a major stabilization recently despite the continuous legal challenges with the SEC. So, if we were to make an XRP price prediction considering the cryptocurrency’s struggle with the legal framework, we could say that its value has bravely withstood complaints and continues to flourish in areas like gaming. That’s why Ripple has collaborated with a blockchain solution to contribute to this industry’s development.

Ripple and Forte’s partnership is bridging innovation.

Although Ripple has focused more on leveraging XRP for financial services, the blockchain has expanded its development area to include infrastructure, exchanges, and gaming. Hence, it partnered with Forte, an emerging blockchain technology company whose potential for unlocking revenue made it possible for gaming to evolve.

Hence, Forte had its back secured by Ripple’s $100 million investment for blockchain and game development to merge. The partnership started from a common interest in gaming’s potential to become more approachable by creative developers. The companies aim to help developers focus on the creative process of improving the playing experience without worrying about mastering complex technologies like blockchain.

The collaboration came at the right time in gaming

The pandemic triggered significant innovation and demand within the gaming industry, and it seems like things aren’t slowing down since the number of people playing games is constantly increasing. Companies like Activision Blizzard and Riot Games expect a revenue boom, with more talented game developers contributing to the expansion of gaming content.

Ireland, for example, experiences a massive interest in gaming due to their intellectual property laws and the popularity of eSports. On the other hand, Japan’s colossal gaming industry still upturns due to Nintendo’s continuous innovative practices, while PC gaming accounts for more than 16 million active users.

How will Ripple benefit from the gaming market?

Ripple’s popularity hasn’t been that spectacular, as it was only known for being an Ethereum killer and the SEC’s biggest enemy. However, the company carries great potential to connect fiat currencies and eliminate the need for central exchanges. At the same time, Ripple’s low fees and fast transaction times considerably place it above Ethereum.

While Ripple will expand with its blockchain features, the price of XRP is also forecasted to increase. XRP is a carbon-neutral and energy-efficient cryptocurrency that can support high performance on the blockchain and contribute to a sustainable financial system. Hence, its value will keep XRP at a bullish rate, allowing it to grow slowly but steadily and consistently.

Ripple benefits from additional help

Ripple’s potential wasn’t ignored, and since this collaboration with Forte, other companies supported their movement with funds that could contribute to enhanced innovation. The SaaS startup Heirloom, for example, raised $8 million through the XRP Ledger to promote entering the Web3 ecosystem at a faster rate.

The company decided to help the collaboration between Ripple and Forte because it sensed the demand from customers to leverage the latest technological advancements. However, clients need to see that their favorite brands are getting accustomed to new technology in order to have the courage to try it. Therefore, to expand its customer audience and market exposure, the startup decided to support the XRP Ledger as it chose it from considerations like transaction time and energy footprint.

But what are some of the challenges faced by game developers?

The partnership between Ripple and Forte focuses more on decentralization and full tool support, but game developers must overcome many other issues. One of the most common includes sketchy deadlines and time schedules in which developer must fit their entire creation process. If they fail, the final products can’t be released on time, as discussed with the retailer, and the customer is disappointed by the delay. Games like Overwatch II and Diablo IV are known for these types of intermissions due to changes in leadership or additional fixtures.

This issue is strongly related to the “Crunch Culture” present in the gaming industry, which refers to employee burnout that usually happens a few months before a game’s launch. The lack of proper communication, emerging requirements, and various technical complexities lead to ineffective work, which eventually pushes employees to exploit workers for working overtime.

AI and blockchain might be the answer.

While company culture is essential to create a united team, the technology used to create a game, whether decentralized or not, is the most important in the era of fast-paced trends. Hence, companies must leverage the benefits of artificial intelligence and blockchain in order to help game developers streamline projects more efficiently by automating strenuous and repetitive tasks.

On the other hand, blockchain can solve scaling challenges and provide enhanced security levels to avoid game leaks and other frauds, which happened before to famous creations like the Last of Us II and Fallout 4. Ransomware, stolen builds, and data breaches have affected many game releases, and gaming companies can prevent them with the help of blockchain.

What’s your take on blockchain in gaming?

The gaming industry is continuously flourishing, but it needs more power to withstand the changing world of technology, so blockchain features are slowly being integrated. Blockchain providers like Ripple have already started collaborating with game development businesses to support developers, which also benefits the cryptocurrency behind XRP, which is becoming a tool for streamlining transactions and seamless data movement.