TRON signs memorandum of understanding with Korean Government
The three-pronged deal puts TRON in a truly lucrative marketplace
For a number of weeks, TRON has been steadily getting itself introduced to the Korean gaming market. Roy Liu, head of business development has been meeting with members of the Korean government. These meetings included a number of gaming companies already operating within the region.
After discussions behind closed doors, TRON has managed to strike up a ‘memorandum of understanding’ both with the Korea Mobile Game Association (KMGA) and Korea Blockchain Contents Association (KBCCA).
The agreement puts TRON right next to the likes of Decentraland and Enjin, the former of which conducts a number of projects within S.Korea, while Enjin previously signed the same three-way agreement.
The KBCCA has made a statement regarding the new partnership with TRON. Affirming its personal commitment to being a major contender within the blockchain gaming space.
“We want to create an environment in which Tron can actively invest in small- and medium-sized South Korean blockchain and gaming companies.“
Under the agreement, both the KMGA and KBCCA will be able to assess major blockchain gaming projects as potential initiatives for both TRON and its fund program – TRON Arcade.