Aleo, a leading platform for building private blockchain-based applications partnered blockchain gaming company Forte
Aleo & Forte Blockchain Partnership
Aleo, a leading platform for developing private blockchain-based applications that recently raised $200 million in a Series B equity financing led by Kora Management LP and SoftBank Vision Fund 2, announced on Tuesday that Forte, a blockchain-based gaming company, will incorporate Aleo’s zero-knowledge proof technology to significantly expand its ability to power blockchain-based economies in new and existing video games.
The alliance is the newest addition to Forte’s robust gaming economics platform, which leverages Aleo’s scalable architecture to unlock new levels of engagement and create more inclusive and engaging gaming environments. Forte is already utilizing Aleo’s technology to manufacture, transfer, and trade NFT (representing in-game products) between several in-game economies in order to service an actual, real-world use case.
Aleo’s cutting-edge infrastructure makes it the right partner for growing blockchain-based games and Forte-powered in-game economies. Aleo can sustain a large rate of microtransactions required by Forte’s gaming environment by utilizing zero-knowledge cryptography in a new design called as a “rollup.” That would be extremely difficult, if not impossible, to recreate using alternative technology. Aleo’s dual nature as a totally private and highly programmable platform provides developers with near-unlimited freedom to create the next generation of decentralized applications and allows intriguing, real-world use cases that will define the future generation web.
Aleo is built on an open blockchain and a public blockchain, giving it the same flexibility as Ethereum, but with a more scalable design that prevents miners from running every transaction through a multi-level search, just the correct ones. Aleo successfully launched an incentive-based testnet, with over 10,000 users downloading and operating a snarkOS node on the Aleos network. Aleo employs 45 people.
Quotes
“Aleo’s platform gives Forte access to the next generation of scaling solutions which will be powered by zero-knowledge cryptography, and we look forward to integrating their technology to unlock the potential of cryptocurrencies in all forms of gaming communities,” said Forte CEO Josh Williams. “At Forte, our goal is to grow the gaming universe and to bring the power of blockchain to brand new audiences. Working with Aleo will help us to achieve that.”
“Forte is building the foundation for the future of gaming with its innovative use of cryptocurrencies and blockchain, and its end-to-end platform gives developers and players unprecedented power to build immersive communities around the games we love,” said Howard Wu, CEO of Aleo. “We are proud to contribute Aleo’s scaling and privacy technologies and join Forte in its mission to build sustainable gaming economies for a better and more equitable gaming experience.”
