Blockchain Gaming Company Forte Receives $9M Investment from Bolt Labs
Summary
Its end-to-end platform enables the emergence of community economics, a system where the interests of game developers and players are aligned, leading to healthier, sustainable game communities.This three-year partnership with Bolt Labs will enable Fortes strong community of millions of gamers and more than 40 game publishers to leverage state-of-the-art cryptographic technologies, empowering users to securely store keys for their game assets and make private payments.Fortes community of publishers, developers, and other content partners will also gain access to Bolt Labs secure key management solution, a technology that will facilitate custody of in-game assets and non-fungible tokens (NFT). Bolt Labs will provide this by leveraging multi-party computation (MPC) to help Forte secure keys for in-game cryptocurrency assets at scale, allowing players to control their assets securely and privately.MPC allows a group of participants to evaluate a computation without any of them revealing their own private data, which can compute the value of a public function when put together without compromising the secrecy of each individual piece. That is, the technology that ensures asset security, confidentiality and prevents misuse while achieving true property rights for gamers in a web3 world. With MPC technology, we can secure digital assets at scale, with blockchain-agnostic, off-chain computations. Today, were the preferred platform for millions of gamers, and we aim to continue to grow our community by continually shoring up our compliance solutions and upgrading our infrastructure, said Ronen Kirsh, VP of Strategic Partnerships, at Forte.