Companies
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Forte Labs
Media & Entertainment
Forte is a blockchain infrastructure company providing tools that let video game studios integrate blockchain-based digital assets and economies into their games.
$1.48B
+$0.30
22.90%
30 days ago
$1.29
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Forte was founded in 2018 by Josh Williams and Kevin Munger, based on the observation that a growing number of video game studios were interested in exploring blockchain-based digital assets that may be transferable outside a single game environment, depending on the design. Forte's platform provides infrastructure and tools that let game studios integrate blockchain-based digital assets, marketplaces, and player-owned economies into their games without needing to build this specialized blockchain technology from scratch, handling underlying technical complexity such as blockchain transaction processing, digital wallet infrastructure, and regulatory compliance considerations relevant to virtual currency and digital asset transactions across different jurisdictions. The company has positioned itself as infrastructure specifically for the gaming industry's adoption of blockchain technology, rather than building its own game or asset marketplace directly, aiming to be a picks-and-shovels technology provider for game studios pursuing blockchain-based game economies, an approach that reduces Forte's dependence on the commercial success of any single game while positioning it to benefit from broader industry adoption of blockchain gaming technology across many different studios and titles. Forte has navigated a broader "web3 gaming" category that experienced a significant hype cycle and subsequent cooling of investor and player enthusiasm following the speculative excesses and eventual price declines across much of the NFT and cryptocurrency gaming market during 2021-2022, even as the company has continued to argue that genuine player ownership of in-game assets represents a durable, valuable innovation independent of that speculative cycle. The company has raised substantial venture funding from investors including Griffin Gaming Partners, Animoca Brands, and Kora Management, positioning itself within the broader blockchain gaming infrastructure category.
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