Ronin

What is Ronin?

Ronin stands out as an EVM blockchain designed exclusively for gaming purposes. Created by Sky Mavis, the mastermind behind Axie Infinity, a groundbreaking title in the Web3 realm that has amassed over $1.3 billion in revenue, Ronin is distinguished as the sole blockchain validated to efficiently scale a singular game to cater to millions of daily active users. It has successfully handled over $4 billion in NFT volumes. Ronin prioritizes swift transactions and minimal fees, facilitating seamless execution of millions of in-game transactions, establishing itself as the preferred option for Web3 games.

---

Recent Video Interview

Main points of the interview:

• Pixels migrated from Polygon to Ronin in October, growing from 5,000 to 840,000 DA.
• Ronin's user base increased by 700%.
• Pixels' growth is seen as reviving the Web 3 gaming bull market.
• Ronin is expanding with new blockchain-based video games.

---

What Makes Ronin Unique?

Ronin, a battle-tested and scalable EVM blockchain, played a significant role in the NFT space in 2021, processing 15% of all NFT trading volume. As the exclusive platform for Axie Infinity assets, including Axies, Land, SLP, and AXS, Ronin ranks second only to Ethereum in NFT sales by volume. Notably, it is the only platform proven to efficiently scale a single game for millions of daily users.

Hyper-optimized for gaming, Ronin distinguishes itself by eliminating unnecessary elements present in other permissionless blockchains, ensuring high-quality apps, minimal spam, and optimal game uptime.

Backed by Sky Mavis, the creators of the highly successful Axie Infinity, Ronin benefits from unique insights into product development, community building, and go-to-market strategies. Sky Mavis offers advisory support and grants to enhance the success rates of games launching on the Ronin network.

Despite facing challenges such as The Ronin Validator Breach in March 2022, where 173,600 ETH and 25.5M USDC were compromised in a socially engineered attack, Sky Mavis has transformed into a fully antifragile, zero-trust organization. Implementing rigorous internal security measures, the organization has reviewed and optimized all code, with security experts conducting a comprehensive audit of the entire architecture to prevent future breaches.

The RON Token

RON serves as the ecosystem token for the Ronin blockchain, offering users the capability to settle transactions on Ronin. Additionally, RON incorporates decentralized finance (DeFi) features, including community governance, and provides utility through staking with validators to earn rewards.

Validators on the Ronin network are required to hold and stake RON for block validation, earning newly issued RON as rewards. These rewards are distributed among the validator and its delegators based on the amount of RON they have staked with the validator.

The distribution of RON tokens across various network functions is as follows, expressed as a percentage of the total token supply:

• Rewards: 25%
• Community incentives: 30%
• Sky Mavis: 30%
• Ecosystem fund: 15%

Initially managed by the Sky Mavis core team, the ecosystem fund aims to foster the growth of the Ronin network community. The fund operates on the core principle of adding tangible value to the broader Ronin network ecosystem.

Ronin Team Background and Partners

Sky Mavis, the team responsible for Axie Infinity, founded Ronin, supported by prominent investors such as Accel, a16z, Binance Labs, Animoca Brands, Paradigm, Libertus, and Mark Cuban. The cofounders of Ronin are Jeffrey Zirlin and Alexander Leonard Larsen.

List of Ronin's partners: OKX Wallet, Trust Wallet, Crypto Slam, Binance, Tokocrypto, Gate, PDAX, Nansen, Fireblocks, Ramp, CoinEx, Commonwealth, Sabler...

Ronin Project Development

Ronin is on a mission to extend digital property rights to internet users, starting with gamers. The essential elements of transactional freedom, digital ownership, and access to early-stage opportunities necessitate a somewhat decentralized infrastructure. The team is thrilled to introduce a new method for builders to raise funds on Ronin: Presail.

Presail functions as a Web3 fundraising platform, akin to a Kickstarter on Ronin. It offers user-friendly tools for fundraising, token vesting, and over-the-counter (OTC) trading. Moreover, Presail ensures compliance with Know Your Customer (KYC) and Anti-Money-Laundering (AML) regulations. Having facilitated over $200 million in investments from more than 50,000 individuals since its inception, Presail is now extending its infrastructure to Ronin. This expansion enables projects to raise funds with RON and efficiently distribute Ronin tokens to thousands of addresses in a single transaction.