TL;DR
It’s likely that you’ve already heard about this not-so-new network and its plans to create the largest gaming world in crypto. But, What is Ronin Blockchain? As the makers of the largest blockchain game ever made, Axie Infinity, Sky Mavis launched the Ronin Blockchain at the beginning of 2022 to accommodate the massive amount of transactions happening on Axie Infinity. Today the chain has grown to house 6 games currently in production. However, only a few of these games have any players. This begs the question, can Ronin keep up with the rest of the gaming world? Or has everyone already forgotten about it?
With the growth of Axie Infinity there’s no denying Mavis can do things right.
Offering a unique pay-to-earn opportunity that hasn’t been seen in crypto since, Axie remains the biggest Binance Launchpad project in history.
With years of gaming experience under their belt, the natural move was to launch their own network to accommodate the growing player base.
However, as many Axie players will tell you, the launch of Ronin was a day later and a dollar short in the world of Axie. With the saturation rate of Axie’s getting out of control, the requirements for having a native chain the game could live on became the least of SkyMavis’s problems.
So today we’ll look at what’s next for Ronin and whether it recover from the disastrous events of 2022.
What is Ronin Blockchain?
With the fees on Ethereum reaching astronomical prices in 2021, Axie Infinity saw the price of assets reach insane levels in the game.
Everything from the consumables used to upgrade pets, to the pets themselves. This posed a serious problem for Sky Mavis as the influx of new players joining the game plummeted.
With the game becoming too expensive for the average person to play, this was a giant leap from the game’s inception of allowing anyone with a few dollars to buy the required 3 Axies and start earning those sweet Smooth Love Potions.
With the future of Axie Infinity on the line, something had to give. Prompting the Sky Mavis team to announce their newest project, Ronin.
A network that would finally break Axie Infinity free from its Ethereum chains and allow it to become the best blockchain gaming experience available (again).
With Ethereum congestions slowing the natural progression of players, Ronin seemed like the most obvious scaling solution for Sky Mavis. Enabling players to experience faster and more importantly, cheaper interactions with Axie Infinity.
With the namesake Ronin being derived from Samurais in Japan who lived without masters. Axie wanted to set itself free from the limitations of its Ethereum masters.
Since Ronin is an Ethereum Sidechain this would still allow players to easily transfer their assets between both networks. Allowing players the freedom to continue interacting with the largest liquidity pool in crypto.
However, as things started rolling out with Ronin, many players quickly realized that choice was nothing more than an illusion. With the launch of Ronin, all players were required to transfer their Axies to the Ronin network to continue playing their beloved game.
Adding insult to injury, the release of Ronin also came with the launch of the RON token. This means that Axie’s native AXS token, the…
Head of Research Jesse is a passionate seeker of truth who enjoys educating others about Bitcoin. As a free thinker and 2nd amendment advocate, Jesse believes each individual has the right to monetary freedom. “The swarm is headed towards us” -Satoshi Nakamoto
