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Cryptocurrency News Articles
Ronin Expands Its Web3 Gaming Ecosystem with Seven New Game Studios
Sep 19, 2024 at 10:03 pm
Ronin, an Ethereum Virtual Machine (EVM)-based blockchain developed by Sky Mavis, is making significant strides in expanding its presence in the Web3 gaming world.
Ronin, an Ethereum Virtual Machine (EVM)-based blockchain developed by Sky Mavis, is making significant strides in expanding its presence in the Web3 gaming world. Sky Mavis, the company behind the popular blockchain game Axie Infinity, recently announced that seven new game studios have joined its blockchain ecosystem as part of a strategic initiative aimed at enhancing Web3 gaming experiences. This expansion is designed to leverage Ronin’s capabilities for developing new games, while providing selected studios with funding up to $50,000 to support their projects.
A Blockchain Built for Gaming
Ronin was specifically designed with gaming in mind, and it has been instrumental in the success of Axie Infinity, which generated $1.3 billion in revenue and achieved massive engagement with over $4 billion in non-fungible token (NFT) trading volume. Sky Mavis developed Ronin to scale a single game to millions of daily active users, and the blockchain has proven to be an essential component in managing the massive growth of Axie Infinity and its related ecosystem. Now, the platform is being opened up to other game developers, with the goal of expanding the Web3 gaming landscape.
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As an EVM-based blockchain, Ronin operates seamlessly within the Ethereum ecosystem, enabling compatibility with a wide range of decentralized applications (dApps) and smart contracts. This allows game developers to take advantage of the benefits of Ethereum’s decentralized technology while focusing on the unique needs of the gaming industry. The addition of these new studios further cements Ronin’s position as one of the leading blockchain platforms for gaming.
Diverse Studios with Ambitious Projects
The seven game studios joining Ronin represent a diverse mix of game types, showcasing the variety of experiences that can be developed on a blockchain-powered platform. These studios include Cambria, Infomon, Kuroro Beasts, Last Odyssey, Party Icons, Pixel Heroes Adventure, and Xtremeverse, each bringing a unique approach to game development within the Web3 space.
The projects being developed by these studios span a wide range of genres, from MMORPGs (Massively Multiplayer Online Role-Playing Games) to augmented reality experiences similar to Pokémon Go, and even 5X strategy games that incorporate elements of conquest, expansion, exploration, and resource management. These studios are not only leveraging blockchain technology for gaming but are also pushing the boundaries of what can be accomplished in the decentralized gaming space.
Ronin’s partnership with these studios is designed to foster innovation and help new game developers scale their projects effectively. In addition to providing the technical infrastructure necessary for blockchain-based gaming, Sky Mavis is offering funding of up to $50,000 to selected studios as part of its commitment to supporting the growth of Web3 gaming.
Ronin Forge: A Gateway to Web3 Gaming Success
Sky Mavis has also introduced Ronin Forge, a premier onboarding program that serves as the entry point for studios looking to integrate deeply within the Ronin ecosystem. This program is specifically tailored for studios that have already demonstrated innovation and are ready to scale their projects using Ronin’s blockchain technology. By tapping into Ronin’s strong community and technical assets, studios can gain momentum in the Web3 gaming space and prepare for broader success.
Aleksander Leonard Larsen, Sky Mavis Chairman, COO, and Co-Founder, expressed the company’s enthusiasm about the onboarding of these new studios. He highlighted that Ronin Forge offers proven innovators and ambitious developers a gateway to more significant opportunities within the Ronin network, which is already recognized as a leading blockchain for gaming. The program is designed to help studios take full advantage of Ronin’s technological infrastructure while connecting them to a broader gaming community.
The selected studios are expected to benefit from Ronin’s established position in the gaming blockchain space, as well as the expertise and support that comes from being part of the Ronin Forge initiative. This partnership is likely to accelerate the growth of the participating studios, enabling them to build games that appeal to both Web2 and Web3 audiences.
Scaling Web3 Games for Broader Success
By welcoming these seven game studios into the Ronin ecosystem, Sky Mavis aims to create a more diverse and expansive gaming environment on the blockchain. The addition of these studios is part of a broader strategy to position Ronin as the go-to blockchain for Web3 gaming development, allowing it to remain competitive in a rapidly evolving market.
Ronin’s emphasis on scalability and performance ensures that the games developed on its platform will be able to accommodate millions of users, while its integration with Ethereum’s ecosystem allows developers to build on a secure and trusted decentralized network. The decision to provide funding and technical support to these studios underscores Ronin’s commitment to fostering a thriving Web3 gaming ecosystem.
In conclusion, the partnership between Ronin and these seven studios represents a significant milestone in the growth of Web3 gaming. By combining Ronin’s robust blockchain technology with the creativity and innovation of these studios, Sky Mavis is setting
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