Ronin Network Welcomes Forkast, an Onchain Prediction Market Launching on January 7th

This move marks a big step for Ronin, as it grows from a gaming platform into a hub for consumer-focused dApps.

Forkast, an onchain prediction market, is set to launch on Ronin Network on January 7th. This marks a significant step for Ronin as it expands from being solely a gaming platform to becoming a hub for consumer-facing dApps.

With Forkast and its $CGX token debuting on the Katana DEX, Ronin is offering its users more than just games. This signals greater things to come for the gaming network.

What is Forkast?

Forkast is a platform that allows users to predict real-world outcomes. Here's how it works: users can buy tokens representing "YES" or "NO" for a specific question. For instance, "Will a blockchain game hit 2 million daily active users this year?" If your prediction is correct, you stand to win rewards. It's all about combining strategy, knowledge, and blockchain technology.

Features and Rewards in Forkast

Forkast isn't limited to making predictions; it also offers multiple avenues to earn:

Most rewards are paid out in $CGX tokens, which can be traded on the Katana DEX. Forkast also features referral bonuses and liquidity incentives to keep things engaging and fun for its users.

A Simple Start with Ronin Waypoint

Forkast is making blockchain accessible to all by partnering with Ronin Waypoint. This keyless wallet system eliminates the need for seed phrases or browser extensions. Users can log in using an email or social account, such as Google or Facebook. It even supports gasless transactions for key activities, like claiming loot boxes.

This setup makes onboarding seamless and removes any complicated steps. New users will encounter reduced fees and an easier way to explore blockchain, lowering the barriers to entry into the Ronin ecosystem.

Community Gaming: The Creator of Forkast

Community Gaming, the team behind Forkast, has been a part of Ronin's journey for years. Having hosted over 1,000 tournaments and engaged 60,000 players within the Ronin community, their goal is to connect gamers and creators through blockchain technology.

With Forkast, Community Gaming is taking things a step further. The platform combines competitive prediction markets with blockchain rewards, adding a new layer of engagement. This launch reflects their aim to integrate web3 tools with user-driven experiences.

Why Forkast Matters for Ronin

Forkast's arrival is a major milestone for Ronin. It showcases the network's readiness to venture beyond gaming and into the wider blockchain domain. Prediction markets give Ronin users new ways to interact with the platform while attracting a broader audience. This contributes to Ronin's growth as a multi-purpose network, bridging gaming with DeFi and other web3 projects.

A Glimpse into Ragnarok Landverse

Forkast isn't the only big news for Ronin. Ragnarok Landverse, the web3 incarnation of the legendary MMORPG Ragnarok Online, is also launching on the gaming network. Slated to go live in Q1 2025, it offers a play-to-earn experience complete with quests, resource mining, and character customization.

Interested players can sign up here to receive exclusive rewards. This launch marks another exciting step for Ronin as it continues to expand its ecosystem.

In Summary

Forkast's debut on Ronin Network is more than just another launch. It signifies Ronin's evolution from a gaming chain to a versatile web3 platform. With Forkast's prediction markets and $CGX rewards, users gain new avenues to engage and earn.

Combined with the upcoming launch of Ragnarok Landverse, 2025 promises to be a game-changing year for the Ronin ecosystem. Get ready for big moves, more players, and exciting new apps on the horizon.