(PRESS RELEASE – Singapore, Singapore, December 7, 2023)
- Ronin from Sky Mavis, the largest ecosystem for Web3 games, is a secure and scalable EVM blockchain.
- Impossible Finance will implement a launchpad infrastructure on Ronin for Web3 game launches, with the goal of advancing blockchain and nft gaming.
- Upcoming launches on the launchpad may require the use of tokens such as RON, AXS, and IDIA for allocation.
Impossible Finance is pleased to present an exciting collaboration with ronin, a prominent blockchain designed for gaming. Created by Sky Mavis, the visionary mind behind the Axie Infinity gaming ecosystem, Ronin, an EVM blockchain, has a remarkable track record, processing over $4 billion in nft volumes. It is the only blockchain proven to skillfully scale a single game to accommodate millions of daily active users.
Partnership model
In this strategic partnership, Impossible Finance offers a comprehensive set of advisory services, spanning launch pad expertise, research, business development and infrastructure support to strengthen Ronin and its dynamic ecosystem.
The Ronin launchpad powered by Impossible Finance
Beyond advisory, Impossible will implement a launchpad infrastructure to support game launches: “Ronin Launchpad” powered by Impossible Finance! Our joint efforts will further explore new opportunities and cutting-edge innovations within the gaming and nft landscape.
“We have been looking for ways to merge the scale of users that games can target and products that can scale cryptocurrency adoption, and we see Ronin as one of those breeding grounds for a future ecosystem of new projects, users and communities”. – Calvin Chu, Core Builder at Impossible Finance
The synergistic collaboration of Impossible Finance and Ronin aims to promote blockchain gaming and NFTs. Working together, the team embarked on a journey to not only expand Ronin's capabilities, but also to catalyze the emergence of innovative projects within the Ronin ecosystem by introducing innovative and fun games along with the adoption of NFTs by increasing betting and ownership of fun. games.
sky mavis
sky mavis is a technology-focused gaming studio based in Vietnam, leading the revolution in the gaming landscape. Its mission revolves around creating virtual worlds that feature player-owned economies, trustless marketplaces for trading unique digital assets, and robust infrastructure that reaches millions of players around the world. The studio is best known as the brains behind Axie Infinity, Web3's groundbreaking title with over $4 billion in player-to-player trading volume.
The valuable insights gained from the experience of building and scaling Axie Infinity positions Sky Mavis as an ideal collaborator, offering valuable support, grants to mitigate risks, and improving the chances of success of games that join Ronin.
“Token launches are a pivotal moment for teams creating cryptocurrencies. Impossible has a wealth of experience researching, advising and listing and navigating obstacles when it comes to launches. “We are delighted to work with Impossible to make every token launch on Ronin a successful event for all stakeholders.” – Bailey Tan, Director of Ecosystem Strategy, Sky Mavis.
Why Ronin?
Ronin is hyper-optimized for gaming, secure, and highly scalable:
- Battle-tested and scalable: In 2021, Ronin Network successfully processed 15% of the total trading volume on the nft market, demonstrating the effectiveness and reliability of the network. As home to Axie Infinity assets including Axies, Land, SLP and AXS, it is a testament to its scalability. ranking third in nft sales by volume.
Snapshot taken on 06/12/2023
- Hyper-optimized for gaming: Ronin Network distinguishes itself by selecting high-quality applications and ensuring minimal overhead with high game uptime, delivering an unparalleled gaming experience.
- Completely secure: Sky Mavis has prioritized transforming into a fully antifragile and zero trust organization, implementing strict security protocols. Every line of code underwent extensive review and optimization, and the entire architecture was audited by security experts. Ronin's robust security measures are a direct result of Sky Mavis meeting challenges head-on. The Ronin Validator breach in March 2022, where significant assets were drained from the Ronin Bridge, served as a turning point. This breach was not due to a technical failure, but rather a social engineering attack by an elite group of hackers.
- The largest ecosystem for blockchain games. Right now, with a MAU of ~511K on the Ronin, Ronin is the largest ecosystem for blockchain games. This is contributed to by the massive growth of Pixels (an interoperable Web3 farming game) starting at ~5K DAU, now bringing over ~100K DAU to the network (fountain). This is a testament to Sky Mavis' capabilities in product development, community building and marketing strategies.
Ronin Token – RON
RON is the token of the Ronin ecosystem. The RON token allows users to pay for transactions on Ronin, includes decentralized finance (DeFi) features such as community governance and utility by staking through validators to earn rewards.
Ronin validators must hold and stake RON to participate in validation blocks. They are rewarded with newly issued RON. These rewards are divided between a validator and his or her delegates based on the RON they have staked with the validator.
With the launch of “Ronin Launchpad” powered by Impossible, tokens like RON, AXS, and IDIA will potentially gain additional utility as they can be staked for allocations during public sales.
To learn more about RON tokenomics, you can read more about it in this article.
About Ronin
Ronin is an EVM blockchain built specifically for gaming. Launched by Sky Mavis, the creator of the hit Web3 title Axie Infinity, which has generated over $1.3 billion in revenue, Ronin is the only blockchain proven to scale a single game to accommodate millions of active users. daily and has processed over $4 billion in nft volumes. . Ronin optimizes near-instant transactions and negligible fees allowing millions of in-game transactions to go smoothly, making it the leading choice for Web3 gaming.
About Impossible Finance
Impossible is an on-chain native research advisory firm with a DeFi launchpad and accelerator. We help projects boost, fundraise, scale and launch their tokens, while enabling users to learn, discover and invest in high-quality crypto opportunities.
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