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RON Listed on Coinbase
Ronin, the Ethereum blockchain designed specifically for gaming, has marked a significant milestone by getting listed on Coinbase, which happens to be the largest crypto exchange in the United States. This strategic move now enables a vast user base of 73 million individuals on Coinbase to seamlessly buy, sell, and hold RON tokens in their respective wallets.
Ronin and Coinbase’s Parallel Paths
Both Coinbase and Ronin have been pursuing their distinct routes, aiming for greater global freedom in the realm of digital assets. Ronin’s native tokens, namely $RON and $RONIN, play a pivotal role in facilitating network operations such as gaming transactions and NFT trading while also enabling functions like authentication and staking rewards. The value accumulation mechanism of these tokens involves the Ronin treasury, fueled by the consolidation of fees across the ecosystem.
The surge in Ronin addresses by over 500% has been largely attributed to gamers who actively engage with and hold RON tokens. A similar trend is observed among Coinbase users, reflecting the growing interest in Web3 applications and assets. The listing of RON on Coinbase significantly enhances the accessibility of Ronin’s conventional tokens, unlocking new avenues for user engagement and participation.
Expanding the Gaming Universe
Pixel, a farming simulation massively multiplayer online (MMO) game reminiscent of Stardew Valley, made waves in the crypto space with the registration of its native token, $PIXEL, on Binance’s launchpool. Boasting a daily active user (DAU) count exceeding 700,000, Pixel continues to attract a wave of crypto-savvy gamers, further enriching the ecosystem.
Notable successes like Axie Infinity have paved the way for Web3 games to capture the attention of mainstream gamers, leading to a convergence of traditional gaming and cryptocurrency landscapes. Ronin has actively forged partnerships with diverse Web3 communities and games, including CyberKongs, Kaidro, Apeiron, and Wild Forest, underscoring its commitment to fostering a vibrant and inclusive gaming ecosystem.
The journey dates back to 2019 when the visionaries behind Ronin, together with early adopters, embarked on a mission to democratize digital property rights, starting with the gaming community. Through relentless innovation and strategic collaborations, Ronin continues to push the boundaries of what’s possible in the intersection of blockchain technology and gaming.
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