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Ronin’s Unique Approach to Web3 Philosophy
Ronin takes a different path in its interpretation of the Web3 philosophy. While many in the crypto space value the decentralized and permissionless nature of blockchain technology, Ronin, the Ethereum sidechain gaming network, embraces a closed, curated approach.
The Success Behind the Strategy
The team at Ronin defends this early approach by pointing to its remarkable success. The platform has witnessed a significant increase in the number of players in recent months, along with a surge in its price to an all-time high in March. Despite the recent market cooldown, Ronin continues to attract attention.
Moving Towards a “Pervasively Permissionless” Network
Ronin’s co-founder, Jeff “Jihoz” Zirlin, acknowledges the abundance of developers, applications, and games in the crypto space. He believes that many open blockchains have an overflow of games, making it challenging for gamers to discern quality content. To address this, Ronin adopts a curated approach, carefully selecting the games allowed on its network.
Quality Over Quantity
Zirlin draws inspiration from industry giants like Nintendo, Blizzard, and Supercell, known for their limited but high-quality game releases. By curating Ronin’s game library, Zirlin believes the platform aligns itself with these successful publishers.
Encouraging User Support
Zirlin emphasizes that Ronin’s Web3 element provides an additional incentive for gamers to support the network through its token. By fostering a community-driven approach, Ronin aims to ensure long-term success for its partnered game developers.
Cornering the Web3 Gamer Market
As per Footprint Analytics, Ronin accounts for 30% of all active Web3 gamers, surpassing competitors like Polygon. Despite criticism from some quarters, Zirlin’s non-consensus approach has yielded impressive results for Ronin.
Challenges and Future Prospects
Looking ahead, scalability remains a significant challenge for Ronin. The platform is actively exploring scaling solutions to accommodate a larger network of builders. Zirlin acknowledges that scalability involves not only technical advancements but also cultural acceptance and user loyalty.
Once Ronin transitions to a “pervasively permissionless” model, Zirlin anticipates an influx of new games on the platform. The network intends to expand its offerings beyond gaming, aiming to integrate ecommerce and payment applications, ultimately disrupting traditional banking systems.
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