Community Gaming Partners with Ronin to Launch Forkast Prediction Market for Gamers

Introduction


In an exciting development within the blockchain gaming landscape, Community Gaming has announced a strategic partnership with Ronin to launch Forkast, a cutting-edge prediction market tailored specifically for gamers. Forkast is set to become one of the first consumer-focused applications integrated into the Ronin ecosystem, which has already garnered traction as a robust blockchain for gaming experiences.

The Forkast Platform


Forkast aims to revolutionize how gamers interact with prediction markets by allowing users to stake CGX tokens, earn Loot Box rewards, and engage in carefully curated prediction markets that resonate with their interests in gaming, esports, and web3 culture. This creates a unique environment where gamers can leverage their knowledge and insights, predicting outcomes and earning rewards in return.

Key Features


A significant feature of Forkast is its integration with Ronin Waypoint. This universal account and keyless wallet provides seamless onboarding for new users, enabling a frictionless experience when accessing the prediction markets. Moreover, the Waypoint integration facilitates gasless transactions, particularly for claiming loot boxes—a crucial feature that enhances accessibility for both novices and seasoned gamers alike.

Aligning Visions


This partnership aligns seamlessly with Ronin's overarching mission to deliver economic freedom and accessibility to gamers worldwide. By integrating applications like Forkast, Ronin broadens its reach into the esports community and enhances its ecosystem, paving the way for more decentralized applications and greater DeFi opportunities for users.

Reward Structures


In an effort to boost community involvement, Forkast features a rewarding system using the CGX token. This system recognizes the contributions of tournament participants, validators, and active community members. Users are incentivized with token rewards from weekly loot boxes, which contain CGX tokens, prediction credits, and other exciting rewards, adding another layer of engagement to the platform.

The Road Ahead


By bridging the gap between prediction markets and gaming, Forkast introduces a dynamic platform for users to interact, predict, and earn in innovative ways. This collaboration not only propels Forkast into the limelight of the web3 gaming ecosystem but also supports Ronin's strategy to expand into consumer-driven DeFi applications.

For those eager to explore Forkast and its offerings, further information can be found at www.forkast.gg.

About Community Gaming


Community Gaming stands at the forefront of the competitive gaming ecosystem, facilitating payments for a staggering number of tournament matches—over 50,000 monthly—and catering to more than 100,000 prediction users. With the introduction of Forkast, Community Gaming aims to take the art of prediction to new heights, focusing on topics trending in gaming, streamers, breaking news, and web3 assets.

About Ronin


Ronin is an Ethereum Virtual Machine (EVM) blockchain specifically designed for gaming. It was launched by Sky Mavis, the minds behind the immensely popular Web3 title Axie Infinity, which has generated revenues exceeding $1.3 billion. Ronin has proven its scalability by accommodating millions of daily active users and processing over $4 billion in NFT volumes. Furthermore, it is optimized for rapid transactions and minimal fees, a crucial aspect that supports seamless in-game transaction experiences for players on the platform.

Overall, the partnership between Community Gaming and Ronin heralds a new era in the convergence of gaming and financial opportunities, offering gamers an enriched experience in prediction markets while pioneering innovative economic models within the blockchain sector.

Topics Entertainment & Media)

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