Axie Infinity Creator's Ronin Sidechain Plans Expansion After $150M Raise Following Hack
-
Ronin is an Ethereum sidechain made for gaming that launched in 2021. It uses delegated proof-of-stake and has its own token, RON.
-
Sky Mavis created Ronin and its hit game Axie Infinity. Axie uses AXS and SLP tokens. Sky Mavis raised $150M after a Ronin bridge hack.
-
The Ronin Wallet is a crypto wallet for the ecosystem that works on phones and browsers. It now supports various chains.
-
Games on Ronin include Axie Infinity, Axie Classic, Pixels, and more. Pixels helped drive new Ronin interest.
-
Ronin aims to offer fast, affordable transactions for gaming dapps and NFTs compared to Ethereum mainnet. It plans to open up for more games in 2024.