“Forkast Revolutionizes Gaming Predictions with Exciting Ronin Launch!”

NEW YORK, Dec. 23, 2024 /PRNewswire/ — Community Gaming, a top platform for web3 tournaments and competitive gaming, proudly announces its collaboration with Ronin, the blockchain established for gamers, highlighting the launch of Forkast: a prediction market platform tailored for gamers. Forkast will be among the first consumer applications integrated into Ronin, representing a crucial achievement in both companies’ paths toward ecosystem growth and a vital step toward adding more DeFi to Ronin’s ecosystem.

Forkast will place prediction markets at the forefront of Ronin’s ecosystem, allowing users to stake CGX tokens, gain Loot Box rewards, and engage in curated markets designed for gamers. With Forkast, participants can make predictions covering gaming, esports, web3, and internet culture, using their insights to earn rewards and influence the future of prediction markets.

Essential Integration: Ronin Waypoint
Forkast will utilize Ronin Waypoint, the universal account and keyless wallet in the Ronin ecosystem, to ensure smooth user onboarding, providing a seamless experience for users accessing prediction markets. The inclusion of Waypoint facilitates gasless transactions for crucial functions such as claiming loot boxes, further improving accessibility for both novice and seasoned users.

Realizing Ronin’s Vision
This collaboration is in line with Ronin’s aim to deliver economic freedom to all, starting with gamers. By incorporating applications like Forkast, Ronin is enlarging its ecosystem to encompass esports fans and prediction market users, while endorsing a widening array of decentralized applications and introducing additional DeFi prospects for its users.

Community Rewards and Incentive Structures
Forkast will acknowledge genuine contributors through its CGX token, which is designed to honor tournament participants, validators, and active community members. As an integral aspect of the platform’s core mechanics, users will receive token rewards from weekly loot boxes containing $CGX, prediction credits, and more.

Implications for the Future
By connecting prediction markets with gaming, Forkast provides a dynamic platform for users to engage, predict, and earn in an unprecedented manner. This collaboration not only elevates Forkast into the web3 spotlight but also furthers Ronin’s growth into consumer DeFi. For further details on Forkast and how to get started, please visit www.forkast.gg.

About Community Gaming
Community Gaming stands as the premier competitive gaming ecosystem, handling payments for over 50K tournament matches and 100K prediction users monthly. Forkast is a prediction market platform crafted for gaming and internet culture. Users can take part in predictions based on trending topics within gaming, streamers, breaking news, and Web3 assets.

About Ronin
Ronin is an EVM blockchain specifically crafted for gaming. Launched by Sky Mavis, the developer of Web3’s breakout title Axie Infinity that has generated over $1.3B in revenue, Ronin remains the sole blockchain that has demonstrated the capability to scale a single game to support millions of daily active users and has processed over $4B in NFT volumes. Ronin optimizes for near-instantaneous transactions and minimal fees that enable millions of in-game transactions to occur effortlessly, making it the top choice for Web3 games.

SOURCE Community Gaming Inc