Crypto coin

Buy Ronin (RONIN) with AUD

$2.87 AUD

 -0.44% ()

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What is Ronin (RONIN)?

Ronin (RONIN) is an EVM-based blockchain platform developed by Sky Mavis, specifically optimized for gaming applications. It serves as the backbone for popular games like Axie Infinity, supporting millions of daily active users. Ronin is designed to offer fast and low-cost transactions, making it ideal for wide-scale use in blockchain-based gaming.

Ronin operates in a decentralized manner, ensuring true ownership rights for in-game assets. Players can trade their in-game items with others or transfer these assets between different games. The RONIN token is the native cryptocurrency of the network, used for paying transaction fees, staking, and participating in governance activities.

Key Features of Ronin (RONIN):

Gaming-Focused Blockchain: Ronin is a blockchain platform specifically tailored for gaming. It provides high performance and low-cost infrastructure for game developers and players.

Cross-Chain Compatibility: Ronin is compatible with other blockchain networks, enabling seamless transfer of in-game assets and tokens across different platforms. This allows users to move their assets easily between games.

Low-Cost and Fast Transactions: Ronin offers high transaction speeds and low-cost transactions. This enables users to perform in-game transactions quickly and economically.

Secure and Decentralized: Ronin utilizes the Proof-of-Authority (PoA) consensus mechanism, which ensures high security by relying on trusted validators who are accountable for their actions on the network.

Integrated Gaming Ecosystem: Ronin is integrated with a wide range of gaming ecosystems. Major projects like Axie Infinity use the Ronin network to serve millions of players.

Why Choose Ronin (RONIN)?

Optimized for Gaming: Ronin provides an optimized environment for gaming, offering low fees and fast transaction times which are crucial for gaming applications.

True Asset Ownership: Players have full ownership of their in-game assets, which can be traded or transferred freely within the Ronin ecosystem and beyond.

Interoperability: Ronin’s cross-chain capabilities allow for the easy transfer of assets between different blockchain networks, enhancing the utility and value of in-game items.

How Ronin (RONIN) Enhances Gaming Efficient Gaming Transactions: With its high transaction speeds and low costs, Ronin makes it easier for players to perform in-game transactions, such as purchasing items or transferring assets between games.

Secure and Decentralized Environment: Ronin’s PoA consensus ensures that the network remains secure and trustworthy, providing a reliable platform for gaming applications.

Scalable Gaming Infrastructure: Ronin’s integration with popular games like Axie Infinity showcases its ability to handle a large number of transactions and support a thriving gaming community.

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RONIN Price Statistics

coingecko
Ronin Price
$2.87
24H Low/24H High
$2.86/$2.96
7D Low/7D High
$1.5456928/$2.0093964
Trading Volume
$23,027,961.00
Market Cap Rank
#106
Market Cap
$965,085,743.00
Volume/Market Cap
$0.023861
All-Time High
$6.81 -57.78%
26 Mar 2024 (4 months)
All-Time Low
$0.291694 885.12%
18 Jun 2022 (about 2 years)
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