Prediction Markets are Coming to Ronin!

Community Gaming is set to launch Forkast, an on-chain prediction market platform, on the Ronin blockchain on January 7, 2025.

This launch will expand Ronin’s ecosystem beyond gaming, venturing into consumer-focused decentralized applications (dApps). Community Gaming will also introduce its $CGX ecosystem token on the Katana decentralized exchange (DEX).

? Prediction Markets are Coming to Ronin! We're launching @ForkastGG, the first consumer dApp on @Ronin_Network ?? Launching January 2025 ? $CGX token + claim go LIVE alongside Forkast ? Stake $CGX for weekly loot boxes, prediction credits & more ? Seamless, gasless… pic.twitter.com/E3MKgBwX8M

Forkast users can engage in prediction markets by buying and selling tokens based on their predictions about the future outcomes of events.

Beyond making correct predictions, users can earn $CGX tokens through various activities, such as participating in daily quests, climbing leaderboards, and claiming weekly loot boxes. Ronin Waypoint users will also receive special benefits, including reduced transaction fees and exclusive access to events.

Community Gaming has played a crucial role in the Ronin ecosystem, particularly in the growth of Axie Infinity.

The launch of Forkast will not only leverage their existing base of over 100,000 monthly active users but also attract new users to the platform, enhancing Ronin’s ecosystem with fresh experiences and expanded utility.

As January 2025 approaches, potential users and interested parties are encouraged to follow Forkast's updates on social media for the initial launch and to learn more about engaging in on-chain prediction markets.

This launch marks a significant step towards a more inclusive and expansive environment for dApp users and blockchain enthusiasts.