- Ronin, the Ethereum sidechain gaming network, is going against the traditional Web3 philosophy by opting for a closed, curated approach.
- Despite the unusual approach, Ronin has seen a significant rise in players and reached an all-time high price in March.
- Ronin co-founder, Jeff Zirlin, believes that the network’s strategy of quality over quantity aligns it with successful game publishers like Nintendo, Blizzard, and Supercell.
Ronin, the Ethereum sidechain gaming network, is making waves in the crypto space with its unique approach to Web3 philosophy. Despite its closed, curated approach, the network has seen a surge in players and reached an all-time high price in March.
Ronin’s Unique Approach to Web3 Philosophy
Ronin is taking a different approach to the Web3 philosophy. Unlike most in the crypto space who appreciate the permissionless nature of the blockchain, Ronin has opted for a closed, curated approach. The team believes that this early approach is necessary due to the overabundance of developers, applications, and games, which can be overwhelming for the relatively small number of gamers in the space. By curating the games on its network, Ronin aims to ensure quality over quantity.
Aligning with Successful Game Publishers
Ronin co-founder, Jeff Zirlin, believes that by curating the network’s game library, Ronin is aligning itself with successful game publishers like Nintendo, Blizzard, and Supercell. These industry giants are known for releasing few, but massively popular games. Zirlin suggests that the Web3 element adds another layer by incentivizing gamers to support the network through its token. This strategy allows Ronin to work closely with fewer teams and ensure their long-term success in the evolving landscape of Web3 gaming.
Conclusion
Ronin’s unique approach to the Web3 philosophy has proven successful so far, with a significant rise in players and an all-time high price in March. Despite the closed, curated approach, Ronin is eyeing a more open future. The network is actively exploring scaling solutions to handle more daily transactions and is planning to expand beyond gaming to create an ecosystem that seamlessly blends gaming with ecommerce and payment apps. This unique approach could disrupt the traditional banking system and credit card industry.
