Community Gaming has announced the upcoming launch of Forkast, a game prediction market built on the Ethereum sidechain Ronin.
Ronin, the blockchain network developed by Sky Mavis, the creators of Axie Infinity (AXS), also powers other projects such as Pixels. When Forkast goes live, users will be able to make predictions on a variety of topics including gaming, esports, streamers and Web3, according to a press release. from community gaming.
The on-chain prediction market is scheduled to launch on January 7, 2025.
In a blog post announcing the upcoming launch, the Ronin team said:
“This is a significant milestone in Ronin’s journey towards an ecosystem beyond gaming and towards consumer-focused dApps. Their $CGX ecosystem token will also launch on the Katana DEX alongside Forkast.”
The expected reveal follows the launch of Forkast earlier this month, with this latest development making the game prediction marketplace one of the first integrations of Ronin’s consumer apps. This should help promote decentralized finance in Ronin.
Wager and earn rewards
Forkast allows users to stake their CGX tokens to earn rewards while making predictions on tailored markets related to internet culture, gaming, e-sports and Web3. The platform offers weekly rewards and daily liquidity boosts to improve user engagement and ecosystem growth.
The platform also emphasizes cross-platform accessibility, allowing users to switch between community gaming and Forkast for activities such as predictions, tournaments and quests. Cross-chain support will further facilitate these interactions.
Since the crypto…
