Ronin EVM sidechain, equipped with Korea’s popular MMORPG IP Ragnarok
Ronin, the EVM-based sidechain from Axie Infinity creator Sky Mavis, announced a partnership with “Ragnarok: Monster World,” a Web3 strategy game and new addition to South Korea’s multibillion-dollar transmedia IP Ragnarok.
The partnership features the first Web2 gaming IP from the Ronin network, known for its support of play-to-earn games such as Axie Infinity, the two said in a statement.
“Ragnarok holds a special place in the hearts of our core audience in Southeast Asia, including many of our team members who have grown to be passionate fans,” said Trung Nguyen, CEO and co-founder of Sky Mavis. “We’re committed to delivering IP that will transcend gaming culture through cutting-edge technology, and we can’t wait to see the Ronin effect in Monster World.”
According to the statement, Korea’s Ragnarok IP, which began as a fantasy genre comic book of the same name in 1997, has grown into a successful MMORPG game franchise with 167 million downloads in 122 territories.
Based on the popular IP, this new game allows players to collect and train monsters called ‘Ragmon’ to fight other players. The game rewards players with “ZENY” points, which can be exchanged for in-game currency or $ZENY tokens. “Tokens will be generated after the game launches,” a spokesperson told The Block.
‘Ragnarok: Monster World’ is scheduled to be released through Ronin in the third quarter of this year. Developed by Web3 gaming studio Zero
Ronin, a gaming-focused Ethereum sidechain accumulated Since launching in 2021, it has nearly 18 million wallet addresses. Earlier this month, the network proposed integrating zkEVM into the chain to increase scalability.
Ronin’s NFT farming game Pixels has recently begun gaining popularity, adding traction to the network following the rise and fall of Axie Infinity. According to Pixels, more than 640,000 unique active wallets were interacted with in-game in the last 24 hours. DappRadar.
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