Today, many games and applications are looking for a new chain and Ronin welcomes you with open arms. If this is you, I want you to know: We've been here since 2018 (Axie) and 2021 (Ronin) proving our anti-fragility. We have gamers ready to play, collect, and trade innovative, immersive experiences. If you're looking for a new chain, whether it's a home-base or a new multi-chain expansion option, Ronin is ready to welcome you 🤝 You can reach out to @JaseTheWizard as a first step to learn more ⚔️ Please do note that if your plan is just to appeal to the current Ronin community, you will likely fail. Ronin is a vibrant, battle-hardened community, but you will still need to be good at getting your own users! We have a system called proof of distribution that rewards builders for the value they bring to the chain. It pays out RON rewards (real tokens) monthly based on a variety of metrics. You can view the current leaderboard here: pod.roninchain.com/ to get a sense of the metrics the system values and the teams currently on Ronin!

That was a brutal shakeout. We lost a bunch of teams and soldiers as the excesses of 2021 took a lot of time to work off. Gaming was the hottest subsector of crypto in '21. But aside from a great 2023/2024, it's underperformed dramatically. And a lot of it is OUR fault. My fault. Here's the history of crypto gaming from my perspective. 2017: CryptoKitties moment. Gaming exposes scability issues with Ethereum 2018: CryptoKitty decline. Formation of Axie community. 2019: Bear market. Some interesting experiments with tokenization of game items. Axie Land sale. 2020: Axie Classic launched. SLP pumped by 4chan /biz creating pumpanomics flywheel. AXS launched on Binance. Binance lists SLP. Axie hits 10,000 DAU. 2021: Axie goes crazy. Billions pumped into crypto gaming. Lots of bad teams funded. Launch of Ronin. 2022: Pain and torture. 2023: Pixels goes crazy at the end of the year. 2024: Pixels/Ronin go crazy. Opportunistic teams start showing up again. RON makes ATH but underperforms since then. 2025: Pain and torture. 2026: More pain but signs of renewal and final capitulation from bad teams. Interesting experiments start showing up again. It's been a mental rollercoaster to go through this. But I'm always able to find some perspective and reasons to be grateful. Axie, if it weren't for a few meetings and even taking on a third party dev contract would have died in 2018 and none of these "problems" would even exist. And that would be a much sadder timeline. So in some ways, it's a blessing to still be here, alive when others are giving up or being forced to fold. And i'm grateful to everyone who's shared moments with us on this journey, and of course, to those that are still here. Maybe crypto is over and the haters will be finally right. But that's never been the case. And it's always been during these moments of pain that sunlight begins to break through. Cycle theory says we bottom in October/November. Perhaps we bottom now. TBH i don't care, because the market isn't something I can control. What we can do is make sure that we do the hard work and lay the foundation so that when the time comes we're positioned correctly, with strong products, strong community, and innovation. Anyways. Now we're here. And teams are starting to pick up the pace again. Here's what I saw over the weekend! xitter.cf/PlayCalamity/status/20… xitter.cf/Ronin_Network/status/2… xitter.cf/Ronin_Network/status/2… xitter.cf/AxieInfinity/status/20…

Finally got to meet @balajis in the flesh at @ns! Discussed crypto adoption in SEA 🫡

The next 24 hours and the path ahead. 1. In 10 hours Ronin will go into hibernation for ~ 10 hours as it upgrades into an Ethereum L2. 2. No user/player activity is required for the migration. 3. Once Ronin is back up, inflation will be cut dramatically. Treasury inflows will be up from gas fees, more Ronin marketplace fees, and 90 M RON from the allocation formerly used for staking rewards. 4. Projects that have registered for Proof of Distribution will start earning RON rewards based on the activity they bring to the network. Projects must be registered in order for the system to start crediting it with $RON. Proof of distribution will very publicly show which teams are performing and succeeding. Programmatically, without me or Sky Mavis having to curate and tell you which projects are doing well. 5. I expect all key metrics across the chain to start to improve. You get what you incentivize. Proof of distribution and bRON/bAXS are all systems that are net new to crypto and have never been rolled out at scale like we are doing now. See you on other side mfers.

The insane lore of Korean admiral Yi Sun-shin and the Turtle Ship: - born in Hanseong (Korea) in 1545 - from a young age, Yi developed a passion for military strategy and martial arts - failed his first military exam at 28 after breaking his leg during a horse riding test - passed on his second attempt four years later, beginning his career as a low-ranking officer - spent years in obscurity, repeatedly passed over for promotion despite his brilliance - was even court-martialed and demoted to a common soldier after refusing to follow corrupt orders - in 1591, just one year before Japan's invasion, he was appointed Admiral of the Left Jeolla Naval District - with almost no time, he began building a revolutionary warship: the Geobukseon — the Turtle Ship - covered in iron spikes and armor plating, it was one of the world's first ironclad warships - in 1592, Japan launched a massive invasion of Korea with over 150,000 troops - Yi met the Japanese fleet at the Battle of Okpo — and destroyed 26 enemy ships without losing a single one of his own - went on to win every single naval engagement he commanded - in 1597, political enemies framed him for insubordination — he was tortured and stripped of rank - his replacement led the Korean fleet to catastrophic defeat almost immediately - the king, desperate, reinstated Yi — but gave him only 12 ships - facing 133 Japanese warships at the Battle of Myeongnyang, Yi refused to retreat - he won. 12 ships against 133. not a single Korean vessel lost. - in the final battle of the war in 1598, Yi was struck by a stray bullet - his last words were: "the battle is at its height — do not announce my death." - Korea won the battle. Yi did not live to see it. - he never lost a single battle in his entire military career - commanding 23 victories across 23 engagements - to this day he is considered one of the greatest naval commanders in human history

they called in an expert!