Ronin
RON
$2.79

Sector

Gaming

Exchange Debut

2022-01-27

Market Cap

919,300,513

Maxim Supply

1,000,000,000

Circulating Supply

329,552,682

Circ. Supply(%)

32.96%
Ronin logo

Ronin

RON

Price

$2.79

Market Cap

Sector

Exchange Debut

919,300,513
2022-01-27

Volume 24h

High 24h

Low 24h

24476814
2.962462600752
2.76882986929

Change 24h

Change 7d

Change 30d

-4.3207
-10.3937
6.1788

Maxim supply

Circulating supply

Circulating supply(%)

1,000,000,000
329,552,682
32.96%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Ronin cryptocurrency:

In our fundamental analysis of the Ronin cryptocurrency, we’ve found this EVM-based blockchain designed for play-to-earn games, notably Axie Infinity, has demonstrated remarkable potential despite several challenges. The game experienced significant growth within its first month on Ronin, resulting in impressive figures for NFT trading volume and active users. However, the comprehensive score assigned from the analysis stands at 3.55 out of 10, indicating that several areas need improvement for Ronin’s broader adoption and success.

SOCIAL & MASS MEDIA: Score 4.9 out of 10

Ronin has proven its capability to attract followers on social media, scoring a perfect 10 in this regard. The activities of social media administrators and community activity on these pages are moderate, both scoring 6 out of 10. Unfortunately, Ronin’s presence in the media and the size of communities on chat groups are underwhelming, contributing to a less than stellar overall score.

AUDIT & SECURITY: Score 2.2 out of 10

The fundamental analysis of the Ronin cryptocurrency reveals some significant security concerns. The audit results were less than satisfactory, which gives a potential investor pause. On a positive note, transparency of information available to the public and liquidity on exchanges were moderate, both scoring 5 out of 10.

TOKENOMICS: Score 3.55 out of 10

The token economy of Ronin requires significant attention. It’s an inflationary project and the centralized nature of the monetary mass scores a low 1 out of 10, raising questions about the distribution and control of the tokens.

ECOSYSTEM DEVELOPMENT: Score 3 out of 10

The overall score reflects a lack of progress in achieving objectives and bringing new developments to the project. The moderate score indicates that there’s a lot of work to be done to make Ronin’s ecosystem more robust and competitive.

TEAM & DEVELOPERS: Score 1.2 out of 10

The low score in this category stems from concerns about the team’s experience and the number of software developers involved. These concerns need to be addressed to improve the fundamental analysis of the Ronin cryptocurrency.

PRODUCT & UTILITY: Score 6.2 out of 10

One of the brighter spots in our review, the utility of the product, and the tokens within the ecosystem scored reasonably well. This suggests that Ronin has the potential to provide value to its users, which is a critical factor in its long-term success.

PARTNERS & INVESTORS: Score 1 out of 10

Unfortunately, the number and capacity of investors and quality of partners both scored poorly, indicating a need for stronger relationships and partnerships to enhance credibility and support.

Fundamental analysis of the Ronin cryptocurrency – The final conclusion

In conclusion, our fundamental analysis of the Ronin cryptocurrency reveals mixed potential. It has strong social media presence and the product shows promising utility. However, its low scores in team experience, partners, and audit & security should be considered red flags. These vulnerabilities must be addressed for Ronin to offer a sound investment opportunity. Investors should weigh these factors before deciding to invest in this project, taking into account their risk tolerance and investment objectives.

Ronin (RON) and Its Pioneering Play-to-Earn Model

Ronin (RON), a blockchain designed for play-to-earn games, has witnessed significant growth since its inception. Ronin uses Ethereum Virtual Machine (EVM) and supports the game Axie Infinity, a major player in the play-to-earn market. In just a month after launching on Ronin in July 2021, Axie saw a substantial surge in NFT trading volume, unique NFT traders, and daily active battlers.

Achievements and Popularity of Ronin

In its first nine months, the fundamental analysis of the Ronin cryptocurrency shows impressive numbers, with 250,000 unique daily active addresses, $5 billion in Total Value Locked (TVL), more than 2 million wallet downloads, and 15% of all NFT transactions on the market. Its decentralized exchange (DEX), Katana, has become the second-most popular DEX by weekly active users, showing a high level of integration within the Axie Infinity ecosystem.

Founders and Investors of Ronin

The development of Ronin is backed by Sky Mavis, a technology-focused game studio established by Jeffrey Zirlin and Alexander Leonard Larsen. Zirlin, a Yale graduate, and Larsen, a veteran in the blockchain space, have both been instrumental in the growth of Sky Mavis and Axie Infinity. Their efforts have garnered substantial funding, including a recent $152 million Series B round backed by FTX, aloz Crypto, Paradigm, and others. These funds are expected to propel the continued development of both Ronin and Axie Infinity.

fundamental-analysis-of-the-ronin-cryptocurrency

Ronin - RON performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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