Community Gaming has announced the upcoming launch of Forkast, a game prediction marketplace built on the Ethereum sidechain Ronin.

Ronin, a blockchain network developed by Sky Mavis, creators of Axie Infinity (Access) also powers other projects like Pixels. When Forkast launches, users will be able to make predictions on various topics, including gaming, esports, live streaming and web3, according to press release. From community games.

The cross-chain prediction market is scheduled to launch on January 7, 2025.

In a Blog post Announcing the upcoming launch, the Ronin team said:

“This represents an important milestone in Ronin’s journey towards an ecosystem beyond gaming and towards consumer-focused decentralized applications. Their $CGX ecosystem token will also be launched on Katana DEX alongside Forkast.

The expected reveal comes after Forkast introduction Earlier this month, with this latest development, the gaming predictions marketplace became one of Ronin's first integrated consumer apps. This should help boost DeFi via Ronin.

Share and earn rewards

Forkast will enable users to stake their CGX tokens to earn rewards while making predictions on custom markets related to internet culture, gaming, eSports and web3. The platform will offer weekly rewards and daily liquidity boosts to boost 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 facilitate these interactions.

As the cryptocurrency gaming and prediction markets expand, ease of onboarding users becomes crucial. Forkast plans to leverage Ronin Waypoint, Ronin's keyless account and wallet system that allows unified gaming without the need for seed phrases or wallet extensions.

Waypoint will also see users benefit from non-invasive transactions when claiming rewards such as loot boxes.

Ronin validators adopted Chainlink's cross-chain interoperability protocol in October, with CCIP becoming the network's official cross-chain infrastructure. CCIP was launched on Ronin earlier this month.