Ronin has made a groundbreaking update that is set to revolutionize the ecosystem: the introduction of Open Ronin, a permissionless platform for developers. This means that developers no longer need approval to build on Ronin; anyone can now deploy dApps, tools, or services, creating a more open and community-driven network.
The move towards permissionless networks brings a host of benefits, including open access for all, greater decentralization, and a wider range of dApps and services. This shift is expected to attract a wave of new projects and developers to the Ronin ecosystem.
To celebrate this update, Ronin has launched the NFT Trading Contest, offering over $100,000 in rewards for traders who generate real volume and climb the leaderboard. The contest, running from February 10th to March 10th, is open to anyone with a Ronin Wallet, with no additional registration required. With prizes including $50,000 in $RON for the Top 500 traders, $50,000 in raffled NFTs, and special partner prizes for the Top 10, there is plenty of incentive to participate.
To maximize your chances of success in the contest, it’s important to understand how points are calculated. Action and Collection Boosts can help amplify your points, with trading NFTs from specific collections earning you a multiplier on your trade volume. Additionally, the introduction of Collection Offers on Ronin Market allows you to make offers that apply to every NFT within a collection, streamlining the trading process.
For successful NFT trading on Ronin, it’s essential to research collections thoroughly, leverage Collection Offers, time your buys and sells strategically, manage risk by staying safe on the network, and stay updated with Ronin’s official channels for real-time announcements.
As Ronin embraces a permissionless future, we can expect a surge of new projects and developers to join the ecosystem. The NFT Trading Contest presents a perfect opportunity to explore Ronin’s open marketplace, discover new collections, and potentially earn big rewards while experiencing the network’s unlocked potential.
With these exciting developments, Ronin is making waves in the blockchain community and setting the stage for a new era of decentralized innovation.