Ronin Blasts Through All-Time-High!🚀 INTERVIEW🔥 Sky Mavis

Summary

The video discusses web3 gaming, focusing on the Ronin Network and Axie Infinity game. It analyzes Ronin's growth, including Pixelmon's migration from Polygon, and Sky Mavis's plans to open up Ronin for more developers in 2024. There is discussion around mobile gaming limitations, Axie's origins gameplay, and potential partnerships with Netflix and VR platforms. Overall, it aims to provide an in-depth look into Ronin and Axie's ecosystem, roadmap, and future in the evolving web3 gaming landscape.

Takeaways

• 😊 Ronin Network saw strong growth in daily active users after PixelMon migration
• 💡 Ronin plans to open up network for any developers to build games in 2024
• 😎 Axie Infinity still ranks #1 in key web3 gaming metrics like active community and marketplace volume
• 📱 Mobile integration remains a priority but challenges getting Axie fully on app stores
• 🔗 Interoperability with third party games still needs to be proven for Axie & Ronin
• 👾 Axie focusing on growing Axie-specific interconnected games before opening up IP partnerships
• 🌉 Ronin open to bridging with chains like Solana in future as it opens up network
• 💰Onboarding with fiat remains an issue with high fees, working on solutions
• 🎮 Sees future of web3 games as digital nations with gaming as core activity
• 📺Open to IP partnerships (e.g. Netflix) to expand distribution platforms

Q & A

What is the Ronin Network and how does it relate to Axie Infinity?

The Ronin Network is an Ethereum sidechain developed by Sky Mavis specifically for Axie Infinity to provide faster transactions and lower gas fees. It allows Axie Infinity to scale while still benefiting from Ethereum's security.

Why did the game Pixels migrate from Polygon to the Ronin Network?

Pixels migrated because the Ronin Network provided better support and attention from Sky Mavis, allowing Pixels to grow its user base from 10,000 to over 100,000 daily active users.

How does the Ronin Network compare to other gaming blockchains?

While other gaming chains may have more games launching, Ronin has real mainstream traction with over 2 million monthly active users between Axie Infinity and Pixels. The user base makes Ronin undervalued.

What interoperability plans does Sky Mavis have for the Axie universe?

Sky Mavis plans interoperability between different Axie games first before expanding to partnerships with major web2 IP. The goal is to make the Axie universe bigger before adding in external IPs.

What scaling solutions is Sky Mavis exploring for the Ronin Network?

In Q1 2023, Sky Mavis plans to announce Ronin scaling solutions to support hundreds or thousands of games, including potential parallel EVM sidechains.

How will Sky Mavis monetize the Ronin Network?

Sky Mavis will monetize Ronin similarly to MetaMask - through fees on wallet swaps and their NFT marketplace revenue whenever users interact with Ronin-based apps.

When will the Ronin Network be opened up to any developer?

Sky Mavis plans to open up Ronin Network deployment to any developer in 2024, while still curating top teams in their Mavis Hub.

What is Sky Mavis's perspective on VR/AR gaming?

Sky Mavis is not focused on VR/AR yet as the market is still nascent. They want to demonstrate real web3 benefits before adopting cutting edge technologies.

How does Sky Mavis plan to achieve mass onboarding to Ronin?

Sky Mavis is using solutions like direct fiat onboarding through Binance to avoid high gas fees faced when buying crypto. They aim to be the place where billions first create crypto wallets.

What does Sky Mavis envision for the future of blockchain gaming?

Sky Mavis believes future blockchain games will be digital nations with complex interconnected economies and jobs - entire worlds beyond just playing games and spending tokens.

Outlines

00:00

😀 Introducing web 3 gaming and the Ronin Network

The paragraph provides an introduction to web 3 gaming and the Ronin Network. It discusses Axi Infinity's performance being #1 on play-to-earn charts despite some criticism. It analyzes Ronin Network's market cap and transaction volume compared to Cardano. It also presents a checklist evaluating Ronin and Axi Infinity across various criteria like active community, CEO, visionary qualities, etc.

05:01

😃 Discussing the Pixel migration and Ronin's curated approach

The paragraph discusses the migration of Pixelverse from Polygon to the Ronin Network. It highlights Ronin's curated approach to work closely with only a select few games and influence their design decisions. It talks about the rationale behind bringing Pixelverse to Ronin - its strong core community and loop mechanics. The migration has led to massive growth in Pixelverse's daily active users.

10:02

😊 Ronin's roadmap for opening up and interoperability

The paragraph talks about Ronin's future roadmap. It plans to open up the network in 2024 so anyone can build on it. This requires scaling solutions which will be announced in Q1. It will transition to a model where Sky Mavis curates and works closely with selected games. The discussion also covers interoperability - connecting the Axi universe across different game types initially, before opening up to partnerships with major IP's.

15:05

🤔 Discussing Apple store issues and alternative onboarding

The paragraph discusses the difficulties of getting Axi on the Apple app store due to rigid policies. It highlights alternative tactics like Honeyland to get on the app store and extract the 30% fee. It talks about Axi's wallet supporting easy sign-up without email initially. The vision is to bring billions of first-time wallet users into the ecosystem.

20:05

😕 Analyzing blockchain game transaction fees

This section analyzes transaction fees - a key issue in blockchain gaming. Transferring on Ronin network is cheap at 0.0042 Ron. But fiat onboarding involves bank fees leading to higher overall costs. Solana's success stems from solving scaling and fees. Ronin is expected to announce scaling solutions in Q1 to support high transaction games.

25:07

🤩 Discussing guilds, social and distribution platforms

The paragraph discusses leveraging guilds and social interactions to build network effects and digital nations in games. Strong core gameplay is still vital. There are plans to partner with web 2 gaming studios to tap into Axi's IP and distribute across platforms like Netflix which can expand its reach.

30:09

🥳 Wrapping up with thoughts on VR/AR and closing remarks

The final section revisits VR/AR gaming given Meta's recent Quest 2 success. But the guest still feels more commercial success and personal motivation is needed for adoption. Support depends on consumer demand emerging through platforms reaching scale. The talk concludes with the guest reiterating Ronin's plans to open up its network and Axi's ambitions.

Keywords

💡Web 3

Web 3 refers to the next evolution of the internet based on blockchain and decentralized technologies. It is a key theme in the video as the hosts discuss gaming and metaverse projects being built using web 3 concepts. For example, they talk about Ronin Network, Axie Infinity and other games leveraging blockchain and decentralization.

💡Ronin Network

Ronin is a sidechain built for Axie Infinity to address Ethereum's scaling issues. It is a core part of the discussion as the video analyzes Ronin's growth, including the Pixelmon migration boosting its user activity.

💡Interoperability

Interoperability refers to the ability of blockchain projects to interact with each other. The video examines Ronin and Axie's plans to enable interoperability with third party games and metaverse worlds.

💡Onboarding

Onboarding refers to the process of getting new users into a blockchain ecosystem. The video critiques Axie and Ronin's onboarding as an area needing improvement for wider adoption.

💡Mobile gaming

Mobile gaming is discussed frequently as a key platform for Axie and other web 3 projects to penetrate to reach mainstream adoption. Issues with Apple App Store policies are analyzed.

💡Metaverse

Metaverse refers to immersive 3D virtual worlds. The video examines emergent metaverse gaming projects and speculates on potential integrations with AR/VR.

💡Play-to-earn model

The play-to-earn model is where players earn real value rewards from game economies. Axie pioneered this and discussion centers around strengthening its play-to-earn experience.

💡Guilds

Gaming guilds are organizations that pool community resources to better participate in play-to-earn games. Axie benefited from early guild growth.

💡Scaling

Scaling refers to increasing a blockchain network's capacity for more transactions and users. The video examines Ronin and Ethereum's scaling limitations.

💡NFTs

NFTs (non-fungible tokens) represent ownership of unique digital assets. Games like Axie use NFTs to power their in-game economies.

Highlights

Axie Infinity is still very active in the web 3 ecosystem with over 1.3 million ETH in total sales

The Ronin Network saw a 10x increase in daily active users after the Pixelmon migration from Polygon

Ronin Network is planning to open up deployment to anyone in 2024 along with scaling solutions

Sky Mavis aims to be the place where billions of people create their first crypto wallets through games like Axie Infinity

Axie Infinity has strong emotional connections and multi-generational IP potential

Honeyland found a way to bridge crypto payments on iOS while extracting Apple's 30% tax

Alex is not very bullish on VR/AR for games until there is more commercial success

Axie is focused on showing the real benefits of web3 before layering on more advanced tech like VR/AR

Axie aims to partner with web2 studios to use Axie IP in more games as a distribution platform

Alex sees future blockchain games as digital nations with core communities enabling more financial layers and jobs

Axie Infinity trailers and content are generating millions of views showing the strength of the IP

Low fees on Ronin make it advantageous compared to networks like Immutable X

Onboarding with fiat is still an industry-wide challenge with banking fees

Axie aims for interoperability between Axie-specific games before adding other IPs

Pixels migration brought attention and growth it deserved from Polygon to Ronin

Transcripts

[Music]

all right so let's take a little bit of

a deeper dive into web 3 and

specifically the Ronin Network and what

this means for games like axi infinti

but also maybe for the bigger strategy

that's happening around projects in the

web three land so we'll break it all

down for you my name is Paul bar I'll go

back into Tech path all right so a

couple of things I want to hit on just

to kind of give you guys a framework of

you know what happens in web 3 gaming

because it's a little bit of a a gaming

culture I'll go to you know our friend

stash he's been uh been hit pretty hard

here of course with the Rona community

and uh they're basically talking about a

couple of things with axi Infinity uh

he's probably mentioned axi five to six

times over three years in videos and

he's basically cling claiming axi is not

dead but it's you know the game is not

what he wants it to be however with that

being said if you look at the perform

performance of axi Infiniti they're

still number one number one on the play

to earn chart and if you look at their

social score let me kind of zoom in on

that right there I mean they're number

one by a long way so if you look at

their Marketplace also the marketplace

overall stats right now if you look at

the 30-day I mean you can kind of see

this volume at over 1.3 million in eth

total sales 220,000 axi sold still

around 200,000 so this game is still

very very active in the web 3 ecosystem

further into this one of the big things

that happened with axi of course was the

pixel migration pixel of course moving

over over from polygon into the Rona

Network that was a big win if you look

further into this on key metrics right

here just to give you guys an example

look at this rise this is 180 days and

this is active daily users past 180 and

you can kind of see this rise here sure

pixels definitely one of the viral games

and of course that being on the Rona

network is is part of that we're going

to get into this with uh our interview

today uh with the axi team as well I

want to go over to uh keko just to give

you guys an example also which this is

the thing Ronin is now at an all-time

high in terms of market cap if you look

at the volume on Ronin also very

impressive holding it around 10 million

uh not bad in terms of this period of

marketplace and if you compare this to

one of the top 10 tokens out there

cardano in the same period also in

September also hovering around 10

million so uh for the fact that Ronin is

uh doing this much in terms of

transaction this is a big deal this is a

big deal I think for web 3 but it's also

I think a big uh Initiative for what's

happening within gaming but the point is

we're trying to go through and do our uh

2023 and 24 uh web 3 and gaming

predictions one of the things that we do

is we build our research team builds our

checklist for all of these projects and

this is the checklist for Ronin and axi

and we look at it on these categories

active Community they've done it uh Mass

Appeal demographic they've done it self-

custy and top wallets not there just yet

crossplatform uh console mobile I I

would say that there there is some

attempt there but it's not fully uh

integrated across platform at this point

multi-game ecosystem definitely uh in

play nfts on major marketplaces that is

not available right now uh easy on

boarding this is another problem and I

I'll talk to Alex about this as we get

into it but not completely there we're

going to give them a chance to kind of

respond to this Innovative uh definitely

crater economy I think there would be uh

maybe an argument there as to whether

they have one or we think it's a little

bit weaker uh CEO absolutely Visionary

and adaptable uh and understands the

market and then you know

interoperability with third party games

I think that's a question mark that

still needs to be answered answered

we've done an illustration for you that

will make it very simple to understand I

think and it's what we call the wall

Garden versus the network effect now

these are the gaming ecosystems that we

think are are doing really well you got

Gala a wall Garden it's closed you've

got Ronin with pixels coming in that

starts to kind of open this up a bit

it's interesting and then uh things like

immutable X which also with beam coming

over from Avalanche also starting to get

interesting and then flow also wall

Garden but if you compare this out here

into the wallets uh that are out there

many of these uh struggle to get that

interoperability and then you look at

things like sandbox mocha verse all

those projects that you see down there

and then salana which seems to be

opening up a pretty much a small castle

for uh web 3 gaming obviously we saw

honey Landstar Atlas in there but the

interesting thing for salana because it

is an open network is the potential for

an evm Bridge which could happen through

neon so we've kind of covered that

that's a little in you know uh token

right there in the corner so it kind of

gives you a visual on what's happening

in the web 3 gaming space so I want to

invite in our guest today and of course

that's Alex coming over from Sky Mavis

joining our show today so let's just

jump over to to Alex hey Alex how are

you

man I'm great Paul thanks so happy to be

by yeah it's good the last time we had

you on I was looking at our YouTube

channel one year ago uh and of course we

were in the depths of the uh the bare

Market at that time and we've covered

axi over the years uh quite a bit we've

had you on a few times so we appreciate

you coming in to to talk about this I

want to go back to our checklist and

just get your opinion on this especially

in the uh crossplatform console mobile

side of things argue that with me for a

little bit where are you guys in terms

of uh mobile integration uh when you

consider these uh platforms like the the

Apple Stores of the world um you know

right now Origins is available on um on

Google Play but still not on the on the

app stores like fully uh so you know

there there is a little bit of a way to

go there but it's a priority for us axi

classic which has just been re-released

uh we're working on getting that on the

Apple Store uh which should be quite

exciting so there's a lot to to look

forward there but I would you know I

would say that you know axi being mobile

first should be uh should be counted as

you know at least a semi check mark

there okay all right we'll get the semi

check mark let's go into a little bit

about the pixels migration from polygon

why do you think that this occurred what

was the obviously you know with the team

that uh has integrated now within Ronin

what what was the I guess the mission

here you Rona network is still a curated

chain uh we are only working with a

select few parties in more of a

publisher type of relation relationship

so we can't actually work with hundreds

of differ of games and that is by Design

because we think that by focusing our

efforts on a couple of great Founders in

games we are able to influence their

design decisions and help them avoid

making the same mistakes that we did

with axi for example so that they can

succeed even more so we look for

experimentation and fast iterations and

we think that Luke uh from the pixels

team he has that in abundance so it was

a great fit there you know Je actually

met him in Japan um face Toof face for

an axi Meetup and I think they had a

great conversation uh which is kind of

what led our team to take a deeper look

and when we were observing pixels we

found that you know they had a core

Community they had some great Loops

already but we felt like they didn't

really get the attention they deserved

from polygon uh so they had about 10,000

daily actives and and after the Ronan

migration it went all the way up to

127,000 uh so you know what we call that

is the Ronan effect and we're very happy

and right now I think you showed

initially it's uh it's been growing

massively and you know we're very

excited about even the the the native

token launch there which is going to be

called pixels so a lot to look forward

for when it comes to pixels but at the

end of the day it really comes down to

the iterative approach that the team has

Farmland over from pixels this is still

writing on ethereum though within uh opy

how much of pixels is running on

Ronin so the land itself is going to be

migrated as well uh so this is the only

the ownership of the land is the only

thing that's not migrated right now the

rest of it is fully on R the network and

the land is going to be coming it's it's

uh you know some technical uh work left

to do there and also I think some

incentive designed to make sure that

people are actually uh migrating their

their pixels land over because whenever

you do cross chain bridges for nfts it's

it's a little bit tricky yeah well has a

lot of the DNA I think of uh axi

infinity in general you know obviously

that's migrated because of the fact that

you had so many players that were able

to adopt it so quickly so kudos to what

you've done there what about

interoperability I was looking at this

tweet right here mocha vers and pixels

online phase two now live but what about

interoperability with pixels is this

going to open up some opportunities for

you guys axi interoperability means an

interconnected Universe where axi you

know game characters are traveling

between axis specific type of games uh

and then eventually opening it up as

these uh as the technology gets stronger

and the IP gets stronger as well and

then you have a game like pixels which

is you of course pixelated it's much

easier for them to add different uh you

know utilities from other games so that

they can add uh all of these other let's

say uh nft for example collections so

that's another way of doing

interoperability I think uh you know

it's a good start but for axi we want to

make the the axi universe bigger with

different interoperable experiences

within that first before we start adding

new IPS especially kind of opening it up

fully I think we will do axi IP

partnership let's say with bigger

different like they said web web two IPS

uh and we're exploring that as well but

we haven't announced it yet okay all

right so in terms of the road map for

you know additional projects going I was

looking at your

ecosystem right here you've got

obviously axi um zoids Peron couple of

these many people will some will

recognize some may not

why would this not be I mean I'm looking

at beam or things that are happening

within Avalanche and salana I mean

there's a lot of building going over

there Alex why would we not see more

projects coming into Ronin especially

now that pixels is paved the way is this

mean that we're going to see a lot

more so it comes down to the curated

approach you we we get I would say tens

of application of games that want to

launch on Ronin every single day uh

right now we are carefully picking and

choosing the teams that should uh come

onto Ronin but it won't be like that

forever uh so this is a a small uh leak

here uh some of the Ronan community

members know this but a part of the road

map is actually opening Ronan up so that

anyone will be able to deploy on Ronin

so I'm very excited to do that hopefully

sometime in

2024 I think depending a little bit on

sorry that's going to be huge that'll be

big yeah to me that that that that's

something I'm very excited about and so

that that you know that has to come with

scaling Solutions as well so we actually

expect to announce our scaling plans in

q1 uh so that Ronin can start supporting

hundreds and if not thousands of games

and then you can uh think about uh you

know Sky Mavis and the Mavis Hub as the

main place where we will curate uh teams

so right now we're we are let's say we

are per permissioned in the sense that

nobody can deploy on Rona Network unless

they are working with us in the future

anyone will be able to deploy but if

they then get attention from the

community members that's when we will

pick them up and we will work even more

closely with them from the mavy

perspective and that's the the plan for

2024 okay so that that's uh that's a big

statement because that does put you guys

in the league of a lot of these other

chains that have kind of done that you

know in terms of drawing in developers

so the ability to deploy within the Rona

Network I I like that uh it'll be

interesting too because you guys do have

a bit of an edge in the marketplace in

terms of player Community I would say

still one of the strongest if not the

strongest we showed uh your sentiment

score there from play to earn still

number one by far you know in terms of

that so and I like the fact that you're

open this up opening this up to so many

new developers so that's a good scenario

yeah and I don't know like I think IMX

has maybe 2,200 or something like on

chain users is in a totally different

League of all of these other other uh

blockchain networks that are specified

for games and I think the

counterargument there is you know they

have a lot of different things in in the

pipeline but you know that is

meaningless if some of these teams can't

ship the only thing we care about is

data where are the users and our belief

is that if the users are using R the

network you know they should also

actually you know my belief was that

whatever product that I used when I was

kind of a djen back in the day I should

just buy those tokens because uh what

else should I be buying like that's the

thing that I use every day so it's a

very bullish thing I think for R the

network that we actually have of these

active players and I think it's actually

undervalued by the market right now um

and of course you know it's actually

hard to buy Ron as well you know because

it's not listed on binance or coinbase

and I think that that is the thing that

some people are missing but the fact

that you're opening up Ronin for

developers that's going to create I

think some very very good um economies

of scale because of the capability of of

growing and pixels has kind of already

proven that in terms of just how quickly

they've they've affected uh The Rona

Network's let's talk about Apple for a

second you guys rolled out a light

version of uh axi infinity on the Apple

Store and I understand why I mean you

know the issue with apple is still a

well-known issue there have been uh some

game devs we talked to the honeyland

team here just this week and they've

kind of got a unique way to kind of go

around the process of the App Store

still getting them you know they're

still extracting their 30% tax because

the iOS ecosystem definitely not going

away Mobile gaming definitely not going

away how do the two meet yeah so first

of all I loving what what hyand is doing

I think it's it's quite interesting to

to follow as a as a smaller uh actor in

the space I think they can be more

aggressive than than what we can be uh

whenever we try to ship something on the

App Stores you know we have if if not

the CEO himself looking at it definitely

feels like there's a lot of uh product

people looking at our releases uh so it

also limits a little bit of our

opportunities there so we've actually

taken a step back and what we've said is

that we have to be very aggressive on on

the web three side and really cater to

to the the the I guess I get people

involved through that and then it has to

come organically like the desire from

people to own their digital Assets in a

new way uh through these app stores and

and you know when they start demanding

it that's when the app stores are going

to change of course we're going to be a

part of it a part of the process uh just

like what epic games is doing right now

you know they're fighting Apple you know

we'll join the fight to make sure that

um apple is uh respecting people's

digital property rights which is

massively important in this day and age

I think uh you know at the end of the

day that's what we're fighting for here

and that's um what's what will you know

get people excited about the space uh

you know and when I'm looking out I I

saw your initial segment here when when

you we talk about crypto stash and you

know his opinion on axi and you know we

see this so much about people having you

know oh the game is not good actually

people love axi infinity even the

classic version version of the game you

know the the the the the rock paper

scissor type of gaml you know there's

critical strikes in there it's a lot of

excitement it has a strong emotional

connection in people's uh you know in

people's heart and I I don't think you

should underestimate that uh but you

know that is not to say that axi is

moving into an amazing place right now

because the quality of the IP is just

getting stronger and stronger and I

think you know you can probably put a

segment in here where where you maybe

show the trailer of the new uh you know

axi Infinity trailer that we released on

on a couple of days ago which has over

2.7 million views on Twitter you know

which I think explains the the or which

shows just where axi is going from a

quality perspective you know axi is

going to be a multi- uh you know

generational IP that's what I'm building

towards I think what the axi community

is getting annoyed at is you know we are

willfully sometimes being misrepresented

or you know they might look at some old

clips or you know they they might talk

about as some kind of poncy scheme and

you know it's just not it's just not

where we are at right now if you look at

some projects out there they've been

able to crack the code on how to get

onboarding done a good one example that

we've played and tested here in our own

research lab is honey honeyland

honeyland was able to kind of bridge

this we've seen the functionality

granted you're getting a 30% tax on

whether you're buying the hxd uh which

is the token that honeyland runs it's

basically the Ron token for them and um

you know the good thing is yes there is

a fee there they're backloading it with

some other benefits so there are some

interesting tactics that are being done

within the iOS ecosystem why not go that

route I mean because that seems like a

solution that could work for axi why not

go that route uh so for Roland the

Roland wallet actually uh we we released

the first version uh which had web3 o so

you could log in and create a user with

just a uh with just your email um and

now we're actually shipping an updated

version to that which is using MPC I

don't see any problem with actually

doing the the the the way that the

hondai land is doing it it's actually

just about how will the Apple stores

around the world accept it but you know

definitely the the flow that we're

heading into and and it is possible

today as well uh it's just not for axi

as an IP which is so big and you know

how is being seen by everyone you know

if we do try to ship some of these

features you know it won't be accepted

so that's why it's not in there

obviously uh with within salana there is

one anop network capacity for this what

about looking at an evm you know whether

it's using something like neon or others

of being able to kind of bridge into

other ecosystems with what you guys are

doing is there any potential for that I

think there's a lot of potential for for

this especially as we start opening on

and up you know we'll see more bridges

um you know I don't see any problem that

that people will be able to migrate from

Solana or even the other way like if

that's where they want to the end of the

day this is about owning your own stuff

right owning your your digital property

right so that mean that you should be

able to do what you want with it and you

know that's where we are headed like I I

I I like thinking about par parallel

chains or parallel evm chains as a as a

potential skating solution something

that I'm very interested in right now um

and because I think you know salana is

doing great things when it comes to

scaling and you know it's showing that

maybe ethereum can be uh can be

surpassed but you know I actually think

that the evm or the ethereum ecosystem

should be leaning into uh ecosystems

like Ronin even more because we're

actually going to be bringing in the

players and I'm looking like my vision

for Sky Mavis is to be the place where

billions of people create their first

wallets because we monetize through

wallets whenever they are in our wallets

similar to metamask when they click swap

that's when Sky Mavis makes our Revenue

when they use our Marketplace that's

where we we make our Revenue but even

the Rolland wallet down the line can

also be open up for other chains so that

people that come into the ecosystem to

to kind of play roning specific games

they you know maybe they will just have

the ronand wallet for life but at the

same time fees are going to always be

the the issue and I know that you know

even we've tested within Ronin wallets

where the fees are a little bit High uh

and if you look at what we've seen

within the eth ecosystem I think that's

why salana has been able to crack the

code here especially in some of these

games that have a lot of transactions

which I am it's clear that you are going

to have that with things like pixel and

obviously what you guys are doing in

terms of opening up the the Ronin

Network how are you combating the fee

situation literally just right now I

transferred one run uh and I think the

fee to transfer one r on Ron the network

is but it we did this this morning this

was a 10 USD Ronin Ronin transaction did

you you mean you bought it from someone

or you transferred on the Chain itself

on this this is a buy this is a no this

has to be a purchase I think yeah you

were buying Rong with USD right so

you're onboarding to the chain through

Fiat conversion right yeah I think that

is a a different matter because you are

integrating with Fiat on ramps uh right

so there is a there's a Fiat uh like

there's a fee there that these guys take

the banks and the the Fiat provider that

could be transac or ramp Network or

whichever else you're using but when you

transfer on Rona network from wallet to

wallet you know the just did a

transaction right now it's it's uh you

know in the sense like it's

0.0042 Rong so you okay so what but the

get but getting on boarding obviously

that's going to be a big challenge

because this is typically the way people

would be coming into the network if

they're brand new to the game yeah Ian

so they can on board directly through

binance for example uh but you know

binance the relationship is is quite

solid so that's another entry point uh

where the gas phas is very low uh but

you know at the end of the day it's it's

I think it's the same issue that

everyone has when they are onboarding

into this ecosystem right because you

have to pay the banking uh the banking

fee let's talk about social five for a

moment and we've had and looked at a

variety of different social five

platforms some of which have recently

gone you know a little bit a little bit

viral but at the same time they've also

recoiled not a lot of uh you know

transactions definitely not a lot of

user growth uh when you look at the web3

gaming space and I was on with the

morray guys not too long ago and they

they introduced us to this thing they

call guil Tech and what are your

thoughts on this of building these

guilds or these guilds having the

ability to build social interactions

with players to create you know kind of

almost like a hive effect in terms of

growth you kind you guys kind of had

that with guilds yeah in the beginning

with axi so you guys were the OG of this

so what are your thoughts about social

in the future I I think it's interesting

what they're what they're doing with

guil tech um you know at the end of the

day it has to to to stem from a quality

product many users of course interacting

with it um to me it's like another

Financial layer on top of it which

enables more jobs actually so when I

look at these digital like the the

blockchain games of the future I see

digital worlds uh right now there are

fre like smaller digital Nations and

when I say digital Nations I mean that

there are some things that people can do

right they can play the game they can

spend some tokens but you need to expand

the nation so that you have more things

to spend money on and that could be uh

you know let's say different type of

games or more things inside those games

like another feature right all of these

things help build out the nation make it

so that people have more money to spend

on more things to speculate on so the

network effects become stronger and to

me that's the future of blockchain games

and that's really when kind of you can

see all of these other uh more financial

layers uh come into play but you know we

need more I think we need a core

Community we need a core game uh and

then eventually you can start building

all of these features on top of it uh

which add more value to to the to the

nation so to say yeah for sure talking

about the expansion of uh networks and

the gaming ecosystems one of the ones

that we're watching right now is Netflix

Netflix is continuing to grow their

gaming ecosystem why not drop uh Origins

into you know the playable version into

something like a Netflix to where people

could at least kind of discover this and

and really kind of expand on the axi

universe of people wanting to learn how

to play it yeah I mean I think that's a

great idea and and something that we

actually get a lot of uh ideas from the

community to to add different

distribution platforms and we will do

that as well so actually what we are

exploring is is is partnering with

different web 2 Studios to use the

axip uh there are a couple of games that

are are kind of hidden out there uh that

I won't say the name of that we're

trying out you know we're seeing the

retention metrics you know we're seeing

how how does it work uh and I think

we're just uh yeah I think axi will have

so many different type of games because

the IP in itself is so strong and

colorful you know vibrant uh and we have

enough funds to kind of keep developing

it uh so you know we'll we'll keep

trying and then eventually you know

we'll keep Distributing the game in in

certain

uh Alex I want to hit on a couple of

things here before we cut cut out and

one of course is arvr and you and I had

an interesting conversation on this and

it was in our last video I want to play

a clip for you let's go to that clip

real quick and I'll play it for you

because when you think about Emerging

Markets this I think has been an

underperforming or underserved uh

segment of the globe for quite some time

how far before we see VR coming your way

probably the the VR world if it gets to

the point where it's as High Fidelity

and feels as normal as real life then

yes I think it's going to be great but

and then we might do something like that

in axi but I think for me I'm I'm not

the terrible Bull on on on the on VR for

now on the VR side are yeah well I look

at how far meta has come in one year so

I think this meta Quest 2 device it it

will tell us real quick if we have a

winner all right and of course meta has

told us and I was looking at the just

the data on uh What's Happening Here on

the on the app number one for this

holiday season and that's a big leap

forward in terms of arvr would you not

agree or what's your position on arvr

right

now uh I don't really think it's changed

I think we need to see more Commercial

Success it still hasn't bled into my

feed basically I don't think the benefit

is uh strong enough to to make me take

the next step yet and I might be like a

good person to to you know when I say

I'm bullish you know we're probably late

because of because I'm not so interested

in that Tech right now um so yeah maybe

that's a good touch Point obviously meta

has done a pretty good job with being

able to roll this out the likelihood is

apple with their Vision product is also

going to go in this direction I think

I've got a clip on this to show as well

let's cut to that clip real quick I want

to show you guys something here really

excited to announce that we now have

access to Vision OS poly special tools

that available in unity so you can build

an existing Unity application whether

it's a mobile game or a full 3D game and

Target the vision OS platform and this

will build in this kind of Window mode

you can move it around this is a bound

area and therefore it's a Shar space so

animations work materials all transfer

over you can also see how we're getting

some of the reflections from The Real

World which makes this look really cool

cool and if you move the windows around

you can also see how it's all integrated

into the vision OS really cool demo

where you can see that we are basically

scrolling through our environment but

we're not going beyond the extended area

of the bonding box so this is just a

really cool use case that I think we can

use a lot for games definitely some

leaps forward is this a potential for

web 3 games like what you guys are doing

at Sky Mavis in the future what are your

thoughts sure I mean so so to me it

actually depends on what the consumer

wants and you know when this Tech

actually becomes like when the platforms

are big enough so I would also say I I

doubt that you know they are looking at

doing blockchain stuff right now because

they have so much you know they're

trying to get into the mainstream with

their own products and I would say the

same thing is true for blockchain in

itself you know it's just another tool

in the toolbx but the tools need to be

better before we can and before we can

actually see the real benefits so so

that's what I'm focusing on for now how

can we show the real benefits of web 3

before we necessarily start using all

other fancy tools which you know also is

another multiplier on difficulty um and

and I think we've started to see some of

those mainstream things like let's say

the the Mario Kart arcade GP VR I guess

it was called to me that's actually

really cool that's kind of I want to see

more of that stuff and I want to see

them you know in the houses of my nieces

uh you know I want them to to wish for

you know I want that game because I want

to experience those new things that's

when you know that you know that there's

something special here hey Alex it's

always good to catch up with what you

guys are doing at Sky Mavis so thanks

for letting us know about the uh the new

information happening uh for 2024 that's

pretty cool that you guys are I'm

excited to uh excited to release more on

that stuff and a blog post uh of course

you there's a lot of our community which

is very excited about this and wants to

know the plan you know it's been in the

works for a long time when you look at

the Ron and road map but I think that

the General market you know is it's

sleeping a little bit on that so

hopefully this should be a nice surprise

uh you know and more stuff is coming too

when it comes to the axi economy and you

know we're always experimenting a you

keeps saying you know we're the ogs we

are we're not you know we're planning to

to to keep building in the space because

we believe that there's a massive

opportunity here you know we came to win

you know that's it you're not I think

we're proving that that's the attitude

to have man take no prisoners hey it was

good seeing you Alex thank you so much

for stopping in today we appreciate it

thanks for having me all right so maybe

you guys over on the uh podcast side of

things make sure and jump over here to

the YouTube channel you get a chance to

see the visuals of what these podcasts

look like because there's a lot when you

get into a web 3 podcast you really need

to understand what is going on right now

what is happening in The Gaming

Community why this is so important not

only Society but also just with what's

going to happen in this Tech in the in

the future so jump over here to the

YouTube channel it's real simple just

search Paul Bear Network you'll find us

if you're not following me on X you can

do that also it's very simple just Paul

Baron we'll catch you next time right

here on Tech

[Music]

bath