Ronin

Ronin

RON #504
C 38% L1 Protocol Watch

Project Safety Score: 38%

Updated 2 minutes ago
RoninRON
Market Cap$41698223
24hr Volume$2124787
24hr Change2.9%
Price$0.05398668849355604
Coverage: 5 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: L1 / Protocol Coin - scored on network security, adoption, dev health, economic design, governance
Track
Record
64 BB
100% · medium
Developer
Health
0 F
100% · medium
Network
Security
54 CCC
100% · medium
Social
Behavioral
40 C
80% · low
Adoption
& Liquidity
34 C
100% · high

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RON Ronin Details
Type
Layer 1 (L1) Smart Contract Platform
Launched
2022
HQ
Ho Chi Minh City, Vietnam
Team
Doxxed
Smart Contract PlatformGaming (GameFi)NFTLayer 1 (L1)Play To EarnZero Knowledge (ZK)FTX HoldingsGaming Blockchains

RON is the ecosystem token for the Ronin chain. It will eventually be used to pay gas fees and secure the network for both Axie Infinity and future games/products hosted on the chain.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

The Ronin (RON) token has a final score of 32.75 out of 100, categorized as 'C'. This score reflects a high confidence level in the assessment, covering various aspects of the project's security and viability.

Economic Design (90/100 - AA): The Ronin tokenomics are well-structured, with a hard cap of 1 billion tokens. Approximately 77% of the total supply is currently in circulation, indicating a significant portion is already available in the market. The allocations are as follows:
Sky Mavis: 30% (300,000,000 tokens)
Community: 30% (300,000,000 tokens)
Staking Rewards: 25% (250,000,000 tokens)
Ecosystem Fund: 15% (150,000,000 tokens)

These allocations are designed to support the network's growth and incentivize participation. (support.roninchain.com)

Developer Health (0/100 - F): The project's development activity is concerning. There are no GitHub stars, forks, or recent commits, indicating a lack of ongoing development. This stagnation raises questions about the project's future progress and responsiveness to issues.

Network Security (19/100 - D): With a market capitalization of approximately $78 million, the network's security is relatively low. This suggests potential vulnerabilities that could be exploited, posing risks to users and investors.

Social Behavioral (21/100 - D): The project's social media presence is minimal, with no significant following on platforms like Twitter or Telegram. While sentiment analysis shows 83% positive feedback, the lack of a substantial online community may hinder user engagement and trust.

Adoption and Liquidity (46/100 - CC): The project is listed on 40 centralized exchanges, with 23 considered trustworthy. However, the daily trading volume is relatively low at $19.6 million, indicating limited market activity. This could affect liquidity and the ease of trading the token.

Inherent Risk: The Ronin token is subject to the same market-wide volatility as all crypto assets. Notably, in March 2022, the Ronin network experienced a significant security breach, leading to the loss of over $600 million in assets. This incident highlights the potential risks associated with the token and the importance of thorough due diligence before investment.

  • Kris Nguyen - CEO LinkedIn ↗
    Prior: Axie Infinity
    Co-founder of Sky Mavis, the company behind Ronin.
  • Alexandre Dreyfus - CTO LinkedIn ↗
    Prior: Axie Infinity
    Co-founder and CTO of Sky Mavis.
  • CertiK 2022-03-29 critical findings report ↗
    The audit identified several critical vulnerabilities, including a private key compromise leading to the loss of over $600 million in assets.
View whitepaper ↗ (2021)
Quality: high
Max supply: 1000000000
Team allocation: 30.0%
Investors: 30.0%
Public: 40.0%
Next unlock: 2022-01-27
Vesting complete
  • hack 2022-03-29 · $600000000
    A private key compromise led to the loss of over $600 million in assets from the Ronin network.
  • High-quality whitepaper
  • Strong backing from reputable investors
  • Re-locking of tokens to enhance security
  • Low economic security
  • Majority of recent sentiment is negative
  • No recent code commits
  • No recent development activity on GitHub
  • Low market capitalization relative to circulating supply
  • Minimal social media presence

Price Chart - Ronin

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71%
Profile Status
Data completeness
Some data missing
High confidence

Technical Analysis

Buy / Sell signals

Market Stats

All-Time High$4.45
All-Time Low$0.0513
Circulating772401679
Total Supply1000000000

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