New York, NY — February 19, 2025 — Forkast, the prediction market platform designed for gaming and internet culture officially launches today on the Ronin! Developed by Community Gaming, Forkast allows users to create and participate in prediction markets centered around topics in gaming, streamers, esports events, and Web3 assets.
The Power of Leveraging Collective Intelligence
The fundamental strength of prediction markets lies in their ability to harness collective intelligence through a skill-based system across various domains. Prediction markets fundamentally differ from gambling platforms in their core mechanism: they are information aggregation machines. While traditional betting platforms set their odds, prediction markets create a peer-to-peer marketplace where prices reflect real-time probability estimates from informed participants.
Imagine you’re a devoted fan of an esports team like FaZe Clan, eager to predict their performance in an upcoming tournament. Or perhaps you’re a die-hard follower of IShowSpeed, tuning in to his travel streams as he showcases his athletic feats. Maybe you’re a seasoned user of the Ronin ecosystem, staying ahead of the curve by keeping up with the latest games, giving you a decisive edge over those less informed about recent developments.
$CGX Token & Its Role in the Ecosystem
Powered by $CGX, our versatile ecosystem token enables various forms of utility across the Forkast and Community Gaming platforms including platform incentives and staking.
Staking $CGX unlocks several benefits, including:
Unlocking monthly Loot Boxes filled with Forkast Platform Credits
Access to create new prediction markets
Access to CG+ Tournaments & Leagues
Governance participation in the forthcoming PVP chain
Earning $CGX Across Tournaments & Predictions
$CGX token powers our entire competitive gaming ecosystem, enabling players to earn it through:
Weekly Leaderboards that track prediction performance
Daily trading incentives that reward liquidity providers and active traders
Competing in tournaments across the most popular web2 and web3 titles
The Ronin Partnership: A Catalyst for Growth
The Ronin partnership is integral to Forkast, providing a gasless experience powered by the Ronin Waypoint wallet. The launch features a
Ronin ecosystem campaign page filled with markets tailored to Ronin users such as predictions on growth metrics, token prices, and network achievements.
Ronin is the largest gaming blockchain by daily active addresses which reached 2.27M users in 2024, demonstrating its ability to attract and retain the most web3-savvy users in the entire industry. As part of this partnership, Ronin will provide vital blockchain support, ensuring that transactions, staking, and rewards within the Forkast prediction platform are fast, secure, and cost-effective.
What’s Next for CGX and Forkast?
Looking ahead to an ambitious 2025 roadmap, Forkast plans to forge new partnerships with streamers, esports teams, and introduce AI-powered trading assistants, enabling users to make smarter, more informed predictions.
With its launch on Ronin, Forkast will bring prediction markets to gamers in emerging markets, empowering them to trade on the topics they’re most passionate about. Start earning from your insight today!
About Forkast
Forkast is a prediction market built for gaming and internet culture. Users can create and participate in prediction markets based on trending topics in gaming, memes, streamers, breaking news, and Web3 assets.
Developed by Community Gaming, the most advanced tournament management software in the industry with built-in wallets and automated payments for over 50,000 monthly matches. Since 2020, CG has paid over 20,000 gamers and created 800,000 wallets. Both platforms are powered by $CGX, a utility token used for staking and earning.
About Ronin Network
Ronin is an EVM-based blockchain purpose-built for gaming. Developed by Sky Mavis, the creator of Axie Infinity, Web3’s breakout game with over $1.3B in revenue, Ronin is the only blockchain proven to scale a single game to millions of daily active users, processing over $4B in NFT volumes to date. Optimized for near-instant transactions and minimal fees, Ronin enables millions of seamless in-game transactions, positioning it as the leading choice for Web3 games.
