Ronin Network, developed by Sky Mavis, is launching a new program that allows developers to earn income in the form of RON, AXS, and USDC for user activity.
Program Overview
The Developer Revenue Share Program allows developers to receive payouts based on the activity of users they refer. Rewards are distributed in cryptocurrencies RON, AXS, and USDC.
> "The Builder Revenue Share Program allows developers to earn weekly payouts based on the revenue generated by their referred users’ activity within the ecosystem." - Ronin Ecosystem Team, Sky Mavis
Financial Aspects of the Program
The program aims to redirect economic incentives from traditional validator-focused models directly to developers. The payout size will depend on the total revenue generated by Sky Mavis from user activity, rather than from a predetermined grant pool.
Prospects and Impact on the Ecosystem
It is expected that this program will increase developer activity, which could raise the demand for RON, AXS, and USDC, significantly impacting the market for these tokens. Previous initiatives, such as the $300K innovation grants, support the potential for developer growth and engagement, setting precedents for wide adoption of this strategy.
The launch of the Developer Revenue Share Program in Ronin Network may lead to significant increases in developer engagement and positively affect the development of the ecosystem, which could also influence token values and network activity.