Having launched on Ronin in February 2025, gaming, sports activities and crypto prediction market Forkast has introduced it’s transferring to Ethereum L2 Arbitrum.
Thanks additionally to a strategic enterprise from Arbitrum Gaming Ventures, the transfer will probably be mixed with a push into the broader streaming ecosystem. Forkast says Arbitrum’s 250 ms block speeds imply its capacity to combine into streams will turn out to be a key progress vector.
Notably, streamers will be capable to launch new USDC-based prediction markets for his or her audiences in real-time, creating new income streams for the streamers and likewise partaking their communities.
Forkast expects that transferring to Arbitrum will allow it to faucet into new sources of liquidity, as customers in addition to bigger crypto organizations like market makers and hedge funds can generate yield by taking part within the platform’s every day incentive program.
“Prediction markets reside or die by velocity and liquidity. Arbitrum’s unmatched efficiency and thriving DeFi group make it the right house for Forkast as we scale markets throughout livestreaming, gaming, and leisure — from World Cup matches and streamer performances to next-day Bitcoin value motion,” commented CEO Chris Gonsalves.
“As streaming reshapes viewers engagement, their quick, frictionless markets embody Arbitrum’s imaginative and prescient for scalable, consumer-ready functions. We’re proud to assist Forkast as they remodel passive viewing into energetic participation throughout gaming and tradition,” added AGV’s enterprise affiliate Ethan Sy.
As a part of the transfer, Forkast has additionally dropped assist for its CGX token, burning its provide. CGX was a part of the rewards system on Ronin through a staking mechanic. Nonetheless, the CGX value collapsed post-launch making it irrelevant for the challenge’s ongoing operations.
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