Ronin Ethereum Layer2 Launches Developer Revenue Sharing Plan

The new initiative rewards developers for activities like NFT minting and transactions on the platform, aiming to foster growth within the ecosystem.

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Summary

Ethereum Layer2 project Ronin has introduced a revenue sharing plan for developers, offering rewards for activities such as NFT minting and transactions. The initiative aims to encourage more participation and growth within the platform's ecosystem.

Terms & Concepts
  • Ethereum Layer2: Scalable solutions built on top of the Ethereum blockchain that aim to improve transaction speed and reduce costs.
  • NFT Minting: The process of creating a non-fungible token (NFT) by recording it on the blockchain, making it a unique and tradeable asset.