Ronin's neither fat nor thin
Relative price statis in 2024
Earlier this year, I had a look at the performance of some of the gaming tokens on the TON blockchain through the lens of fat-thin protocol.
This is the debate about whether the value of a blockchain flows to the base layer (fat) or is captured by the most successful projects running on the base layer (thin).
In the case of TON, it remains the case that…
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