A categorical ring is like a big toy box full of different types of toys. Imagine that there are some toys that are colorful balls, some that are wooden blocks, and others that are toy cars. Each type of toy is like a category in the categorical ring.
Now, just like you organize your toys by putting all the balls together and all the blocks together, the categorical ring organizes the different categories based on how they relate to each other.
For example, imagine you have some toy cars that are red and some that are blue. You can organize these toy cars into a subcategory based on their color. Similarly, categorical rings have subcategories that group together categories based on their similarities.
In a categorical ring, there are also things called morphisms. These are like imaginary roads that connect the different categories. Just like you can imagine a road connecting the category of toy cars to the category of wooden blocks to make a ramp for the cars to drive down, morphisms in a categorical ring connect one category to another to show how they are related.
Overall, a categorical ring is like a big toy box with different types of toys organized into categories and subcategories, and imaginary roads (morphisms) connecting them to show how they are related.