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Gaming Blockchain Oasys Links With Korean Firm, Driving OAS To All-Time High

February 13, 2024
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The Oasys blockchain, backed by big-name gaming companies Ubisoft and Sega, noticed its OAS token hit an all time excessive late Monday, leaping 22% to $0.1414 after it introduced a partnership with Korean recreation developer Com2uS.

Picture: CoinGecko

Oasys—to not be confused with Oasis—is a mixture of a layer-1 blockchain and an Ethereum-compatible,  Optimistic rollup-based layer-2 scaling resolution. Particular person video games can launch their very own model, or “Verse,” to capitalize on its structure.

Oasys introduced that it might work with Korean recreation developer Com2uS, recognized for online game titles like motion and technique RPGs The Strolling Useless: All-Stars, and Summoners Warfare: Chronicles. Com2uS additionally has a  Web3 enterprise subsidiary named XPLA.

These video games will transfer to Oasys, and be a part of different titles from different recreation builders, similar to My Crypto Heroes by DoubleJump Tokyo, a pixel-style NFT fantasy recreation that has seen over 33 million transactions throughout over 684,000 crypto wallets.

Com2uS claims to be the primary recreation studio and publishing firm to develop a cellular recreation in South Korea and already participates in Oasys as a validator. Its “Verse” can be known as XPLA Verse.

“The core worth of Oasys comes from the imaginative and prescient that Oasys acts as a blockchain that gives essentially the most related options for recreation corporations as a game-focused blockchain,” stated Dominic Jang, who leads the agency’s enterprise growth and its Korea initiatives.“We’re additionally assured our collaboration will result in the type of progressive gaming experiences that gamers deserve.”

The alliance will even present an inroad into the Japanese market.

“By partnering with Oasys, XPLA will make a major transfer into the world’s third largest gaming market, Japan, with plans to launch two main Web3 video games based mostly on globally acknowledged IPs inside the first half of the yr,” XPLA crew lead Paul Kim added. “We intend to seize the 55 million Japanese avid gamers neighborhood.”

The partnership will assist Com2uS “to navigate and adjust to the native regulatory necessities in Japan.”

After its peak, the worth of OAS has settled to $0.1299 as of writing.

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Tags: AllTimeblockchainDrivingFirmGaminghighKoreanlinksOASOasys
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