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

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 sport developer Com2uS.

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 answer. Particular person video games can launch their very own model, or “Verse,” to capitalize on its structure.

Oasys introduced that it will work with Korean sport developer Com2uS, identified for online game titles like motion and technique RPGs The Strolling Useless: All-Stars, and Summoners Battle: 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 sport builders, reminiscent of My Crypto Heroes by DoubleJump Tokyo, a pixel-style NFT fantasy sport that has seen over 33 million transactions throughout over 684,000 crypto wallets.

Com2uS claims to be the primary sport studio and publishing firm to develop a cell sport in South Korea and already participates in Oasys as a validator. Its “Verse” might 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 sport firms as a game-focused blockchain,” mentioned Dominic Jang, who leads the agency’s enterprise growth and its Korea initiatives.“We’re additionally assured our collaboration will result in the sort of progressive gaming experiences that gamers deserve.”

The alliance may also 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 primarily based on globally acknowledged IPs throughout the first half of the 12 months,” XPLA workforce lead Paul Kim added. “We intend to seize the 55 million Japanese players neighborhood.”

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

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