Oasys blockchain launches, aims to take P2E gaming mainstream

Oasys, a new gaming-focused proof-of-stake blockchain, is recently launched, aiming to enhance mainstream play-to-earn (P2E) adoption.

The Oasys blockchain went live on February 7th, and it has teamed with 21 gaming and Web3 tech firms to act as auditors, with Dizon’s crypto gaming guild YGG being one of the first to join on.

Bandai Namco Research president and CEO Hajime Nakatani, Sega Corporation co-COO Shuji Utsumi, double.jump.tokyo CEO Hironobu Ueno, Thirdverse CEO Hironao Kunimitsu, and Yield Guild Games (YGG) co-founder Gabby Dizon are among the company’s founding members.

The new chain’s scalability, eco-friendly PoS blockchain, “zero gas fee experience,” and portability of digital products across different applications developed on the blockchain are all important drawcards for developers and consumers, per the Singapore-based company Oasys PTE. LTD.

Sega Corporation’s Utsumi stressed the need to develop a scalable blockchain gaming environment that also acknowledges “the need for an eco-friendly platform that takes into account important societal and cultural considerations” during the launch last week.

Many in the traditional gaming community have seen a push back against multiple firms that have begun to make moves into the NFT sector, citing the highly discussed environmental consequences of proof of work blockchains.

Oasys aims for a slew of collaborations

YGG co-founder Dizon indicated that the Oasys team’s collaboration to Japan via its founders would help build “a gateway to the blockchain for major Japanese IP” while remaining tight-lipped on any impending announcements or collaborations.

“Japan has always been a world leader in gaming, and its cultural influence has had a huge impact in shaping the industry as we know it today,” he said.

As TheCoinRise reported in November, metaverse including YGG marked new all-time highs amid the bleeding market.

According to Kokushi Hattori, Oasys’ head of marketing, the team expects multiple mainstream gaming companies to debut P2E games this year, and their gaming blockchain was built to be at the frontline of the industry’s “explosive growth”:

“To realize that prediction, Oasys decided to lead rather than follow and optimize itself and its architecture to support mainstream adoption starting with gamers and ending with consumer users.”