News

Gaming Blockchain Oasys Point Out Plans For Its Mainnet Launch

With 21 initial validators, gaming blockchain Oasys has completed the final preparations toward launching its mainnet. There will be three initial phases, with the first beginning today.
Gaming Blockchain Oasys Point Out Plans For Its Mainnet Launch 4

According to a company release, validators will begin taking over activities on all nodes, guaranteeing that the blockchain Layer 1, the Hub-Layer, can maintain steady performance.

The second phase, in which the company will begin to integrate its Layer 2 Verse-Layer on top of the existing foundation, is scheduled to begin in the second week of November.

The blockchain hopes to incorporate the Oasys-Hub, a front-end user site, in phase three on November 22.

Source: Oasys

Daiki Moriyama, director of Oasys, said:

“The blockchain gaming ecosystem has grown rapidly over the past few years, reflecting an increasing appreciation of the value that projects such as Oasys have brought to the wider industry. However, now is not the time to reflect on past accomplishments, but focus on the exciting possibilities of the future.”

The blockchain has already established itself among conventional gaming industry stalwarts, and its early node validators include publishers Square Enix, Ubisoft, and Sega. Bandai Namco, Yield Guild Games, WeMade, Neowiz, Netmarble, and Com2Us are also represented.

Gaming Blockchain Oasys Point Out Plans For Its Mainnet Launch 5

Oasys also said that the company received $20 million earlier this year in a private token sale headed by Republic Capital, Jump Crypto, Crypto.com, Huobi, Kucoin, Gate.io, Bitbank, and Mirana Ventures. The mainnet launch is the final stage before listing a public token. According to the initiative, it is striving to attract more key investors and partners.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Best Altcoins to Buy Today: Qubetics Rides 1000x Potential to Hit $2.6M, Ethereum Stays Rangebound, Tron USDT Transactions Hit $52B

Discover the best cryptos to buy and hold today: Qubetics leads with 1000x potential, Ethereum…

2 hours ago

Trump Media Company Is Pushing New Venture For Crypto Service

With the platform facing a cracked whip, Trump Media company is expanding into new business…

3 hours ago

Crypto Advisory Council Now A White House Position Attracting Leaders

Major crypto firms, including Ripple, Kraken, and Circle, are competing for spots on President-elect Donald…

3 hours ago

Analyst Sounds Major Breakout Alert Amid Shiba Inu, WallitIQ, And Dogecoin Price Recoveries

Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…

4 hours ago

SEC Chair Gary Gensler Will Lose Power From January 20

SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…

4 hours ago

MicroStrategy Convertible Notes Now Out of Stock With $3B Raised

The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…

4 hours ago

This website uses cookies.