News

Gaming Public Chain Oasys Mainnet Launches

Oasys, a gaming-focused blockchain, announced the completion of its Mainnet launch process.

On October 25, Oasys launched the first phase of its mainnet, with its 21 first validators taking over operations of all nodes and assuring that its Layer 1, the Hub-Layer, could maintain consistent performance.

The blockchain implemented Layer 2, the Verse-Layer, and validated successful rollups to the Hub-Layer in the second phase. Finally, in the third phase, the blockchain integrated critical ecosystem components for user experience, including creating Oasys-Hub, a portal for the full administration of major ecosystem operations.

Gaming Public Chain Oasys Mainnet Launches 4

Daiki Moriyama, director of the company, said:

“Despite the challenges in the market, we have continued to make strides in blockchain game development, and we believe it won’t be long before users will be able to play high-quality games that combine good UX with compelling content. With the launch of Oasys, we hope to accelerate the growth of the industry and drive mainstream adoption of blockchain games.”

Staking OAS tokens is one of the OAS token’s main functions. Users may earn OAS and unique incentives from validator-run campaigns by staking their OAS tokens to validators via Oasys Hub.

Oasys is a game-focused blockchain initiative founded in February 2022 by Japanese gaming corporation Bandai Namco Entertainment in collaboration with Sega.

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.

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

Cantor Fitzgerald Launches $2 Billion Bitcoin Lending Program

Cantor Fitzgerald plans a $2B Bitcoin Lending Program via Tether, leveraging Bitcoin as collateral and…

40 minutes ago

Sky Mavis Workforce Layoffs Impact 21 Percent Of Employees

Sky Mavis workforce layoffs impact 21% of staff as the Axie Infinity developer announces strategic…

55 minutes ago

Bitcoin Spot ETF Inflows Hit $3.38 Billion Setting Record

Bitcoin Spot ETF Inflows reached $3.38B last week, a new record with 7 weeks of…

3 hours ago

ZA Bank Crypto Service Now Available to Retail Investors

ZA Bank crypto service has been launched for retail users to help them trade Bitcoin…

5 hours ago

$2.9M Raised, 214M Tokens Sold: Why Qubetics, Arbitrum, and Stacks Are the Best Cryptos to Buy Today?

Discover the best altcoins to buy ahead of December 2024. Learn why Qubetics, Arbitrum, and…

9 hours ago

BlockDAG’s $20M Surge in 48 Hrs Powers It Towards $600M, as Ethereum Faces Resistance and Cardano Shows Potential

Discover how BlockDAG is moving towards a $600M goal amidst Ethereum’s price challenges and Cardano’s…

10 hours ago

This website uses cookies.