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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.

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.

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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.