Strategic Partnership Accelerates Growth of Oasys Ecosystem
Oasys, a blockchain platform offering Layer 1 and ethereum-based Layer 2 networks for game developers, has recently formed a strategic partnership with SBI Holdings, a prominent Japanese financial conglomerate. The collaboration, as highlighted in Oasys' press release dated August 29, aims to propel the growth of the Oasys ecosystem and provide crucial support to numerous blockchain games set to debut in 2024.
The partnership with SBI Holdings will not only enhance the liquidity of OAS tokens but also make them more accessible to investors and gamers alike. Moreover, it will furnish developers with the requisite funding and infrastructure to innovate and create groundbreaking blockchain games. This move is expected to widen the Oasys ecosystem's reach in Japan, entice more partners and developers to join the network, and cultivate a thriving community.
"As a prominent VCs in the U.S. and a powerful exchange group in the Chinese market, SBI is one of Japan’s largest financial conglomerates, and ideally positioned to support Oasys’ journey as a project originating from Japan."
SBI Holdings, with a track record of backing blockchain projects like Ripple (XRP) and R3, is poised to expand the utility of blockchain technology through its alliance with Oasys.
Oasys' Expansion Strategy in Asia
Along with SBI Holdings, major gaming entities such as Sega, Ubisoft, and Yield Guild games have joined Oasys as validators, further bolstering the network's credibility. In its pursuit to become a leading blockchain gaming platform in Asia, Oasys has forged a partnership with Metabora SG, a Kakao games subsidiary, as part of its Dragon Update strategy for 2024.
This strategic move aims to augment the gaming blockchain's presence through heightened interoperability and collaboration with content creators. Oasys has also recently collaborated with South Korean game developer Com2uS, indicating a surge of interest among South Korean developers in blockchain-based games with global appeal.
The native token of Oasys, OAS, is presently trading at $0.0471, showcasing a 20.86% price surge in the last 24 hours. Over the past week, the token has seen a positive trend with a 51.21% increase. With a circulating supply of 387.86 million OAS, the network boasts a total market capitalization of $72.06 million.
