YGG-backed Oasys blockchain looks to bring P2E gaming to the mainstream

The team behind Oasys, a new gaming-centric proof-of-stake blockchain, said it was designed to increase mainstream adoption of earn-as-you-play (P2E).

The Singapore-based company (Oasys PTE. LTD) said its scalability, eco-friendly PoS blockchain, “zero gas fee experience”, and digital asset portability between different blockchain-based projects are key features A key factor in attracting developers and users.

The founding team includes many executives from top crypto and gaming companies, including Hajime Nakatani, President and CEO of Bandai Namco Research, Shuji Utsumi, Co-COO of Sega Corporation, Hironobu Ueno, CEO of double.jump.tokyo, and Chief Executive Officer of Thirdverse. Executive Officer Hironao Kunimitsu and Yield Guild Games (YGG) co-founder Gabby Dizon.

The Oasys blockchain was officially launched on February 7, initially with 21 games and Web3 Technology as validators, and Dizon’s crypto gaming guild YGG was one of the first signatories.

During last week’s launch event, Sega Corporation’s Utsumi emphasized the importance of building a scalable blockchain gaming ecosystem, while also recognizing “the need for an eco-friendly platform that takes into account important social and cultural factor.”

The environmental impact of proof-of-work blockchains has been a point of contention for many in the traditional gaming community, with backlash against several companies that have begun to foray into the NFT space.

Speaking to Cointelegraph, YGG co-founder Dizon said he shares Utsumi’s environmental views, saying:

“For developers, there is always a trade-off when choosing the right blockchain to build on, with each blockchain focused on solving different challenges and optimizing specific functionality. Oasys focuses on improving through scalability Player experience while reducing environmental impact.”

While Dizon is tight-lipped about any upcoming announcements or partnerships, the YGG co-founder said the Oasys team’s connection to Japan through its founders will help “create a blockchain gateway for major Japanese IPs.” .

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

When it comes to the blockchain gaming industry in general, Dizon optimistically predicts that the number of daily active wallets interacting with blockchain gaming applications will grow by more than seven times from 1.4 million by the end of 2021.

“Gaming is the best use case blockchain has ever seen, and I believe we will see 10 million wallets interacting with blockchain games by the end of this year,” he said .

Kokushi Hattori, head of marketing at Oasys, said that the company expects many major game companies to launch P2E games in 2022, and its gaming blockchain was developed to be at the forefront of the “explosive growth” in the field:

“To achieve this prediction, Oasys decided to lead rather than follow, and optimize itself and its architecture to support mainstream adoption from gamers to consumer users.”

He added: “In the short term, our main focus is to engage game developers, content creators and players to start building early adoption in the gaming community so players can connect, create and play games in the Metaverse. “

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