YGG-backed Oasys blockchain hopes to take P2E gaming mainstream
The team behind the new gaming-focused proof-of-stake blockchain Oasys say that it’s been designed to increase mainstream play-to-earn (P2E) adoption.
The Singapore-based firm (Oasys PTE. LTD) behind the new chain touts its scalability, eco-friendly PoS blockchain, “zero gas fee experience” and the portability of digital assets between different projects built on the blockchain as key drawcards for developers and users.
The founding team includes a host of names from top crypto and gaming firms including Bandai Namco Research president and CEO Hajime Nakatani, Sega Corporation co-COO Shuji Utsumi, double.jump.tokyo CEO Hironobu Ueno, Thirdverse CEO Hironao Kunimitsu and Yield Guild Games (YGG) co-founder Gabby Dizon.
The Oasys blockchain officially launched on Feb. 7 and has partnered initially with 21 gaming and Web3 tech companies to act as validators, with Dizon’s crypto gaming guild YGG signed on as one of the first.
As part of the launch last week, Sega Corporation’s Utsumi highlighted the importance of building a scalable blockchain gaming ecosystem that also recognizes “the need to have an eco-friendly platform that takes into account important societal and cultural considerations.”
The much debated environmental impacts of proof of work blockchains have been a bone of contention for many in the traditional gaming community, who have pushed back against several firms that have started to make moves into the NFT sector.
Speaking with Cointelegraph, YGG co-founder Dizon echoed Utsumi’s environmental sentiments when he stated that:
While Dizon was tight-lipped on any upcoming announcements or partnerships, the YGG co-founder stated that the Oasys team's ties to Japan via its founders would help create “a gateway to
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