Oasys completes strategic financing round from Galaxy Interactive and Nexon
The gaming blockchain also announces the conclusion of its five-day public token sale, which reached its funding goal within 12 hours with engagement from 60 countries.
Singapore–(Newsfile Corp. – Dec 06, 2022) – Oasys, a game-optimized blockchain built by players for players, today announces that it has closed a strategic funding round, with participation from Galaxy Interactive, South Korean gaming giant Nexon, the company behind the popular game franchises MapleStory and Dungeon Fighter Online, as well as Presto Labs, MZ Web3 Fund, Hyperithm, Jets Capital, Jsquare, AAG, YJM Games and ChainGuardians.
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A core goal of the strategic funding round is to improve Oasys’ ecosystem, by strengthening the validator network as well as expanding the pool of gaming partners. The partnerships entered into with the investors in the strategic round will also continue to create further opportunities for the growth of Oasys, together with its various stakeholders.
Following the strategic funding round, Oasys also announced the conclusion of the public token sale held from November 30, 2022 to December 4, 2022, where the funding goal was reached within 12 hours, with participation from 60 countries. Oasys’ public token sale is an important milestone that allows the general public (excluding US-based investors) to invest in Oasys for the first time. Earlier this year, Oasys completed a US$20 million private token sale round, led by Republic Crypto, and announced its Mainnet launch in October.
Daiki Moriyama, Director, Oasys, so: “The aftermath of the recent events in the Web3 industry has emphasized the importance of building a decentralized and robust business – a prerequisite for creating quality games and game content. Through the support and valuable expertise of leading game developers, the largest institutional supporters of Web 3, and individual investors from around the world, we will bring about a new type of blockchain game with the gameplay and unique experience the community wants.”
Richard Kim, General Partner, Galaxy Interactiveadded: “Oasys shares our vision to increase the mainstream adoption of blockchain games, through its public L1 and private L2 solution built for game developers and users. We are excited to join the Oasys community, working together with passionate publishers, developers and crypto-native partners to bring legacy gaming IPs on-chain and execute this vision.”
Galaxy Interactive is one of the most active venture investors in video games, immersive virtual worlds, and the technology and marketplaces that power digital identities, with approximately $800 million in AUM and investments in more than 100 companies. Oasys also enjoys strong institutional support from some of the most established traditional and Web3 gaming institutions, including Square Enix, Bandai Namco Research, SEGA, Ubisoft, Netmarble, NEOWIZ, Com2uS and Yield Guild Games.
With strong support from its institutional backers, Oasys is fully focused on expanding its ecosystem and improving user experiences. Oasys is committed to its mission to lead the global expansion of blockchain gaming and bring new gaming experiences to players and developers alike.
About Oasis
Established in February 2022 to increase mainstream play-and-earn adoption, Oasys committed to partnering with 21 game and Web3 technology companies to serve as validators, such as Bandai Namco Research, SEGA, Ubisoft and Yield Guild Games. Led by a team of blockchain experts and teaming up with the biggest gaming company names to serve as the first validators, Oasys is revolutionizing the gaming industry with its Proof-of-Stake (PoS) based blockchain.
Focused on creating an ecosystem for players and developers to distribute and develop blockchain-based games, Oasys solves the problems game developers face when building games on the blockchain. The trifecta approach of the fastest network powered by the gaming community, a scalable network powered by AAA game developers and the blockchain that offers the best user experience with fast transactions and zero gas fees for users makes participants ready to enter Oasys and play.
For more information, please visit:
Website: https://www.oasys.games
Twitter: https://twitter.com/oasys_games
Discord: http://discord.gg/oasysgames
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