Oasys launches ecosystem fund to drive mass adoption of blockchain games
Promising early-stage game projects will also receive advisory support from leading gaming VC Galaxy Interactive
Singapore, Singapore–(Newsfile Corp. – Jan 10, 2023) – Oasis, a gaming-optimized blockchain built by gamers for gamers, has announced the launch of the Oasys Ecosystem Fund, a ground-breaking initiative aimed at enabling new entrants to the growing blockchain gaming space to better serve the market and drive mass adoption. As the blockchain gaming industry continues to experience rapid growth, Oasys will look to incubate and invest in a variety of gaming projects that are built on or synergistic with the network.
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The Oasys Ecosystem Fund will prioritize early-stage projects that are focused on building out the ecosystem, including decentralized gaming applications, infrastructure, liquidity arenas and studios. It will invest in a variety of digital assets, including but not limited to equity, debt and token instruments. Oasys has a grant program that awards OAS tokens to projects that meet certain criteria, but these tokens are typically used for marketing purposes only. The fund will provide financial support and drive the operation and growth of new projects.
To accelerate time to market and reduce costs, the startups receiving funding through the Oasys Ecosystem Fund will not only receive capital, but will also have access to the knowledge network and expertise of the Oasys team, as well as Oasys’ partner network. , including internationally renowned gaming investor Galaxy Interactive.
Galaxy Interactive participated in Oasys’ strategic funding round completed last month alongside South Korean gaming giant Nexon, the company behind the wildly popular gaming franchise MapleStory.
Daiki Moriyama, Director, Oasys, so: “We’ve seen the staggering growth and resilience of the blockchain gaming industry over the past year, but we also recognize that recent developments in the adjacent crypto space have inevitably created uncertainty. With the launch of our ecosystem fund, we want to offer the best new projects the opportunity to continue to build and scale. We remain steadfast in our vision to bring blockchain gaming to the masses.”
Following the launch of the Ecosystem Fund, Oasys will explore the establishment of a second fund.
Oasys has received support from some of the biggest names in the industry, including Bandai Namco Research, SEGA, Ubisoft, Netmarble, WeMade, Com2uS and Yield Guild Games. With such strong institutional backing, Oasys remains laser-focused on expanding its ecosystem and is committed to shaping the next generation of gaming in a Web3 world.
Important notice
This press release is intended for informational purposes only and does not constitute or operate as an offer to buy or sell securities to any person in any jurisdiction.
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 eco-friendly 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.
More information about Oasys is available at:
website: https://www.oasys.games/
Twitter: https://twitter.com/oasys_games
Discord: http://discord.gg/oasysgames
For media enquiries, please contact:
Vanessa Lowe
[email protected]
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