In light of blockchain industry developments and gaming industry issues, this report discusses Oasys’ capabilities and growth potential. It also emphasizes Oasys’ potential to become an infrastructure that satisfies present industry demands.
It is challenging to create blockchains tailored for each game since general-purpose blockchains are not game-optimized. Building a sustainable business strategy is also essential since it is challenging to sell new games and keep users engaged in the mature gaming industry.
With over 40 games and a fast expanding ecosystem, Oasys is supported by several Japanese developers and corporations as validators. There are discussions to list on large exchanges like Binance in the future, which would boost the $OAS token’s visibility and liquidity.
The Oasys Hub (L1) and Verses (L2s) are two components of the multi-layer, gaming-focused Layer 1 blockchain known as Oasys. It has data standards across its Verses, standardized APIs, and data availability protection for digital assets. Verse deployment is made easier for developers with the development kit (Oasys VDK). More than 40 games have been released throughout the ecosystem’s 12 Verses, and there are already 41 million distinct active wallets and over 186 million transactions. As validators, well-known gaming firms like Square Enix, Sega, and BANDAI NAMCO reinforce Oasys’ position as a major force in blockchain gaming.
Oasys intends to improve interoperability across Verses (Layer 2s), define common data standards and APIs, and provide an infrastructure that will allow digital assets to be used smoothly across various games. The ecosystem’s asset management will be made possible by integrations with Arbitrum Orbit and improved DeFi capabilities, which will further promote the efficient usage of digital assets.
The secret to monetizing games is to utilize a strategy that encourages interaction and exposes Web2 users to Web3 components organically. In the mature gaming sector, Champions Tactics and De: Lithe Last Memories are two games with novel revenue models that expose gamers to immersive Web3 experiences and tokenize assets using NFTs. In the future, additional blockchain games will be added to Oasys, which offers the ideal infrastructure for play-to-own and play-to-earn models.
Because Oasys is a game-specific blockchain, it can improve Verses’ interoperability and provide a smooth user experience at the infrastructure level. This makes it simpler to fulfill the long-term need for game-specific infrastructure, which is predicted to expand, as well as to adjust to the present trend in the blockchain gaming sector, where infrastructure is crucial and user numbers are rising.
Major Japanese corporations participate as validators on Oasys, a platform that is very dependable in terms of sustainability and security. As a result, Oasys may promote the expansion of the ecosystem while keeping and using digital assets obtained in games. In contrast to conventional short-term consumer entertainment, this allows for a new value experience and gives people long-term asset value. This value will increase customer loyalty and highlight the intrinsic attractiveness of games, particularly for Web3 gamers.
Worldwide, blockchain games are becoming a more significant part of the Web3 ecosystem. Through the creation of success stories like Champions Tactics, Oasys, a blockchain infrastructure tailored to games, has assisted conventional game makers in making their first foray into Web3. In the last month, Oasys and its existing Verses have accumulated over 3 million transactions and 150,000 distinct active wallets, according to DappRadar.
Because of SG Verse’s ambitions about token issuance and partnerships with major IPs, Battle of Three Kingdoms, another noteworthy game, may be able to reach even more people. Furthermore, it is anticipated that over 20 gaming titles would eventually be made available on Oasys.
In addition to game content, Oasys is enhancing and fortifying DeFi. We introduced Palmy Finance, a lending protocol, in September 2024. With $OAS and other services, one may generate steady interest-based revenue. Through the Arbitrum Orbit integration, there is space for liquidity from the Arbitrum ecosystem in TealSwap, Oasys’ DEX, and DeFi traders and gamers may get even more liquidity in DeFi Verse. In this manner, the ecosystem is fortifying the setting in which consumers may effectively use the earnings produced by their blockchain-based digital assets.
As a result, Oasys is probably going to become popular internationally as well as in Japan and carve out a solid niche for itself in the blockchain gaming market.
Summary
With its comprehensive ecosystem analysis and previously unreleased information regarding planned projects and user metrics, especially related to the SG Verse deployment, the report offers unique value. It’s also innovative to analyze Oasys’ approach to transferring Web2 users to Web3 by exposing them to blockchain components gradually.
