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Gaming Blockchain Oasys Launches Ecosystem Fund to Drive Adoption

Gaming-optimized blockchain Oasys has announced the launch of an ecosystem fund to drive the mass adoption of Blockchain gaming. The initiative aims to enable newcomers...
Gaming Blockchain Oasys Launches Ecosystem Fund to Drive Adoption Gaming Blockchain Oasys Launches Ecosystem Fund to Drive Adoption

  • Gaming-optimized blockchain Oasys has announced the launch of an ecosystem fund to drive the mass adoption of Blockchain gaming.
  • The initiative aims to enable newcomers in the blockchain gaming sphere to serve users’ needs better.
The gaming ecosystem looks to incubate and invest in upcoming projects built on the Oasys network or supported blockchains. The Web3 gaming industry continues to experience rapid growth.

Building Web3 with Oasys

The Oasys Ecosystem Fund focuses on early-stage Web3 projects that are focused on laying the foundation for the ecosystem. Oasys hopes to invest in decentralized apps, games, infrastructure protocols, liquidity venues, and studios.

Oasys is also keen on investing in various digital assets, including but not limited to equity, debt, and token instruments. The gaming-optimized blockchain has launched a grant program that will provide OAS tokens to projects that meet specific criteria. However, the network has clarified that the tokens will typically only be used for marketing purposes.

Oasys’ fund aims to provide financial support and drive the operations and growth of deserving projects. The network has shared that the start-ups that will receive funding through the ecosystem will receive capital and gain exclusive perks. Start-ups will gain access to Oasys’ vast knowledge network and expertise. They will also break into Oasys’ partner network, including Galaxy Interactive, an internationally recognized gaming investor.

Galaxy Interactive previously participated in Oasys’ strategic funding round alongside South Korean gaming giant Nexon, the company behind the popular gaming franchise MapleStory.

Daiki Moriyama, Director at Oasys, shared in a press release:

“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-emerging projects the opportunity to continue building and scaling. We remain steadfast in our vision to bring blockchain gaming to the masses.” Following the launch of the ecosystem fund, Oasys has also revealed that it will explore setting up a second fund.

On the Flipside

  • Oasys has yet to share additional context, such as allocation for the ecosystem fund. The gaming network has not mentioned how much the fund is worth in its initial press release.

Why You Should Care

Oasys is backed by some of the biggest names in the industry, including Bandai Namco Research, SEGA, Ubisoft, Wemade, and more. Oasys’ strong institutional backing can play a significant role in laying the foundation for Web3 gaming and shaping the next generation.

Read about SEGA using Oasys’ blockchain network for its first blockchain game:

Sega Announces Its First Blockchain Game

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27-02-2024 11:38:23 (UTC+7)

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 EUR/USD1.0855↑ Buy
 GBP/USD1.2682↑ Buy
 USD/JPY150.43↑ Sell
 AUD/USD0.6544Buy
 USD/CAD1.3504↑ Sell
 EUR/JPY163.28↑ Buy
 EUR/CHF0.9545Neutral
 Gold2,043.50↑ Buy
 Silver22.765↑ Sell
 Copper3.8478Sell
 Crude Oil WTI77.59↑ Buy
 Brent Oil81.67Neutral
 Natural Gas1.740Sell
 US Coffee C180.10↑ Buy
 Euro Stoxx 504,864.15Neutral
 S&P 5005,069.53↑ Sell
 DAX17,423.23↑ Sell
 FTSE 1007,684.30Neutral
 Hang Seng16,562.50↑ Buy
 Small Cap 20002,028.97↑ Sell
 IBEX 3510,138.40Sell
 BASF46.330↑ Buy
 Bayer28.59↑ Buy
 Allianz245.65Neutral
 Adidas188.20Neutral
 Lufthansa7.237↑ Buy
 Siemens AG174.90↑ Buy
 Deutsche Bank AG12.302↑ Buy
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