Blockchain
Oasys successfully completed its final phase on its mainnet. This was a major milestone for the gaming-focused, blockchain-based firm.
On Oct. 25, the three-step process began with the initial validators taking control of the running of nodes to ensure the stability of Oasys Layer 1. Also known as the Hub-Layer, the validations. The Verse-Layer integration followed, which confirmed successful rollups of the Hub-Layer.
To improve the user experience, key ecosystem components were integrated. This included a portal that allows users to manage their activities within Oasys.
Oasys is just one of the many blockchain ecosystems created in the last year that are specifically designed for web3 gaming.
Its private token sale in January saw participation from Jump Crypto, Crypto.com and Mirana Ventures. However, the company has also partnered up with traditional gaming giants.
The initial validators of the coin include crypto native firms like Yield Guild Games and SEGA.
Traditional gaming companies still remain divided about web3. While Oasys’ partners may have embraced web3 —Bandai Namco even established a $25 million fund for web3 and metaverse startups in April — other companies continue to avoid it.
Grand Theft Auto and Minecraft have banned the integration of blockchains. Steam, on the other hand, has opposed the use NFTs. NFTs are often criticized for being exploitative and could lead to volatile prices that could prevent people from playing games.
Others, however, have adopted a more neutral position. Epic Games hosts several blockchain games on its store, including Blankos Block Party, but doesn’t actively promote the use of blockchain or NFTs.