Ubisoft and Sega-Backed Oasys Blockchain Surges 22% on Partnership Announcement with Com2uS
Oasys, the blockchain platform supported by major gaming companies Ubisoft and Sega, witnessed its native OAS token skyrocket by 22%, hitting an all-time high of $0.1414. This surge comes in the wake of the platform’s newly announced alliance with renowned Korean game developer Com2uS.
Oasys operates as a layer-1 blockchain and incorporates an Ethereum-compatible, Optimistic rollup-based layer-2 scaling solution. By leveraging this technology, Oasys enables individual games to create their unique version, called a “Verse,” within its architecture.
Com2uS Expands its Reach on Oasys
Com2uS, recognized for developing popular video game titles like The Walking Dead: All-Stars and Summoners War: Chronicles, is also the proud owner of a Web3 business subsidiary known as XPLA. As part of the partnership, Com2uS will transition these games to the Oasys blockchain, joining a multitude of other titles created by various developers, including My Crypto Heroes by DoubleJump Tokyo. Already participating in Oasys as a validator, Com2uS’s Verse will be named XPLA Verse.
Dominic Jang, the leading force behind Oasys’s business development and Korea initiatives, expressed the platform’s commitment to offering tailored solutions to game companies, firmly positioning itself as a blockchain platform that caters specifically to the gaming industry. The goal of the collaboration is to introduce groundbreaking gaming experiences and make a significant impact in the Japanese market, which stands as the world’s third-largest. To accomplish this, the partners plan to release two major Web3 games in the first half of the year, aiming to captivate the attention of Japan’s 55 million-strong gaming community. Furthermore, this alliance will support Com2uS in navigating local regulatory requirements and compliance in Japan.
OAS Token Price Consolidates After Record Surge
Following its massive surge, the price of the OAS token eventually stabilized at $0.1299, suggesting a strong level of market support for Oasys and its strategic partnerships. With the backing of industry giants Ubisoft and Sega, Oasys is well-positioned to continue its upward trajectory in the blockchain gaming sector.
Analyst comment
Positive news: Oasys Blockchain’s partnership announcement with Com2uS has resulted in a 22% surge in its native token price. This alliance will allow Com2uS to transition its popular games to the Oasys blockchain, expanding its reach and introducing groundbreaking gaming experiences. The market is expected to continue its upward trajectory, supported by major gaming companies Ubisoft and Sega.