Oasys Gaming Chain Wants to Take P2E Gaming Mainstream

Oasys, a new gaming-focused proof-of-stake blockchain, has been created to enhance mainstream play-to-earn (P2E) adoption, according to its founders.

The Singapore-based firm (Oasys PTE. LTD) behind the new chain touts its scalability, eco-friendly PoS blockchain, "zero gas fee experience," and the portability of digital assets between different projects built on the blockchain as key draw cards for developers and users.

“Gaming is the best use case the world has ever seen for blockchain and I believe we will see 10 million wallets interacting with blockchain games before the end of this year,” said Gabby Dizon, Oasys founding member.

Bandai Namco Research president and CEO Hajime Nakatani, Sega Corporation co-COO Shuji Utsumi, double.jump.tokyo CEO Hironobu Ueno, Thirdverse CEO Hironao Kunimitsu, and Yield Guild Games (YGG) co-founder Gabby Dizon are among the founding team members.

The Oasys blockchain was officially launched on February 7th, and it has initially partnered with 21 gaming and Web3 tech companies to act as validators, with Dizon's crypto gaming guild YGG signing on as one of the first.

As part of the launch last week, Sega Corporation's Utsumi emphasized the importance of creating a scalable blockchain gaming ecosystem. Stating, “the need to have an eco-friendly platform that takes into account important societal and cultural considerations.”

The much debated environmental impacts of proof of work blockchains have been a source of contention for many in the traditional gaming community, who have resisted several firms that have begun to make inroads into the NFT sector.

In an interview with Cointelegraph, YGG co-founder Dizon reflected Utsumi's environmental concerns, saying:

“For developers, there will always be trade-offs in choosing the right blockchain to build on and each one is focused on solving different challenges and optimizing certain features. Oasys is focused on improving user experience for gamers through scalability while also reducing environmental impact.” 

He also added, “Gaming is the best use case the world has ever seen for blockchain and I believe we will see 10 million wallets interacting with blockchain games before the end of this year,”