[ad_1]
Veterans from the established game world are flocking to web3. They do so out of fear of extinction or belief in blockchain technologies.
Oysters, a Japanese and Singapore-based start-up blockchain for game developers, has raised just $ 20 million. The round was led by Republican Capital with the participation of Jump Crypto, Crypto.com, Huobi, Kucoin, Gate.io, Bitbank and Mirana Ventures.
The capital has sold more tokens than the traditional fair, which “does not undermine the fairness of our project” and “allows us to reach a wider fan base than traditional fair fundraisers. OCC Director Dicky Moriama told Tech Crunch.
The founding team is rooted in the Japanese gaming industry, but chose another company, Singapore, because Japan “has control over crypto assets,” the executive said. Singapore has emerged as a cryptocurrency center in Asia in recent years.
One of the biggest obstacles to blockchain-based applications is slow transactions and high gas charges, as well as the cost of marketing to blockchain. Infrastructure developers such as Solana, Avalanche and Polygon are trying to make blockchain services more accessible.
Osis, just five months old, shares the same goal. For most games to be “fun” or “good” in the blockchain, high transaction speeds and low or zero gas charges must be significantly matched for users.
Focusing on the blockchain games, Oice drew a list of family names in the game world to be “verifiers” on the blockchain. The network uses a less power-based “evidence-based” consensus method than the “work verification” method used in the Bitcoin chain. In POS, the verifier “shares” the tokens in the network and is responsible for verifying that the data stored in the network is correct.
Early observers of Ossis include research arm Bandai Namco, a research arm under the Japanese Entertainment Group. SEGA, Japanese console giant; French Games Team Ubisoft; South Korean video game companies Netmarble, Wemade and Com2uS; There are also Yeeld Guild games to get cash-out tokens in a16z that allow users to play games in the Philippines.
Eventually, OIS would move to a more decentralized and decentralized organization. Unlike traditional corporations that shape the direction of the board of directors, DAO has no central authority and relies on community-based smart contracts to implement blockchain-based smart contracts.
With the new financial information, Osis plans to strengthen its partnership with game developers, digital asset exchanges and others in the gaming and crypto industry. It also spends money on marketing, business development and employment. The company has about 20 employees in Singapore, Japan, South Korea and the United States
Asked about his co-operation with Oasys’s crypto exchange investors, Moriyama said: As a result, the team
Oasys is actively working to list the tokens on multiple crypto exchanges.
[ad_2]
Source link
