Exploring the Oasys blockchain revolution in gaming: Ubisoft, SEGA, and beyond
In the ever-evolving world of blockchain technology, Oasys stands out as a groundbreaking platform specially designed for the gaming industry. Big-name companies like Ubisoft and SEGA are already paving the way for Oasys-based gaming, setting the stage for a major industry disruption. Let’s dive into the exciting realm of Oasys, the gaming blockchain, and discover what it has to offer for both gamers and developers.
Contents
- What is Oasys?
- Who is on the Oasys team?
- How is the Oasys blockchain different?
- Top projects building on Oasys
- NFTs on Oasys: the OasyX project
- How to become a validator for Oasys?
What is Oasys?
Oasys is a transformative public Layer-1 blockchain ecosystem that emerged in response to the pressing challenges faced by game developers within the blockchain space.
With an infrastructure rooted in the EVM-compatible and proof-of-stake (PoS) consensus algorithm, Oasys is uniquely equipped to address obstacles usually faced by web3 games such as high gas fees, slow transaction speeds, and scalability issues.
The platform’s core attributes include high-speed transaction capabilities and the absence of gas fees, making it a highly attractive option for game developers and players alike.
Since its debut in February 2022, the Japanese project has rapidly ascended as a beacon for innovation in the gaming blockchain realm. Major traditional gaming publishers have also recognized Oasys’s potential, trusting this groundbreaking platform to underpin their games.
Who is on the Oasys team?
Oasys owes its thriving ecosystem to the expertise of individuals hailing from leading gaming entities such as Bandai Namco Research and PlayStation. Together, they’ve successfully built a bespoke, GameFi-focused blockchain that is overseen by the foremost companies in the gaming sector.
Strategically situated in Asia, specifically in Singapore and Japan, Oasys finds itself in the epicenter of the fast-paced, evolving world of blockchain gaming.
Furthermore, in alignment with the principles of decentralization, Oasys is gradually progressing toward becoming a Decentralized Autonomous Organization (DAO). This evolution underscores the team’s commitment to community-driven management and governance.
How is the Oasys blockchain different?
Oasys is a proof-of-stake (PoS), EVM-compatible public blockchain. This design allows it to deliver fast, scalable, and, most notably, gas-free transactions, elements that are highly sought after in the blockchain gaming industry.
Unlike many blockchain platforms that attempt to cater to a wide range of applications, Oasys has positioned itself specifically for gaming. It integrates the best public and private blockchain technologies to provide a seamless, robust, and efficient environment for blockchain gaming.
This focus on gaming not only allows Oasys to tackle gaming-specific challenges head-on but also to create a feature set that truly caters to both game developers and players.
Oasys two-layer structure
Oasys uses a special two-layer system to help it work better and faster. These two layers are called the Hub and Verse layers, each with a different purpose.
While the Hub layer allows you to track important details like rollup information and the handling of fungible (FT) and non-fungible tokens (NFT), the Verse Layer is like the worker or performer. It runs the actual gaming dapps, which helps everything run smoothly for the users.
By having these two separate layers, Oasys can overcome problems that often slow down or limit other systems, offering a better, more efficient gaming experience on the blockchain.
The Oasys Optimistic Rollup
Moreover, Oasys’s Optimistic Rollup solution ensures the network can process a large number of transactions quickly and efficiently. Instead of processing transactions one by one, the network bundles them into a batch. That’s what’s called a Rollup.
The platform’s core philosophy revolves around creating a dedicated chain for gaming, ensuring that it can handle the high transaction volumes that come with the territory. Therefore Optimistic Rollups are a fundamental part of the technological features present in the Oasys ecosystem.
By providing a solution for many transactions per second (TPS), Oasys ensures it can meet the intense demands of modern gaming applications.
A multi-token economy
Oasys stands out with its multifaceted token economy, utilizing three unique tokens, each with its specific purpose, thereby enhancing the system’s flexibility and adaptability. The three types of tokens on Oasys are:
- OAS Tokens: Serving as the backbone of the Oasys ecosystem, OAS tokens not only underpin the infrastructure of the platform – being used to pay for gas fees, deposits, and earning staking rewards – but will also give holders the power to participate in governance decisions. It’s listed on centralized exchanges like OKX and ByBit.
- Verse Tokens: These are used to establish individual economies within each Verse, which is like a distinct virtual world or environment within Oasys.
- Dapps Tokens: These are specifically designed for use within gaming dapps. Game developers can create and use these tokens to optimize the economics (tokenomics) of their games.
Top projects building on Oasys
As the Oasys ecosystem grows, it continues to draw the attention of major players in the gaming industry, leading to the development of innovative and groundbreaking projects. Some of them include:
- Champions Tactics: player-vs-player game by Ubisoft announced in late June;
- Battle of Three Kingdoms: the classic strategy trading card IP Sangokushi Taisen reimagined by SEGA;
- Summoners War: Chronicles: blockchain gaming ecosystem by Com2uS and XPLA.
NFTs on Oasys: the OasyX project
Launched in collaboration with renowned game developer Yu Suzuki, Oasyx represents the first NFT project minted on the Oasys blockchain. By leveraging its high-speed, zero-gas-fee, and eco-friendly architecture, Oasys provides an ideal environment for integrating NFTs within gaming dapps.
Its inaugural series of NFTs introduced 10,000 original characters envisioned to serve as base avatars for future Metaverse explorations. The blockchain’s infrastructure doesn’t only support the creation of NFTs but also ensures their seamless integration into various games. As more games are launched on the network, we’re expected to see NFTs on Oasys multiplying as well.
How to become a validator for the Oasys blockchain?
A validator is an integral part of the Oasys blockchain network, providing security and processing power to facilitate smooth transactions. As a reward, the network grants validators OAS tokens.
Renowned gaming companies are part of Oasys’s lineup of validators, adding to the platform’s trust and credibility.
Becoming a validator requires staking at least 10 million OAS tokens via a contract, a procedure akin to other blockchains. Validators are rewarded based on how long they’ve been active, thus incentivizing consistent participation. Here’s how:
- Obtain a minimum of 10 million OAS tokens.
- Stake these tokens through a validator contract.
- Support the Oasys network by offering security and computing power.
- Receive rewards over time, with the amount dependent on your operational duration.
Though Oasys currently operates as a private company, its long-term goal is to become a community-led decentralized autonomous organization (DAO).
Useful links
- Top Game Publishers Going into Web3
- What is a Blockchain? DappRadar’s Ultimate Guide
- The Future of Gaming: What It Looks Like & How to Join
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