Gaming blockchain platform Oasys has partnered with the South Korean gaming community Vortex Gaming to expand to the country.
This action is a significant development in the field of blockchain gaming in South Korea, as it provides Vortex players with access to a plethora of new games and proprietary data, such as tokenomics, on Oasys.
Vortex Gaming’s services will be utilized to initiate a campaign by Ubisoft’s “Champions Tactics” as a kickoff to this partnership. A Champions Tactics NFT will be awarded to players who complete specific duties from June 26 to July 7. This NFT will entitle them to participate in a drawing in which 50 randomly selected participants will be selected as winners.
According to the official press release, Oasys intends to promote the acquisition of users and blockchain gaming technology within the Land of the Morning Calm. The agreement will also expand the number of blockchain-based games that Vortex players can access, including prominent desktop and mobile titles incorporating blockchain technology to enhance and facilitate gameplay.
This substantial expansion strategy would be successful because Oasys would leverage Vortex Gaming’s extensive network through Inven, which currently dominates the gaming webzine sector in South Korea with an impressive 80% market share.
Vortex Gaming, a web3 subsidiary of Inven, operates a gaming platform and guild infrastructure reminiscent of social media. It intends to implement web3 games on a large scale and offer professional content regarding token economy and game information. It is an excellent destination for global gamers seeking rewards through missions, blockchain game discovery, and connection.
Intriguingly, Vortex Gaming has fortified partnerships with prominent web3 companies, such as NEAR Protocol, IoTrust, MARBLEX, METABORA SINGAPORE, and Kroma. The gaming media platform’s position as a critical participant in the country’s gaming landscape is further solidified by the ability to provide a service that is optimized for web3 games, which is made possible by this network.
Oasys’ Present Success
Oasys is dedicated to simplifying the process of onboarding additional web3 users and enabling players to experience the distinctive features of blockchain gaming that have gained popularity in East Asia.
The partnership emphasizes Oasys’ current success in the Korean market, which follows the introduction of XPLA Verse, a layer two solution on the Oasys chain developed in collaboration with South Korea’s Com2uS Group. The XPLA team will commence the launch of the Web3 games with “The Walking Dead: All-Stars,” an NFT collectible game, and “Summoners War: Chronicles,” a Play-to-Earn trading card game. The robust IP and brand recognition of Com2uS Group will propel these games.
In the interim, OAS, Oasys’ native token, is trading at approximately $0.04865, with a market capitalization of $108 million. Despite this valuation, OAS is still 66% below its all-time high of $0.1442, achieved on February 13. This decline indicates the obstacles encountered by the broader cryptocurrency market this summer.
