finbold.com
Oasys is a blockchain-based game development platform that offers a highly scalable Layer 1 hub and specialized Layer 2 using Ethereum’s Layer 2 scaling solution has just announced its formal integration into the “αU market,” an non-fungible tokens (NFT) marketplace, and the “αU Wallet,” a cryptocurrency wallet supplied by KDDI Corp, one of the leading telecommunications firms in Japan.
This integration facilitates the ability of users to present NFTs on Oasys inside the “αU market” and effectively handle NFTs on Oasys using the “αU wallet,” in addition to conducting transfers and deposits of OAS tokens, as per the latest information shared with Finbold on September 12.
The integration of Oasys also provides developers with the opportunity to tap into KDDI’s extensive user base, hence facilitating the widespread adoption of blockchain gaming.
Introduction of the metaverse and Web3 platform
The partnership with Oasys follows KDDI’s introduction of the metaverse and Web3 platform “αU (Alpha You)” in March, which aims to provide an inclusive environment where anybody may assume the role of creators.
KDDI has disclosed its involvement in Oasys as a network validator, as a component of its wider Web3 ambitions. KDDI, a prominent participant, assumed the role of a judge in the HACKJAM hackathon organized by Oasys in Tokyo during the period of June to July of this year. This active involvement by KDDI has played a significant role in fostering the expansion and development of the Oasys ecosystem.
In an interview with Mugenlabo magazine, Ryo Matsubara from Oasys and Shunpei Tatebayashi from KDDI discuss the relationship, emphasizing the significance of incorporating a Web3-era service into a blockchain that is compatible with various games. This strategic decision enhances the market position of both companies in response to the growing acceptance and use of blockchain gaming and decentralized applications (dApps).
Incoporporation of KDDI’s customer base
The integration of KDDI’s extensive customer base with Oasys customers would enable significant advancements in the widespread adoption of blockchain gaming. Furthermore, the backup and filtering features of αU Wallet are in line with Oasys’ objective of reducing the first obstacles for inexperienced individuals to enter the cryptocurrency and NFT market. These characteristics enable anybody, especially those who are new to the subject, to traverse NFTs and cryptocurrencies with a sense of assurance.
The use of KDDI’s skills and capabilities in the telecommunications industry offers several opportunities for collaborative endeavors. The emphasis placed by Oasys on the integration of Web2 and Web3 games is bolstered by the significant position of KDDI in the telecoms industry.
KDDI’s ongoing efforts in offering infrastructure and content-related collaborations will enable Oasys to use the brand’s expertise in integrating emerging technologies and communication. This will facilitate the development of novel and captivating experiences using 5G communication and augmented/mixed reality (AR/MR) technology.