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South Korean game publisher Com2uS has entered into a partnership with the Oasys blockchain project to enhance its web3 gaming infrastructure.
The latest collaboration aims to expand Com2uS’s presence in the Japanese market, which is recognized as the world’s third-largest gaming market.
The Oasys network, known for its affiliations with major gaming firms like SoftBank, Sega, and Ubisoft, will provide technical support to Com2uS and its blockchain subsidiary XPLA. The goal is to establish a new layer-2 network that aligns with Japan’s local regulations.
Com2uS plans to launch two web3 games in Japan within the first half of 2024. These games are based on “globally recognized” intellectual properties (IPs), signaling a significant step into the Japanese gaming scene. Paul Kim, the XPLA Team Lead, emphasized the importance of this move for accessing the vast Japanese gaming community, estimated at 55 million players.
Furthermore, Com2uS intends to integrate its flagship game franchises, including ‘Summoners War: Chronicle’ and ‘The Walking Dead: All Stars,’ onto the Oasys network. This transition is expected to not only boost the visibility of these games but also leverage the technical advantages of the Oasys blockchain for an enhanced gaming experience.
The Oasys blockchain distinguishes itself through a combination of a layer-1 blockchain and an Ethereum-compatible, Optimistic rollup-based layer-2 scaling solution. The architecture allows for the creation of individual game versions, or “Verses,” tailored to the needs of different game developers. Com2uS, a pioneer in mobile game development in South Korea and an Oasys validator, will introduce its own XPLA Verse.
The news of this partnership spurred a significant increase in the Oasys token (OAS) value, which surged 22% to $0.1421. This reflects the market’s optimistic outlook on the collaboration’s potential to drive innovation and growth in web3 gaming.
Although the OAS token’s price has since adjusted to $0.1285, the partnership continues to be viewed as a pivotal development for both Com2uS and the Oasys blockchain.
OAS 24-hour price chart | Source: CoinMarketCapDominic Jang, leading business development and Korea initiatives for Oasys, shared his vision for the blockchain, highlighting its role in offering relevant solutions for game companies.
“We are also confident our collaboration will lead to the kind of innovative gaming experiences that players deserve,” he added.