Yield Guild Games (YGG) is in the lineup of aspiring validators of Oasys, a gaming blockchain designed to build a decentralized Metaverse by connecting different play-to-earn games within its ecosystem. Oasys validators will be able to secure and verify the transactions of different play-to-earn games and content creators within the gaming chain.
This will drive further innovation in the blockchain gaming industry because of its proof-of-stake (POS) consensus mechanism, which is more environmentally friendly compared to the proof-of-work mechanism that requires greater computational power and energy. The team behind Oasys is focusing on solving the problems faced by game developers when building blockchain games on Ethereum. This will be achieved through its trifecta approach, combining existing blockchain solutions, the gaming community, and a scalable network powered by AAA game developers. Oasys will offer free and fast transactions for its users to onboard to its ecosystem.
According to Ryo Matsubara, director of Oasys, “The power of the community is the key to creating a new ecosystem around blockchain and gaming. YGG is a strong partner to form a global community in the Oasys ecosystem.”
“The Oasys ecosystem launch will revolutionize the way gamers connect, create and play within the Metaverse,” states Gabby Dizon, co-founder of YGG. “We acknowledge the challenges faced by blockchain games built on Ethereum. Oasys’ eco-friendly blockchain will allow the gaming community to have seamless transactions within the ecosystem.”
The Oasys founding team shares the vision of revolutionizing the way people connect in the Metaverse by addressing the current blockchain gaming issues through scaling with the Oasys gaming chain. Joined by YGG co-founder Gabby Dizon, the team includes Hajime Nakatani, president and CEO of Bandai Namco Research; Hironobu Ueno, CEO of double jump.tokyo; Hironao Kunimitsu, founder of Gumi and CEO of Thirdverse; and Shuji Utsumi, founding member of PlayStation, co-founder of Q Entertainment, and currently the co-COO of Sega Corporation.
OAS will be the native token within the Oasys ecosystem that can be used as NFT issuance fee, gaming chain node operating rewards, validation delegation share, and payment for the transactions within the gaming chain. It can also be used as a governance token within the Oasys ecosystem to vote for governance proposals for the gaming chain ecosystem. In the future, OAS holders can stake their tokens to become a validator within the ecosystem and can earn voting rights to govern with the resolutions within the ecosystem.