Hassan Maishera
TL;DR
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Oasys has entered into a strategic partnership with Kakao’s web3 gaming division.
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The partnership will see Oasys assist Kakao’s Web3 gaming division Metabora SG in its expansion into Japan.
Oasys Enters Into a Strategic Partnership with Kakao
Japanese gaming blockchain Oasys announced on Thursday, February 22nd, that it has entered into a strategic partnership with South Korean internet giant Kakao’s Web3 gaming division Metabora SG.
The partnership is designed to support the game publisher’s expansion into the Japanese market. In its statement, Oasys said,
“Metabora SG brings to the table expertise in creating immersive gaming experiences, which coupled with Oasys’ eco-friendly technology should attract Japanese players.”
This latest development is part of Oasys’ Dragon Update, which is the blockchain company’s main strategy for the year. Oasys is focusing on the expansion of the gaming blockchain via more interoperability and linkage with content makers.
This collaboration also comes a week after Oasys partnered with another South Korean game developer Com2uS with plans to onboard its games to the Oasys blockchain. South Korean Web3 game developers have been expanding their base in other parts of the world since local rules have banned their domestic release. Oasys is one of their favorite destinations as it offers both Layer-1 and Ethereum-based Layer-2 networks for game developers. The blockchain already has gaming heavyweights Sega, Ubisoft and Yield Guild Games as network validators.
Dominic Jang, Head of Business Development and Head of Korea at Oasys commented that,
“We are delighted to partner with METABORA SG, a company that fully shares our vision of revolutionising the gaming industry through the use of blockchain technology. As we aggressively move forward and expand our business relationships with various gaming giants based in Korea, the partnership with METABORA SG by Kakao Games marks another important milestone for further business expansion in the region. We are keen to nurture a more in-depth relationship with the METABORA SG team to maximise the synergy with Oasys, advancing the mass adoption of blockchain gaming.”
METABORA SG is expanding into the Japanese market due to the growing number of active gamers in the country. While 42.5% of the population are classed as active gamers, that number is set to rise to 48.2% by 2028.
