What is special about Oasys – Blockchain for games?

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Oasys is a public blockchain developed specifically for gaming projects. The Oasys team consists of professionals with many years of experience in the gaming industry. The project has received investment of up to 20 million USD from many large investment funds in the world. 

Oasys . project overview

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Oasys is known as one of the leading blockchains dedicated to gaming projects. Oasys with consensus by stake (PoS) saves power and is friendly to the environment. Besides, Oasys's unique 2-layer structure including layer 1 Hub-Layer and layer 2 Verse-Layer also makes a difference for this blockchain.

From the perspective of the project development team, a suitable blockchain for games needs to meet the following criteria: zero gas fees, fast transaction speeds, high data availability, and stable network.

The Oasys team believes that the current blockchain platforms on the market do not really meet the above conditions, not helping traditional game projects as well as blockchain game projects to be supported in the best way. So they decided to build a new blockchain according to the Oasys architecture and dedicated to game projects.

How does Oasys work?

Oasys includes a highly scalable layer-1 called Hub-Layer and layer-2 called Verse-Layer. There can be multiple Verse-Layer directly associated with the Hub-Layer. Specifically, how the two layers work is shown in the diagram below:

Hub-Layer

Hub-Layer, the public blockchain in Oasys is EVM-compatible. In theory, Verse-Layer is responsible for executing applications to create a Hub-Layer blockchain network that can only be used in certain cases, such as deploying batches of transactions, managing FT/NFT, bridge information management, etc. In rare cases, certain contracts may be approved for deployment on Hub-Layer through administrative approval. Since these contracts are under government supervision, the stability of the blockchain is not affected. 

Advantages of Hub-Layer:

  • High Network Stability (High Stability): Hub-Layer is highly resilient to work with thousands of connected Verse-Layer, while reducing the risk of network failure due to problems with nodes.
  • High Scalability (High Scalability): Transactions sent from Verse Layer to Hub-Layer will use Optimistic Rollups technology to reduce the number of transactions on Hub-Layer. This allows for scalability that does not depend on the proliferation of Verse-Layer transactions.
  • High Data Availability: Transaction data on the Verse-Layer is reflected on the Hub-Layer. Therefore, any event in the Verse-Layer is verifiable.
  • Eco-Friendly (User Friendly): Oasys is an eco-friendly blockchain that consumes no energy due to the PoS consensus mechanism, so gas fees for developers will be minimal.

Verse-Layer

Oasys builds Verse-Layer based on Optimistic Rollups technology. Oasys Optimistic Rollups is established through two factors:

  • Verse Builder operates Verse-Layer
  • Fraud-proof by designated validators. 

Verse Builder can specify one or more validators when building Verse, these validators will receive incentives as a third party.

Oasys removes the 7-day moderation period from Optimistic Rollups and allows transactions to be approved instantly like on Web2. This transaction speed will be faster than any other blockchain and layer-2.

Additionally, since all data on Oasys is stored in the Hub-Layer, high data availability is achieved, and even if the Verse-Layer is lost, it can still be fully recovered.

Roadmap

Oasys went live on mainnet on October 25, 10. Oasys mainnet will be rolled out in three distinct phases, designed to stabilize, integrate, and enhance the overall ecosystem. Specifically, the mainnet process is as follows:

  • Phase 1: 21 validator will start working on the nodes, ensuring the performance of layer-1.
  • Phase 2: Integrate layer-2 into the existing frame.
  • Phase 3: Integrating essential components of the Oasys ecosystem to deliver gaming performance and enhanced user experience.

Daiki Moriyama, Director of Oasys, said: “The blockchain gaming ecosystem has grown rapidly over the past few years, showing the growing value that projects like Oasys bring to the industry as a whole. The mainnet launch is an important step in creating a separate blockchain for games. With full functionality, Oasys hopes to change the future of gaming and deliver tremendous value to gamers and game developers.” Currently, the team has not revealed too much about the project's plans and intentions in the near future, but as a project with many reputable validators and strong backers, the potential of the project is what we need. we cannot deny.

Oasys team

Advisors

  • Representative Director: Ryo Matsubara
  • Director: Daiki Moriyama
  • Head of Ecosystem Alliance: Yasuaki Kitaoka
  • Head of Marketing: Kokushi Hattori
  • Head of Game Alliance: Dominic H. Jang
  • Technical Lead: Technical Lead
  • PR & Communications: Akari Oeda
  • Controller: Keiya Ando

Investors

On 07/2022, Oasys successfully raised 20M capital in the Private Token Sale round with the leadership of Republic Capital. Notable names participating in the funding round include: Crypto.com, Gate, Huobi, bybit, Kucoin, Bitbank, Jump Crypto.

In addition, Oasys is a partner with many Game-Fi and NFT platforms to jointly expand and develop its ecosystem such as: tofuNFT; Carv; CelerNetwork.

Validator

Validator of Oasys currently has big names such as: Bandai Namco, Square Enix, YGG, GREE, Sega, Netmarble, Ubisoft, Wemade, etc. 

OAS token overview

Key Metrics

  • Token Name: Oasys
  • Ticker: OAS
  • Blockchain: Oasys
  • Contract: Updating
  • Token Type: Utility, Governance 
  • Total Supply: 10,000,000,000 OAS

Token allocation

10,000,000,000 OAS in the initial supply will be allocated as follows:

Token use cases

  • Use as a gas fee: OAS is used to pay gas fees when performing transactions such as transferring tokens from Verse-Layer to Hub-Layer or vice versa, running smart contracts on Hub-Layer.
  • Decentralized Administration: Users can send OAS into the protocol to build a Verse Layer. Just stake more than 1 million OAS tokens, users will be entitled to build a Verse Layer.
  • Participate in voting: The more OAS you own, the more voting power your project governance decisions have.
  • Staking: One of the next uses of OAS token is staking for rewards. When users stake over 10 million OAS, they can become validators.
  • Payment of transactions: OAS is used to settle small transactions for games built on the Oasys blockchain.

Projects in the ecosystem

Games built on Oasys are also on the rise, from role-playing games, action games, to countless other types of games. Some outstanding games include: Trouble Punk, Sheep Farm, Reign of Terror, SkyArk Chronicle, etc. And not to mention the game using SEGA's IP, Sangokushi Taisen. This year, the Oasys team said there will be at least 10 more titles that will soon be released on Oasys.

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