Oasys (OAS) Faces 63% Price Surge as Ubisoft’s Game to Be Released on Blockchain

As a researcher with a background in blockchain technology and experience in following market trends, I’m excited about the recent developments surrounding Oasys (OAS) and its listing on South Korea’s largest cryptocurrency exchange, Upbit. The potential of this smart contract platform for Web3 gaming is significant, and the surge in OAS prices since the announcement is a clear indication of investor interest.


As a cryptocurrency analyst, I’m excited to share that Upbit, South Korea’s leading digital asset exchange, has recently added support for the Oasys (OAS) token, enabling trading against USDT and BTC market pairs. Oasys is an innovative smart contract platform specifically tailored for Web3 games, and its native currency, OAS, has experienced a significant surge of over 63% in value within the past 24 hours following this announcement.

Oasys is a platform offering scalability and an optimal environment for Web3 gaming. It achieves this through a multi-layered structure: a hub layer, derived from Ethereum, along with a verse layer and the application of Optimistic Rollup. This design enables significantly increased scalability, facilitating a smoother shift into Web3 gaming for businesses originating in the Web2 realm.

As an analyst, I’d rephrase the given information as follows:
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— Wu Blockchain (@WuBlockchain) May 23, 2024

In the context of the Oasys ecosystem, the OAS token assumes a pivotal role, serving multiple purposes such as payment for transactions, securing the network through staking, and engaging in governance decisions. The surge in OAS value can be attributed to a series of strategic initiatives and collaborations by Oasys, including Ubisoft’s entry into blockchain gaming with its debut title, Champions Tactics: Grimoria Chronicles, which was unveiled at an event hosted by Oasys.

The company intends to bring popular games like Summoners War: Chronicles from Com2uS, a renowned South Korean game studio, to its Oasys platform. By utilizing the platform’s cross-chain functionalities, it aims to cater to the Japanese Web3 gaming community.

As a researcher studying the latest developments in the blockchain gaming industry, I’m excited to share some recent updates from Oasys and Double Jump.Tokyo. The founding consortium member of Oasys has announced the upcoming release of their game, Battle of Three Kingdoms. Additionally, they have revealed the creation of the Oasys Passport, a wallet specifically designed for the Oasys blockchain. This wallet is set to enter open beta testing in August, with an official launch anticipated later in 2023.

In simpler terms, the addition of OAS to Upbit and the subsequent 63% price surge are clear indications of the potential value of the Oasys platform.

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2024-05-23 18:33