Oasys is known as one of the leading blockchains dedicated to gaming projects. Oasys with proof-of-stake (PoS) saves power and is environmentally friendly. 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 speed, 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, do not support traditional game projects as well as blockchain game projects, which are developed in the best way. So they decided to build a new blockchain according to the Oasys architecture and dedicated to game projects.
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, 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… In rare cases, certain contracts may be approved for deployment on Hub-Layer through governance approval. Since these contracts are under government supervision, the stability of the blockchain is not affected.
Advantages of Hub-Layer:
Oasys builds Verse-Layer based on Optimistic Rollups technology. Oasys Optimistic Rollups is established through two factors:
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.
Oasys officially went to mainnet on October 25, 2022. The 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:
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 video 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 along with a powerful backer, the potential of the project is which we cannot deny.
In July 2022, Oasys successfully raised 20 million USD in Private Token Sale round led by Republic Capital. Notable names participating in the funding round include: Crypto.com, Gate.io, Huobi, Bybit, KuCoin, Bitbank, Jump Crypto.
Besides, Oasys is a partner with many Game-Fi and NFT platforms to jointly expand and develop its ecosystem such as: tofuNFT, Carv, Celer Network.
Validator of Oasys currently has big names such as: Bandai Namco, Square Enix, YGG, GREE, Sega, Netmarble, Ubisoft, Wemade...
The 10,000,000,000 OAS in the initial supply will be allocated as follows:
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… 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.
To learn more about the project, you can visit the following channels:
Website | Medium | Twitter | Discord | Telegram
TraderH4 will continue to update information about the Oasys project as well as the attractive games introduced on this blockchain platform to you.
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