Oasys informed the funds raised will be used to enhance its ecosystem, strengthen its blockchain validator network, and also expand its network of partners.
, a South Korean gaming company. Other companies, including Presto Labs, MZ Web3 Fund, Hyperithm, Jets Capital, Jsquare, AAG, YJM Games, and Chainguardians, also participated in the round.
While the company did not share the amount of funds raised during this round, it did inform that they will be used to enhance its ecosystem, strengthen its validator network, and also expand its partners network. Oasys believes that this new funding round will also be able to create new business opportunities in the sector.
While the crypto and blockchain sector was affected by the demise of FTX, the cryptocurrency exchange, Oasys’ director Daiki Moriyama believes that this constitutes an opportunity to build real decentralized structures. Moriyama stated: The wake of the recent incidents in the Web3 industry have emphasized the importance of building a decentralized and robust business — one premised on creating quality games and gaming content.
Furthermore, Moriyama explained the company aims to rely upon this element, the decentralization, and the support from all the partners in its ecosystem to produce “a new breed of blockchain games with the gameplay and unparalleled experience the community desires.”Oasys’ token sale, which was open until Dec. 4, reached its funding goal in less than 12 hours, according to reports.
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