SEOUL – Com2uS, a game development and publishing company in South Korea, has become an initial investor in Ola GG, a regional partner of Yield Guild Games (YGG), a gaming guild to earn, which raised 8 million dollars to acquire non-fungible yield-generating tokens and the creation of educational content in Spanish.
Ola GG has raised $8 million from Com2uS and other investors to acquire non-fungible, yield-generating tokens and the creation of educational content in Spanish. Proceeds will also be used to expand the adoption of play-to-earn (P2E) games in the United States, Latin America and Spain. Ola GG has 3,000 scholarship players in its shared rewards program.
Latin America is an area with significant growth potential in the global Web 3.0 arena and plays an important role in expanding a C2X platform, Com2uS said in a statement on Apri. 29. The South Korean company is trying to secure a global position in the field of Web 3.0, which is a new iteration of the blockchain-based World Wide Web that incorporates concepts such as decentralization and the data-based economy. tokens.
Technologists have described Web 3.0 as a possible solution to concerns about excessive web centralization in a few large tech companies. Web 3.0 could improve security, scalability, and data privacy beyond what is currently possible with Web 2.0 platforms that focus on user-created content uploaded to social media and networking services, blogs and wikis, among other services.
C2X is a blockchain gaming platform that strives to create ultimate non-fungible funds (NFT) gaming experiences. Com2uS aims to lead Web 3 games and upgrade its C2X blockchain platform which enables users to enjoy various Web 3 games and participate in decisions necessary for ecosystem circulation through voting.
The investment in Ola GG came a day after Com2uS invested an undetermined amount in double jump.tokyo, a blockchain game developer and NFT solution provider for major gaming and entertainment companies. double jump.tokyo is a member of Oasys, a gaming blockchain designed to build a decentralized metaverse by connecting different play-to-earn games within its ecosystem.
Com2uS Holdings and its subsidiary Com2uS joined Oasys in March. The Oasys blockchain aims to drive innovation in the blockchain gaming industry due to its Proof of Stake (POS) consensus mechanism. The Oasys team is focused on solving problems that game developers encounter when building blockchain games on Ethereum. Oasys, officially launched on February 7, initially partnered with 21 gaming and Web 3.0 technology companies to act as validators capable of securing and verifying the transactions of different games and content creators.
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