SEOUL — Neowiz, an online game publisher in South Korea, has joined Oasys, a gaming blockchain designed to build a decentralized metaverse by connecting different play-to-earn games within its ecosystem. The Oasys team is focused on solving problems that game developers encounter when building blockchain games on Ethereum.
Neowiz hopes to share global experiences related to the development, service and operation of blockchain games and the metaverse with the Oasys blockchain, which aims to drive innovation in the blockchain gaming industry due to its consensus mechanism of Proof of Stake (POS), which is used to validate transactions through randomly selected validators.
“As the Oasys project has a goal of ‘multiverse’, where multiple verses exist at the same time while maintaining the original value of each verse, we intend to cooperate for the development and growth of the ecosystem” , said Neowiz co-CEO Bae. Tae-geun said in a statement on June 17. “Based on the experience and know-how we would gain as an initial validator, we will build a partnership and promote mutual growth.”
Oasys said Neowiz will become the 21st initial validator in the Oasys ecosystem as it prepares its own blockchain platform and plans to expand and grow ecosystems such as the Non-Fungible Token (NFT) and Metaverse with various partners.
Oasys Director Daiki Moriyama urged Neowiz to participate as an important contributor to the growth of the Oasys ecosystem and the multiverse initiative where multiple metaverses pursuing different values exist at the same time.
Other South Korean game developers in the queue to join the Oasys blockchain are Com2us, Netmarble, which has actively invested in metaverse entertainment, and WeMade, which created “The Legend of Mir”, an online role-playing game. free fantasy massively multiplayer online. game based in an ancient oriental world.
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. Web 3.0 is a new iteration of the blockchain-based World Wide Web that incorporates concepts such as decentralization and the token-based economy.
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.
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