Game-focused blockchain Oasys launches NFT initiative

Game-focused blockchain Oasys launches NFT initiative

Game-focused blockchain Oasys launches NFT initiative
12 December 2022
12 December 2022

Kelly Cromley

A blockchain tailored for gaming On December 8, Oasys announced the launch of OASYX, its first non-fungible token (NFT) initiative, on its native blockchain. The project’s first round of NFTs will be produced by blockchain game company double jump.tokyo headquartered in Japan and overseen by game production manager Yu Suzuki.

The first edition of OASYX will include the free release of 10,000 unique characters that will be the starting point for future metaverse personas. In subsequent series, OASYX plans to provide a larger variety of NFTs with more capabilities and other auxiliary accessories, such as fresh characters, fashion accessories, as well as in-game accessories.

According to the Private Wealth in Digital Assets Study 2022, Singapore’s appetite for digital assets has increased to 88% from 53% previously, following the cryptocurrency market’s plunge on the heels of Terra Luna’s collapse in early May. This demonstrates the country’s continued market confidence despite disruptive volatility, particularly in the cryptocurrency space.

The survey, which was conducted by Singapore-based virtual assets and financial services company Matrixport, indicated that the number of Singaporean investors with a strong interest in crypto-assets increased by 2.2 times after the Terra Luna incident.

Singapore also experienced the largest increase in the involvement of mega-rich people (MAI) in crypto-assets, compared to other nations. According to the survey, the cryptocurrency winter led to a 6.67-fold increase in the number of MAIs eager to buy digital assets.

The curator-led NFT marketplace TheUpsideSpace has formally launched on December 8 with the intention of helping both conventional visual artists who want to enter the NFT art field and artists who are truly currently creating NFT art using digital resources.

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TheUpsideSpace presentations will help artists think of their works as NFTs to penetrate the Web 3.0 space and catapult their artworks onto the world stage, in an effort to attract new audiences worldwide. In this way, the bar is lowered to entry for new artists who are less familiar with the area, while they are thoroughly coached and guided through the environment, according to the statement.

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