SEOUL — Com2uS Holdings, a Seoul-based public company that develops and publishes video games for mobile devices, has joined Oasys, a gaming blockchain designed to build a decentralized metaverse by connecting different play-to-earn games within its ecosystem.
Com2uS Holdings, formerly known as Gamevil, said that along with its subsidiary Com2uS, the group would participate in the Oasys blockchain as an initial validator. With Japanese companies, the South Korean company will work to popularize blockchain games. The Oasys blockchain aims to drive innovation in the blockchain gaming industry because of its proof-of-stake (POS) consensus mechanism.
The Oasys team focuses on solving the problems faced by game developers when building blockchain games on Ethereum. Oasys, officially launched on February 7, partnered initially with 21 gaming and Web 3.0 tech companies to act as validators who can secure and verify the transactions of different play-to-earn games and content creators.
Web 3.0 is a new iteration of the blockchain-based World Wide Web that incorporates concepts including decentralization and token-based economics. Technologists have described Web 3.0 as a possible solution to concerns about the over-centralization of the web in a few big tech companies. Web3 could improve data security, scalability, and privacy beyond what is currently possible with Web 2.0 platforms that center on user-created content uploaded to social media and networking services, blogs, and wikis, among other services.
The Com2uS group said it would lead Web 3 games and upgrade its C2X blockchain platform that allows users to enjoy various Web 3 games and participate in decisions necessary for ecosystem circulation through voting. C2X is a blockchain gaming platform striving to create ultimate NFT gaming experiences.
Other South Korean game developers in the queue to join the Oasys blockchain are Netmarble, which has actively invested in metaverse entertainment, and WeMade, an online game developer that created “The Legend of Mir,” a free-to-play fantasy massively multiplayer online role-playing game based in an ancient oriental world.
At an online press conference on February 16, WeMade CEO Henry Chang predicted a paradigm shift in the game industry with the introduction of blockchain. WeMade aims to introduce 100 blockchain games by the end of 2022.
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