Gaming Network Oasys Onboards Japan Conglomerate SoftBank as Network Validator

Japanese conglomerate SoftBank will become an official network validator of the gaming blockchain Oasys with a focus on the development of blockchain-based services for the gaming industry, as per a release shared with CoinDesk.

SoftBank said the technicals of Oasys served both users and IP (intellectual property) holders, along with its advanced technological capabilities, which has led to their decision to participate in the Oasys blockchain.

Network validators are entities that verify transactions on any blockchain network, helping keep that network secure. This partnership extends beyond SoftBank’s role as validators, as the two companies explore potential collaboration, including the development of blockchain-based services, in the future.

Bandai Namco Research, SEGA, Square Enix, Netmarble, and 17 other companies are among the 21 initial validators for Oasys. As such, in the next batch of validators, four more companies will be joining the network, bringing the total to 25.

In just over a year since its formation, Oasys has fully launched its mainnet blockchain protocol, with over a dozen playable games available on its blockchain. On 31 January 2023, the company announced plans to list on the Japanese crypto exchange bitbank.

Oasys’s OAS token was up 8% at 9 cents at the time of writing.

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