Coinspeaker Oasys Partners with Vortex Gaming to Expand Presence in South Korea
This move marks an important step in blockchain gaming in South Korea, opening up Vortex players to countless new games and proprietary data like tokenomics on Oasys.
As a kickoff to this partnership, Ubisoft’s “Champions Tactics” will launch a campaign, leveraging Vortex Gaming’s services. Hosted from June 26 to July 7, players who complete specific tasks will win a Champions Tactics NFT that enters them into a drawing where 50 random participants are chosen as winners.
According to the official press release, Oasys wants to incentivize blockchain gaming technology and user acquisition within the Land of the Morning Calm. The agreement will also extend the number of blockchain-based games that Vortex players will have access to, including leading desktop and mobile titles featuring blockchain to enrich and support gameplay.
This significant expansion plan would be effective as Oasys taps Vortex Gaming’s extensive reach through Inven, which holds an impressive 80% market share in South Korea’s gaming webzine sector.
Vortex Gaming, a web3 subsidiary of Inven, runs a social media-style gaming platform and guild infrastructure. It aims to adopt web3 games on a large scale and provide professional content about game information and token economy. It is a great place for global gamers looking for connection, blockchain games discovery, and rewards through missions.
Interestingly, Vortex Gaming has established robust partnerships with prominent web3 companies, including NEAR Protocol, IoTrust, MARBLEX, METABORA SINGAPORE, and Kroma. This network enables the gaming media platform to offer a service optimized for web3 games, further solidifying its position as a key player in the country’s gaming landscape.
Oasys’ Existing Success
Oasys is committed to facilitating the onboarding of additional web3 users and making it simpler for players to discover the unique aspects of blockchain gaming that have garnered popularity in East Asia.
The partnership underscores Oasys’ existing success in the Korean market, following the launch of XPLA Verse, a layer 2 solution on the Oasys chain developed with South Korea’s Com2uS Group. The XPLA team will kick off the launch of the Web3 games with “The Walking Dead: All-Stars” (an NFT collectible game) and “Summoners War: Chronicles” (a Play-to-Earn trading card game) powered by the strong IP and brand recognition of Com2uS Group.
Meanwhile, Oasys’ native token, OAS, is currently trading at around $0.04865, boasting a market capitalization of $108 million. Despite this valuation, OAS remains down by 66% from its all-time high of $0.1442, which it reached on February 13. This decline is representative of the challenges faced by the broader cryptocurrency market this summer.
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Oasys Partners with Vortex Gaming to Expand Presence in South Korea