Gaming Focused Blockchain Oasys Launches NFT Initiative

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 Japan-headquartered blockchain game company double jump.tokyo and overseen by game production executive Yu Suzuki.

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

Per the Private Wealth in Digital Assets Study 2022, Singapore’s appetite for digital assets has surged to 88% from 53% before, after the cryptocurrency market’s downfall on the heels of Terra Luna’s meltdown in early May. This demonstrates the country’s sustained market confidence despite disruptive volatility, notably in the cryptocurrency area.

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

Singapore also experienced the greatest rise in the involvement of mass affluent people (MAIs) in cryptoassets, relative to other nations. As per the survey, the cryptocurrency winter prompted a 6.67-fold surge in the number of MAIs eager to purchase digital assets.

The curator-led NFT marketplace TheUpsideSpace has formally started on December 8 with the intention of assisting both conventional visual artists seeking to enter the field of NFT art and artists who really are currently making NFT art using digital resources.

TheUpsideSpace presentations will aid artists in conceiving their works as NFTs in order to penetrate into the Web 3.0 area and catapult their artwork into the world arena, in an attempt to attract new audiences worldwide. In this manner, the bar to entrance is decreased for emerging artists who are less acquainted with the area, while they are meticulously coached and directed through the environment, according to the statement.