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Market News

Oasys Joins Forces with Kakao for Web3 Gaming Surge in Japan

This collaboration promises to blend Metabora SG's expertise in engaging game experiences with Oasys' innovative platform.

Written By Kelvin Munene
Published 2024-02-22·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle
LBank Integrates Oasys Blockchain Gaming Platform

Japanese blockchain Oasys is partnering with Kakao’s Web3 gaming arm, Metabora SG, to propel Metabora SG’s entry into the Japanese market. Oasys, known for its gaming-centric blockchain, will lend its eco-friendly technology to Metabora SG. 

This collaboration promises to blend Metabora SG’s expertise in engaging game experiences with Oasys’ innovative platform. Consequently, this should captivate the Japanese gaming community.

Regulatory Winds Shift

Japan is revising its stance on crypto and Web3, making it a fertile ground for such ventures. The nation has recently seen regulatory reforms that favor the Web3 sector, including tax exemptions for unrealized crypto gains. Additionally, venture capital can now directly invest in crypto startups.

Make Japanese🇯🇵 Web 3 market more liquid.

As the issue of corporate unrealized gain taxation and
LPS Act has been resolved, we can launch web 3 startups from Japan🔥.
The next step is to improve liquidity in order to create an environment for growth.

I made presentation to… https://t.co/nj5tGxaEna

— Ryo Matsubara_EN (@RyoMatsubara3) February 21, 2024

Oasys’ engagement with Japan’s ruling party’s Web3 team highlights the drive to enhance the local Web3 gaming scene’s global stance. Ryo Matsubara of Oasys emphasized the critical need for liquidity in Web3 projects for Japan to reclaim its position as a leading market.

This partnership between Oasys and Kakao’s Metabora SG marks a step forward in Japan’s Web3 gaming landscape, promising innovative gaming experiences powered by advanced, eco-conscious blockchain technology.

Also Read: Com2uS Joins Oasys Blockchain for Web3 Game Development

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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