Is this the year of AAA and poop games in crypto?

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Japanese blockchain firm Oasys has plans to dominate the crypto gaming sector this year, starting with a listing of its OAS token on Bitbank, a local crypto exchange. OAS is already listed on five centralized exchanges – OKX, KuCoin, Bybit, Gate, and Huobi – but Bitbank will allow Oasys to finally pursue Japanese gamers.

Talk about a homecoming.

OAS has been on a steady ascent and is now trading at roughly US$0.074, a 13% increase from December last year when it was first listed.

This week’s premium story dives deep into Oasys’ plans to be the blockchain of choice for the AAA gaming world and why – despite being backed by Japanese gaming giants like Sega and Bandai Namco – it’s taking the firm so long to release anything.

— Shihan

🤿 THE DEEP DIVE

Oasys aiming for the moon in 2023

Image credit: Timmy Loen

The blockchain company does not have any games launched on it yet but hopes to see 20 titles running on the network by the end of Q2 this year.

One reason for the slow rollout is the complexity of launching a game on a blockchain – no publisher wants to be remembered for releasing a game that crashed. Traditional Japanese companies, in particular, are not keen to rush out titles that could diminish the standing of their precious intellectual property.

My colleague Scott speaks to Ryo Matsubara and Daiki Moriyama, both directors at Oasys, to understand how the firm plans to go big this year.

👀 ALL EYES ON…

What everyone’s talking about.

Fed hikes interest rates sparking Bitcoin rally
The US Federal Reserve hiked its benchmark interest rate by 25 basis points on Thursday to a new range of 4.5% to 4.75%. The announcement sparked a Bitcoin rally, pushing prices up roughly 5%.

⭐ TO THE STARS

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