Singapore, September 5, 2023 — Gaming-optimized blockchain Oasys has sealed a partnership with GroundX, a subsidiary of Korea’s largest mobile platform Kakao. As part of the alliance, Oasys will support the SDK for Klip, the digital asset wallet developed by GroundX.
Through its support for the Klip SDK, Oasys intends to strengthen its presence in the South Korean market, enabling developers who adopt Oasys to integrate Klip and access a sizable user base in South Korea.
Launched in 2020, Klip is designed to be used on the KakaoTalk messenger application and boasts over 90% market share in South Korea with two million users. Users of Klip can sign in to the web3 wallet with their Kakao accounts, lowering the barriers to entry for those seeking to safely store and transfer cryptocurrency.
“We believe that working with GroundX, which is at the forefront of the Kakao Group’s blockchain business and has accumulated a lot of expertise in the blockchain field, will create strong synergies with the Oasys ecosystem,” said Dominic Jang, Head of Business Development at Oasys.
“The provision of the Klip Wallet SDK will be a valuable addition to the infrastructure that makes it easier for our partners to operate their games on Oasys. In addition, through our participation in GRID, we will strengthen our network with leading companies based in Korea.”
The GRID partnership to which Jang refers will enable Oasys to further penetrate the Korean market: a web3 and NFT project consortium of over 130 companies in Korea and elsewhere, GRID helps member entities launch NFT projects. GRID is also affiliated with GroundX.
“We believe the partnership with Oasys will be a catalyst for GroundX to go global by expanding the number of Klip users with the provision of the Klip-embedded SDK,” added Taekeun Kim, Head of Business, at GroundX. “We look forward to securing global gaming partners and working with each other to promote the wallet and NFTs.”
Oasys’ support for the Klip SDK is just the first step of the collaboration with Klip’s integration of Oasys on the horizon. GroundX is also a partner of the Hackathon co-held by Oasys and XPLA during Korea Blockchain Week. Moreover, it will offer Korean companies participating in the GroundX ecosystem the opportunity to leverage Oasys by adopting the Oasys chain.
Oasys is a blockchain-based game development platform that offers a highly scalable Layer-1 hub and specialized Layer-2 using Ethereum’s Layer-2 scaling solution. The ecosystem provides game developers with a secure and scalable blockchain infrastructure for creating more efficient, secure, and interoperable games. Among Oasys’ validators are leaders in gaming and Web3, such as SEGA, Ubisoft, and Yield Guild Games, who act as initial validators of the Proof-of-Stake (PoS) based blockchain. With its expert team and gaming partners, Oasys is revolutionizing the gaming industry.
GroundX is a blockchain technology and services affiliate of Kakao, Korea’s largest mobile platform. Responsible for developing the Klaytn public blockchain platform, GroundX also created the Klip cryptocurrency wallet and NFT distribution service Klip Drops. A leading global NFT company, GroundX has built the foundation for a creator economy that coexists with artists, paving the way for a healthy culture where anyone can easily access digital art.