Galaxy Interactive and Oasys recently hosted a community cocktail reception in Tokyo, Japan, bringing together 80 partners, collaborators, and friends to celebrate our commitment to Japan’s thriving blockchain and gaming market. Three Galaxy Interactive executives spoke to the audience, emphasizing their plan for prioritizing Japan as a key market in these industries.
The evening began with a warm welcome from Galaxy Interactive and Oasys, setting the stage for insightful discussions and valuable networking opportunities. Amidst the vibrant atmosphere, Galaxy Interactive speakers were able to share their insights into the significance of Japan’s Crypto and gaming potential as more companies are considering and starting game development using non-fungible and fungible tokens.
Sam Englebardt, Founding General Partner at Galaxy Interactive, opened the discussions, drawing on his extensive gaming industry expertise. Sam highlighted the intersection of interactive content and video gaming, expressing confidence in Japan’s importance as a jurisdiction for Web3 that will likely have a big role in the future of gaming innovation. The potential of the Japanese web3 directly relates to the country’s rich cultural heritage and passionate gaming community.
Richard Kim, General Partner at Galaxy Interactive, took the stage to share his insights on the crypto market in Japan at a time of confluence of many trends, traditions and developments. Galaxy Interactive is strongly interested in the meeting point of content, finance and technology — a synergy happening in Japan. We’re seeing the realms of the digital and the physical worlds blend more with big game publishers being a huge driving force behind it.
Raising awareness of the importance of a coordinated and standardized approach can create a significant opportunity for Japanese companies to develop the next infrastructure and applications in Web3 in the context of gaming.
Guests also heard from Ryan You, Investment Partner at Galaxy Interactive. His speech focused on integrating gaming and crypto as essential components for gaming projects to create a sustainable ecosystem. Having grown up with Japanese IP and content, Ryan is a strong supporter of the global impact of blockchain technology on the gaming landscape that will take traditional gaming to the next stage in its evolution. He spoke of Galaxy’s vision for supporting Japan’s vibrant gaming community as a driving force behind crypto adoption and innovative gaming experiences to put Japanese companies on the global map.
We are inspired by Galaxy executives’ vision and passion, which resonated with attendees throughout the evening and proud to share their commitment to Japan’s growing crypto and gaming market. The first of more events demonstrated the strong partnership between Galaxy Interactive, the lead investor of our Strategic Funding Round that closed last December, and Oasys, united in their pursuit of unlocking Japan’s Web3 future.
We hope attendees left the event excited about the future of crypto and gaming in Japan. Together, we can continue to foster a collective dedication to elevate Japan’s position as a global player in these transformative industries.
Galaxy Interactive and Oasys are two brands with a shared vision and commitment to turning Japan into a globally-competitive hub for Web3. We are confident we’ll see more builders coming to Web3 and more brands exploring gamification in the coming years as many Japanese gaming companies have announced their intent to move into the blockchain gaming space. The event in Tokyo — one of the world’s largest entertainment cities– marks the beginning of what we hope is a shared collaboration with partners, investors and stakeholders to work towards shaping the future of both the Japanese and global crypto and gaming landscapes.
Oasys was established in February 2022 to increase mainstream play-and-earn adoption, and at launch, committed to partnering with 25 gaming and Web3 tech companies to act as validators, such as Bandai Namco Research, SEGA, Ubisoft and Yield Guild Games. Led by a team of blockchain experts and joining forces with the biggest gaming company names to serve as the initial validators, Oasys is revolutionising the gaming industry with its Proof-of-Stake (PoS) based blockchain.
With a focus on creating an ecosystem for gamers and developers to distribute and develop blockchain-based games, Oasys solves the problems game developers face when building games on the blockchain. The trifecta approach of the fastest network powered by the gaming community, a scalable network powered by AAA game developers and the blockchain offering the best user experience with fast transactions and zero gas fees for users, readies participants to enter the Oasys and play.
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Galaxy Interactive is an industry-leading global venture capital fund under Galaxy (TSX: GLXY). Since our inception in 2018, we have been one of the most active venture investors in video games, immersive virtual worlds, web3, and the underlying technology and marketplaces powering our digital experiences and identities, with more than $800 million in AUM. Our specialized team manages a multi-LP fund focused on interactive content, technology, and social commerce companies. We support and advance innovative founders worldwide via unparalleled sector expertise, curated community and services, and a deep network of functional experts.