Oasys is building a bridge to Ethereum as part of its ongoing initiatives to bolster interoperability with other chains. Additionally, the brand revealed a new logo for the OAS token.
Singapore, Aug 29 — Oasys, a blockchain optimised for games, is proud to announce bridging OAS between Oasys and Ethereum, making OAS tokens transferable and operable within the Ethereum ecosystem via a cBridge.
The interoperability bridge will enable Oasys users to move OAS across both Layer1 blockchains. Every time a user transfers OAS tokens, the bridge’s smart contract secures the original tokens and mints an equivalent number of new tokens on the other chain. The cBridge will open both chains to a broader base of users and allow projects to leverage the distinct characteristics of the Oasys and Ethereum blockchains simultaneously. The new interoperability will combine the thriving DeFi ecosystem of Ethereum with the gaming-friendly infrastructure of Oasys.
Interoperability has been a pillar of the Oasys vision from the outset. An Ethereum bridge is the first step towards achieving broader interoperability of fungible tokens to enable native, cross-chain token transfers. This integration is part of Oasys’ broader strategy to power a unified experience across supported blockchains, starting with Ethereum.
This development is the first step toward Oasys’ mission for enabling an interoperable, multichain future by providing access to other chains and expanding the possibilities for further development. The integration happened at the same time the brand released an updated OAS token logo as part of the new visual identity of Oasys debuted in June.
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 in our Proof-of-Stake (PoS) based blockchain. Oasys’ expert blockchain team, combined with the biggest names in gaming, is revolutionizing the gaming industry.
Oasys solves the challenges that game developers face when building blockchain-based games by focusing on creating an ecosystem for gamers and developers to distribute and develop games. The company’s trifecta approach includes a fast network powered by the gaming community, a scalable network powered by AAA game developers, and a blockchain that provides the best user experience with fast transactions and zero gas fees. This approach prepares participants to enter the Oasys and play.
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Ethereum is a public network, a blockchain, and an open-source protocol — operated, governed, managed, and owned by a global community of tens of thousands of developers, node operators, ETH holders and users.