Modern Australian
The Times Real Estate

.

Oasys Launches Decentralized Governance Framework to Drive Blockchain Gaming Growth

SINGAPORE - Media OutReach - 19 January 2023 - Oasys, a gaming-optimized blockchain for gamers and developers to build on Web3, today announces the launch of its new decentralized governance framework, which will empower project stakeholders to play a leading role in determining the future of the Oasys blockchain and drive growth of the blockchain gaming ecosystem.



The governance framework is an important first step for Oasys to realize its vision of being fully decentralized and autonomous blockchain gaming ecosystems. Decentralization is one of the core tenets of Oasys, and will enable the wider gaming community to participate in the decision-making process to determine the direction and development of the blockchain.

Oasys will implement its governance framework in a series of strategic phases, starting in 1Q 2023 and continuing until 2Q 2024. This phased approach will gradually delegate decision-making authority to Oasys tokenholders in a democratic and transparent manner. The phased approach will also allow Oasys and its partners to address security and centralisation risks, leading to better decisions that will help enhance overall industry standards.

photo-2023-01-18-19-22-51.jpeg

To begin, Oasys will first appoint a “Genesis Council'', an interim decision-making entity comprised of trusted partners from both the traditional and blockchain gaming industries. The Genesis Council will oversee the strategic direction and setting of decentralization standards for Oasys.

Starting in 2023, Oasys will then launch its official decision-making Council, where members will be officially appointed by the community and assigned operational roles, alongside a growing number of tokenholders. This will be an integral, final mechanism to replace the Genesis Council and delegate voting responsibilities to the public.

Oasys enjoys strong institutional support from major gaming developers and publishers, many of whom have become core validators and backers, including SEGA, Square Enix, Bandai Namco, Ubisoft, WeMade, double jump.tokyo and Yield Guild Games. Since its inception, Oasys and its partners have been fully committed to enabling tokenholders to independently participate in making key decisions on its blockchain.

Daiki Moriyama, Director, Oasys, said: “We are unwavering in our belief in the principles of decentralization, and democratizing decision-making for the wider gaming ecosystem. Oasys is at the forefront of setting standards for the future of gaming, and with our new governance framework, we hope to bring about mass adoption of blockchain gaming.”

One of the first decisions to be deliberated by Oasys’ “Genesis Council” will be to establish NFT meta-data standardization, so as to create an optimal medium for future blockchain games and metaverses, further driving the interoperability of NFTs.

Hashtag: #Oasys #Blockchain #Gaming

The issuer is solely responsible for the content of this announcement.

Oasys

Oasys was established in February 2022 to increase mainstream play-and-earn adoption, and at launch, committed to partnering with 21 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 revolutionizing the gaming industry with its Proof-of-Stake (PoS) based eco-friendly 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.

More information on Oasys is available at:
Website:
Twitter:
Discord:

How Artificial Tulip Displays Enhance Your Home’s Aesthetic

Artificial tulip displays have grown to be a common option for improving interior decor because of their exquisite look and long-lasting quality. Th...

The Psychology of Relationships: How Therapy Can Strengthen Bonds

Relationships require effort, understanding and communication. Couples and individuals can have better relationships with the assistance of therap...

Taking It Up a Notch: How 12.5kg Dumbbells Fit Into Progressive Overload Training

Photo by Jason Grant on Unsplash When it comes to getting stronger, more sculpted, and better conditioned, one principle reigns supreme in the worl...

Behind the Bowl: What Makes Premium Dog Food Worth the Price Tag?

Photo by Ayla Verschueren on Unsplash When it comes to feeding our four-legged companions, the pet food aisle can be a maze of options—bags promi...

Davines Sustainable Haircare: Revolutionizing Eco-Friendly Beauty Solutions

Davines is a well-known brand in the world of haircare, known for its high-quality products that deliver exceptional results. Its commitment to sust...

The Role of CDNs in Enhancing Headless CMS Performance and Reliability

A headless CMS provides businesses with the ultimate freedom for content management and output possibilities across any number of channels. However...

Finding the Right Dentist in Perth for Your Dental Implants: A Complete Guide

Missing teeth can significantly impact your quality of life, affecting everything from your ability to eat and speak to your self-confidence. Dental...

Fix These 5 Technical SEO Issues Hurting Your Perth Business Rankings

Perth businesses face unique challenges when competing for visibility in local search results.  While many business owners focus on content creati...

How a Professional Bookkeeper Can Help Your Small Business

Running a small business in Australia comes with many responsibilities, from managing day-to-day operations to ensuring compliance with tax and fina...

How Pre-Employment Drug Testing Can Improve Your Company’s Culture

When it comes to curating a thriving workplace, culture is everything. It is the glue holding teams together, the driving force behind productivity...

How To Find Comfortable And Stylish Armchairs Online

Shopping online can be tricky, particularly when it comes to buying furniture. All homeowners, including you, want an armchair that is stylish and c...

Rope Rescue Training Explained: Techniques, Tools & Skills

Rope rescue training is critical for emergency responders, industrial workers, and anyone who operates in high-risk environments. Whether you're a fir...

The Different Career Paths in a Law Firm: From Clerk to Partner

The legal profession offers a structured yet diverse career path, with opportunities ranging from entry-level positions to esteemed leadership roles...

The Importance of Exercise for People with Disabilities: Adaptive Workouts

Exercise is a fundamental part of maintaining physical and mental wellbeing, and this holds true for people of all abilities. For individuals with d...

Planning a Construction or Renovation? Don’t Overlook the Plumbing!

Building or renovating your home is an exciting journey—designing layouts, selecting finishes, and watching your space come to life. However, while ...

Bathroom Tiling: Trends, Materials and Installation Tips

The world of bathroom tiling has come a long way, with new trends, improved materials, and innovative installation techniques, making it easier than...

Best Products to Increase Hair Density: What Really Works?

Do you want thick, voluminous hair? We get you!! There’s just something about a full head of hair that makes you feel more confident. But what do...

The Cost of Back to Base Security in Sydney: Is It Worth the Investment?

Sydney is a fantastic place to live. The beaches, the cafes, the culture. There’s a reason people are willing to pay premium prices for a spot in ...