Since its launch, SBINFT Market has supported a long list of tokenized assets across digital art, music, in-game items, and event tickets.
Gaming-focused blockchain network Oasys has inked a strategic partnership with SBINFT Market, a Non-fungible Token (NFT) marketplace under SBI Group. The partnership is designed to foster the expansion of the Japanese NFT and crypto gaming ecosystem.
SBINFT Market Brings More Benefits to Oasys
As part of this alliance, the SBINFT Market now supports assets from Oasys’ Hub-Layer (Layer-1) and MCH Verse (Layer-2) blockchains. This is in addition to its previous integration with Oasys’ HOME Verse.
Noteworthy, Oasys prides itself as one of the chains that have garnered interest from traditional game titans like Ubisoft, Bandai Namco, and Saga. This is why it is pulling resources to boost the growing blockchain gaming sector of the Asian country.
The new collaboration will afford developers who build on Oasys the opportunity to auction off their collections via the SBINFT marketplace. Although this feature is still subject to approval by SBINFT Market. Still, only digital collectibles from authorized artists and Oasys-affiliated providers will be eligible for listing on the marketplace.
Oasys Director Daiki Moriyama acknowledged that the marketplace’s support for Oasys’ Hub-Layer and MCH Verse is of crucial significance to its ecosystem. Moriyama highlighted that it provides Oasys users and developers with more opportunities for monetization and engagement within the blockchain gaming space.
“We are excited to deepen our presence in Japan, bringing our unique gaming-focused blockchain solutions to one of the most innovative markets in the world,” the Oasys Director said in a published release.
Since its launch, SBINFT Market has supported a long list of tokenized assets across digital art, music, in-game items, and event tickets. Additionally, it has facilitated transactions via digital currencies and credit cards. SBINFT Market supports NFTs on Ethereum and Polygon blockchains.
Apart from its new alliance with the NFT marketplace, Oasys is working on other key projects like its own OASYX NFT collection and the upcoming game Champions Tactics: Grimoria Chronicles from Ubisoft. Ubisoft is the gaming giant behind the Assassin’s Creed franchise.
Oasys to Growth of Blockchain Gaming
Explicitly, Oasys is keen on improving the blockchain gaming sector in the Asian region. Its desire to propel blockchain gaming in the Chinese-speaking community prompted its collaboration with Pacific Meta earlier this year. The plan is to leverage Pacific Meta’s proficiency in strategic development, promotional activities, and assistance with token listings.
Pacific Meta’s expertise equally transcends localization, social media management, Key Opinion Leader (KOL) marketing, and community engagement.
Generally, the blockchain gaming sector looks promising, per the opinions of experts and analysts. According to research conducted by analysts at Fortune Business Insights, it is projected that the decentralized finance gaming sector (GameFi) will hit an impressive $614.91 billion by 2030 at a compound annual growth rate (CAGR) of 21.8%.
The potential growth will be propelled by several factors including increased interest in online gaming after the COVID-19 pandemic, which affected the entire global market.
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