What currency is Oasys (OAS)?

As a purpose-built blockchain platform, Oasys empowers game developers with a scalable, low-latency solution tailored to meet the demanding requirements of the gaming industry.

Dec 19, 2024 at 12:16 pm

What is Oasys (OAS)?

Key Points:

• Oasys is a Japanese blockchain platform designed for the gaming industry.
• It offers a scalable, low-latency network with a unique dual-layer architecture.
• OAS is the native token of the Oasys ecosystem, used for governance, staking, and transaction fees.

Overview:

Oasys is a purpose-built blockchain platform specifically tailored to meet the demanding requirements of the gaming industry. Recognizing the crucial need for high performance, scalability, and low latency in gaming applications, Oasys has been designed to address these challenges and empower game developers.

The platform features a unique dual-layer architecture consisting of a high-speed Layer 1 and a scalable Layer 2, allowing developers to seamlessly integrate blockchain technology into their games without compromising the user experience.

OAS Token:

The Oasys ecosystem is powered by its native cryptocurrency, OAS. The token serves multiple essential functions within the network:

• Governance: OAS holders can participate in the governance of the platform by voting on proposals that shape the future of the ecosystem.
• Staking: Users can stake their OAS tokens to secure the network and earn rewards.
• Transaction Fees: OAS is used as the primary currency for payment of transaction fees on the Oasys network.

Benefits of Oasys:

For game developers, Oasys offers several compelling advantages:

• Enhanced Scalability: The platform can handle high transaction volumes, supporting large-scale gaming applications with numerous users.
• Reduced Latency: Oasys optimizes network performance to deliver lightning-fast transactions, ensuring seamless gameplay without interruptions.
• Cross-Chain Interoperability: The platform enables seamless integration with other blockchains, facilitating the transfer of assets and data across different ecosystems.
• Developer-Friendly Tools: Oasys provides comprehensive developer tools and support, empowering game creators to effortlessly integrate blockchain features into their projects.

Adoption in the Gaming Industry:

Oasys has already gained significant traction in the gaming industry, garnering support from leading game studios and partners, such as:

• Bandai Namco Research: The gaming giant is collaborating with Oasys to explore innovative blockchain-based gaming solutions.
• Square Enix: Oasys is partnering with Square Enix to bring blockchain technology to the highly anticipated Final Fantasy VII Remake and other games.
• SEGA: SEGA has expressed interest in utilizing Oasys to power its upcoming blockchain games, leveraging the platform's capabilities for scalability and low latency.

FAQ:

• What is the maximum supply of OAS tokens? - 10 billion OAS
• What is the current circulating supply of OAS tokens? - 1.06 billion OAS
• On what exchanges is OAS currently listed? - Binance, KuCoin, Gate.io, MEXC, and Huobi Global
• What is the use case for OAS tokens? - Governance, staking, and transaction fees within the Oasys ecosystem
• How can I purchase OAS tokens? - OAS tokens can be purchased on the listed exchanges