Oasys Launches Ecosystem Fund to Incubate and Invest in Web3 Gaming Projects.
The Oasys blockchain network, which is optimized for gaming, has launched an Ecosystem Fund to support the development and growth of early-stage Web3 projects. The fund will focus on investing in decentralized apps, games, infrastructure protocols, liquidity venues, and studios that are building on the Oasys network or supported blockchains.
In addition to providing financial support, the fund will also offer exclusive perks to the start-ups that receive funding. These include access to Oasys’ vast knowledge network and expertise, as well as the opportunity to break into the network’s partner network, which includes internationally recognized gaming investor Galaxy Interactive.
The fund will also provide grant funding in the form of OAS tokens, which will typically be used for marketing purposes. The project also plans to explore setting up a second fund in the future.
The gaming network has not yet revealed the size of the fund or the allocation for the ecosystem fund. However, with strong institutional backing from major players in the industry such as Bandai Namco Research, SEGA, Ubisoft, and Wemade, Oasys has the potential to play a significant role in shaping the future of the Web3 gaming industry.