SoftBank, a Japanese conglomerate, is set to become an official network validator of the gaming blockchain Oasys, according to a release shared with CoinDesk.
SoftBank has cited Oasys’s technical capabilities, which benefit users and intellectual property holders, as the reason for its decision to participate in the blockchain.
The partnership between SoftBank and Oasys will go beyond the former’s role as validators, as the two companies explore potential collaboration on the development of blockchain-based services for the gaming industry.
Oasys currently has 21 validators, including companies such as Bandai Namco Research, SEGA, Square Enix, and Netmarble, with four more expected to join in the next batch of validators.
Oasys’s mainnet blockchain protocol has been fully launched, with over a dozen playable games available on its blockchain.
On January 31, 2023, the company announced plans to list on the Japanese crypto exchange bitbank. The OAS token of Oasys was up 8% at 9 cents at the time of writing.