Blockchain Gaming Firm Oasys Partners with GroundX to Expand Presence in South Korea September 6, 2023 September 6, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsSeptember 6, 2023 by Kelly Cromley

Blockchain Gaming Firm Oasys Partners with GroundX to Expand Presence in South Korea

In a strategic collaboration, Oasys has joined forces with GroundX, an integral component of South Korea’s premier mobile conglomerate, Kakao. This collaboration signifies Oasys’s intent to integrate GroundX’s Klip Wallet SDK, a digital asset wallet supported by Kakao, as it seeks to strengthen its foothold in the South Korean market.

Klip, introduced in 2020, is intricately designed to be seamlessly compatible with KakaoTalk, the dominant messaging application in South Korea boasting an impressive 90% market share and serving a user base of two million dedicated individuals. A notable feature of Klip is its user-friendly sign-in mechanism via Kakao accounts, simplifying the cryptocurrency experience for enthusiasts.

Dominic Jang, Oasys’s Director of Business Expansion, expressed his optimism regarding the partnership with GroundX, a prominent blockchain entity within the Kakao Group. Jang firmly believes that this collaboration holds the key to unlocking the full potential of the Oasys network. By integrating the Klip Wallet SDK, Oasys affiliates will gain a streamlined avenue for launching their games. Furthermore, Jang sees this collaboration as an opportunity to strengthen ties with distinguished South Korean enterprises, notably GRID.

GRID, an essential player in this context, represents a consortium dedicated to Web3 and NFT ventures, boasting a roster of over 130 global companies, with GroundX as a notable member.

Taekeun Kim, Business Chief at GroundX, conveyed his excitement about partnering with Oasys to expand the global reach of Klip and enhance digital wallets and NFTs.

The newly formed alliance between Klip and Oasys represents just the initial step in their collaborative journey, as they aspire to incorporate more advanced features. GroundX’s active participation in the Hackathon, jointly organized by Oasys and XPLA during Korea Blockchain Week, underscores the depth of their cooperation. Additionally, Korean startups under the auspices of GroundX will soon have access to Oasys’s extensive resources.

Oasys stands as a trailblazer in the realm of blockchain gaming, offering a development platform for gaming that leverages Ethereum’s Layer-2 scalability, thereby providing a robust and adaptable blockchain foundation. This platform ensures smooth and secure gaming experiences for both developers and gamers alike. Supported by prominent names such as SEGA, Ubisoft, and Yield Guild Games, Oasys has garnered significant recognition and relies on primary validators for its PoS-centric blockchain. Oasys is dedicated to working collaboratively with its team and partners to establish new benchmarks in the gaming industry.

GroundX, as Kakao’s blockchain subsidiary, spearheads blockchain innovation through the development of groundbreaking platforms like Klaytn. In addition to crafting the Klip digital wallet, GroundX has introduced the Klip Drops NFT marketplace. They are actively championing the NFT revolution and envision a digital art domain that is accessible to all, fostering an inclusive and harmonious environment.

This strategic collaboration between Oasys and GroundX is poised to usher in a new era of innovation in the South Korean blockchain and gaming landscape, capitalizing on the strengths and expertise of both entities to offer enhanced solutions and experiences to their users and partners.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.