Gaming blockchain Oasys partners Japan telco KDDI’s αU Wallet, αU Market in Web3 push

The partnership between Oasys, αU market, and αU Wallet by KDDI represents a significant development in the world of blockchain-based gaming and NFTs. Here are the key points:

Collaboration for NFT Trading: Oasys, a blockchain-based game development platform, is teaming up with αU market, a non-fungible token (NFT) marketplace, and αU Wallet, a cryptocurrency wallet by KDDI, one of Japan's major telecom companies. This partnership aims to allow users to trade NFTs on the αU market using Oasys.

Asset Management: Users will have the convenience of managing their NFT assets directly within the αU wallet, streamlining the process of buying, selling, and holding NFTs. Additionally, users will be able to transfer and deposit Oasys (OAS) tokens within the wallet.

Access to Oasys Games: The collaboration will extend the reach of Oasys-native games and decentralized applications to KDDI's extensive user base. This has the potential to introduce a new wave of gamers to blockchain-based games on the Oasys network.

Web3 Initiative: This partnership aligns with Oasys' broader Web3 initiative, which seeks to leverage blockchain technology to create a more decentralized and user-centric internet. The launch of the "αU" (Alpha You) metaverse and Web3 service earlier in the year is part of this initiative, empowering users to become creators.

Market Performance: As of the time of the announcement, the Oasys token (OAS) had experienced a decline in value, trading near a three-week low of US$0.0465 and down over 13% in the past month. Cryptocurrency and token values can be volatile, subject to market sentiment and various factors.

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