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Gaming Blockchain Oasys Completes Funding Round From Galaxy Interactive, Nexon

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Gaming-optimised blockchain Oasys has today announced the successful closure of a strategic funding round, with participation from Galaxy Interactive, South Korean gaming giant Nexon (the company behind MapleStory and Dungeon Fighter Online), as well as Presto Labs, MZ Web3 Fund, Hyperithm, Jets Capital, Jsquare, AAG, YJM Games, and ChainGuardians.

According to a press release, the funding round is aimed at enhancing Oasys’ ecosystem by strengthening its validator network and expanding its current pool of gaming partners.

“The wake of the recent incidents in the Web3 industry have emphasized the importance of building a decentralized and robust business — one premised on creating quality games and gaming content. Through the support and valuable expertise of leading game developers, the largest institutional backers in Web 3, and individual investors from all over the world, we will bring about a new breed of blockchain games with the gameplay and unparalleled experience the community desires,” said Daiki Moriyama, director at Oasys.

Following the strategic funding round, Oasys also announced the conclusion of its public token sale held from 30 November to 4 December, which saw its funding goal reached within 12 hours, with commitment from 60 countries. The sale allowed the general public (excluding US-based investors) to invest in Oasys for the first time.

Earlier this year, Oasys completed a US$20 million private token sale round, led by Republic Crypto, and announced its Mainnet launch in October.