Business Daily Media

Men's Weekly

.

Oasys Launches Decentralized Governance Framework to Drive Blockchain Gaming Growth

SINGAPORE - Media OutReach - 19 January 2023 - Oasys, a gaming-optimized blockchain for gamers and developers to build on Web3, today announces the launch of its new decentralized governance framework, which will empower project stakeholders to play a leading role in determining the future of the Oasys blockchain and drive growth of the blockchain gaming ecosystem.



The governance framework is an important first step for Oasys to realize its vision of being fully decentralized and autonomous blockchain gaming ecosystems. Decentralization is one of the core tenets of Oasys, and will enable the wider gaming community to participate in the decision-making process to determine the direction and development of the blockchain.

Oasys will implement its governance framework in a series of strategic phases, starting in 1Q 2023 and continuing until 2Q 2024. This phased approach will gradually delegate decision-making authority to Oasys tokenholders in a democratic and transparent manner. The phased approach will also allow Oasys and its partners to address security and centralisation risks, leading to better decisions that will help enhance overall industry standards.

photo-2023-01-18-19-22-51.jpeg

To begin, Oasys will first appoint a “Genesis Council'', an interim decision-making entity comprised of trusted partners from both the traditional and blockchain gaming industries. The Genesis Council will oversee the strategic direction and setting of decentralization standards for Oasys.

Starting in 2023, Oasys will then launch its official decision-making Council, where members will be officially appointed by the community and assigned operational roles, alongside a growing number of tokenholders. This will be an integral, final mechanism to replace the Genesis Council and delegate voting responsibilities to the public.

Oasys enjoys strong institutional support from major gaming developers and publishers, many of whom have become core validators and backers, including SEGA, Square Enix, Bandai Namco, Ubisoft, WeMade, double jump.tokyo and Yield Guild Games. Since its inception, Oasys and its partners have been fully committed to enabling tokenholders to independently participate in making key decisions on its blockchain.

Daiki Moriyama, Director, Oasys, said: “We are unwavering in our belief in the principles of decentralization, and democratizing decision-making for the wider gaming ecosystem. Oasys is at the forefront of setting standards for the future of gaming, and with our new governance framework, we hope to bring about mass adoption of blockchain gaming.”

One of the first decisions to be deliberated by Oasys’ “Genesis Council” will be to establish NFT meta-data standardization, so as to create an optimal medium for future blockchain games and metaverses, further driving the interoperability of NFTs.

Hashtag: #Oasys #Blockchain #Gaming

The issuer is solely responsible for the content of this announcement.

Oasys

Oasys was established in February 2022 to increase mainstream play-and-earn adoption, and at launch, committed to partnering with 21 gaming and Web3 tech companies to act as validators, such as Bandai Namco Research, SEGA, Ubisoft and Yield Guild Games. Led by a team of blockchain experts and joining forces with the biggest gaming company names to serve as the initial validators, Oasys is revolutionizing the gaming industry with its Proof-of-Stake (PoS) based eco-friendly blockchain.

With a focus on creating an ecosystem for gamers and developers to distribute and develop blockchain-based games, Oasys solves the problems game developers face when building games on the blockchain. The trifecta approach of the fastest network powered by the gaming community, a scalable network powered by AAA game developers and the blockchain offering the best user experience with fast transactions and zero gas fees for users, readies participants to enter the Oasys and play.

More information on Oasys is available at:
Website:
Twitter:
Discord:

News from Asia

XCoffee Launches the Region’s First AI-Powered Smart Robotic Beverage

SINGAPORE - Media OutReach Newswire - 10 October 2025 - XCoffee, a Singapore-based beverage technology company, unveiled the latest evolution of its AI-powered smart robotic beverage, reinforcing ...

Jollibee Group Named Among Top Global Restaurant Brands for Sustainability Perception Value

Jollibee Group also ranked #1 in Brand Finance 2025 Sustainability Perceptions Index among all Philippine companies MANILA, PHILIPPINES - Media OutReach Newswire - 9 October 2025 - Jollibee Group...

The G-DRAGON 2025 WORLD TOUR [ÜBERMENSCH] IN HANOI - Day 2 Tickets Now On Sale At 8Wonder Ocean City

HANOI, VIETNAM - Media OutReach Newswire - 10 October 2025 - The Vietnamese music scene is experiencing an unprecedented seismic event: G-DRAGON has assented to fan demands, officially announcing...

XIXILI Unveils Pinktober Campaign in Honour of Breast Cancer Awareness Month

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 11 October 2025 - For XIXILI, support is more than a design principle; it is a mission woven into every seam. In conjunction with Breast Cancer A...

Haikou, China: Where the City Becomes a Stage, and Art Belongs to All

HAIKOU, CHINA - Media OutReach Newswire - 11 October 2025 - From September 28 to October 8, Haikou, the capital of China's Hainan Province, won global attention with its colorful public art activi...

VinFast sets national record, surpasses 100,000 vehicles sold in just three quarters

HANOI, VIETNAM - Media OutReach Newswire - 11 October 2025 - VinFast has officially become the first automobile brand in Vietnam to surpass 100,000 vehicle sales within the first three quarters o...

Linyi international sourcing conference enhances global trade links

LINYI, CHINA - Media OutReach Newswire - 11 October 2025 - The 3rd Linyi Trade City International Sourcing Conference for Belt and Road Cooperation kickstarted a global trade extravaganza on Oct 1...

CGTN:How China is empowering women and advancing 'her power'

BEIJING, CHINA - Media OutReach Newswire - 11 October 2025 - An article published by CGTN highlights China's upcoming Global Leaders' Meeting on Women in Beijing, marking 30 years since the 1995 B...

B.Grimm Power Joins Hands with Sawasdee Seoul Thai Festival 2025

Celebrating Thai Culture and Soft Power on the Global Stage While Highlighting the Success of Korea’s Clean Energy Transformation BANGKOK, THAILAND - Media OutReach Newswire - 9 October 2025 - B.G...

VIVANT Launches Wine App to Enable Wine Lovers with AI-Powered Sommelier Guidance

New app pairs with VIVANT’s award-winning precision wine accessories to enable smart wine ecosystem SINGAPORE - Media OutReach Newswire - 13 October 2025 - VIVANT, a pioneer in wine temperature t...

Qantas to Serve Nan’s Davidson Plum Cookie

Lake Macquarie, NSW (Awabakal Country): From a single mother’s kitchen bench to supermarket shelves, Wiradjuri entrepreneur Terri-Ann “Tezzi” Dani...

Minns Labor Government shutting down the Business Connect program

The NSW Opposition is concerned that the Labor government will shut down a support program that has assisted New South Wales businesses. In a media ...

Samsara Eco appoints Dr. Lars Kissau as General Manager for Asia

Australian biotech innovator Samsara Eco has announced the appointment of Dr Lars Kissau as its first General Manager of Asia. Based in Singapore...

From the first bounce to the final siren - small business lessons from the AFL Grand Final

The AFL Grand Final is one of the most anticipated days on the sporting calendar. This Saturday, the Geelong Cats and Brisbane Lions will battle i...

Australia’s top finance leaders recognised as CFO role expands

Amid surging regulatory demands and rapidly evolving industry, Australia’s most influential Chief Financial Officers will be honoured at the inaug...

Why outdated security leaves small businesses exposed to crime

Small and medium businesses in Australia are under increasing pressure to address security gaps that criminals readily exploit. An unlocked door, an...