Coinspeaker
Oasys Partners with Edia Corporation to Revolutionize Retro Gaming
Publicly traded company Edia Corporation (TYO:3935) has entered a strategic partnership with gaming blockchain Oasys. The news of the collaboration was announced by Oasys blockchain on Tuesday. By legacy, Edia Corporation is a holder of 139 retro game IPs including Gaiares, a horizontal-scrolling shooting title that was originally released in 1990.
Besides this, there are other classic 80s games released in Japan, Europe, and North America.
Transforming Retro Games to Blockchain Games
As part of the perks of their exclusive partnership, Oasys gets to bring a new user base onboard to Edia and generally to Web 3.0 gaming. To achieve this, the gaming network will become the exclusive distributor for all 139 retro game IP titles that Edia owns in the Web 3.0 and global markets. Consequently, games like Gaiares, first issued as a cartridge game on Genesis, can be recreated on the blockchain.
This recreation of a blockchain version will cut across all 139 retro games. Notably, this is just a part of the many strategies that Oasys employs to support Web 3.0 adoption. Together, Edia and Oasys will take care of public relations and marketing activities leveraging their retro gaming IPs and blockchain technology respectively.
Ultimately, this move will promote awareness of the available opportunities in the Web 3.0 ecosystem. The focus is particularly on showcasing those opportunities that come from the combination of classic characters and titles with blockchain technology.
This partnership will mark the beginning of a new era for several retro games from the 80s and 90s. They will come in contact with a whole new generation of gamers.
Oasys Meets Demand in the Blockchain Gaming Sector
Generally, the blockchain gaming sector has demonstrated that it has prospects. In 2023, analysts at Fortune Business Insights conducted research into the blockchain gaming industry.
A look through historical data showed that the GameFi market reached $128.62 billion in 2022. By 2023, it had grown to $154.46 billion . There are now projections it might reach a new all-time high of $614.91 billion in 2030. This is if it maintains its growth trajectory. With the many innovations coming to light and mainstream support, this forecast is considered by some as conservative.
While there is a rise in the demand for blockchain gaming in Japan and other Asian countries, it is worth noting that Oasys has been an integral part of meeting this need.
Two months ago, Oasys announced a significant enhancement in its integration with SBINFT Market. The new partnership births a leading Non-fungible token (NFT) marketplace run by SBINFT Corporation under Tokyo-based financial services giant SBI Group.
As a result of the deal, the SBINFT Market now supports Oasys’ Hub-Layer (L1) and MCH Verse (L2). With these, it has expanded beyond its initial integration with Oasys’ HOME Verse.
This was after an initial partnership with Pacific Meta to support gaming projects.
Oasys Partners with Edia Corporation to Revolutionize Retro Gaming
