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

Oasys, a blockchain-based game development platform, will partner with non-fungible token (NFT) market αU Market and cryptocurrency wallet αU Wallet – a crypto wallet from KDDI, one of Japan’s three largest telecommunications companies – to allow users to trade NFTs the αU market.
See related article: Weekly Market Report: ETF Developments Strengthen Bitcoin Above $26,000
Brief information
- This allows users to buy and sell NFTs on Oasys in the αU market, manage the assets directly in the αU wallet, and transfer and deposit Oasys (OAS) tokens into the wallet.
- The collaboration will also make Oasys-native games and decentralized applications accessible to KDDI’s large user base, potentially leading to a new influx of players to blockchain games on the network.
- The announcement is part of Oasys’ broader Web3 initiative. It follows the launch in early March of the “αU” (Alpha You) metaverse and the Web3 service, which allows any user to become a creator.
- According to CoinMarketCap data, the Oasys token was trading near a three-week low of $0.0465 as of 10 p.m. in Hong Kong on Monday, down over 13% over the past month.
See related article: DeFi revenue remains robust despite the Curve Finance hack