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Home Crypto News

Oasys Teams Up with DEA for ‘DEP Verse’ and Ecosystem Growth

Rida Sarwar by Rida Sarwar
June 26, 2023 - Updated on August 6, 2023
in Crypto News
Reading Time: 2 mins read
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Key Takeaways:

  1. Oasys and DEA have formed a partnership to enhance the Oasys ecosystem, focusing on creating DEP Verse, a hub for innovation in gaming.
  2. DEP Verse will utilize Oasys’ Layer2 blockchain technology to develop content centered around solving social issues through gaming.
  3. PlayMining, DEA’s GameFi platform, has seen massive success with 2.7 million users and now aims to redefine gaming with a focus on Web3 and social impact.

Oasys has proudly unveiled its partnership with Digital Entertainment Asset (DEA), the brains behind PlayMining. The partnership seeks to bolster the Oasys ecosystem by incorporating synergistic brands.

The cornerstone of this partnership is the construction of an innovative hub named “DEP Verse” (provisional title). DEP Verse is envisioned as a breeding ground for ingenuity and creativity, where Oasys will collaborate with DEA to produce content focusing on “addressing societal challenges through gaming” via Oasys’ Layer2 blockchain technology. Further insights will be unveiled at the “Oasys Special Event” on June 28th at Nijo Castle, Kyoto.

Since its launch on May 26th, 2020, DEA’s GameFi platform, PlayMining, has amassed a staggering 2.7 million users from over 100 countries as of May 2023. DEA has previously seeded investments in Oasys during its nascent stages, and this partnership symbolizes an evolution in their professional alliance and sketches the roadmap for future mutual advancements.

DEP Verse, a distinct entity within the Oasys Chain, stands at the epicenter of this collaboration. Oasys and DEA will pool their resources to roll out a plethora of projects, leveraging DEA’s prowess to augment the Oasys ecosystem.

Kozo Yamada, Co-CEO of DEA, expressed that the foundation of this alliance was laid by Representative Matsubara’s fervent proclamation that “Japan will be at the vanguard in GameFi and blockchain-centric gaming.”

PlayMining aspires to revolutionize the gaming paradigm using Web3, with a conviction that gaming is a formidable catalyst for personal enrichment and global betterment. DEA has chosen Oasys Chain to champion “Web3 Entertainment ESG (SDGs)” and beckons community support and involvement.

Oasys Director Daiki Moriyama voiced his enthusiasm for the partnership, labeling DEP Verse as a game-changer with the potential to unfurl new dimensions in gaming. He eagerly awaits DEA’s contributions to the Verse and is thrilled to be part of the burgeoning blockchain gaming revolution taking root in Japan.

Tags: Crypto Market News
Rida Sarwar

Rida Sarwar

Rida Sarwar, a seasoned journalist with a knack for the new-age financial landscape. With 5+ years under her belt, Rida has an extensive background in Crypto, Fintech, and Blockchain journalism. Her analytical skills, coupled with her passion for decrypting complex tech phenomena, make her a reliable source for insightful, well-researched narratives. Guiding the uninitiated through the maze of the digital finance world, one article at a time. 📚💻🌐🚀

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