Nexon Officially Joins Oasys as the Latest Node Validator in Blockchain Network
The well-known global video game firm Nexon has officially joined as the blockchain’s latest node validator, according to Oasys, a blockchain designed specifically for the gaming industry.
In a blockchain network, validators are responsible for examining transactions and ensuring the data’s validity and accuracy. They are essential to preserving the network’s authenticity and safety. In some blockchain networks, validators solve difficult mathematical puzzles using their computational power known as mining. It means Nexon has taken the charge of maintaining the security and accuracy of the Oasys Blockchain network. It is considered a positive development for the network as it brings a respected and seasoned player to its ecosystem.
One of the biggest gaming businesses in the world, Nexon is well known for being the publisher of the Dungeon Fighter and MapleStory game series. Nexon is a prominent leader in the gaming industry with more than 80 live games available on both Desktops and mobile devices in more than 190 nations.
Nexon becomes the third of four new validators to be announced as Oasys validators this year. Nexon joins Japanese telecommunications and technology giants KDDI and SoftBank in pledging their support for strengthening and expanding the Oasys ecosystem. Oasys’ appeal will be further boosted by the substantial support it enjoys from more established companies looking to use blockchain technology. This will increase the legitimacy of blockchain technology as gaming-oriented and secure for the widespread adoption of Web3 games.
Sunyoung Hwang, Production Director of MapleStory Universe, said:
“As an industry leader that has always been at the forefront of exploring new and sophisticated mediums for gaming, we felt that partnering with the Oasys blockchain, which also puts gaming first, was a logical choice. We look forward to seeing more exciting things from our partner and to collaborating further with all like-minded partners that are aligned with our mission to provide fun and progressive gaming experiences to players.”
Daiki Moriyama, Director of Oasys expressed his thoughts:
“We are extremely excited to welcome Nexon to the Oasys ecosystem, not least because they have a long track record in creating some of the most beloved games that many players globally will recognize. Nexon, alongside our other validators, announced this year, will provide extensive institutional support that will only further our mission to bring blockchain gaming to the masses”.
Since its inauguration more than a year ago, Oasys has taken huge steps towards decentralization, with its native OAS coin being approved for listing in both South Korea and Japan. Oasys is moving forward with new advancements that will soon allow additional companies to join with minimum criteria and assist with node diversification.
About Oasys
When Oasys was founded in February 2022, it pledged to work with 21 gaming and Web3 tech businesses to serve as validators. These companies include Bandai Namco Research, SEGA, Ubisoft, and Yield Guild Games. Oasys Blockchain platform is a decentralized platform that offers secure and effective solutions for diverse situations. It tries to overcome some of the drawbacks and difficulties associated with conventional centralized systems, including interoperability, scalability, and concerns over data privacy and security. Oasys Blockchain’s Proof of Identity (PoID) consensus technique is one of its distinctive features. PoID is a consensus system that combines aspects of Proof of Work (PoW) and Proof of Stake (PoS) to make it more operative and secure. It also has a reputation-based system that rewards moral conduct and deters harmful behavior.
Oasys solves the challenges that game developers encounter when developing blockchain-based games by focusing on providing an environment for players and developers to share and create blockchain-based games. The trifecta strategy of the quickest network driven by the gaming community, a scalable network powered by AAA game developers, and the blockchain give the greatest user experience with fast transactions and free gas fees for users to join the Oasys and just play their favorite game.
About Nexon
Nexon, a pioneer in the area of interactive entertainment software introduced the first free-to-play game and the first visual massively multiplayer online role-playing game (MMORPG). Since then, Nexon has maintained its position as a market leader in MMORPGs, operating more than 80 active games in more than 190 nations, indicating that online games are a modern form of entertainment that anybody can enjoy.
Nexon has created long-lasting IP brand hits such as MapleStory, Dungeon&Fighter, Sudden Attack, and KartRider by emphasizing quality. Each of the games is suited to the specific area in which it is played, which is why its games are still enjoyed by millions of people worldwide. Nexon is traded on the Tokyo Stock Exchange and was added to the Nikkei Stock Index 300 in 2011.
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