South Korean Game Publisher Com2uS Partners with Oasys for Expansion into Japanese Market
Com2uS collaborates with blockchain project Oasys to enhance its web3 gaming infrastructure and establish a new layer 2 network in compliance with local regulations in Japan.
South Korean game publisher Com2uS has announced a strategic partnership with the Oasys blockchain project, aiming to bolster its web3 gaming infrastructure and expand into the lucrative Japanese market. Oasys, known for its collaborations with industry giants such as SoftBank, Sega, and Ubisoft, will provide technical support to Com2uS and its blockchain subsidiary XPLA in establishing a new layer 2 network in Japan. This partnership marks a significant move for Com2uS as it plans to launch two web3 games in Japan, leveraging globally recognized intellectual properties (IPs), within the first half of 2024.
Oasys’ Game-Centric Blockchain Network
Oasys is a game-centric blockchain network that has gained recognition for its work with prominent players in the gaming industry. The project’s collaboration with Com2uS will enable the South Korean game developer to tap into Oasys’ expertise and technical capabilities. Oasys’ core team will provide support to Com2uS and XPLA in establishing a new layer 2 network, ensuring compliance with local regulations in Japan.
Expanding into the Japanese Market
The collaboration with Oasys will allow Com2uS to make a significant foray into the Japanese market, which is the world’s third-largest gaming market. By leveraging Oasys’ blockchain technology and the technical support provided, Com2uS aims to enhance its web3 gaming infrastructure, enabling a seamless entry into Japan. The company plans to launch two web3 games in Japan within the first half of 2024, leveraging globally recognized IPs to attract a wide audience.
Onboarding Staple Game Franchises
In addition to the expansion into the Japanese market, Com2uS intends to onboard its staple game franchises onto the Oasys network. This includes popular titles such as ‘Summoners War: Chronicle’ and ‘The Walking Dead: All Stars.’ By integrating these games into the Oasys blockchain network, Com2uS aims to leverage the benefits of blockchain technology, such as enhanced security, ownership rights, and in-game economies.
Market Capitalization and Growth Potential
Com2uS, founded in 1998, currently boasts a market capitalization of over 605 billion Korean won ($454 million) as of Monday in Asia. The partnership with Oasys and the expansion into the Japanese market present significant growth opportunities for the game publisher. With the increasing popularity of blockchain technology and the growing demand for web3 gaming experiences, Com2uS is well-positioned to capitalize on this trend and solidify its position as a leader in the gaming industry.
Conclusion:
The collaboration between Com2uS and Oasys marks an important milestone for the South Korean game publisher as it seeks to expand its presence in the Japanese gaming market. By leveraging Oasys’ game-centric blockchain network and technical support, Com2uS aims to enhance its web3 gaming infrastructure and launch two web3 games in Japan within the next few years. The partnership also paves the way for Com2uS to integrate its staple game franchises into the Oasys network, further leveraging the benefits of blockchain technology. With its strong market capitalization and the potential for growth in the blockchain gaming sector, Com2uS is well-positioned to establish itself as a key player in the evolving landscape of the gaming industry.