Skip to content

Oasys partners with Singularity to enable cross-chain payments within its ecosystem

Oasys partners with Singularity to enable cross-chain payments within its ecosystem

On November 6, 2023, Oasys – a game-optimized blockchain – announced a strategic partnership with Singularity, a cross-chain payment solution, to offer users a seamless payment experience across its ecosystem.

The partnership with Singularity will enable the creation of more and more games by enhancing the Oasys ecosystem’s infrastructure by improving cross-chain asset transfers, non-fungible token (NFT) purchases, as well as other payments, as per the latest information shared with Finbold.

With Singularity’s integrated payment solution, users will no longer have to manually swap or bridge tokens, or repeatedly switch networks to facilitate payments across the Oasys Verses. Instead, they will now be able to make purchases on any Verse using tokens from any Verse – including the Oasys Hub-Layer. 

The partnership is set to improve Oasys’ already-existing Hub-Layer (Layer1) and multiple Verse-Layers (Layer2) infrastructure and help eliminate the traditional barriers to making cross-platform transactions while introducing the integration of fiat payments into the Verse, thus bolstering the ecosystem’s reach and appeal.

Partnership to help developers create games for mass market

 Daiki Moriyama, Oasys Director, noted:

For the gaming community, usability and transaction speed are paramount. Therefore, by integrating Singularity and enabling a user experience that doesn’t concern itself with networks like Hub-Layer or Verse, we believe it will become easier for game developers to develop games for the mass market. This not only simplifies the payment process but also enhances the overall gaming experience.

Singularity CEO Aditya Gupta added:

At Singularity, we have a deep-rooted belief that blockchain games will unlock a new era of utility and innovation for games and gamers around the world. Oasys’s Verse framework resonates perfectly with our worldview that great games will be built on application-specific chains that are flexible and customizable.

Finally, highlighting the practical application of the partnership, 9Lives Arena, a competitive online RPG hosted on HOME Verse on Oasys, has plans to integrate the Singularity’s NFT Checkout solution this year, marking a significant milestone in the gaming community’s blockchain journey.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Services

Disclaimer: The information on this website is for general informational and educational purposes only and does not constitute financial, legal, tax, or investment advice. This site does not make any financial promotions, and all content is strictly informational. By using this site, you agree to our full disclaimer and terms of use. For more information, please read our complete Global Disclaimer.