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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.

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