Oasys

Halal Rating :
Comfortable
Last Price $0.031 Last updated:
Rank 439
1D Change -1.58 %
Market Cap $110.58m
Circulating supply 3,586,621,714
Maximum supply 10,000,000,000

Crypto Overview

Categories
  • Platform
  • Collectibles & NFTs
  • Gaming
  • Token
  • Layer 1

Purpose and Utility

Oasys is a gaming-focused blockchain platform designed to provide high-speed, zero gas fee transactions specifically for gaming applications. The project aims to serve as an eco-friendly blockchain infrastructure for game developers and players.

Business Model

The platform operates on a dual-token system with OAS serving as the primary utility and governance token. It enables validators to participate in network security, allows token holders to participate in governance decisions, and facilitates transactions within the gaming ecosystem.

Real-World Adoption

Oasys has established partnerships with major gaming companies including SEGA, Square Enix, and Bandai Namco. The platform hosts several blockchain games and continues to expand its ecosystem through partnerships with game developers.

Development Activity

The project maintains active development with regular updates to its infrastructure. The team consistently releases technical improvements and has implemented multiple layers (Hub-Layer and Verse-Layer) to optimize gaming performance.

Token Distribution and Governance

The token distribution includes allocations for ecosystem development, validators, and community initiatives. There are vesting schedules in place for team tokens and early backers, showing commitment to long-term development.

Technology and Revenue Model

The platform generates revenue through standard blockchain operations and ecosystem participation rather than interest-bearing mechanisms. The focus is on gaming infrastructure development and transaction facilitation.

Crypto Impact

To assign a comfort level investing in Oasys from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Oasys.

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