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Oasys Partners with SK Planet and Continues to Expand into South Korea

Published: September 10, 2024|Last updated: September 10, 2024

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  • Oasys partners with SK Planet to enter the South Korean market and expects to reach millions of users
  • This is an ongoing series of partnerships with South Korean providers, preceded by Kakao Metabora SG and Com2uS

The Asian region continues to actively adapt crypto and blockchain, and Japan is one of the leaders in this, expecting to attract millions of users and work closely with the South Korean market.

Oasys has announced another partnership with South Korean telecom giant SK Telecom, having previously announced a partnership with internet giant Kakao Metabora SG.

Details of the Oasys Partners and SK Planet Partnership

More specifically, Oasys has partnered with SK Planet, a subsidiary of SK Telecom, through which it plans to significantly expand the use of its services in South Korea and unite millions of people in its gaming ecosystem.

This should be made possible through OK Cashbag, a platform from SK Planet with more than 28 million members and 75,000 affiliated stores.

“With SK Planet becoming Oasys’ new validator, users can soon stake OAS tokens directly to the SK Planet node directly from their wallets. The partnership will significantly enhance our protocol-level initiatives to boost blockchain gaming adoption and enable developers to leverage SK Planet’s vast user base through campaigns and promotions via UPTN Station,” said Daiki Moriyama, director of Oasys. 

It's worth noting that this isn't Oasys' first initiative to expand into the South Korean market, and they have previously partnered with the Web3 gaming division of South Korean internet giant Kakao Metabora SG, as well as another Korean game developer Com2uS.

Conclusions

One can observe a very clear trend as Japan obviously having problems from its dependence on the US economy is increasingly adapting crypto and blockchain. This is happening at the state level, the example of the Ripple CEO who recently visited Japan and South Korea to discuss their crypto openness.

It's also happening in the corporate sector, as exemplified by Japanese flagship Sony, making a lot of noise with the launch of Soneum and rapid partnerships to expand their blockchain network capabilities.

It's particularly interesting to see this in the context of recent criticism of the Democrats by the crypto community in the US, where we've recently become used to seeing major developments in the active adoption of crypto.

This makes it clear that the Asian region is worth looking at very closely, stay tuned.

The content provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more

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Alexandros

My name is Alexandros, and I am a staunch advocate of Web3 principles and technologies. I'm happy to contribute to educating people about what's happening in the crypto industry, especially the developments in blockchain technology that make it all possible, and how it affects global politics and regulation.


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