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# Japan-based gaming blockchain builder Oasys secures $20 million in funding
- URL: https://www.techloy.com/japan-based-gaming-blockchain-builder-oasys-secures-20-million-in-funding/
- Published: 2022-07-07T17:18:13.000Z
- Updated: 2022-12-08T01:18:57.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Blockchain, Gaming, Japan

[Oasys,](https://www.oasys.games/) a Japan and Singapore-based startup building gaming blockchain, has secured $20 million in a new funding round led by Republic Capital.

- The funding was raised from a private token sale (an initial offering of a token to a pool of private investors before going on the market officially).
- The fund will be invested in strengthening partnerships with gaming developers, and improving its marketing, hiring, and business development, the web3-focused startup claims.
- Founded earlier this year, the startup aims to decentralize the governance power in blockchain games, focusing on decentralized autonomous organization (DAO) for gaming developers and community.
- Jump Crypto, Crypto.com, Huobi, Kucoin, Gate.io, Bitbank, and Mirana Ventures participated in the round.