SEOUL – Com2uS, a game development and publishing company in South Korea, has become an initial investor in Ola GG, a regionally focused partner of Yield Guild Games (YGG), a gaming guild that has raised $8 million to acquire revenue-generating, non-fungible tokens and to create Spanish language educational content.
Ola GG has raised $8 million from Com2uS and other investors to acquire revenue-generating, non-fungible tokens and Spanish-language educational content creation. Proceeds will also be used to expand the rollout of play-to-earn (P2E) games in the US, Latin America and Spain. Ola GG has 3,000 grantees in its joint rewards program.
Latin America is an area with outstanding growth potential in the global Web 3.0 terrain and plays an important role in expanding a C2X platform, Com2uS said in an April statement. 29. The South Korean company is trying to secure a global position in Web 3.0, which is a new iteration of the blockchain-based World Wide Web that incorporates concepts such as decentralization and token-based economy.
Technologists have described Web 3.0 as a possible solution to concerns about Web over-centralization at some large technology companies. Web 3.0 could improve data security, scalability, and privacy beyond what is currently possible with Web 2.0 platforms, which focus on user-created content uploaded to social media and network services, blogs, and wikis, among others.
C2X is a blockchain gaming platform that strives to create ultimate Non-Fungible Fund (NFT) gaming experiences. Com2uS aims to lead Web 3 games and upgrade its C2X blockchain platform, which allows users to enjoy various Web 3 games and participate in decisions needed for ecosystem circulation through voting .
The investment in Ola GG comes a day after Com2uS made an unspecified investment in double jump.tokyo, a blockchain game developer and NFT solution provider for large enterprises in the gaming and entertainment sectors. double jump.tokyo is a member of Oasys, a gaming blockchain designed to build a decentralized metaverse by connecting different play-to-earn games within its ecosystem.
Com2uS Holdings and its subsidiary Com2uS joined Oasys in March. The Oasys blockchain aims to drive innovation in the blockchain gaming industry due to its Proof-of-Stake (POS) consensus mechanism. The Oasys team is focused on solving the problems game developers face when building blockchain games on Ethereum. Officially launched on February 7th, Oasys has initially partnered with 21 gaming and web 3.0 technology companies to act as auditors capable of securing and verifying the transactions of various play-to-earn games and content creators.
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