SINGAPORE - Media OutReach - 31 March 2023 - Oasys, a gaming-optimised blockchain, today announces that renowned global video game giant, Nexon, has officially joined as the latest node validator in the blockchain's network.

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Nexon is one of the largest gaming companies in the world and is best known as the publisher behind the MapleStory and Dungeon Fighter gaming franchises. Today, Nexon continues to be a gaming industry leader with more than 80 live games operated across both mobile and PCs in over 190 countries.

Alongside Japanese telecommunications and technology conglomerates KDDI and SoftBank, Nexon becomes the third of four new validators to be unveiled as Oasys validators this year, and will pledge its support towards stabilising and growing the Oasys ecosystem. The extensive institutional backing behind Oasys will enhance its appeal further with more mainstream businesses that are seeking to adopt blockchain technologies, raising the credibility of blockchain technologies as gaming-oriented and safe for the mass adoption of Web3 games.

Sunyoung Hwang, Production Director, MapleStory Universe, said: "As an industry leader that has always been at the forefront of exploring new and sophisticated mediums for gaming, we felt that partnering with the Oasys blockchain, which also puts gaming first, was a logical choice. We look forward to seeing more exciting things from our partner and to collaborating further with all like-minded partners that are aligned in our mission to provide fun and progressive gaming experiences to players."

Daiki Moriyama, Director, Oasys, said: "We are extremely excited to welcome Nexon to the Oasys ecosystem, not least because they have a long track record in creating some of the most beloved games that many players globally will recognise. Nexon, alongside our other validators announced this year, will provide extensive institutional support that will only further our mission to bring blockchain gaming to the masses".

Since its conceptualization over a year ago, Oasys has gone on to make significant breakthroughs on its path towards achieving full decentralisation, with its native OAS token now approved for listing in both South Korea and Japan. Oasys is continuing to progress with further developments that will soon allow more entities to participate with minimal requirements and contribute towards the further diversification of nodes.

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The issuer is solely responsible for the content of this announcement.

About Oasys

Oasys was established in February 2022 to increase mainstream play-and-earn adoption, and at launch, committed to partnering with 21 gaming and Web3 tech companies to act as validators, such as Bandai Namco Research, SEGA, Ubisoft and Yield Guild Games. Led by a team of blockchain experts and joining forces with the biggest gaming company names to serve as the initial validators, Oasys is revolutionising the gaming industry with its Proof-of-Stake (PoS) based blockchain.

With a focus on creating an ecosystem for gamers and developers to distribute and develop blockchain-based games, Oasys solves the problems game developers face when building games on the blockchain. The trifecta approach of the fastest network powered by the gaming community, a scalable network powered by AAA game developers and the blockchain offering the best user experience with fast transactions and zero gas fees for users, readies participants to enter the Oasys and play.

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About Nexon

A pioneer in the world of interactive entertainment software, Nexon introduced some of the biggest innovations in our industry including the world's first graphic massively multiplayer online role-playing game (MMORPG) and the first free-to-play game.

Since then, we've continued to be an industry leader in MMORPG's with more than 80 live games operated across more than 190 countries proving that online games are a progressive, mainstream form of entertainment to be enjoyed by everyone.

By focusing on quality we have developed long-standing IP franchise hits, including MapleStory, Dungeon&Fighter, Sudden Attack, and KartRider. Each of our games is tailored to the unique geography in which they are played, which is why our titles continue to be played by millions of people around the globe.

Nexon is listed on the Tokyo Stock Exchange, and the company was placed on the Nikkei Stock Index 300 in 2011.