The two projects look to explore the Japanese GameFi market together.
Mutually Beneficial GameFi Agreement
PlayToEarn NFT and GameFi incubator project, Yooshi, entered into a partnership with the Only Value Observation (OVO), an NFT issuance and trading platform.
The goal of the partnership between Yooshi, a project on Binance Smart Chain, and OVO, a Japanese NFT platform, is to explore the Japanese market with Yooshi’s new games, DNAxCAT and StarMon. The official Twitter account of Yooshi announced the partnership to its followers on December 23.
“#YOOSHI is glad to enter a partnership with @ovo__official to explore Japanese #GameFi market! #OVO is well-known in Japan as a platform for providing sub-cultural IP incubation and #NFT products in #Metaverse and GameFi industry,” Yooshi tweeted.
OVO’s expertise looks to provide NFTs that Yooshi will use for their GameFi platforms targeting a specific audience. The partnership allows Yooshi to enter the Japanese market by providing application scenes for OVO’s auction and NFT merging capabilities. Both companies look to distribute NFTs to their respective communities, co-create metaverse avatars, and build a joint marketplace.
Read more about the partnership through OVO’s Medium post from December 23.
What is Yooshi
Yooshi can be categorized into three main functions. First, it is a GameFi launchpad committed to providing high-quality P2E games for global game users. Next, it is an independent game incubator that provides game developers system and technical support to finish blockchain game development easily. Lastly, it is also a PlayToEarn yield guild helping members of the lower income communities earn through GameFi.
Learn more about Yooshi through these links:
What is OVO
OVO is an NFT issuance and trading platform that has 3D and AR visualization features. They handle digital copyright issuance, distribution, and trading of NFT products, mystery boxes, auctions, artist galleries, and much more. OVO also has a Dual Copyright Inspection Mechanism that has become an authentication standard in the NFT industry. Its partnership with Yooshi looks to issue the first AR holographic NFT that can be transported across metaverses.
Visit OVO’s website to learn more.
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