TOKYO, JAPAN - Media OutReach - 28 June 2023 - KLab Inc. (Head office: Minato-ku, Tokyo, President & CEO: Hidekatsu Morita, hereinafter referred to as "KLab")'s blockchain-related subsidiary, BLOCKSMITH&Co(Head office: Minato-ku, Tokyo; CEO: Tetsuya Sanada; hereinafter "BLOCKSMITH") announced the development of their proprietary Layer2 blockchain called "BLQS Verse" and the adoption of user-contributed short vertical video quiz application "QAQA" as the inaugural project on the Verse.

BLOCKSMITH, the blockchain subsidiary of KLab, will build their unique Layer2 blockchain called "BLQS Verse" and launch the user-contributed short vertical video quiz application "QAQA" on the Verse. More details will be announced at the "Oasys Special Event" scheduled on June 28^th in Kyoto alongside IVS Crypto 2023.

BLOCKSMITH was established in March 2022 as a subsidiary responsible for KLab's Web3-related business and has been actively expanding its Web3 reach. In March of this year, they announced the user-contributed short vertical video quiz application "QAQA" as an entry point to Web3 and established the "BLOCKSMITH AI Lab" intending to create new revenue opportunities by combining Web3 technology and generative AI.

Now, the high-speed and fee-free transaction experience provided by Oasys has been officially adopted, and BLOCKSMITH will proceed with the development of their proprietary Oasys Layer2 blockchain called "BLQS Verse". Additionally, the deployment of the user-contributed short vertical video quiz application"QAQA" on the Verse has been decided.

Oasys will continue collaborating with various game operators domestically and internationally to achieve widespread adoption of blockchain games by providing a comfortable user experience.

About the user-contributed short vertical video quiz application "QAQA"

"QAQA" is a user-contributed short vertical video quiz application where users can ask quizzes, accumulate "Chips" by continuously answering correctly, and exchange the accumulated "Chips" for the cryptocurrency "BLQS". An alpha version is available for users to experience certain features such as quiz questions and answers. Various event functions to enhance the quiz experience, as well as the addition of NFTs, the cryptocurrency "BLQS," and a proprietary wallet, are planned to be gradually introduced.

Service Website: https://www.qaqa.io/
Alpha Version Application Form: https://www.qaqa.io/testerform
Twitter (EN): https://twitter.com/qaqa_en
Twitter (JP): https://twitter.com/qaqa_jp
TikTok: https://www.tiktok.com/@qaqa_channel
Instagram: https://www.instagram.com/qaqa_channel/
Discord: discord.gg/GgJvcHE3cf

Hashtag: #Oasys #blockchain #gaming #japan

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

About Oasys

Oasys is a blockchain-based game development platform that offers a highly scalable Layer 1 hub and specialized Layer 2 using Ethereum's Layer 2 scaling solution. The ecosystem provides game developers with a secure and scalable blockchain infrastructure for creating more efficient, secure, and interoperable games. Among Oasys’ validators are leaders in gaming and Web3, such as SEGA, Ubisoft, and Yield Guild Games, who act as initial validators in our Proof-of-Stake (PoS) based blockchain. Oasys' expert blockchain team, combined with the biggest names in gaming, is revolutionizing the gaming industry.

Oasys solves the challenges that game developers face when building blockchain-based games by focusing on creating an ecosystem for gamers and developers to distribute and develop games. The company's trifecta approach includes a fast network powered by the gaming community, a scalable network powered by AAA game developers, and a blockchain that provides the best user experience with fast transactions and zero gas fees. This approach prepares participants to enter the Oasys and play.

More information on Oasys is available at:

Website: https://www.oasys.games
Twitter: https://twitter.com/oasys_games
Discord: http://discord.gg/oasysgames

About BLOCKSMITH&CO

Company Name: BLOCKSMITH&Co.
President and CEO: Tetsuya Sanada
Establishment: April 1, 2022
Capital: 14,999,950 JPY
Head office: Roppongi Hills Mori Tower, 6-10-1 Roppongi, Minato-ku, Tokyo, 106-6122
Business: Development and distribution of products such as blockchain technology and crypto assets utilising NFTs
URL：https://www.blocksmithand.co.jp/en/

【SNS】

Linkedin：https://www.linkedin.com/company/blocksmithandco-en/
Twitter：https://twitter.com/BLOCKSMITH_EN