Company

Oasis

绿洲

Oasis is a metaverse social platform founded in 2018 by CEO Yin Sang (尹桑), who dropped out of university at age 20 to start the company . The platform centers on virtual activities—watching movies, livestreaming, singing, playing cards and board games, even working or attending classes—designed to let users replicate real-world social life in a virtual environment . By early 2022, Oasis had reached over 1 million daily active users with more than 2 million new users added monthly, and had topped social app charts in Brazil, the US, and the Philippines .

The company raised a Series B round in March 2022 led by 5Y Capital, Oasis Capital, and BAI Capital, with earlier backing from the same investors plus ZhiChun Capital, Xianfeng K2VC, and QingHan Fund . Oasis Capital, which led the round and shares the company's name, is a separate Chinese VC firm focused on early- to growth-stage investments in healthcare and enterprise services; partner Zhang Jinjian (张津剑) cited Yin Sang's early dedication—spending 18 months localizing a WWII strategy game—as evidence of the "vitality" Oasis Capital looks for in founders .

Oasis differentiated itself from competitors like Rec Room by emphasizing decentralized governance and user-driven economic systems rather than a simple creator-to-consumer content model . The company was also developing a VR version in parallel . Note: elsewhere's corpus on Oasis as a product is concentrated in 2022; for its current state or subsequent developments, the above reflects that period's reporting.

AI-generated — may contain errors, please verify.

OasisCompany
绿洲
渲染中…
Mentioned in 56 articles

Coverage