Metaverse News

Ubisoft Becomes First Major Gaming Company To Launch In-Game NFTs

Ubisoft has announced that it will begin implementing NFTs within Tom Clancy’s Ghost Recon Breakpoint, in a new initiative that runs on Tezos. Ubisoft recently revealed Ubisoft Quartz, a platform that lets players earn and purchase in-game items that are tokenized as NFTs on the Tezos blockchain, on December 9th. Ghost Recon players who have reached XP level 5 can now access NFT drops. Ubisoft’s release said that players must be at least 18-years-old to create a Tezos wallet for use with the game. 

“Ubisoft Quartz is the first building block in our ambitious vision for developing a true metaverse,” said Nicolas Pouard, VP of Ubisoft’s Strategic Innovation Lab. “And it can’t come to life without overcoming blockchain’s early-form limitations for gaming, including scalability and energy consumption.”

Much of Ubisoft’s announcement highlights the difference in environmental impact between the proof-of-stake Tezos blockchain and the energy-intensive Bitcoin. Tezos claims that a single transaction on its network uses “more than 2 million times less energy” than Bitcoin, the leading cryptocurrency. It also suggests that a single Tezos transaction uses about as much energy as a 30-second streaming video, whereas a Bitcoin transaction is estimated to measure up to the environmental impact of a full, uninterrupted year of streaming video footage.

Ubisoft first began exploring the crypto and NFT space years back, developing a Minecraft-like game prototype called HashCraft. Since then, Ubisoft has worked with numerous crypto startups through its Entrepreneurs Lab accelerator program, supporting projects like Axie InfinityNine Chronicles, and NBA Top Shot.

(All information was provided by Decrypt)

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