Ubisoft reveals its plans to develop blockchain games and NFTs

With some loot boxes that are no longer profitable by their legislation, Ubisoft is looking for new sources of income, and these go through integrate blockchain technology into your future games. To this will also be added techniques of “play-to-earn“that allow players to earn cryptocurrencies for playing Ubisoft games.

“As you can see, this industry is changing regularly, with a lot of new revolutions. We consider blockchain to be one of those revolutions. It will mean an increase in play-to-earn that will allow more players to earn content, own content, and we think it’s going to grow the industry a lot, “said Ubisoft CEO Yves Guillemot during a recent earnings call.

“So we have been working with many small businesses entering the blockchain world, and we are starting to have a good understanding of how we can impact the industry. We want to be one of the key players,” added the CEO.

Ubisoft has been studying the blockchain for years. To be exact, their Strategic Innovation Lab has been investigating their use since 2018. Blockchains and NFTs are partly responsible for the ongoing damage to the planet due to the millions of tons of carbon dioxide emissions generated by mining and usage. of cryptocurrencies.

As a result, some major industry players have criticized its emerging use in various industries, including Steam, which will not allow developers to post “applications built on blockchain technology that issue or allow the exchange of cryptocurrencies or NFTs“

On the other hand, we have Epic Games and its digital store, which has no problem working with developers that use blockchain technologies, despite the fact that Epic Games CEO Tim Sweeney declared that the company was not going to “touch the NFTs as the entire field is currently entangled with an interactive mix of scams, interesting decentralized tech foundations and scams“, so it will follow in the footsteps of Ubisoft.

via: ibtimes