Gaming giant Ubisoft mentions Blockchain in the most recent result report-
Gaming giant Ubisoft mentions Blockchain in the most recent result report-
Ubisoft, one of the largest gaming companies in the entertainment world, cited blockchain as one of the most important priorities for the future of the brand. The company announced that it is investigating blockchain as an innovative technology that is to be included in games in its latest result report. While the Play-to-Eearn trend from Blockchain has experienced a boom this year, the traditional Blockchain game industry still has to assume as part of a flagship product.
Ubisoft researches blockchain for future products
ubisoft, the gaming giant, which is known for mega-successful franchises like Assassin’s Creed and Far Cry, mentions Blockchain technology as a key element for the future of the company. In his latest result report, which corresponds to the first half of the 2021-2022 financial year, Ubisoft announced that blockchain technology has been researching it since its beginnings to see how it can be used to further improve the experience of players in virtual worlds. The report says:
ubisoft has researched blockchain since the early development of technology and supports
and learn from the ecosystem through initiatives such as the start-up program Entrepreneurs Lab and the
Blockchain Game Alliance as a founding member.
If Ubisoft wants to use blockchain for an introductory game, this seems to be done in the form of an NFT integration, as was expressed in another part of the report. The company emphasized:
This far -reaching exploration ties in constant search for innovation and new ways to strengthen players as real representatives of his worlds.
The current status of blockchain gaming
ubisoft could be tempted to include blockchain and NFTs in its products, because the popularity of games that play to earn, like axie infinity, that has a turnover of more than 1 billion US dollar. However, no mainstream gaming company has yet integrated these tools into one of its franchise. Ubisoft was one of the companies that showed more interest and even sponsored initiatives who experimentally integrate these technologies.
ubisoft also led the last round of financing from Animoca Brands, a game company that collected $ 65 million. achieve an evaluation of 2.2 billion US dollar. Animoca is better known as the manager of The Sandbox, a game that has been very successful since the integration of blockchain elements and NFTs.
What do you think that Ubisoft will integrate blockchain technology for its games in the future? Tell us in the comment area below.
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