Ubisoft NFTs to Launch ‘Digits’ for In-Game Items
From now on, Ubisoft will call its NFTs ‘Digits.’
Game giant Ubisoft has announced a gaming system to include NFTs in its in-game items, starting December 9, 2021.
Proliferated Non-fungible tokens (NFTs) are frequently useful in digital art collections. Ubisoft’s “Digits” technology will be available as in-game virtual products with unique serial numbers that anyone can purchase and sell on a decentralized network.
NFTs, according to Critics, are damaging to the environment while delivering fewer advantages than traditional systems. Ubisoft, widely known for the Assassin’s Creed series, Far Cry, and Rainbow Six Siege, is the largest game developer and publisher to start an NFT project to date.
The company claims to have solved the environmental issues that have arisen because of blockchain technology. Its in-game NFTs will be working on the Tezos blockchain, which it claims uses far less energy than other solutions. A native coin, Tezos is a proof-of-stake blockchain network that conducts P2P transactions and SaaS for building smart contracts of NFT.
As for the company’s press release, the usage of NFTs in games remains contentious, with many players and designers earning money rather than restricting players with gaming rewards.
How Will ‘Digits’ Work?
Ubisoft’s first batch of Digits launched with a “limited edition” of some of the permanent in-game digital elements for the Breakpoint game of Ghost Recon.
They can be paid for with cryptocurrencies, but only in a few countries such as the United States, Canada, Spain, France, Germany, Italy, Belgium, Australia, and Brazil. Many games, especially free-to-play games, such as Fortnite or Warzone, earn large sums of money by selling in-game cosmetic items or “skins” that change your appearance, character or item.
Ubisoft applies NFT technology to this game mechanic and calls its overall ecosystem “Quartz”. NFTs are always unique in one way or another, but in-game cosmetics are the same for every player who receives a copy. Ubisoft’s solution was to put a unique serial number on these digital items.
NFTs have come under inspection for their effect on the environment, but Ubisoft developers say the numbers are energy efficient (vital). This is because Ubisoft’s Quartz platform utilizes Tezos, a demanding proof-of-stake (PoS) blockchain with less energy money.
What is Ubisoft Offering in this Update?
Ubisoft will be offering three-million-dollar free “drops” for the first time on December 9, December 12, and December 15. You can get them if you play Ghost Recon Breakpoint on Ubisoft Connect for Windows, have already reached level 5, are at least 18 years old and live in the United States, Canada, Spain, France, Germany, Italy, Belgium, Australia or Brazil.
Other reductions are planned for early 2022, according to Ubisoft. Ubisoft recently signalled its interest in blockchain in its latest results and by investing in Animoca Brands, a blockchain gaming company. The company calls Digits a “large-scale experiment” in “Ubisoft’s 4-year exploration of blockchain technology,” so it could be just the start of the company’s blockchain work.
EA is also hulking on crypto technology and Non-fungible tokens in its latest earnings report, and Epic said it is “open” to Epic Games Store. However, not all game companies are involved; Valve has banned blockchain and NFT games from Steam, with Xbox boss Phil Spencer expressing concern that NFTs are “miners”. And despite the permission of blockchain games, Epic CEO, Tim Sweeney, says that Epic doesn’t use crypto in its own games, so you shouldn’t expect to see NFT Fortnite skins anytime soon.