Game titan Ubisoft to bring NFTs to in-game items this week By BTC Peers
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Ubisoft will add NFTs this week to its in-game games.The non-fungible tokens NFTs have gained a lot of popularity. They are now widely used to collect digital art. NFTs can, however are criticised by some as being harmful for the environment. They offer no benefit to traditional systems.
Ubisoft – famous for games such as The Assassin’s Creed, Far Cry, and Rainbow Six series – is the most significant game developer and publisher to launch an NFT project. NFT’s use in gaming is still controversial. Because NFT’s sole purpose is to make money, rather than provide benefits for players, this has been controversial.
Is it possible?
Ubisoft is launching its “limited editions” first batch of digits for Tom Clancy’s Ghost Recon breakpoint. The event takes place on Thursday. The users will be able to pay using cryptocurrency, however, this is only possible in launch countries such as Canada, Brazil and the US.
Similar news: Ubisoft creates Quartz, an energy-efficient NFT platform
There are many games where you can make money by selling cosmetics or skins that alter the appearance of your characters. Since 2004, the company has explored blockchain technology. However, certain problems exist. Ubisoft states that the Tezos Blockchain is used by Ubisoft because it takes “exceedingly lesser energy” than other crypto-currencies and mining systems.
The traditional crypto-systems used “proof of Work,” which requires powerful computers to perform intense calculations to validate transactions. Tezos utilizes “proof-of-stake,” a completely different method. However, including NFTs into games is a controversial idea. Steam banned NFT or blockchain games from listing on their store. This led to the removal of NFT-based NFT games from Steam’s store.
This topic was popularized by a game designer via Twitter (NYSE.) and has been retweeted many times. Ubisoft however stated that its NFT system was a step in the right direction of “developing an actual metaverse.”
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