Ubisoft has shared a couple of footnotes on its plans of growing play-to-earn blockchain video games. The corporate, throughout a Q2 earnings name, picked up as regards to blockchain video games a number of occasions, additionally mentioning it in its earnings report. It’s value noting that Ubisoft is a founding member of the Blockchain Sport Alliance and has been a key investor in blockchain-focussed developer Animoca Manufacturers. The corporate has additionally been dabbling with blockchain tech since 2018 by contributions in its Strategic Innovation Lab that offers with new know-how resembling synthetic intelligence (AI), crypto, and blockchain.
Though not loads has been detailed simply but, Ubisoft is obvious on growing video games that help a type of monetization known as pay-to-win — an idea by which sport builders reward gamers in cryptocurrency, in change for taking part in a sport. Ubisoft CEO Yves Guillemot elaborated on this through the firm’s most up-to-date earnings name.
The manager, who believes blockchain is “very enticing for the long run,” acknowledged that the corporate is thinking about growing digital economies. “As you see, this business is altering often with a number of new revolutions taking place. We contemplate blockchain a type of revolutions. It can suggest extra play-to-earn that may allow extra gamers to truly earn content material, personal content material, and we expect it may develop the business rather a lot,” Guillemot acknowledged through the earnings name.
“So, we have now been working with a number of small firms happening the blockchain, and we’re beginning to have a superb know-how on how we will affect the business. We wish to be one of many key gamers there.” the CEO added.
As for the entry of blockchain know-how and NFTs into the gaming house, there a serious disruption within the offing though the business has factions towards it too. The prominence of video games like Axie Infinity proves how large the market is for giant names like Ubisoft and Epic Video games to get into. In the meantime, the likes of Valve has already determined to take away blockchain and NFTs on Steam.
All stated and executed, it is nonetheless too early to imagine what Ubisoft’s contributions to crypto video games can be. Whether or not it plans on rolling NFTs into the rewards construction of its open-world franchises or creating fully new blockchain video games, we should look ahead to extra headwinds.
