THELOGICALINDIAN - The close says nonfungible tokens are a above change that will booty time
Ubisoft will abide to accompany non-fungible tokens (NFTs) admitting blowback, according to contempo statements fabricated to Decrypt.
Ubisoft Will Stay True to Principles
Despite acute backlash, Ubisoft has no ambition of abandoning its NFT plans.
Ubisoft launched its NFT platform, Ubisoft Quartz, earlier this month and began to action tokens for its Ghost Recon franchise. Now Didier Genevois, Ubisoft’s Blockchain Technical Director, says the aggregation still affairs to assignment with NFTs admitting backlash.
Genevois said that the close has listened to “both the advance and the concerns” of those who beatific feedback. He additionally alleged the acceptance of NFTs “a above change that will booty time.”
He added that the aggregation will “stay accurate to…three principles”—namely, the amenable use of technology, the charge to a safe ambiance for users, and the absolute use of energy-efficient blockchains.
Not alone will Ubisoft abide with its plans, the aggregation will additionally accomplice with the blockchain startup Aleph.im to accommodate decentralized accumulator for NFTs on the Ubisoft Quartz platform. That affiliation was appear in a press release on Dec. 21.
Ubisoft Faces Low NFT Sales, Backlash
Ubisoft’s Quartz advertisement saw massive backlash, as a bivouac for the belvedere accustomed 95% dislikes afterwards it was acquaint on YouTube on Dec. 8.
The activity amount of crypto mining seems to be the acumen for the criticism, with the French barter abutment Solidaires Informatique calling the plan “a useless, costly, ecologically awkward technology.”
That complaint overlooks the actuality that Ubisoft has called to use Tezos, an energy-efficient blockchain that does not await on mining at all. In fact, Tezos Foundation assembly affirmation that the chain’s aftermost 50 actor affairs acclimated “less activity than aloof 17 people.”
Nevertheless, Ubisoft’s NFT affairs arise to be underwhelming. On Sunday, Liz Edwards, a affiliate of EA’s Apex Legends team, accent the actuality that Ubisoft’s NFTs accept awash aloof 15 non-fungible tokens to date, amounting to a bald $400 in transaction volume.
Ubisoft is additionally adverse employee resignations due to different affidavit such as low pay and misconduct—though some brainstorm that the PR issues about NFTs accept played a part.
Disclosure: At the time of writing, the columnist of this allotment endemic BTC, ETH, and added cryptocurrencies.
