Gaming Giant Ubisoft Mentions Blockchain in Recent Earnings Report
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Gaming Giant Ubisoft Mentions Blockchain in Recent Earnings Report

THELOGICALINDIAN - Ubisoft one of the better gaming companies in the ball apple mentioned blockchain as one of the key credibility of focus for the approaching of the cast The aggregation said it is exploring blockchain as an avant-garde technology to be included in amateur in its latest balance address While blockchains playtoearn trend has accomplished a bang this year the acceptable gaming industry still has yet to embrace blockchain as allotment of a flagship product

Ubisoft to Explore Blockchain for Future Products

Ubisoft, the gaming behemothic accepted for mega-successful franchises like Assassin’s Creed and Far Cry, mentioned blockchain technology as a key aspect for the approaching of the company. In its latest balance report, which corresponds to the aboriginal bisected of the 2021-2022 budgetary year, Ubisoft declared it has been exploring blockchain technology back its beginnings, to see how it can be acclimated to added enhance the acquaintance of gamers in basic worlds. The address states:

If Ubisoft wants to advantage blockchain for an anterior game, it seems it will be in the anatomy of NFT integration, according to what they bidding in addition allotment of the report. The aggregation stressed:

The Current State of Blockchain Gaming

Ubisoft ability be absorbed to accommodate blockchain and NFTs in their articles by the abrupt acceleration in acceptance of play-to-earn amateur like Axie Infinity, which has registered sales for added than $1 billion. However, no boilerplate gaming aggregation has yet chip these accoutrement into one of its franchises. Ubisoft has been one of the companies that has apparent added interest, activity as far as allotment initiatives that accommodate these technologies experimentally.

Ubisoft additionally led the latest allotment annular of Animoca Brands, a gaming aggregation that aloft $65 million, reaching a $2.2 billion valuation. Animoca is bigger accepted as the administrator of The Sandbox, a bold that has accomplished cogent success back it chip blockchain elements and NFTs into its platform.

What do you anticipate about Ubisoft because amalgam blockchain tech for its amateur in the future? Tell us in the comments area below.

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