Video game publisher Ubisoft is again backing blockchain companies. This time it is the Korean game publisher WeMade. Ubisoft has officially become one of Wemix, WeMade’s blockchain platform, validator nodes for its “Wemix 3.0” network. Similar to other blockchains, it also requires nodes to validate transactions. It employs a proof-of-stake-authority (PoSA) mechanism for this.
Ubisoft Isn’t Ending Its Blockchain Pursuit Anytime Soon
Wemix wrote on an X (formerly Twitter) post that “Ubisoft, the creator of iconic games like Assassin’s Creed and Just Dance, brings technical expertise and resources as node operator to enhance WEMIX’s ecosystem by joining as WONDER 26.”
Ubisoft is among the few organizations in the mainstream experimenting with blockchain technology. However, the community did not receive the non-fungible token (NFT) initiative very well. Upon debuting a video announcing Quartz and Digits NFTs for Tom Clancy’s Ghost Recon Breakpoint, it was showered with enough dislikes to drop the initiative.
Nicholas Pouard, VP of Ubisoft Strategic Innovations Lab, told Finder, a financial comparison website, that they need to learn about NFTs. “For now, because of the current situation and context of NFTs, gamers really believe it’s first destroying the planet, and second just a tool for speculation,” he said.
Despite the backlash, Ubisoft continued on its course. Just last year, it revealed Champion Tactics, a player-versus-player (PvP) and role-playing game (RPG). The game is scheduled to be released this year and players can mint Warlord, an in-game digital collectible. Moreover, Ubisoft has mentioned a few regions including China, France, North Korea, and more where the game will not be available.
Gaming and metaverse are two of the successful aspects in Web3 initiatives’ growth. Data aggregator DappRadar reported 758,330 daily unique active wallets in August, however, the number has declined a bit, but gaming has emerged to be a constant contributor throughout 2023.
Furthermore, blockchain game developers have got the taste of quality as they have realized user experience matters the most to traditional gamers. Play-to-earn (P2E) games, according to traditional gamers, can cut out the entertainment value by focusing more on financial value. The essence of gaming may die if such circumstances come into play.
Beyond the shadow of a doubt, blockchain games are struggling for adoption, and they seek Web2 studios and franchises to lead the way, reported VentureBeat, a technology website, citing an insight from Blockchain Gaming Alliance (BGA) report dubbed State of the Industry Report 2023.
And it is a natural response when a sector is crowded by malicious forces trying to exploit users. This is another reason traditional gamers try to steer clear of blockchain games. Apart from Ubisoft, mainstream gaming companies like Tencent, Konami, Take-Two Interactive, and more have eyes on the next iteration of the internet.
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto industry, he is quite passionate about the Web3, NFTs, Gaming, and Metaverse, and envisions them as the future of the (digital) economy. A reader & writer at heart, he calls himself an “average guitar player” and a fun footballer.
Source: https://www.thecoinrepublic.com/2024/01/16/gaming-giant-becomes-validator-number-26-on-a-korean-blockchain/