Tezos

Cronos

Axie Infinity

Cosmos

<p class="is-style-lead">Ubisoft, a video game creator and publisher, is growing its footprint in the non-fungible token (NFT) gaming industry after partnering with Cronos, a blockchain network, per an update on July 18.</p> 
<h2 class="wp-block-heading" id="ubisoft-to-run-a-cronos-validator-node">Ubisoft to run a Cronos validator node</h2> 
<p>Ubisoft, famous for franchises such as Just Dance and Assassin’s Creed, will manage a node on the Cronos network, an open-source platform compatible with Ethereum and Cosmos blockchains.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr">Ubisoft, a leading creator and video games publisher, joins the Cronos ecosystem as network validator.<br>Cronos will greatly benefit from the expertise of Ubisoft’s Strategic Innovation Lab, and its feedback on tech upgrades to support gaming use cases.<a href="https://t.co/LRrnPeWQdQ" target="_blank" rel="noopener noreferrer nofollow">https://t.co/LRrnPeWQdQ</a></p>— Cronos (@cronos_chain) <a href="https://twitter.com/cronos_chain/status/1681229650746556416?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 18, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>As a validator, Ubisoft will be responsible for producing and verifying new blocks on the Cronos network, joining forces with 27 other blockchain validators, including Crypto.com and Blockdaemon.&nbsp;</p> 
<p>This move is expected to enhance the network’s decentralization, a key feature of blockchain systems.</p> 
<p> You might also like: <a href="https://crypto.news/bitquery-will-benefit-from-100m-cronos-ecosystem-fund/" rel="noopener noreferrer nofollow"> BitQuery will benefit from $100m Cronos ecosystem fund </a> </p> 
<p>Cronos Labs, the organization behind the Cronos network, said their gaming company’s expertise, mainly through its Strategic Innovation Lab, could help in advancing blockchain gaming.</p> 
<p>Ubisoft had previously mentored startups in the&nbsp;<a href="https://blog.cronos.org/p/cronos-accelerator-program-cohort-1-announcement-58b69589aa60" target="_blank" rel="noopener noreferrer nofollow">Cronos Accelerator Program</a>&nbsp;back in 2022.</p> 
<h2 class="wp-block-heading" id="strong-ubisoft-s-expanding-footprint-in-nft-gaming-domain-strong"><strong>Ubisoft’s expanding footprint in NFT gaming domain</strong></h2> 
<p>Ubisoft’s involvement with Cronos is part of its broader strategy to explore and expand its footprint in the NFT gaming domain.</p> 
<p>The publisher has been actively prototyping and launching blockchain-based games and supporting various networks and platforms. It has also made strategic investments in NFT projects.</p> 
<p>In 2021, Ubisoft introduced<a href="https://venturebeat.com/games/ubisoft-launches-quartz-for-its-first-nfts-in-tom-clancys-ghost-recon-breakpoint/" target="_blank" rel="noopener noreferrer nofollow">&nbsp;in-game NFT items&nbsp;</a>on the Tezos blockchain for its&nbsp;<em>Ghost Recon: Breakpoint PC game</em>&nbsp;marking Ubisoft as the first major publisher to integrate NFTs into an existing video game. However, the company faced backlash from traditional gaming fans who were critical of this foray into the NFT world.</p> 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
 <div class="wp-block-embed__wrapper"> <iframe title="Ubisoft Quartz NFTs Failed So Badly They're Now Pretending It Was Only For Research" width="1020" height="574" src="https://www.youtube.com/embed/KqHqpb45tSI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
 </div> 
</figure> 
<p>Ubisoft’s interest in blockchain technology&nbsp;<a href="https://crypto.news/blockchain-gaming-alliance-ubisoft-consensys/" rel="noopener noreferrer nofollow">dates</a>&nbsp;back to 2018 when it experimented with a Minecraft-like prototype called HashCraft, which ultimately did not see a public release. Subsequently, the company ventured into NFT-based projects, including a Rabbids-themed&nbsp;<a href="https://crypto.news/gaming-giant-ubisoft-ethereum-unicef-rabbids/" rel="noopener noreferrer nofollow">experiment</a>&nbsp;and collaborations with games like Sorare and The Sandbox.</p> 
<p>Ubisoft actively supports blockchain ecosystems like Tezos and&nbsp;<a href="https://crypto.news/ubisoft-hbar-foundation-play-earn-gaming-hedera/" rel="noopener noreferrer nofollow">Hedera</a>&nbsp;by running validators. The game creator has also shown interest in various NFT games like Axie Infinity and&nbsp;<a href="https://crypto.news/ubisoft-sorare-fantasy-football-blockchain-gaming/" rel="noopener noreferrer nofollow">Sorare</a>&nbsp;and the crypto gaming marketplace Ultra, based on EOS.</p> 
<p> Read more: <a href="https://crypto.news/binance-launches-bitcoin-nfts-amidst-sec-lawsuit/" rel="noopener noreferrer nofollow"> Binance launches bitcoin NFTs amidst SEC lawsuit </a> </p>

Ubisoft to run a Cronos blockchain validator node

Table of Contents

crypto.news

Egyéb ezen a dátumon (2023. júl. 19.) megosztott cikkek

G20’s FSB Calls for Global Crypto Regulations To Iron-Out Issues

Assassin's Creed Developer Becomes Cronos Blockchain Validator

Société Générale’s ‘FORGE’ Receives France’s First Crypto License

Ecobonus Revolutionizes Recycling with Innovative Reward System

Massive Litecoin (LTC) Buy-up by Whales Ongoing, Halving Sentiment at Play?

Morgan Stanley (MS Stock): Rallies After Positive Earnings

Join our free newsletter for daily crypto updates!