Wednesday, July 24, 2024

Ubisoft to Launch First Batch of NFTs Called Digits

According to online sources, the famous video game company Ubisoft is reportedly going to launch a new system to bring non-fungible tokens (NFTs) as in-game components. These NFTs will be called Digits and they will be offered as digital items inside the games. They will feature one-of-a-kind serial numbers and the players would be able to buy and sell them on the blockchain platform.

It has been found that the first batch of the ‘Digits’ will be launched as limited edition items. This launch would take place on 9 December through the Ubisoft game called Tom Clancy’s Ghost Recon Breakpoint. For now, the launch has been limited to a few countries, which include the USA, Spain, Canada, France, Italy, Germany, Australia, Belgium, and Brazil. The players will be allowed to pay for the NFTs through cryptocurrency.

This move to launch Digits comes at a time when many critics are highlighting how NFTs are bad for the environment. Ubisoft, however, has clarified that it has tried to address the environmental issues associated with blockchain technology. The NFTs in the game are going to be stored on the Tezos blockchain, which is reportedly a better option in terms of energy efficiency.

The gaming giant Ubisoft is widely popular for many games like Far Cry, Assassin’s Creed, and the Rainbow Six series. This move makes it the first major video game developer to launch an NFT project. The company often sells many in-game cosmetic items or skins, which is what contributes a large of their revenue-generating mechanism. Through the application of this NFT project into its game mechanics, the company aims to introduce its ecosystem, which will be called Quartz

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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