Ubisoft Launches Digits, the First AAA-level Game Energy-saving NFT

Rennis, France-based Ubisoft, a video game developer and publisher launches a platform called “Digits” on its own Ubisoft Quartz NFT platform, stepping into the field of encrypted NFT.

The game titan said it will launch a Ghost Recon Breakpoint beta version for PC players on Ubisoft Connect this week.

The official Twitter claims to bring the first energy-saving NFT that will be displayed in AAA games into the Ghost Recon Breakpoint beta. According to Ubisoft, users of the beta version will receive three cosmetics for free, starting from Thursday, December 9.

The statement shared on the Ubisoft website stated that players could obtain Digit, a collection of Ubisoft’s game world, the first NFT that runs energy-saving technology in a AAA game.

AAA is a division in the video game industry, which refers to games with high production costs and high marketing costs. The marketing cost is also a huge expense, and the promotion cost may even exceed the cost of making the game itself.

The first three digits will be awarded to early adopters for free on December 9, 12, and 15. Some of the equipment numbers in the game will be issued in limited and limited editions in the United States and Canada on these three days.

Didier Genevois, Director of Blockchain Technology at Ubisoft, said that the digitization of the world has significantly accelerated the changes in the way users and communities interact online.

Meanwhile, Blockchain Product Director Baptiste Chardon said that the decentralized nature of blockchain opens up new opportunities in the game field, such as interoperability between games or an unprecedented level of autonomy in the community in the game world. He added that:

“In that sense, added on top of existing tools, we see blockchain as a means of placing back into the hands of players and creators the value they generate through their engagement with their games. We see this as an evolution of real-life possibilities in the digital space.”

Considering the impact of blockchain technology development on the environment, Ubisoft has been exploring this energy-saving alternative and chose to use the proof-of-stake blockchain technology Tezos. This type of blockchain achieves the same result, using much less energy consumption than an energy-intensive proof-of-work (POW) protocol.

The company promises to use only this energy-saving solution, thereby reducing the global carbon footprint. 

Polygon NFT Gaming Firm Cross the Ages Secures $12m in Seed Round, Backed by Ubisoft, Animoca

Blockchain game “Cross the Ages”  (CTA) has received a $12 million in seed round from gaming crypto investment firm Animoca Brands, video game developer Ubisoft, and Sebastian Borget, co-founder and COO of The Sandbox.

The funds raised will be used for development programs, expansion of the current team of more than 140 people and go-to-market activities. Across Ages plans to release a beta version of the game at the end of May, with digital and physical cards to be released in June.

Subsequently, the developer plans to implant non-fungible token (NFT) marketplaces and decentralized finance (DeFi) protocol suites such as yield farms into the game to earn rewards and plans to launch into the metaverse in 2023.

CTA co-founder and CEO Sami Chlagou said that:

“The CTA DeFi product will be accessible via the main user interface, but it will operate as its own standalone platform. We want to keep the gaming experience somewhat separate to ensure that the more commercial aspects of the CTA experiences do not distract from what will be a dynamic and unique metaverse gaming experience.”

“Cross the Ages” (CTA) is a dystopian free-to-play digital card game built on the Polygon blockchain, Ethereum’s sidechain scaling solution, where players can also choose to convert these digital cards into physical trading cards.

Likewise, one of the most prominent gaming firms, Animoca Brands, has raised $358.88 million from investors led by Liberty City Ventures in January.

As reported by Blockchain.News on December 8, Ubisoft, a video game developer and publisher launched a platform called “Digits” on its own Ubisoft Quartz NFT platform, stepping into the field of encrypted NFT.

White Star Capital Announces Second Digital Asset Fund Anchored by Ubisoft

Multi-stage investment platform, White Star Capital, has announced the first close of its second Digital Asset Fund (DAF II),  with backing from top investors like Ubisoft, the named anchor LP provider.

As announced by the company, the DAF II project will propound its core strategies of investing in crypto firms and innovative blockchain protocols, however, with a central focus on Gaming and Decentralized Finance (DeFi).

“White Star Capital has a track record of backing many of today’s top up-and-coming Defi startups and their experience has been very helpful as we grow our company,” said Dr. Chiente Hsu, CEO of ALEX. “The team is passionate, driven, and understands the steps entrepreneurs need to take to lead tomorrow’s decentralized world.”

White Star Capital is an active player in the crypto investment landscape whose operations span several countries, including the United Kingdom, the United States, Canada, and France. As unveiled by the firm, its DAF II will be managed by its Managing Partner Sep Alavi and is supported by Eddie Lee and Luke Xiao in New York, Florent Jouanneau in London, Sanjay Zimmermann in Toronto, and Dimitri Nitchoun in Paris.

Since its inception, White Star Capital has backed a number of protocols, including but not limited to Ledn, ALEX, Multis, Paraswap, Exlusible, and Rally. Per the DAF II allocation strategy, it earmarked as much as $1 million to $7 million for the new projects it will back and particularly focus on startups in North America, Europe, and Asia.

Funding for Web3.0 protocols is becoming a very common event in the digital currency ecosystem. The closure of the DAF II fund is a testament to investors’ unquenchable thirst to back innovative protocols being introduced daily. As reported earlier by Blockchain.News, eToro also floated a $20 million fund last week to make strategic investments in exquisite Non-Fungible Tokens (NFTs).

Image source: Blockchain.News

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