Ubisoft has made a formal commitment to NFTs. Digits are the name of a new platform that Ubisoft is launching on Tuesday called Ubisoft Quartz, which will allow the corporation to sell NFTs. According to a press statement, the Digits will first be available as in-game things such as vehicles, guns, and equipment in the Windows beta version of Ghost Recon Breakpoint.
An NFT is a non-fungible token that may be purchased or traded with the ownership of the token being recorded on a blockchain. There has been a rise in the use of NFTs in the digital goods industry, and that seems to be the case with Digits from Ubisoft.
According to the firm, each Digit is one-of-a-kind and can be traced back to a certain owner over time. According to Ubisoft’s Baptiste Chardon, “digits are merely cosmetics” and “do not alter gameplay in any way.”
Ubisoft is claiming that its Quartz Platform employs Tezos, a proof-of-stake blockchain, which uses less energy than other blockchains. NFTs have come under fire for their environmental impact.
THE QUESTION IS: WHAT IS NFT?
The blockchain is used to track the ownership of NFTs, making it possible to trade in and sell them. “Non-fungible token” is an acronym for “non-redeemable token,” and it may be used to store anything digital, from animated GIFs to music and video game goods. As with a real-life painting, an NFT can be one of one or one of many copies, but the blockchain maintains track of who owns which copies.
With high-profile memes such as Nyan Cat and “deal with it” sunglasses going up for auction, NFTs have been making news recently. NFTs are also the subject of much debate because of their high electricity consumption and potential negative effects on the environment. If you’re still unsure about anything, feel free to check out our NFT FAQ.
A “set quantity” of Digits will be available in “limited Editions,” and players can only acquire one of each Edition. Digits are recorded on the blockchain, which means users can sell them if they like, and Ubisoft claims they can. Digital products can be resold without the need for the usage of the blockchain, as was the case with Diablo III’s Auction House.
December 9th, 12th, and 15th are the first three dates for Ubisoft to give away free Digits. When playing on Ubisoft Connect for Windows and reaching level 5, you can get them if you are at least 18 years old and live in the United States or Canada or Spain or France or Germany or Italy or Belgium. More content will be released in the early months of 2022, according to Ubisoft’s announcement.
Ubisoft Bringing NFT
In its most recent profits and by investing in Animoca Brands, a blockchain game startup, Ubisoft has shown an interest in blockchain. There is a four-year history of “Ubisoft’s four-year research of blockchain technology,” and Digits is described as a “large-scale experiment.”
In its most recent financial report, EA expressed confidence in blockchain and NFTs, and Epic Titles said it’s “open” to considering blockchain games for the Epic Games Store. However, not all video game firms are on board; Valve has prohibited blockchain games and NFTs from Steam, Xbox head Phil Spencer has expressed reservations about NFTs being “exploitive.” Tim Sweeney, CEO of Epic Games, has stated that the company does not use crypto in its own games, which means that NFT Fortnite skins are unlikely to appear in the near future.