November 29, 2023

Taylor Daily Press

Complete News World

Ubisoft wants to create its own Blockchain games for a 'Play-to-Earn' app

Ubisoft wants to create its own Blockchain games for a ‘Play-to-Earn’ app

Defenses against game lag, workplace fees, and questions about free play overshadowed Ubisoft’s financial call for the second quarter of the year. Another notable element discussed is the blockchain.

CEO Yves Guillemot confirmed during the call that Ubisoft wants to invest in companies that work with blockchain but also make their own games, CFO Frédérick Duguet calls blockchain a “revolution” and says we may eventually see Ubisoft games that work in this new way generate income.

“[Blockchain] It allows more play to earn allowing players to truly earn, own and own the content, and we think it really grows the industry. We’re starting to get enough knowledge about how it’s affecting the industry, and we want to be one of the key players in this. “

Blockchain and NFTs and everything around them have become relatively controversial since the mainstream attention they have received over the past few years. Mainly for consumption and environmental impact, but also because a number of frauds occurred in the NFT business as a whole.

Duguet has tried to silence critics by saying it is important to know “what the impact is on the environment” and saying that Ubisoft is still in the early stages of discovery.

See also  Pixel 6 Pro is Google's best selling phone of all time