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Home News Cryptocurrencies Business

Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph

by The Distributed Team
February 4, 2022
in Business
Ubisoft Joins The Governing Council Of Blockchain, Hedera Hashgraph

HBAR Foundation announced today that games publisher, Ubisoft, has become a part of their governing council for the public DLT (Distributed Ledger Technology).

Ubisoft has been exploring different avenues regarding blockchain for quite a while, and in December, it launched its first NFTs within Ghost Recon: Breakpoint. Regardless of making a special effort to deter speculators, the gaming communities reaction to its Quartz and Digits drive has been predominantly negative.

“At Ubisoft, we believe that the distributed ledger technology holds a key to the future of gaming by opening new opportunities for players to become true stakeholders of our games,” 

“The Hedera network offers a promising take on this technology, notably through its scalability, energy efficiency and innovative consensus mechanism.” 

Didier Genevois – Blockchain Technical Director at the Ubisoft

There are two main blockchain avenues for gaming: NFTs and play-to-earn, where the gameplay is designed to reward game players financially with tokens. So far, they’ve done NFTs. Ubisoft envisages a different approach for play-to-earn.

“It truly needs to be built from scratch because it’s a very different way to think about the game economy and the monetisation.”

Nicolas Pouard, Ubisoft

Watch the full video: Hedera Governing Council Overview

https://www.youtube.com/watch?v=fdcDvqMexLk
Tags: BusinessHedera HashgraphUbisoft

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