Tezos is a coin created by a former Morgan Stanley analyst, Arthur Breitman. It is a smart contract platform which is does not involve in mining Tezos coins. It is a coin that promotes themselves on major ideas of self-amendment and on-chain governance. It is an Ethereum-like blockchain that hosts smart contracts. It allows the community to vote and improve its flaws. Any token holder may delegate their voting rights to others in the network. The coin uses a generic network shell which allow different transaction and consensus protocols that a blockchain needs to be compatible.
The platform a place to buy, sell and store cryptocurrency Quartz will launch in beta this week and will offer NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. for the video game. Tom Clancy’s Ghost Recon Breakpoint.
After a few early steps in the crypto space, video game companyUbisoft has finally decided to dive headfirst into the world oftokens no fungibles (NFT).
The French company behind popular video games likeAssassin’s Creed yJust Dance presented this TuesdayUbisoftQuartz,a new project to implement NFT in partnership withTezos. The platformQuartz will allow players to earn and purchase in-game items that are tokenized as NFTs on theTezos.
Initially, the platform will offer NFT for the video game Tom Clancy’s Ghost Recon Breakpointthe latest online game in the series of tactical shooters.Quartz will be launched in beta version for computers on December 9th. At first it will be available for users in the United States, Canada, France, Germany, Spain, Italy, Belgium, Brazil and Australia.
UbisoftQuartz will offer NFT video games
Ubisoftse refirió a los NFT como ‘Digitswhich will be basically the same old video game items – weapons, vehicles, avatar clothing and accessory items, etc. – but tokenized in theBlockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies.. The use of the technology will grant a certificate of ownership stored on the blockchain to gamers who own these items. It will also bring a more commercial aspect to the market an area or arena, online or offline, in which commercial dealings are conducted. for video game items, as users will be able to trade them in exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. fortokens.
However, the company’s project does not seem to be focused on this commercial use.Ubisoft plans to release a collection of free NFTs for early adopters on December 9, 12 and 15; with more releases planned for 2022.
“Ubisoft Quartz is the first building block a file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain. in our ambitious vision to develop a true metaverse.“said Nicolas Pouard, vice-president of the Strategic Innovation Lab atUbisoftin a statement quoted byDecrypt.
The company added that the decision to use the technology of Tezos is due to its low energy consumption compared toBitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions.. The statement assured that a single transaction ofTezos uses as much energy as a 30-second video stream, which is far less than the environmental impact of the leading cryptocurrency.
Meanwhile, in an interview with news outletXakataPouard anticipated that the NFT industry will continue to grow, although he said that “…it will not be the only one to grow.it is still too early to say how players will approach and adopt them.none
We believe that NFTs non-fungible token, a unique non-interchangeable piece of digital content that is stored on a distributed ledger (blockchain). can bring the possibilities of our real world closer to the digital, which means that the value generated in those worlds and by our communities needs to be redefined and redistributed. This will transform the relationship between game creators and players, or even our relationship with games in general.
Ubisoft makes its place in crypto space
The news comes one month after the creator of some of today’s most successful video game franchises reported plans to dabble in NFT . As reported byDiarioBitcointhe financial director ofUbisoft, Frederick Duguet, had indicated at the beginning of November that technologies such asBlockchain could make the video game industry grow.
Ubisoft has some time exploring the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. space and its underlying technology. In 2019, the company worked on a prototype similar toMinecraft minecraft is a video game where players can essentially create and break apart different kinds of blocks in a three-dimensional world. calledHashCraft. Although it was never released, the following year the video game giant launched Rabbids Token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. a collectibles game based on Ethereum a decentralized open-source blockchain with smart contracts functionality. which sought to raise money for UNICEF .
Más recientemente, Ubisoft made its first investment in a cryptocurrency startup, taking a stake in the USD$ 65 million financing round of Animoca Brands and affirming plans to work with the company on NFT-powered games.
- Study reveals more than half of game developers already exploring possible uses for Blockchain
- Video Game Developer Ubisoft Becomes Corporate Validator a participant on a proof-of-stake (PoS) blockchain, involved in validating blocks for rewards. for Tezos Network a network refers to all nodes in the operation of a blockchain at any given moment in time.
- Video game company Ubisoft to explore different use cases for Blockchain
Article by Hannah Estefania Perez /DiarioBitcoin
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