Play-to-Earn, Blockchain and NFT game plans announced by Ubisoft

17 seconds ago | 2 minute reading Blockchain News

Ubisoft recently held a conference call to learn of its financial results.

Ubisoft CEO outlined the company’s plans.

Among these plans is the creation of games to earn money.

Ubisoft announces plans to develop Play-To-Earn, blockchain, and NFT games. According to Ubisoft, a French game developer and publisher, the company aspires to be the leading player in the industry in generating projects focused on the principle of ‘play to make money’.

Blockchain technology and non-financial tokens (NFT) have started to revolutionize the gaming industry. Although Valve previously banned Blockchain and non-fiat currencies from Steam, other companies, such as Epic Games, have become more palatable.

It seems that Ubisoft is interested in joining the action. In addition to investing in Animoca Brands, a cryptocurrency gaming company, the company has also announced plans. It is to incorporate blockchain technology in video games released in the future. fact that the company’s plans remained ambiguous remains noteworthy.

Playing to win is a nebulous notion that allows game creators to give away bitcoins in exchange for players who participate in their games. Yves Guillemot, CEO of Ubisoft, gave some details on the company’s latest financial call.

According to him, the blockchain is “extremely promising in the long term.” And the executive said that the company is fundamental in the creation of digital currencies.

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Ubisoft intends to use a new advertising technique, which CFO Frederick Duguet has called “play to win,” to generate revenue from games.

“[Blockchain] will allow more games to be won, which will allow more players to start earning their own content and material, and they believe it will significantly expand the growth potential of the industry. y have continued to work with various small businesses that are getting on the Blockchain. y are beginning to understand how it can affect the industry. y would like to be among the key players in this space, which is why they have worked with many small businesses entering the Blockchain. Duguet issued the statement.

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