Video Game Giant Ubisoft Launches NFT Platform, Software Firm’s Blockchain-Tech Runs on Tezos

Video Game Giant Ubisoft Launches NFT Platform, Software Firm's Blockchain-Tech Runs on Tezos

The French video game manufacturer based in Montreuil, Ubisoft Entertainment SA, has announced the company has launched a blockchain-based platform called Ubisoft Quartz. According to the company, the platform will enhance specific games with playable and energy-efficient non-fungible token (NFT) assets.

Ubisoft Quartz Revealed

For quite some time, video game companies have shown strong interest in NFT technology and blockchain-based games. Earlier this year, firms like Square Enix, Ubisoft, and Electronic Arts have been hinting at moving in the NFT direction. Now Ubisoft has announced it has launched a platform that will leverage the Tezos (XTZ) blockchain to utilize NFT technology.

“Introducing Ubisoft Quartz,” the gaming company tweeted on Tuesday. “We’re bringing the first energy-efficient NFTs playable in a AAA game to Ghost Recon: Breakpoint. Try it in the beta from December 9 with three free cosmetic drops.”

Video Game Giant Ubisoft Launches NFT Platform, Software Firm's Blockchain-Tech Runs on Tezos

Ubisoft is well known for its franchise gaming titles like “Assassin’s Creed,” “Prince of Persia,” the Tom Clancy game franchise, “Rabbids Invasion,” and “Just Dance.” The Ubisoft Quartz website notes that the platform is a “place where you can acquire Digits, the first Ubisoft NFTs (non-fungible tokens), playable in an HD game and rely[ing] on an energy-efficient technology.” The company adds:

Digits will allow you to complete your missions in style.

Tezos Native Token Skyrockets Following Ubisoft’s Announcement, Ubisoft’s Digit NFTs Aim to Be Unique

The web portal shows a few items that could help a player compete in style with NFT items like an M4A1 tactical rifle, an enhanced helmet, and enhanced pants, all of which are limited edition. Meanwhile, after Ubisoft revealed the NFT platform and disclosed the company was working with Tezos, the crypto asset XTZ skyrocketed in value during the last 24 hours. At the time of writing on Wednesday, December 8, XTZ is up 26% in USD value.

The three NFT drops for Tom Clancy’s Ghost Recon game are free, the web portal details, but only Ghost Recon Breakpoint Ubisoft Connect PC players can acquire and play with Digits. “Every single Digit features a serial number,” Ubisoft says. “This serial number is displayed on the collectible and on the in-game item. Each Digit will also be tied to the player names of all its previous and current owners.” Ubisoft’s NFT platform description also notes:

The combination of a serial number and ownership history makes each Digit truly unique.

What do you think about Ubisoft entering into the world of NFT technology with Tezos and the Ubisoft Quartz gaming platform? Let us know what you think about this subject in the comments section below.

Goldman Sachs CEO David Solomon Believes Blockchain Is More Important Than Bitcoin

goldman sachs

David Solomon, CEO of Goldman Sachs, one of the leading banking institutions in the world, has stated his opinion on the bitcoin vs blockchain dilemma. To Solomon, bitcoin is not as important as the advancements in technology that implementing blockchain and other new ledger-based tools can bring to the traditional finance world. The executive further stated he doesn’t own bitcoin or ethereum personally.

Goldman Sachs CEO on Bitcoin

David Solomon, CEO of one of the biggest banks in the world, Goldman Sachs, has explained that for him, bitcoin is less important than the technology behind it. The executive issued these statements in an interview on CNBC’s Squawkbox on Tuesday. When asked about his views on crypto, Solomon answered:

My view on, on bitcoin for example is I really don’t know but it’s really not something, you know, individually that’s important to me.

Furthermore, he argued that the true value of bitcoin lies in the technology that powers it, blockchain, and how it can affect the future of the financing world. Solomon stated that he is a ‘”big believer” in the disruption that these technologies are causing, and that Goldman Sachs is also trying to participate in this revolution vis its services app.

Solomon: ‘Bitcoin Is Not the Key Thing’

Solomon also stated that in his opinion, bitcoin was not essential in the view of the banking industry, and that was the influence of the new technologies that bitcoin and other cryptocurrencies have brought with it that was the key for the modernization of current banking platforms. Solomon stressed:

I think bitcoin is really not the key thing. The key thing is how can blockchain or other technologies that are not developed yet accelerate the pace of the digitization of the way financial services are delivered.

However, he did state that as a speculative asset it was important for Goldman Sachs to offer bitcoin to its customers, to let them bet on the market behavior of the currency.

In the last year, bitcoin (BTC) has been vindicated as a valid asset by several important banking institutions, including JPMorgan, which had criticized the true utility of bitcoin’s proposal several times in the past. The bank started offering access to cryptocurrency investments for its customers earlier this year. The critics of its CEO Jamie Dimon, who said bitcoin was worthless before, didn’t affect the ability of the bank to provide this kind of service to its customers.

What do you think about David Solomon’s “blockchain, not bitcoin” approach? Tell us in the comments section below.