Cronos & Ubisoft Forge Blockchain Alliance – NFT News Today

Renowned video game giant Ubisoft, the creator behind legendary franchises like Assassin’s Creed has recently expanded its involvement in the blossoming NFT gaming sector. This is apparent through their latest move of adding the Cronos network to its portfolio as a validator. They have joined this open-source blockchain network, known for its interoperability with Ethereum and Cosmos. They will operate a node there.

Ubisoft’s role in the Cronos network is crucial as it will actively produce and confirm new blocks on this blockchain. This initiative is a collective effort that brings Ubisoft alongside 27 other esteemed validators, which includes well-known industry entities like Crypto.com and Blockdaemon. Such a diverse pool of validators contributes significantly towards enhancing network decentralization.

Ubisoft’s Dedication to the Advancement of Blockchain Gaming

Ubisoft’s alliance with Cronos Labs signifies a progressive step in Ubisoft’s commitment to the advancement of blockchain gaming. The financial terms of this collaboration are undisclosed, but the intent to propel blockchain gaming forward is apparent. Cronos Labs has also expressed excitement about the partnership, hoping to benefit from Ubisoft’s expertise through its Strategic Innovation Lab.

Managing Director of Cronos Labs, Ken Timsit, expressed, “I have crossed paths with the Ubisoft team many times over the years in the blockchain ecosystem. They have an unparalleled understanding of the potential and the limitations of blockchain technology when it comes to creating deeper engagement between game creators and gamers.”

Ubisoft’s recent engagement with the Cronos network is not an isolated incident but a part of their ongoing strategic moves to enhance their presence in the NFT gaming realm. Ubisoft has a history of developing and launching its blockchain games, supporting various networks and platforms, and investing in NFT projects.

Ubisoft’s Blockchain Ventures

Ubisoft has been a frontrunner in adopting blockchain technology in gaming. Their recent collaboration with Integral Reality Labs led to introducing a new concept: Assassin’s Creed Smart Collectibles. These unique assets, created on the Ethereum scaling network, Polygon, are essentially NFT access passes tied with physical collectibles inspired by the Assassin’s Creed franchise.

Adding to their list of innovative ventures in the blockchain gaming world, Ubisoft also announced “Champions Tactics: Grimoria Chronicles,” their first blockchain game. This announcement was made during Oasys’ Special Event in Japan, a significant part of Japan Blockchain Week sponsored by the Ministry of Economy, Trade, and Industry.

Another recent example of Ubisoft’s innovations in the NFT space is their partnership with Reddit to offer free Rabbid-themed NFT avatars for Reddit users, making their Rabbids franchise an integral part of the NFT world.

In conclusion, Ubisoft’s commitment to the Web3 gaming space is solidifying with every new partnership and initiative. Ubisoft is poised to contribute significantly to advancing blockchain gaming with the expanding Cronos network and other strategic moves.

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• Source: https://nftnewstoday.com/2023/07/20/cronos-ubisoft-forge-blockchain-alliance/?utm_source=rss&utm_medium=rss&utm_campaign=cronos-ubisoft-forge-blockchain-alliance