Tron (TRX) Price Analysis: Signs of A Strong Rally To $0.02

19m
livebitcoinnews

Bitcoin Goes Above $10K 15 Minutes After President Trump's Speech on Law and Order

37m
cryptoglobe

African-American business leaders on George Floyd |

43m
cryptonewmedia

Japanese Finance Minister May Be Opposed to Lowering Tax on Crypto

43m
cryptonewmedia

2 Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval

43m
cryptonewmedia

Ethereum Layer-2 Scaling Initial Deployments Successful

1h
beincrypto

Bitcoin Cash Rallies 8%: Here’s Why A Surge To $300 Is Likely

1h
cryptonewmedia

‘Woke’ Khloe Kardashian Desperately Wants to be an Activist

1h
cryptonewmedia

Ethereum Price Analysis: ETH Eyeing More Upsides Above $250

1h
livebitcoinnews

Bitcoin Surges Above $10,000 Registering Almost 6% Growth

1h
cryptonewmedia

Bulls Brace For Fireworks As Bitcoin Breaks $10K, What’s Fueling the Rally?

1h
zycrypto

Cryptographic Tech May Overhaul ID Verification in UK Conveyancing Industry

2h
beincrypto

The Secret, Absurd World of Coronavirus Mask Traders and Middlemen…

2h
cryptonewmedia

Web3 Brands and the Decentralized Renaissance – Cointelegraph Magazine

2h
cryptonewmedia

Ethereum Classic Follows Up on Ethereum with Phoenix Hard Fork

2h
bitcoinnews

US Turmoil and Negative Interest Rates – Billionaire Michael…

2h
cryptonewmedia

Bitcoin About To Enter A Full-Blown Bull Market Based On This...

2h
zycrypto

Bitmain Unveils Cheaper T19 Bitcoin Miner to Regain Lost Market Share

2h
thebitcoinnews

Bitcoin Smashes $10K: Key Reasons Why BTC Could Correct Before Fresh…

2h
cryptonewmedia

Walmart China brings VeChain’s Food Traceability Platform to Sam’s Club China

2h
cryptonewmedia

Bitcoin Braces for $11,000 on Weaker Dollar Demand

3h
bitcoinist

‘Financial Surveillance’ or ‘Blockchain Analysis’? Human Rights Foundation Debates Elliptic

3h
cryptonewmedia

Madoff fund litigator on SCOTUS denial to hear HSBC v. Picard |

3h
cryptonewmedia

Swiss Bank Maerki Baumann Launches Crypto Custody and Trading

3h
cryptonewmedia

It's a layer 2 world, and Ethereum is almost living in it

3h
tokendaily


Ubisoft Developing Blockchain-Based Marketplace to Buy In-Game Items

According to French financial publication Les Échos, software giant Ubisoft is exploring potential blockchain applications in gaming. The move to blockchain is said to give the gaming firm a competitive edge in the gaming world.

Ubisoft has allegedly been exploring blockchain applications for months under the radar.

And now it has already established one particular use for the technology that would serve as a lucrative edge. As Les Échos describes, Ubisoft plans to place intra-game virtual objects onto the blockchain and then monetize them. These virtual objects could be character accessories, clothing, weapons, etc.

Effectively, the Ubisoft team is in the advanced stages of creating a blockchain-based marketplace for in-game items. This means that gamers can actually purchase accessories and items within the game using the blockchain and cryptocurrency.

As the publication states further:

“The idea is to give a digital existence on the blockchain to the ‘items’ (accessories) available in video games; content that publishers monetize.”

The idea has been likened to Epic Games’ successful video game Fortnite—which is free to download but gamers can buy virtual add-ons and accessories to equip their characters with.

But using the blockchain takes this model further as it “preserves gamers’ digital property rights.”

Les Échos notes:

“When you buy a costume on Fortnite, your investment is lost, the accessory is locked in the game. If we use the blockchain, we give a physical existence to a digital element.”

>> Coinbase Debit Card to be Available in Six More European Countries

As stated, the Ubisoft team is said to be already in the advanced stage of development, and now rumors say that it will use the Ethereum blockchain to implement it. This means that gamers would likely use any ERC-20 token for purchasing the intra-game items.

It remains to be seen whether Ubisoft would launch its blockchain-based marketplace for in-game items in an existing game to a brand new one. And when we are to expect a launch also remains undisclosed.

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments