Ubisoft has collaborated with crypto infrastructure developer Immutable to produce new Web3 gaming experiences. The partnership aims to redefine the gaming scene by integrating blockchain technology. It will open the door to a many possibilities for gamers.
We’re excited to partner with [Immutable] and look forward to bringing that level of fluidness within a full-fledged game, so players only have to focus on the fun of the experienceNicolas Pouard, Vice President of Ubisoft’s Strategic Innovation Lab
Ubisoft’s Web3 games
This venture is not Ubisoft’s first foray into the blockchain realm. Earlier this year, Ubisoft and SEGA announced their entry into Web3 gaming with original titles, Champions Tactics: Grimoria Chronicles and Battle of Three Kingdoms.
These games are built on the Oasys blockchain and immersive gameplay. They also integrate of Web3 economics by allowing players to own and exchange in-game assets.
Investors pour money into Web3 gaming
The broader industry is experiencing a surge in investment as Ubisoft ventures further into the blockchain gaming frontier. Venture capitalists have poured billions into the nascent blockchain gaming sector despite challenges in the crypto markets.
In Q3 2023 alone, the industry attracted nearly $600 million. It indicates sustained optimism in the untapped potential of blockchain-based games.
Major players in the gaming industry are slowly recognizing the transformative power of blockchain technology. This partnership, coupled with the strategic investments by gaming giants like SEGA, underscores a shift towards a future where blockchain is not just a buzzword but a fundamental aspect of the gaming experience.