Značka: Ubisoft

Ubisoft cools off on NFTs and blockchain, says it's in 'research mode'

Yves Guillemot, the CEO of French gaming giant Ubisoft appears to have cooled the rhetoric behind the company’s NFT gaming project Quartz, noting in a recent interview that it was merely in “research mode” concerning Web3 tech integrations. It’s a relatively different take from other Ubisoft execs in the past, including chief financial officer Frédérick Duguet who in October stated that blockchain integrations will enable users to own and earn content and the firm wants to “be one of the key players here.”During a Sept. 10 interview with gamesindustry.biz, Guillemot appears to be walking some of those comments back, emphasizing that at this stage, Ubisoft is primarily looking to discover how NFTs can be applied to games and whether they will benefit gamers or not. “We are very much on cloud, on the new generation of voxels, and we’re looking at all the Web3 capabilities. We tested a few things recently that are giving us more information on how it can be used and what we should do in the universe of video games,” he said, adding that: “So we are testing ground with some games, and we’ll see if they really answer the players’ needs. But we are still in research mode, I would say.”Ubisoft announced its first foray into NFTs in December, after launching a beta version of Ubisoft Quartz, aimed at offering gamers playable NFTs that could be utilized in games such as Tom Clancy’s Ghost Recon Breakpoint. The move was met with strong pushback from some members of the NFT-hating gamer community, with some accusing the firm of “milking” every cent possible out of its popular game franchises by introducing NFTs into the mix. Nicolas Pouard, the vice president at Ubisoft’s Strategic Innovations Lab defended the company’s NFT efforts in January, stating: “I think gamers don’t get what a digital secondary market can bring to them.” Reflecting on Ubisoft’s NFT rollout, Guillemot says the firm ultimately didn’t communicate the company’s approach to the project effectively enough. “We probably were not good at saying we are researching,” he said, adding that “we should have said we were working on it, and when we have something that gives you a real benefit, we’ll bring it to you.”The Ubisoft CEO was also questioned about the environmental impacts of blockchain tech, something which is often highlighted by gamers who generally confuse energy-intensive Proof-of-Work (PoW) chains as the industry standard for all projects. Related: GameFi fundraising jumps 135% in August, but is still down from June: ReportGuillemot noted that while he’s “very cautious” about the environmental impacts of the sector, he’s optimistic that these issues will be ironed out over time. “Like so many things, at the beginning it’s not as good as it could be, but like other new technologies they will find the right way.”

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White Star Capital raises $120M for Ubisoft backed Web3 investment fund

Tech venture capital firm White Star Capital has secured $120 million in funding for its second Digital Asset Fund (DAF II) to invest in crypto networks and early-stage blockchain and Web3 businesses.The fund is primarily backed by game publishing giant Ubisoft and will take a particular focus on decentralized finance (DeFi) and gaming. It will invest as much as $7 million in each of 20-25 companies in North America, Europe, and Asia. The firm’s increased attention to DeFi, Web3, and blockchain-based technology suggests that it will begin to support companies that utilize or develop Metaverse solutions as well. This would bring it into the space in which Animoca Brands has carved out a neat corner for itself. White Star’s previous investments from its first DAF in 2020 include Stacks-based DeFi protocol ALEX, and decentralized exchange (DEX) Paraswap, among others. It also helped back the Bitcoin Odyssey on March 10, an initiative for investment firms to invest $165 million in solutions designed to drive Bitcoin adoption.Metaverse and NFT gaming investments are on the rise early this week as traders look for distractions from negative price action in the crypto markets. Bitcoin (BTC) is down 5.62% over the past 24 hours trading at just below $40,000.On April 11, Fortnite creator Epic Games announced it had raised $2 billion from Sony Group Corporation and LEGO Group holding company KIRKBI. Investors were intrigued by Epic’s new commitment to developing virtual games for the Metaverse.Related: Near Protocol eyes a Terra-like price rally after new $350M funding raiseAnimoca recently announced it had acquired racing game publisher Eden Games for $15.3 million in order to bolster its REVV Motorsport NFT game ecosystem and build out more Metaverse games.

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Gamer-hate: Ubisoft's new NFT project vid gets 96% dislike ratio

French gaming giant Ubisoft Entertainment SA’s new nonfungbile token (NFT) project Quartz is facing strong pushback from the gaming community. Ubisoft unveiled the Beta launch of Quartz via a brief YouTube video on Dec. 8 that has 214,721 views at the time of writing. The project aims to combine NFTs and blockchain technology with existing Triple-A game titles, and announced Tom Clancy’s Ghost Recon Breakpoint as its first game to officially integrate NFTs. The video introduces Quartz as a platform that enables gamers to “collect the first playable and energy-efficient Ubisoft NFTs” that are dubbed as “Digits.” YouTube recently changed its policy to hide the number of dislikes a video on the platform gets, however the number can still be accessed by Google Chrome extensions. Upon using an extension, the video currently shows 1,400 likes and 37,000 dislikes which equates to a dislike ratio of roughly 96%. One of the top comments on the video from user “OperatorDrewski” currently has 2,600 likes with zero dislikes, and blasts Ubisoft’s NFT project as a quick cash grab as opposed to improving the overall gaming experience: “To me, this is a blatant signal that you’re just milking the Ghost Recon franchise for literally every cent while putting in minimal effort into the actual game itself. Not playing a GR game in the future if there’s this level of degeneracy in the team.”“You took a solid franchise and absolutely made it a laughing stock,” they added.This opinion appears to be shared by a significant number of the community, with users on Twitter also lashing out at the firm in response to its latest announcement as they threatened to uninstall the firm’s games and boycott Ubisoft completely. Because of my personal view of NFTs and not because of the environmemt entirely, I will now proceed to uninstall anything related to you right now and cease further purchases of your games.That is all. For people that dislike Current Ubi’s marketing, just stop buying.— Skyeeeely – Lazy VStreamer Cat (@Sukaaaily) December 7, 2021A Dec. 8 post over on the r/gaming page on Reddit shows a concerted effort to boycott the new NFT project. The post titled “do not support “Quartz”, the new NFT Ubisoft marketplace” from “u/WolverineKuzuri93” currently has 2,500 comments and an upvote ratio of 93% at more than 13,400 upvotes. The Redditor highlights similar issues to the top commenter on YouTube, noting that:“We have to stand against this practice. […] This is just another way to nickel and dime players with cosmetics rather than focusing on making quality products with depth. We have to let companies know this is anti-consumer.”“I’m not entirely against the concept of using an NFT style system for digital games. For example, actually owning your digital copy rather than just a license so you can sell it to another user’s account. That’s actually the future of digital gaming. What I’m against is how Ubisoft are doing it with in-game items,” they added. Gamer backlash to NFTsThis is not the first time a major firm has been flamed for looking at, or launching into the world of NFTs. Cointelegraph reported last month that community messaging app Discord was forced to walk back its Ethereum-based NFT integration plans, after the gamer community bombarded CEO Jason Citron. Citron initially teased his firm’s plans via a screenshot of a beta feature showing Ethereum NFT wallet support, however he was promptly hounded with thousands of comments calling on him to abandon the plans along with users threatening to cancel their paid Nitro subscriptions.Reddit: OpenSea walks back on IPO plan following community backlashUnlike the case of Ubisoft, where the community appears to be peeved by what they assert is a cash grab, the crypto-skeptics on Discord believe NFTs are a Ponzi scheme and damage the environment due to the energy required to mine cryptocurrencies.Cointelegraph has reached out to Ubisoft representatives for comment, and will update the story if they respond.

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