Ubisoft, NFTs, and “The Blockchain” explained

Channel:

Inside Gaming

Subscribers:

1,170,000

Published on November 4, 2021 1:32:29 AM ● Video Link: https://www.youtube.com/watch?v=fxMPax5Lrj8

Game:

Assassin's Creed: Valhalla (2020)

Duration: 4:43

13,732 views

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Ubisoft announced earlier this week their plans to begin development on games that include NFT’s and blockchain technology.

In today’s video, we provide a simple explanation for NFTs and how they work as well as some examples of how they could be used in a game. We also break down blockchain tech and the metaverse - all under a tidy five minutes!

It’s still pretty early but as far as Ubisoft plans are concerned we should probably assume the worst considering there are serious issues with the NFT marketplace and blockchain technology is still currently very bad for the environment.

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SOURCES

[International Business Times] Ubisoft to start developing NFT and blockchain games
https://www.ibtimes.com/ubisoft-announces-plans-develop-play-earn-blockchain-nft-games-3328384

[The Verge] NFTs are pretty bad for the environment
https://www.theverge.com/2021/3/15/22328203/nft-cryptoart-ethereum-blockchain-climate-change

[Wired] Why the Diablo III Auction House failed
https://www.wired.com/2013/09/diablo-auction-house/

[Kotaku] This NFT game idea is very bad
https://kotaku.com/mario-kart-nft-idea-is-the-worst-thing-i-have-ever-read-1847977673

[Forbes] NFT’s are probably a bad match for games (for now)
https://www.forbes.com/sites/paultassi/2021/11/02/its-a-nft-mario-the-perverse-pointless-push-of-nft-video-games/?sh=3ffe4d055be7

[VentureBeat] Big companies spending millions on blockchain gaming
https://venturebeat.com/2021/11/02/softbank-invests-93m-in-the-sandboxs-nft-game-platform/

[YouTube] WoW Auction House
https://www.youtube.com/watch?v=2fBN6bgkrPU

[OpenSea] NFT Marketplace
https://opensea.io/

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