The gaming paradigm will be massive with Web3.

Ubisoft leads the charge with its FIRST blockchain game

🧵

This thread was inspired by my friend @0xAhri. So if you have not read his insights from an "insider" perspective, I highly recommend you to check that out. 

So I happen to chance upon what Ubisoft is building and its going to be huge....

Blockhain games are often criticized for its monetization approach. 

"Games aren't fun to play because they focus on monetization too much"

I'll let @0xAhri dispel another "myth" here ;)

This is particularly true, where developers emphasize on the money aspect more than with actual gameplay value.

Unfortunately, some pay-to-win games rely on unsustainable tokenomics, leading to criticism from players. 

The earlier wave of play-to-earn games faced scrutiny for resembling Ponzi schemes, where the earnings of early players relied on attracting new players to buy NFTs or tokens. 

These highlight the importance of building sustainable and fair incentive models that prioritize gameplay alongside earning potential for blockchain games.

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So I am interested to see how @Ubisoft would tackle this 👇

For those if you whom might not know what @Ubisoft does...

It is a French video game publisher, developing popular titles like:

Far Cry 

For Honor

Just Dance

Prince of Persia

Rabbids, Rayman

Tom Clancy's

Watch Dogs

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In their quest for innovation, Ubisoft ventured into web3 in 2021 being "experimental"

They took a bold step by introducing Tezos-based NFTs for the PC edition of Ghost Recon Breakpoint.

It fell short of expectations, as only 15 virtual items were sold. 

Ubisoft didn't back down. 

They continued their journey deeper into web3 through its investments into @animocabrands, for more collaborations.

Players could use Rabbid NFTs as avatars in @TheSandboxGame 

And bringing more web3 essence for Assassin's creed for a collaboration with @IntegralReality to develop Assassin's Creed Smart Collectibles.

Ubisoft just announced its first PC Web3 game: @ChampionsVerse

A PVP Tactical RPG game called Champions Tactics: Grimoria Chronicles

Here's a trailer:

It will be built on @oasys_games network.

The blockchain is optimized for gamers🕹, with instant transaction speed and zero gas fee.

Backed by big game companies including Bandai Namco and Square Enix.

NFTs did not gain much favour from its gamers for Rabbids and Assassin Creed, which probably explains Ubisoft cautious approach towards NFT. 

Use case would likely be for NFTs as cosmetics.

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Ubisoft's is dedicated to web3. 

And it's advancing into the blockchain gaming space. I do see that it will be a major leader for the industry. 

It'll influence the pack of other gaming companies into web3 and I do think that this sector still has a lot to grow.

I strongly believe that web3 is the future and that blockchain has the power to revolutionize the way we play and interact with games. 

Though not an avid gamer myself or being too involved in the gaming space. 

I think its good chance now to be part of the gaming community!

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Being early always help. 

One that I am personally excited that relates to me is @MapleStory and @RuneScape in web3. 

Can't wait for more updates from them but in the meantime, just watching on the sidelines. 

What games do you play?

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Reference: https://twitter.com/arndxt_xo/status/1675831630500610048