Ubisoft Teams Up with XPLA Ecosystem as Validator
Gaming giant Ubisoft has announced its participation as a node validator in the XPLA ecosystem, demonstrating its interest in exploring blockchain technology. This move aligns with Ubisoft’s focus on innovation and its Strategic Innovation Lab, which aims to capitalize on opportunities presented by cutting-edge technologies.
XPLA: A Hub for Digital Media Content
XPLA is a Tendermint-based Layer 1 blockchain that serves as a hub for digital media content. The partnership between Ubisoft and XPLA holds particular promise for the gaming industry. Ubisoft’s role as a validator is expected to generate synergies and contribute to the validation process within the ecosystem.
Governance and Collaboration
Ubisoft will actively participate in governance proposals, playing a key role in strengthening the XPLA network. Leveraging Ubisoft’s expertise in video game creation, this collaboration is set to achieve significant milestones in blockchain networks and drive the growth of the Web3 gaming sector.
Paul Kim, team lead of XPLA, expressed enthusiasm about Ubisoft’s involvement and highlighted their shared goal of creating a transparent and trustworthy Web3 ecosystem. The collaboration aims to deliver an appealing gaming experience to players worldwide.
Anticipating Industry Growth
The protocol development team behind XPLA is optimistic about the ecosystem’s growth, especially within gaming and explore-to-exchange (X2E) services. The ecosystem already boasts collaborations with popular titles such as The Walking Dead: All-Stars, Summoners War: Chronicles, MiniGame Party, and Ace Fishing: Crew. Additionally, it introduced the first cross-chain game, Idle Ninja Online.
While these collaborations are significant, the addition of Ubisoft to the ecosystem marks an important step forward. The XPLA ecosystem anticipates the involvement of more validators, which will enhance the network’s security and stability.
Market Update: Crypto on the Rise
The total crypto market capitalization has experienced a notable uptrend over the past 24 hours, reaching $2.5 trillion and hitting a two-year high. Bitcoin (BTC), the largest cryptocurrency, is currently trading at $68,900, briefly touching the $70,000 mark for the first time in history.
Hot Take: Ubisoft Explores Blockchain Opportunities
Ubisoft’s decision to become a node validator in the XPLA ecosystem highlights its dedication to exploring blockchain technology. This partnership opens up possibilities for innovation in the gaming industry and further development of the Web3 gaming sector. With more industry players expected to follow suit, the XPLA ecosystem is poised for growth and success.
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