Ubisoft Partners with Cronos to Expand in the NFT Gaming Industry
Ubisoft, a leading video game creator and publisher, has joined forces with Cronos, a blockchain network, to further establish its presence in the non-fungible token (NFT) gaming industry. Here are the key points to know:
– Ubisoft will run a validator node on the Cronos network, which is compatible with Ethereum and Cosmos blockchains.
– As a validator, Ubisoft will produce and verify new blocks on the Cronos network, contributing to its decentralization.
– The Cronos network will benefit from Ubisoft’s expertise through its Strategic Innovation Lab, particularly in advancing blockchain gaming.
– This partnership aligns with Ubisoft’s broader strategy of exploring and expanding its footprint in the NFT gaming domain.
– Ubisoft has previously introduced in-game NFT items on the Tezos blockchain and made investments in NFT projects.
– The company has a history of experimenting with blockchain technology and supporting various blockchain ecosystems like Tezos and Hedera.