Ubisoft adopts blockchain technology for the XPLA ecosystem as a node validator
The well-known video game publisher and developer Ubisoft has joined the XPLA ecosystem as a node validator, showing that it is interested in exploring blockchain technology.
The March 7 release states that Ubisoft’s involvement in the ecosystem is in line with its innovation efforts, including its Strategic Innovation Lab. This lab seeks to foresee trends and take advantage of possibilities given by “cutting-edge” technology.
Digital media content is central to XPLA, a Tendermint-based Layer 1 blockchain that exemplifies the “Explore and Play” idea.
Particularly encouraging for the game sector is the collaboration between Ubisoft and XPLA, as mentioned in the statement. There will be “synergies” and contributions to validation from Ubisoft’s role as a validator in the ecosystem.
Also, Ubisoft will be involved in decision-making on governance ideas that will make the XPLA network even stronger. The collaboration is anticipated to significantly advance blockchain networks and the growth of the Web3 gaming industry by capitalizing on Ubisoft’s proficiency in video game development.
In a statement, XPLA project head Paul Kim was enthusiastic about Ubisoft’s participation, highlighting the common objective of building a Web3 environment that is “more open” and “trustworthy.” Players all across the globe can expect an enticing gaming experience thanks to the partnership. In addition, Kim said:
“We are pleased to have Ubisoft on board as a validator for XPLA. We will work together to build a Web3 environment that is more open and trustworthy so that gamers all around the globe may enjoy a great gaming experience.”
Also looking forward to the ecosystem’s expansion is the protocol development team, especially in the gaming and X2E (explore-to-exchange) service sectors.
According to reports, the protocol has a diverse set of games integrated into its ecosystem. These include The Walking Dead: All-Stars, Summoners War: Chronicles, Ace Fishing: Crew, MiniGame Party, and the first cross-chain game, Idle Ninja Online.
But the XRPLA crew is quick to point out that Ubisoft’s integration into the ecosystem is a huge win. The ecosystem is looking forward to more validators joining the cause, since this will strengthen the network’s defenses.
Currently, the whole value of the cryptocurrency market has been steadily rising over the last 24 hours, reaching a two-year high of $2.5 trillion. Bitcoin (BTC), the market’s biggest cryptocurrency, is now trading at $68,900, having temporarily crossed the $70,000 barrier for the first time in history.
Also Read: Binance Will Introduce European-Style XRP Options Contracts March 9, 2024