Gaming News
| Published On Jan 16, 2024 9:09 am CET | By Jenny Patel

Gaming Giant Ubisoft Backs Wemix Blockchain Network

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Ubisoft, renowned for its hit games like Assassin’s Creed and Rainbow Six: Siege, continues to invest in the blockchain and crypto gaming industry. The company has just announced its partnership with Korean game publisher WeMade, joining the node council for WeMade’s Wemix blockchain.

This new venture involves Ubisoft becoming one of the 40 partners responsible for running validator nodes on the Wemix 3.0 network. This blockchain, compatible with Ethereum’s EVM, marks a departure from Wemix’s initial platform on the Klaytn mainnet, now rebranded as Wemix Classic.

The Wemix 3.0 blockchain operates on a proof-of-stake authority consensus algorithm, blending elements of proof-of-stake and proof-of-authority models. Nodes, essential for validating transactions on the blockchain, are computers that maintain a copy of the blockchain’s software. Operators of these nodes, like Ubisoft, are typically rewarded with cryptocurrency for their computational work.

Ubisoft’s involvement in blockchain gaming is not new. The company faced backlash in 2021 after introducing free in-game NFTs in Tom Clancy’s Ghost Recon Breakpoint. However, it continued to pursue blockchain technology, becoming a node operator for the Hedera blockchain in 2022 and the Cronos blockchain in 2023.

Last year was particularly noteworthy for Ubisoft in the blockchain arena. The company announced its first blockchain game, “Champions Tactics,” and launched the game’s first free NFT mint, which saw millions of dollars in trading volume within hours.

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Ubisoft’s commitment to the Wemix network is a testament to its broader strategy of embracing innovative technologies in gaming. In addition to its blockchain initiatives, Ubisoft is exploring AI-generated video game dialogue.

Jenny Patel

Jenny Patel, a dedicated freelance writer, has been consumed by her love for gaming since her childhood days. Her go-to games growing up were Elder Scrolls V: Skyrim on PC and Halo 3 on XBOX. Jenny now enjoys the flexibility of working remotely, allowing her to explore the world while indulging in her gaming passion.