Gaming News
| Published On Dec 14, 2023 1:22 pm CET | By iGaming Team

Ultra Introduces Revolutionary Tradable Digital Video Game on Blockchain

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Video game industry experts from Ubisoft, PlayStation, and Nintendo have teamed up to create gaming powerhouse Ultra, which is thrilled to present the world’s first transferable digital video game. This groundbreaking advancement ushers in a new age in video game distribution while also completely changing the nature of digital ownership.

AAA talent is responsible for creating Ultra’s exclusive blockchain technology, which is at the center of this gaming revolution. This technology unites publishers, developers, and players into an equitable, long-term paradigm that is advantageous to all. The independent game “Josh Journey: Darkness Totems” by Provincia Studio is the trailblazer in this revolutionary voyage, earning it the distinction of being the first transferable game ever made.

Empowering Gamers with True Ownership

With its blockchain technology, Ultra hopes to solve a persistent problem in digital entertainment: the absence of actual ownership. Users now only have permission to view and utilize digital content; this permission can be revoked at any moment. With its innovative approach, Ultra offers consumers authentic ownership rights, reimagines digital content exchanges, and represents game licenses as digital tokens.

Nicolas Gilot, Co-CEO at Ultra, emphasized the significance of true ownership: “By tokenizing the games on Ultra and providing developers with the option to make their titles tradable, we hope to unlock new revenue streams and community engagement features.”

As the first tradable game on Ultra Games, Guilherme Araujo, Co-Founder of Provincia Studio, expressed delight about Josh Journey. He views it as a chance to investigate novel business models, improve income sources, and dabble in novel but intriguing ideas like tokenization and blockchain.

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Although all games on Ultra’s next-generation PC store include transferable game technology, creators are free to activate reselling and establish guidelines like minimum resale pricing and income splits. Ultra Games has a wide range of products in their portfolio, from well-known PC games like The Walking Dead Definitive Series and Lords of the Fallen to web3 games like Phantom Galaxies and Aether: Trading Card Game.

With its own layer 1 blockchain and native token, UOS, Ultra is leading the way in innovation and ushering in a new age of gaming experiences as the gaming industry accepts this paradigm shift.