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Ubisoft Backs Down From NFTs: Is The Market Open For Battle Infinity?

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Join Our Telegram channel to stay up to date on breaking news coverage Ubisoft Chief Executive Officer Yves Guillemot recently highlighted his plans regarding non-fungible tokens (NFTs) and the blockchain. He explained that his business is now contemplating a bit of a backward on the issue. Guillemot asserted that the majority of the controversy around NFTs and the blockchain has been the consequence of poor communication on the side of the firm. The CEO stated that Ubisoft has just been “in research mode” thus far. Experimenting with Latest Technologies He went on to say that the organization pays close attention to all emerging technologies and focuses heavily on cloud computing and the development of voxels of the next generation. They are investigating all of the Web3 possibilities and have recently tried a few things that are providing them with additional knowledge on how it may be utilized and what they should do in the context of the video game industry. Th...