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Ubisoft Becomes A Tezos Corporate Baker As The Gaming Giant Explores New Possibilities For Players & Developers

The multi-national gaming giant Ubisoft, known for blockbuster games, including: Assassins Creed, Far Cry, Watchdogs, Just Dance and more, has become a Tezos corporate baker. They wish to explore: ‘new possibilities for players & developers’.

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Ubisoft

Ubisoft are a multi-national gaming giant that are known for large video game franchises including RaymanRabbidsPrince of PersiaAssassin’s CreedFar CryWatch DogsJust Dance, and the Tom Clancy’s series. They are considered to be one of the biggest games companies in the world,  have revenue of €1.5 billion and have over 20,000 employees.

They are also known to have the ‘the largest in-house game development staff in the world’, as well as more than 40 games studios, based in 5 continents around the globe. Over 80% of the Ubisoft team are dedicated to creation.

Ubisoft are also members of the ‘Blockchain Game Alliance‘ alongside TZAPAC (the leading Asia-based public blockchain consultancy supporting the Tezos ecosystem). Other members of the alliance include Tencent, Rockstar Games, Capcom, Bethesda and Sega.

Ubisoft Joins The Tezos Network As A Corporate Baker

In a press release by Nomadic Labs, it has been announced that Ubisoft will be joining the Tezos network as a corporate baker. Ubisoft will become the ninth large-scale corporate baker to start verifying transactions on the Tezos blockchain, joining Wakam, Exaion EDF (Electricité de France S.A.), Taurus, Smart Node, Sword France, Inacta, The Blockchain Group and Nisbah Capital (Taibah Valley).

In the press release it mentioned: 

By officially becoming a baker, Ubisoft will now validate transactions (blocks) and add them to the Tezos blockchain.

Becoming a baker can give many benefits for organizations exploring and using the Tezos blockchain, including: having a say in forthcoming governance proposal upgrades via voting, and the ability to guarantee that your transaction hits the mempool to be considered for inclusion to the Tezos blockchain.

By joining the Tezos community, Ubisoft continues its exploration of blockchain technology through its Strategic Innovation Lab, whose mission is to anticipate the future and to help Ubisoft get ready for it by exploring the opportunities offered by innovative technologies.

Through their new position as a Tezos corporate baker, Ubisoft will experiment with the innovative liquid proof-of-stake consensus algorithm and continue its long-term research on the potential of this technology for the future of gaming.

Bring New Possibilities To Players & Developers

Commenting on Ubisoft joining the Tezos blockchain as a corporate baker, Nicolas Pouard, Blockchain Initiative Director at Ubisoft stated:

“We’re happy to be joining the Tezos ecosystem as a corporate baker.

Ubisoft believes that blockchain has the potential to bring new possibilities to players and developers alike, and this new collaboration will allow us to pursue our innovation efforts with an ecosystem that aligns with our environmental-friendly approach thanks to its proof-of-stake consensus algorithm. ”

Michel Mauny, President of Nomadic Labs, and a specialist of the Tezos blockchain, added:

“This announcement proves once again that the Tezos ecosystem is one of the most active in the world. We are delighted to have worked with the Ubisoft Strategic Innovation Lab on their exploration of Tezos.

Ubisoft is one of the first large companies to show interest in blockchain technology by testing several protocols through the years and we are happy to welcome them in our ecosystem.

Their experience and vision will be an asset in the Tezos community”

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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